[Iran] - Production of washing machines increases 9%

INSUBCONTINENT EXCLUSIVE:
TEHRAN- Manufacturing of washing devices in Iran has actually risen 9 percent in the first nine months of the current Iranian calendar year
(March 21-December 21, 2022), as compared to the very same amount of time in the past year, according to the information launched by
Industry, Mining and Trade Ministry.The ministrys data show that 1.16 million washing machines have actually been made in the nine-month
duration of this year, while the figure was 1.061 million in the exact same time period of the previous year.Based on the data previously
released by the ministry, 1.456 million washing makers were made in the country during the past Iranian calendar year 1400, showing 20
percent development year on year.Manufacturing of house appliances in Iran increased 7.56 percent throughout the previous year from the
preceding year.According to the market ministrys data, over 6,273,600 sets of big home devices, including television sets, refrigerators and
freezers, washing devices, and air coolers were produced in 1400, while the figure was 5,832,400 in 1399
Among the discussed items, just air cooler experienced a production drop, and production of the other items increased.Over the previous few
years, the Iranian federal government has been following a brand-new method for supporting domestic production to neutralize the impacts of
the U.S
sanctions while reducing the reliance of the economy on oil revenues.The house appliances sector has been among the pioneers in this regard
and like many other locations, the production of home appliances has witnessed a substantial rise in the previous four years.MA/ MA