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Iran's garment industry worth $15 billion: top official

26 Aug '17
1 min read

Iran’s fashion and garment industry is worth 500 trillion rials (over $15 billion) though data from the government’s statistics centre shows that to be 350 trillion rials, the country’s secretary of fashion and clothing regulation workgroup Hamid Qobadi Dana recently told the fashion-focused second edition of the Startup Weekend conference in Tehran.

Dana also highlighted the need to have a national standard system of garment sizes. The conference, held in mid-August on the development of new talent in the fashion and retail industry, centred around ‘Entrepreneurship in Fashion and Technology’, according to an Iranian news agency report.

A new apparel industrial town may be set up in Fashafouyeh in Tehran Province’s Rey County to limit imports, boost domestic production and to make the price of Iranian garments more competitive. AT present, 9,818 industrial units are active in Iran’s textile and apparel sector, comprising 11 per cent of all industrial entities. (DS)

ALCHEMPro News Desk – India

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