Textile industry posts 17.1% growth
The textile industry grew by 17.1% last Iranian calendar year (ended March 20) which was the highest figure in all industrial sectors of Iran, said Mohsen Gorji, the director general of the department of textiles and clothing industries at the Ministry of Industry, Mine and Trade.
“Last year, we witnessed a significant growth in industrial infrastructure and technology of textile industry sector as one of the main targets of the industry is to enhance the exports that leads to fetch more forex into the country,” Gorji added, according to IRNA.
The average purchasing managers’ index (PMI) during the month to June 21 was 53, as the related figure for the entire industry was 55, and the average of the textile industry was 64.17, while the average of clothing and leather was 64.29, the official noted.
The PMI of textile and clothing sector is higher than the economy and industry average as has grown by 3% and 36%.
According to IRNA, the First Specialized International Exhibition of Fabrics and Related Industries will be held in Tehran on September 9-12 with the participation of more than 90 producers and suppliers of fabrics.