Iran’s nine-month TV manufacturing up

Iran produced 61 percent more TV sets in the first nine months of the current Iranian year (March 21-December 21, 2022), compared to corresponding figure of preceding year, according to the data released by the Industry, Mine and Trade Ministry.

The ministry’s data indicate that 1.43 million TV sets were manufactured in the nine-month period, while the figure was 886,000 in the same time span of the previous Iranian year, IRNA reported.

Based on the data previously released by the ministry, 1.3 million TV sets were manufactured in the country during the past Iranian year, showing a 3.6 percent growth year on year.

Manufacturing of home appliances in Iran rose 7.56 percent during the previous Iranian year from its preceding year.

According to the ministry’s data, over 6.273 million sets of large home appliances, including TV sets, refrigerators and freezers, washing machines, and air coolers were manufactured in last Iranian year, while the figure was 5.832 million in its preceding year.

Among the products, just air cooler experienced a production drop, and production of the other items increased.

Over the past few years, the Iranian government has been following a new strategy for supporting domestic production to neutralize the impacts of the US sanctions while reducing the reliance of the economy on oil revenues.

The home appliances sector has been one of the pioneers in this regard and like many other areas, the production of home appliances has witnessed a significant rise in the past four years.