Domestic Economy
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Spinning Mills Operating at Full Capacity Because of High Demand

The share of foreign products has declined dramatically in the Iranian apparel market due to the ban on imports and the rise in foreign currency rates
Spinning Mills Operating at Full Capacity Because of High Demand
Spinning Mills Operating at Full Capacity Because of High Demand

Iran’s spinning factories are operating at full capacity, as the capacity of cotton mills increased by 47,000-48,000 tons last fiscal year (March 2019-20), the director general of the Ministry of Industries, Mining and Trade’s Textile and Clothing Department said. 
Noting that demand for locally-made clothing has increased by 20%, Afsaneh Mehrabi added, “As of last year, the country needed 120,000 tons of cotton. Last year, cotton imports stood at 98,000 tons as 60,000 tons of locally-made cotton were consumed,” Mehr News Agency reported.
“Prices of imported cotton have increased due to the depreciation of local currency. So, efforts made by Agriculture Ministry to increase import tariffs seem unjustifiable. Furthermore, sanctions have made imports even more challenging,” Mehrabi said.

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