Domestic Textile Industry in  Dire Straits
Domestic Textile Industry in  Dire Straits
Sunday, February 25, 2018

Domestic Textile Industry in Dire Straits

Sunday, February 25, 2018

Domestic Textile Industry in Dire Straits

The Iranians’ overall declining purchasing power and excessive imports have pushed the Iranian textile industry into recession in recent years, the chairman of Tehran’s Wholesalers and Textile Sellers Union said.
As Amir Qadiminejad told ILNA, about 3,500 members of this union, out of over 7,000, have gone out of business in the past five years.
He noted yjay Turkish apparel dominates the domestic market. 


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.

Short URL : https://goo.gl/p6nLGo
  1. https://goo.gl/kaFV6Q
  • https://goo.gl/Vvuo25
  • https://goo.gl/Pdvhfv
  • https://goo.gl/tKE1cg
  • https://goo.gl/MmVb9h

You can also read ...

BMW’s Tech-Stuffed Concept SUV Heralds Fancy, Electric Future
Changing notions of what customers want from cars have pushed...
Tesla Hits New Speed Bump
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday...
Oil & Gas Sector Most Conducive for Business
The research arm of Iran’s Parliament has conducted a first-of...
3 CBI Officials  to Leave
Following the recent passage of the law banning the employment...
CBA Concerned About Forex Outflow to Iran
The Central Bank of Afghanistan raised concerns about the...
Anzali Port to Be Connected to National Railroad
Anzali Port in the northern Gilan Province will be connected,...
Mineral Trade Surplus Hits $2.9b
Iran exported more than 25.47 million tons of mineral products...
Departure Tax Revenues  Up 117 Percent
The government earned 3 trillion rials ($24 million) from...

Add new comment