Iran exporting elevator, escalator industry products to 15 states
Iran exports elevator and escalator industry products to 15 countries, announced Bahman Abdollahi, the head of the Iran Chamber of Cooperatives.
Speaking in the inauguration ceremony of the 11th International Exhibition of Elevators, Escalators, Conveyors, Components and Accessories in Tehran on Friday, he said the elevator and escalator industry has experienced significant progress in recent years, IRNA reported.
“With measures taken in Iran’s elevator industry, the exports of the products will exceed their imports in the next two to three years.”
About 95 percent of the elevator industry has been indigenized in Iran and only five percent of the required parts are imported, Abdollahi noted.
The quality of production in the industry has reached an acceptable level such that we hope we will not need imports in less than five years, he added.
Abdollahi pointed out that 1,200 escalators are produced annually in the country, and said: “Out of the figure, less than 1,000 units are for domestic use, and more than 200 units can be exported.”
Over 140 domestic as well as 15 foreign companies are showcasing their latest products and services at the exhibition which will wrap up on Monday.