14% Rise in Tire Production
14% Rise in Tire Production

14% Rise in Tire Production

14% Rise in Tire Production

Iranian firms manufactured more than 111,000 tons of tires and inner tubes during the first half of the current Iranian year (started March 20), which indicates a 14% rise over last year’s corresponding period, according to the deputy head of Producers and Consumers Rights Protection Organization, Vahid Menaei, Mehr News Agency reported. The Canada-based market research and consulting service provider TechSci Research earlier this year predicted that Iran’s tire market is likely to grow at a CAGR of over 12% during 2016-21 amid an anticipated economic revival due to the lifting of anti-Iran nuclear sanctions in addition to the expansion of the domestic auto market.

Short URL : https://goo.gl/kWZUFN
  1. https://goo.gl/GPBhur
  • https://goo.gl/dJg2o0
  • https://goo.gl/EfkM9q
  • https://goo.gl/udlUMI
  • https://goo.gl/6N3A1f

You can also read ...

Iran and the Eurasian Economic Union signed a three-year provisional agreement on May 17 for the bloc to welcome Iran into the EEU Free Trade Zone.
The Eurasian Economic Commission Council approved the roadmap...
India in Touch With All Stakeholders on Iran Sanctions
Following fresh US sanctions on Iran over its nuclear program...
US Pressuring German Firms ‘Daily’ Over Iran Sanctions
Washington’s ambassador in Berlin has been pressuring German...
Google Defends Gmail Data Privacy Policy
Alphabet Inc’s Google gave details about its policies for...
Crypto Trading Continues to Decline Since CBI Ban
Cryptocurrency transactions in Iran have significantly...
Housing Uptrend Continues
Iran's housing and construction sector registered a fourth...
Instagram Testing Resharing Feature
After years of resistance, Instagram is now testing a way for...
Renovation of Mehrabad Airport Terminals by March 2020
Renovation of terminals 1 and 2 of Tehran’s Mehrabad...

Add new comment

Read our comment policy before posting your viewpoints