Domestic Garment Sector Struggling to Keep Shirt On
Economy, Domestic Economy

Domestic Garment Sector Struggling to Keep Shirt On

Over 70% of Iranian shirt-makers are on the verge of bankruptcy with some operating at 20% of their capacity, the head of Tehran Shirt-Makers Association said. Javad Doroudian blamed the absence of banking facilities, heavy taxes imposed by the government on production units and market oversupply for the troubles facing the garment sector, Eranico reported.

Short URL : https://goo.gl/rJBW8a
  1. https://goo.gl/l3W8OV
  • https://goo.gl/QU6MFx
  • https://goo.gl/BxbFpS
  • https://goo.gl/nxKv9H
  • https://goo.gl/wkHwm5

You can also read ...

Big Benefits of a German ‘Iran Bank’
Since US President Donald Trump pulled out of the nuclear...
Islamic Bonds Worth $25m Issued for  Locomotive Manufacturing
Some 1.05 trillion rials ($25 million) worth of Islamic bonds...
Audi Names New Leader After CEO Arrested
Audi has tapped its top sales executive to lead the company...
Structural Reforms in Banks  to Help Ensure Fiscal Stability
The second and final day of the Conference on Monetary and...
Hyundai Elantra
After local media reported that the South Korean carmaker...
Two-Month Auto Parts Import Bill: $468m
Iran’s auto parts import bill for the first two months of the...
Kerman to Host 2 Int’l Mining Expos Next Week
The Sixth International Exhibition of Mining, Mineral...
IRIR Unveils Suburban Rail Expansion Plans
The Islamic Republic of Iran Railways plans to expand suburban...

Add new comment

Read our comment policy before posting your viewpoints