Domestic
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Domestic Edible Oil Industry Driven by Imports
EghtesadOnline: Iran’s oilseed production currently stands at 430,000 tons per year while annual imports amount to 2.23 million tons, according to secretary of Iran Vegetable Oil Guild Association.
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Strong Rise in Domestic Home Appliance Production
EghtesadOnline: The domestic production of three types of home appliances has increased, latest statistics released by the Ministry of Industries, Mining and Trade showed.
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MSC Remains Frontrunner in Domestic Steel Production
EghtesadOnline: With an output of 7.58 million tons, Mobarakeh Steel Company had the largest share of steel production in Iran during the first five months of the current fiscal year (March 20-Aug.…
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Domestic Raw Materials Meet 100% of Construction Demand
EghtesadOnline: Iran’s building and construction industry meets 100% of its requirements for raw materials from the local market, says Jafar Sarqeini, the caretaker of the Ministry of Industries,…
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MSC Retains Largest Share of Domestic Steel Production
EghtesadOnline: With an output of about 6.2 million tons, Mobarakeh Steel Company had the largest share of steel production in Iran during the first four months of the current fiscal year (March…
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Domestic Nominal Dairy Production Capacity at 12m Tons p.a.
EghtesadOnline: Iran’s dairy industry currently has the nominal capacity to produce 12 million tons of products per annum.
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30% Rise in Value of Domestic Medicines
EghtesadOnline: The value of domestically-made pharmaceuticals has increased 30% in the current Iranian year (started March 2019) and about €600 million less were spent on the import of medicines,…
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Tech Zone Opens in Isfahan
EghtesadOnline: In an effort to develop the domestic technology ecosystem, a tech zone has been launched in the central province of Isfahan early this week.
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Domestic Producers Taking Over Iran Apparel Market
EghtesadOnline: Apparel production in Iran is thriving these days, thanks to import restrictions and the rising prices of foreign brands.
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Iran Power Industry: Exports Up, Imports Down
EghtesadOnline: The pattern of power exports over the past three years is worthy of appreciation because, among other things, it indicates judicious domestic electricity consumption.
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Iran: Domestic Gas Refining Capacity at 900 mcm/d
EghtesadOnline: Natural gas processing capacity in Iran has reached 900 million cubic meters a day, the coordinating manager at the National Iranian Gas Company said.
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Iran Gov’t Plans to Generate 1 Million Jobs Next Year
EghtesadOnline: One of the main objectives of the government in the next Iranian year (starting March 20, 2020) is to boost domestic production and employment.
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Domestic Gas Consumption at New High
EghtesadOnline: Domestic gas consumption jumped to new highs on Tuesday reaching 693 million cubic meters per day, dispatching director at the National Iranian Gas Company said.
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Domestic Gas Consumption Overshadowing Exports
EghtesadOnline: The rise in domestic gas consumption has been more noticeable than the increase in exports over the last 12 months.
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Iranians Search for Games, Social Media Apps on Domestic Android Market
EghtesadOnline: The most searched terms on the Iranian Android market Cafe Bazaar were games, WhatsApp, Instagram and Telegram, in the second quarter of the fiscal 2019-20.
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Iran's Domestic Energy Consumption Causing Concern
EghtesadOnline: Energy (oil and natural gas) produced in Iran per day is 9.5 million barrels of oil equivalent, of which 65% is consumed domestically.
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Iran: New Incentives for Using Domestic Solar Panels
EghtesadOnline: Solar power generated by using domestically-made solar panels is purchased at higher prices, spokesman of the Renewable Energy and Energy Efficiency Organization (Satba) said.
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Iran: Forex Fluctuations Impact Domestic Travel Behavior
EghtesadOnline: A weak local currency has proved to be a boon to Iran’s inbound tourists while a nemesis to its outbound tourism industry, at least twice in the past decade.
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Iran Digital Payments Transactions Grow 26%
EghtesadOnline: An estimated 2.35 billion transactions worth 2,617 trillion rials ($23.05 billion) were processed by Iran's domestic payment network, Shaparak, during the fiscal month to August…
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Iran's IGAT-6 Helps Domestic Gas Supply and Boosts Exports
EghtesadOnline: The Sixth Iran Gas Trunkline (IGAT-6)–a major element of the national gas grid – is to be inaugurated by President Hassan Rouhani soon, managing director of the National Iranian…
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Smart Solutions Tapped for Boosting Food Industry
EghtesadOnline: Deals have been signed by knowledge-based companies, startups and traditional manufacturing units to boost the domestic food industry.
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Iran Domestic Apparel Industry Operating at Half Capacity
EghtesadOnline: The production volume of Iran’s apparel industry is half its nominal capacity, according to Reza Taziki, an official with the Ministry of Cooperatives, Labor and Social Welfare.
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$3.8m Aid Package for Domestic Knowledge-Based Companies
EghtesadOnline: Iran National Innovation Fund intends to offer local knowledge-based companies aid packages to the tune of 500 billion rials ($3.8 million) in the form of loans to empower tech…
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Half of Iran's Domestic Textile Industry’s Capacity Remains Untapped
EghtesadOnline: Half the capacity of Iran's 9,000 textile and clothing manufacturers remains untapped due to credit crunch, poor sales and sanctions, a board member of Iran Textile Specialists…