Textile exports up 28 percent

IRNA -Textile industry exports have grown 28 percent since the beginning of current Iranian year (started March 21, 2018), director-general of the Iranian Ministry of Industry, Mine and Trade’s Department of Textile Industry said.

Afsaneh Mehrabi added that with the rise in the prices of exchange, many textile industries are in dire need of money circulating, which has been done in this case.

‘According to the ban on garment imports as of July 2018, there is a need for 210,000 tons of garment in the country,’ Mehrabi added.

‘There are 7,000 and 900 active textile productive units in the country, which are scheduled to provide raw materials and finance for the circulation of these industries,’ she said.

By solving the problems of international exchange, the textile industry has expanded in the fields of import, exports and installing new machinery and has improved financial and banking problems, Mehrabi added.