Domestic Production

Iran exports 3.4mn tons of steel ingot in H1

TEHRAN, Oct. 16 (MNA) – Islamic Republic of Iran exported 3,488,867 tons of steel ingot and products in the first six months of the current Iranian calendar year (from March 21 to Sept. 22), showing a three percent growth as compared to the last year’s corresponding period.

Industry min.:

Plans underway for manufacturing 200 cargo ships

TEHRAN, Oct. 17 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said that his ministry has targeted for manufacturing as many as 200 freight ships this year.

Industry min.:

Planning underway to turn $10bn imports into domestic production

TEHRAN, Oct. 15 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said that planning is underway for converting $10 billion worth of imports to domestic production.

5th Sea & Offshore Expo 2019 to kick off on Dec. 15-17

TEHRAN, Oct. 13 (MNA) – The 5th edition of Sea & Offshore Expo 2019 will be held on Dec. 15-17, 2019 in tandem with materializing objectives and policies of resistance economy and naming the current year after “Boosting Domestic Production”.

Deputy Ministry of Agriculture:

Iran attains self-sufficiency in rice production

TEHRAN, Oct. 08 (MNA) – Deputy Ministry of Agricultural Jihad for Planning and Economic Affairs Abdol-Mahdi Bakhshandeh said that Iran attained self-sufficiency in the production of rice.

Conclusion of contract for indigenizing 77 automotive parts

TEHRAN, Oct. 05 (MNA) – An official in charge the Ministry of Industry, Mine and Trade for Industrial Affairs Mehdi Sadeghi Niyaraki said on Saturday that 77 important automotive parts in car industry will be indigenized.

IKCO CEO:

‘Peugeot 301’ to hit domestic car market next year

TEHRAN, Oct. 04 (MNA) – Chief Executive of Iran Khodro Industrial Group (IKCO) Farshad Moghimi said on Friday that ‘Peugeot 301’ sedan will hit the domestic car market during the first half of the next Iranian calendar year (to start March 21, 2020).

Mineral productions value to exceed $21bn in current year

TEHRAN, Oct. 02 (MNA) – Minister of Industry, Mine and Trade Reza Rahmani said that value of industrial and mineral productions in the current year (started March 21) will exceed $21 billion in the current yeasr (started March 21).

Iranian engineer indigenizes rotary actuator for oil valves

TEHRAN, Sep. 30 (MNA) – A senior expert at the Pars Special Economic Energy Zone Organization (PSEEZ) has succeeded in developing a rotary actuator used in oil and gas valves.

Iranian drones ‘better than foreign ones’: VP Sattari

TEHRAN, Sep. 18 (MNA) – Vice President for Science and Technology Sorena Sattari said that some domestically-produced drones are better than their foreign versions.

Iran’s steel ingot output hits over 8.5mn tons in five months

TEHRAN, Sep. 16 (MNA) – About 8,539,776 tons of steel ingot were manufactured by major steel production plants in Iran in the first five months of the current year (March 21 – August 21), showing a four percent hike as compared to the same period last year.

Production capacity of petchem industry to increase up to 100mn tons by 2021

TEHRAN, Sep. 07 (MNA) – Production capacity of Iran’s petrochemical industry will increase up to 100 million tons by 2021.

Iranian co. produces 1500 process items for oil industry

TEHRAN, Sep. 01 (MNA) – Aghajari Oil and Gas Production Company (AOGPC) has domestically manufactured 1,563 process items for the oil industry in the first half of the current Iranian fiscal year, which began on March 21.

Human drugs production volume up by 9.6% in 4 months

TEHRAN, Aug. 24 (MNA) – Statistics of the Ministry of Industry, Mine and Trade indicated that the volume of human drugs production registered a 9.6 percent growth in the first four months of the current Iranian calendar year (March 21 – July 21).

Senior cleric calls on Govt., Parl. to remove obstacles to boost domestic production

TEHRAN, Aug. 23 (MNA) – Ayatollah Mohammad Emami Kashani, the Interim Leader of Tehran Friday Prayers said that the government and the parliament need to abrogate laws hindering investment and domestic production.

Economic pressures defeatable, says Larijani

TEHRAN, Aug. 21 (MNA) – Iranian Parliament Speaker Ali Larijani called on responsible organizations to support investors and domestic production, saying that such measures can defeat economic problems of the country.

Senior cleric urges for intensifying fighting corruption in line with Leader’s instructions

TEHRAN, Aug. 02 (MNA) – TEHRAN, Aug. 02 (MNA) – Tehran's provisional Friday Prayers leader Mohammad Javad Haj Ali Akbari has described fighting corruption as one of the major objectives of the Islamic Revolution.

By: Mahnaz Abdi

Channeling liquidity into stock market to pick up production

TEHRAN, Jul. 31 (MNA) – The statistics show that stock market in Iran is moving toward more and more development and creating better conditions for participation of more investors.

988k job opportunities to be created by Mar. 2020

TEHRAN, Jul. 17 (MNA) – Head of the Plan and Budget Organization Mohammad-Bagher Nobakht announced on Wednesday that by the end of the present Iranian year (March 20, 2020), some 988,000 job opportunities will be created by the government.

Hemmati:

Controlling liquidity, protecting production main targets of central bank

TEHRAN, Jul. 16 (MNA) – The Governor of the Central Bank of Iran Abdolnaser Hemmati said on Tuesday that as in the previous year, the main goals of the central bank are controlling liquidity volume and protecting domestic production.

Iranian industry min.

Sanctions meant to paralyze production but it grew 1% in Q1

TEHRAN, Jul. 14 (MNA) – Despite all pressures from US sanctions which aimed to hamper Iran's economy, domestic production has increased by 1% in the first three months of the year, Iranian Industry Minister Reza Rahmani said on Sunday.

2,000 production units to be revived by Mar. 2020

TEHRAN, Jul. 09 (MNA) – Government has reactivation of 2,000 inactive or semi-active production units by the current Iranian yearend (ending on March 20, 2020) top on its agenda, Iranian deputy industry minister said on Tuesday.

By: Mahnaz Abdi

‘Productive Financing’, CBI’s new plan for supporting production units

TEHRAN, Jul. 07 (MNA) – Like the other economic bodies of the country, Central Bank of Iran (CBI) has defined supporting production as its major plan in the current Iranian calendar year, which is named the Year of Pickup in Production, and in this regard CBI Governor Abdolnaser Hemmati has several times stressed that supporting production units to flourish production is the priority of the country’s banking system in current year.

Iran to hold 1st exhibition of domestic production opportunities, boosting production

TEHRAN, Jul. 06 (MNA) – Chief Executive of Industrial Development and Renovation Organization of Iran (IDRO) Mohammad-Baqer Aali said on Fri. that the First Exhibition of Opportunities of Domestic Production and Boosting Production will be held late this month.

By Mahnaz Abdi

Offering basic goods at IME for regulated market, flourished production

TEHRAN, Jun. 25 (MNA) – Supplying basic goods is one of the major issues on the Iranian government’s agenda in the current Iranian calendar year (started on March 21) and it is one of the focal pillars in the national budget bill for this year.

Iran’s aviation products to conform to global standards

TEHRAN, Jun. 25 (MNA) – Iran is planning to bring its aviation products up to global standards, according to Space Technologies Development and Advanced Transportation HQ.

Banks urged to establish more coop. with mining sector

TEHRAN, Jun. 24 (MNA) – Deputy Minister of Industry, Mine and Trade Saeed Zarandi called on domestic banks to forge further cooperation with the country's mining and mineral industries.

Paper production volume at 5.5% growth in two months

TEHRAN, Jun. 22 (MNA) – Statistics of the Ministry of Industry, Mine and Trade showed that 164,900 tons of various types of paper were produced in the first two months of the current year (March 21 – May 21), showing a 5.5 percent increase as compared to the last year’s corresponding period.