Iranian Knowledge-Based Companies to Participate in India’s IETF 2025
11:00 - January 05, 2025

Iranian Knowledge-Based Companies to Participate in India’s IETF 2025

TEHRAN (ANA)- Several Iranian knowledge-based firms are due to participate in the International Engineering & Technology Fair (IETF) in India.
News ID : 7899

The 26th edition of IETF 2025 is planned to be held in New Delhi on February 18-22.

It will display innovations through focused shows in industry sectors – Artificial Intelligence (AI), Capital Machinery, Digital Gaming, Fluid Power, Industrial Automation, Robotics and Electronics, Modern Logistics Solutions, Metal and Metallurgy, Water and Waste Management, Net Zero Products & Solutions and Consumer Durables and Electronics, and Plant Equipment, Component, Factory and Plant.

The Islamic Republic of Iran Customs Administration (IRICA) had announced in September that the country’s knowledge-based companies exported over 3.6 million tons of products, valued at $2.506 billion, in the past Persian calendar year.

In this period, the knowledge-based companies accounted for 2.6 and 5 percent of the country’s total exports in weight and value respectively.

Advanced materials and products based on chemical technologies accounted for about 80 percent of the export value of these companies.

China was Iran's first buyer of knowledge-based products in this period.

The report added that some 1.158 million tons of goods, valued at $5.141 billion were also imported by knowledge-based companies into the country from March 21, 2023, to March 19, 2024.

About 85 percent of the goods imported by the knowledge-based companies came from China, the United Arab Emirates (UAE), Turkey, Germany, and India.

The domestic knowledge-based companies exported their products to China, Iraq, the UAE, Turkey, and Russia in this period, IRICA said.

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