November 29, 2020

Persian News

All Persian News Related to Iran

Tire production up 25% in 7 months yr/yr

TEHRAN- Production of the tire in Iran has risen 25 percent during the first seven months of the current Iranian calendar year (March 20-October 21), compared to the same period of time in the past year.

Some 169,741 tons of tires have been produced during the seven-month period of this year.

In terms of number, 28.278 million tires have been produced, showing a 29-percent growth year on year.

Of the mentioned figure, 90,538 tons were the passenger car tires, which shows a 29-percent rise.

Some 14,153 tons of van tires were produced, indicating a 15-percent growth.

Also, 31,659 tons of truck and bus tires were produced, showing a 16-percent rise.

Production of the tires of light agricultural vehicles experienced a growth of 80 percent to stand at 2,826 tons, and that of the heavy ones rose 23 percent to stand at 10,569 tons.

Meanwhile, 3,500 tons of road building and industrial vehicle tires were produced, with a 15-percent growth compared to the first seven months of the past year.

The bicycle tire output stood at 1,157 tons, indicating 102 percent growth, and the motorcycle tires output reached 7,749 tons, showing a 16 percent rise.

In early August, an official with Iran’s Industry, Mining, and Trade Ministry said that increasing the amount of investment making for the production of the tire in the country is a necessity.

Kamran Kargar, the acting head of planning, supplying, and market regulating office of the ministry, said the consumption of tire is noticeable in Iran due to the country’s big transportation fleet.

“Now the ground is properly prepared for the production of light and heavy vehicles tires in the country, and investment making will play a significant role both for the establishment of new production units and for launching development projects”, the official noted.

Having an annual production capacity of 426,000 tons of tire, Iran accounts for 41 percent of tire output in the West Asian region, according to the deputy director of the non-metal industries office of the Iranian Industry, Mining, and Trade Ministry.

Mohsen Safdari has said that 11 tire production units are active in the country creating jobs for 14,500 people.

He said 426,000 tons is the nominal capacity, while the real output is less than this figure as some units are working with 60-70 percent of their capacity.

“Iranian tire industry is dependent on foreign raw materials by 40 percent, so we are self-reliant by 60 percent in this field”, the official announced.

In a bid to nullify the U.S. sanctions, Iran is determined to strengthen its domestic production to achieve self-reliance.

Selecting the motto of “Pickup in Production” for the previous Iranian calendar year (March 2019-March 2020), and the slogan of “Surge in Production” for the current year indicates the Islamic Republic’s determination to achieve this goal.

To this end, the Iranian ministries besides the private sector have been outlining their programs for the surge in production.

MA/MA

Original News : https://www.tehrantimes.com/news/454238/Tire-production-up-25-in-7-months-yr-yr

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