Indonesian TPT industry export touches $7 bn in first half of 2017

YarnsandFibers News Bureau, 2017-09-27 15:00:00 - Bandung

Related Keywords: 90 percent produced domestically, Airlangga Hartarto, exports, facilitate logistical access, improve competitiveness, increase of added value, Indonesian government, meet domestic market, Minister of Industry, national textile and textile industry, productivity, strengthen local branding, textile industry already integrated, TPT

Bandung
Indonesian TPT industry export touches $7 bn in first half of 2017

Indonesian government to improve competitiveness and productivity in the national textile and textile industry (TPT) is working to facilitate logistical access and strengthen local branding. Minister of Industry, Airlangga Hartarto said that currently, their textile industry is already integrated, 90 percent already produced domestically. Therefore, the increase of added value in Indonesia is also important to meet the domestic market, in addition to exports.

In the first half of 2017, the growth rate of the export-oriented labor-intensive sector has increased by 1.92 percent to US $7 billion year on year. In the same period of the previous year, TPT industry’s exports was at minus 0.13 percent.

Airlangga Hartarto during a working visit toDelami Garment Industries, Bandung, West Java, on Tuesday said that in addition, textile exports also rose 2.71 percent to US $ 7.12 billion until July 2017.

The Ministry of Industry projected that by the end of 2017 textile exports will reach USD12.09 billion and by 2019 targeted to touch $15 billion.
Increased exports and domestic markets are starting to stretch this, marked by the increased utilization of production from the domestic industry, he said in a written statement announced Kemenperin.

In addition, the national textile industry needs to make product innovation as advances in manufacturing technology today. According to him, now no longer just meet the needs of clothing and fashion, but has entered for the interests of technical textiles such as geotextile, medical textile, automotive industry, and nonwoven.

Therefore, Airlangga expects Delami Garment Industries and other local textile industry to diversify its products by continuing to follow the development of trenglobal. This is important as future demand leads to higher quality and more specific products.

With the development effort, they can reduce their import dependence and save foreign exchange at the same time.

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Related Keywords: 90 percent produced domestically, Airlangga Hartarto, exports, facilitate logistical access, improve competitiveness, increase of added value, Indonesian government, meet domestic market, Minister of Industry, national textile and textile industry, productivity, strengthen local branding, textile industry already integrated, TPT

Bandung
Indonesian TPT industry export touches $7 bn in first half of 2017

Indonesian government to improve competitiveness and productivity in the national textile and textile industry (TPT) is working to facilitate logistical access and strengthen local branding. Minister of Industry, Airlangga Hartarto said that currently, their textile industry is already integrated, 90 percent already produced domestically. Therefore, the increase of added value in Indonesia is also important to meet the domestic market, in addition to exports.

In the first half of 2017, the growth rate of the export-oriented labor-intensive sector has increased by 1.92 percent to US $7 billion year on year. In the same period of the previous year, TPT industry’s exports was at minus 0.13 percent.

Airlangga Hartarto during a working visit toDelami Garment Industries, Bandung, West Java, on Tuesday said that in addition, textile exports also rose 2.71 percent to US $ 7.12 billion until July 2017.

The Ministry of Industry projected that by the end of 2017 textile exports will reach USD12.09 billion and by 2019 targeted to touch $15 billion.
Increased exports and domestic markets are starting to stretch this, marked by the increased utilization of production from the domestic industry, he said in a written statement announced Kemenperin.

In addition, the national textile industry needs to make product innovation as advances in manufacturing technology today. According to him, now no longer just meet the needs of clothing and fashion, but has entered for the interests of technical textiles such as geotextile, medical textile, automotive industry, and nonwoven.

Therefore, Airlangga expects Delami Garment Industries and other local textile industry to diversify its products by continuing to follow the development of trenglobal. This is important as future demand leads to higher quality and more specific products.

With the development effort, they can reduce their import dependence and save foreign exchange at the same time.

0

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Related Keywords
90 percent produced domestically Airlangga Hartarto exports facilitate logistical access improve competitiveness increase of added value Indonesian government meet domestic market Minister of Industry national textile and textile industry productivity strengthen local branding textile industry already integrated TPT

 
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