Iran to inaugurate a truck tire manufacturing plant next month

December 18, 2019 - 18:0

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani announced that a truck tire manufacturing plant will be inaugurated in the country next month to meet 25 percent of the domestic requirement, IRIB reported.

“We are currently importing 70 percent of our required truck tires; but five manufacturing plants have been planned to reduce the imports. Putting the first plant into operation next month, we will achieve 55 percent self-reliance in terms of this product”, the minister further said.

“We have taken several serious steps in terms of domestic production and self-reliance and the first one is to prevent from import of the products that can be produced inside the country”, Rahmani mentioned.

Last week, the minister said that relying on domestic production has saved €412 million for the country over the past six months in which six desks have been held on the matter.

He said the mentioned desks are focused on automotive, petrochemicals, mining, electricity, electronics and telecommunications industries.

The official also noted that preparations have been made for holding seven more desks for promoting domestic production in the fields of electricity, electronics and telecommunications, petrochemicals, home appliances, utilities, rail and auto industries which will save the country another €490 million.

Improving and boosting domestic production has been one of the major strategies that Iran has been following in the past two years in order to increase its independence.

To this end, Iranian government has put supporting domestic producers atop agenda in the current year.

In late November, Rahmani had said that relying on domestic production will save $10 billion for the country in the next two years.

Back in October, Leader of Islamic Revolution Ayatollah Seyed Ali Khamenei said government officials should ban the import of goods that are also produced domestically.

MA/MA

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