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Aug 16, 2023

Up to 70% of parts to manufacture home appliances produced inside country

TEHRAN- On average, about 65-70 percent of the parts required to manufacture home appliances are domestically produced, the director-general of the Home Appliances Office of the Ministry of Industry, Mining, and Trade announced.

Mohsen Shokrollahi said: "But for some items and products, such as refrigerators and washing machines, this is even higher than 90 percent, and we plan to reach 100 percent."

The home appliance industry is one of the industries that faced significant production growth in the past Iranian calendar year 1401 (ended on March 20), so it can be said that Iranian manufacturers were able to take a significant share of the market in the production of refrigerators, freezers, washing machines, evaporative coolers, and TV sets, and even in small household appliances, the production status is outstanding.

Shokrollahi has said: "Despite the problems, 1401 was a busy year in terms of increasing production, and we were witnessing good growth in various items of household appliances."

The official announced that about 600 home appliance production units are active in the country.

"The home appliance industry is a growing industry and this industry is developing by launching new production lines, for example, last year we launched 27 new production lines, including 10 refrigerator production lines, six microwave and small household appliances production lines, four washing machine production lines, three dishwasher production lines, and one TV production line", he added.

The official has also announced that the export of home appliances from Iran rose 24 percent in the past year.

He said cooling and heating appliances including evaporative coolers, heaters, and water heaters with a growth of 30 percent, accounted for the lion's share of the export in the previous year.

"With 30 million dollars value of export, we had also a growth of 82 percent in the export of refrigerators and freezers in the past year", he added.

Over the past few years, the Iranian government has been following a new strategy for supporting domestic production to neutralize the impacts of the U.S. 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 six years.

MA

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