27938
Home Appliance Market Glut
Economy, Business And Markets

Home Appliance Market Glut

An oversupply resulting from excessive domestic manufacturing has led to a market glut, says head of Home Appliance Sellers Union, Mohammad Tarhanpour. The manufacturers, according to the official, have pinned hopes on exports to neighboring countries such as Iraq and Afghanistan, which are currently not faring so well. He voiced concern that the prospective removal of western sanctions–imposed on Iran over its nuclear energy program–could exacerbate the situation for domestic manufacturers as competition increases in the market.

Short URL : https://goo.gl/kWcpNu
  1. https://goo.gl/04tNZI
  • https://goo.gl/s6fiaD
  • https://goo.gl/WheOJ6
  • https://goo.gl/CbOlNb
  • https://goo.gl/5UBV7L

You can also read ...

Pretoria Hosts South Africa-Iran Business Forum (Photo: AfricaNewsAgency)
The South Africa-Iran Business Forum was held in Pretoria,...
485,000 New Jobs Averaged Annually Since 2013
An average of 485,000 jobs were created every year during...
Furniture Exports on Decline
Iran exported about $6 million worth of furniture during the...
About 1,837 million shares valued at $86.508 million changed hands at TSE on Oct. 23.
Tehran Stock Exchange’s main index lost 134.00 points or 0.15...
The health deal was signed in Iran’s Embassy in London on Oct. 23.
Iran’s Ministry of Health signed an investment and cooperation...
Renault Launches Used-Car Sales Scheme in Iran
Negin Khodro, the local official importer of Renault cars, has...
The fiscal 2014-15 was the worst year for the construction sector in recent memory, with growth rate reaching its nadir at -17%.
The research arm of the Iranian Parliament has forecast a...
Over 14.88 billion shares valued at $1.11 billion were traded at TSE over the past month.
Tehran Stock Exchange’s main index TEDPIX gained 648 points or...

Trending

Googleplus