Economy, Domestic Economy

Small But Sweeping

Small But SweepingSmall But Sweeping

Small- and medium-sized enterprises account for 45% of jobs and 92% of industrial activities in Iran, according to the deputy head of Iran Confederation of Knowledge-Based Association. “Thanks to their autonomy from other organizations, unity of management and family ownership, SMEs enjoy considerable potential in creating jobs,” IRNA quoted Davoud Fadaei as saying. According to the Ministry of Industries, Mining and Trade, there are more than 82,000 small- and medium-sized enterprises in the country.