TEHRAN (Dispatches) - Iran’s Minister of Industries Reza Rahmani has said a great booms in the manufacturing sector in his country, saying that average daily output of carmakers has doubled in January compared to the recent months.
In a meeting with his deputies in the Ministry of Industry, Mine and Trade (MIMT), Rahmani said that despite U.S. pressures, car output in Iran had grown after a lengthy period of recession to reach 4,000 vehicles a day. That means a double increase to Iran’s average daily output compared to the recent months.
The MIMT issued a report last month showing that the total number of cars produced in Iran between late March and late December 2019 had topped 524,200, a decline of 25.6 percent compared to the similar nine-month period in 2018.
Rahmani cited data published by the Central Bank of Iran showing that manufacturing growth had reached 2.3% in January this year from minus 12.5% in March 2018.