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iran - Economy - Industrial production
The authorities so as the private sector have put in the past 15 years an emphasis on the local production of domestic-consumption oriented goods such as home appliances, cars, agricultural products, pharmaceutical, etc. Nowadays, Iran possesses a good manufacturing industry, despite restrictions imposed by foreign countries. However, all nationalized industries such as the bonyads have often been managed in the worse way, making them ineffective and uncompetitive with years. Today, the government is trying to privatize these industries, such as Damavand Mineral water company or some down stream industries of the National Iranian Oil Company, and despite some successes, there are still several problems to be overcome such as the lagging corruption with the public sector (and therefore, nationalized industries) and lack of competitiveness.
Globally, Iran has leading manufacture industry in the fields of car-manufacture and transportations, construction materials, home appliances, food and agricultural goods, armaments, pharmaceuticals, information technology and petrochemicals.