Minister of Industry: Cosmetic Industry Can't Be Monopolized

INDUSTRY.co.id - Jakarta, the Government through the Ministry of Industry (Kemenperin) continues to support and encourage the cosmetics industry to be more competitive in the global arena.

Minister of Industry Airlangga Hartarto said the cosmetics industry is one of the drivers of Indonesia's economic progress.

"We see the need for cosmetics sales quite good (years) yesterday 516 million and this is bigger than last year and this industry so many players are not monopolized by various companies," said Airlangga in Jakarta (17/3/2018).

According to data owned by Ministry of Industry, hundreds of companies have joined in the industry in the field of beauty.

"More than 760 (companies) are engaged in cosmetics so it's a lot of players and it's very good for Indonesia," Airlangga continued.

Furthermore, Airlangga added that it will ask the Director General of Small and Medium Industry) to give the company the ability to market their products.

"This industry is inseparable from innovation and it is inseparable from small, medium and large industries, one key is supply change and domestic market," said Airlangga.