Iran's output of home appliances increased by nearly 8% in the last Iranian year (March 2019-20), the deputy industries minister said. "Plans are to boost production by 34% in the current year for production to hit 11.6 million home appliances," Mohammad Reza Kalami was also quoted as saying by Tasnim News Agency, adding that by March 2022, production will meet the total domestic demand for home appliances. Domestic demand for home appliances was around 13.6 million in the year ending March 2018, but has now reduced to 12 million given the rise in the value of foreign currencies and prices.
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