Domestic Economy
0

86 Industrial Plants Register Over 100% Production Growth

86 Industrial Plants Register Over 100% Production Growth
86 Industrial Plants Register Over 100% Production Growth

Eighty-six industrial plants increased their production by more than 100% during the 10 months to Jan. 19 compared with the corresponding period of last year, says Deputy Industries Minister Saeed Zarandi.
“The Project and Planning Department of the Ministry of Industries, Mining and Trade monitors the production of 40 industrial products by 1,000 industrial and mining enterprises every month. These 1,000 enterprises account for more than 60% of the added value of the country’s industries and mining sector,” he said. 
“During the 10 months to Jan. 19, out of 319 enterprises, 148 registered a production growth of 20-50%, 40 posted growth rates of 50-70%, 45 saw a production increase of 70-100% and 86 registered more than 100% growth in their output compared with the same period of last year,” he was quoted as saying by ISNA.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com