Without meaningful government relief and investment, the fast-fading export industry that normally employs 2.5 million people and provides livelihoods in associated businesses to as many as 10 million will soon be decisively overtaken by rival nations’ wares in regional and global markets, experts and analysts warn.
Local media reports suggest as many as one million Iranians involved in the rug industry have already lost their jobs.
Local markets are also drying up due to hyperinflation and depressed economic conditions.
“Considering the high inflation in the recent years, purchasing power has been slashed significantly. Also, the costs of manufacturing have soared inevitably,” said Dariush Akradi, co-founder of the Cpersia online carpet shopping platform.
Interview language: English
more: https://asiatimes.com/2021/03/rug-pulled-from-under-irans-carpet-industry/
