Indonesia Automotive Industry Grows Rapidly
By : Ahmad Fadli And Aldi Firhand. A | Thursday, April 19 2018 - 21:14 IWST

President Jokowi with Menperin opened IIMS 2018 (dok Industry.co.id)
INDUSTRY.co.id - Jakarta - Minister of Industry Airlangga Hartarto said that Indonesia's automotive industry is growing rapidly with a very significant contribution to the national economy.
"This can be seen from the production figures of four-wheeled vehicles which increased to 1.216 million units in 2017 from 1.177 million units in 2016," Airlangga said in Jakarta on Thursday (19/4/2018)
Minister of Industry conveyed that when giving speech at the opening of Indonesia International Motor Show (IIMS) 2018 at Jakarta International Expo, Kemayoran, Jakarta.
According to Airlangga, the rapid growth of the automotive industry is also reinforced by an increase in exports of 231,000 units of unified vehicle units (CBU) in 2017 from 194,000 units in 2016.
He said exports of automotive parts increased 13 times to 81 million components in 2017 from 6.2 million components in 2016.
"The sector also provides employment opportunities to more than 1.5 million people, distributed in various jobs ranging from the assembly industry, first, second and third tier components, to the workforce at the official workshop level," Airlangga said.
Through effective government regulation, he added, the addition of new investment and expansion, and adoption of the latest technology, is expected to create a conducive business climate.
"It can create a production target of 1.5 million units by 2020," he concluded.
Read Also
Cipta Perdana Lancar Ready to Expand and Diversify for Sustainable…
Electric Cars are Indonesian Automotive Industry’s Future, President…
Minister of Industry Agus Optimistic 2024 Indonesia's Manufacturing…
Manufacturing Still Accounts for Lion’s Share of Exports: Industry…
DRMA Again Records Increase in Net Profit Up to Double Compared to…
Today's Industry

Jumat, 02 Mei 2025 - 10:46 WIB
Binawan and Government Support Indonesian Nurses in Europe through Scholarships
In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

Jumat, 28 Maret 2025 - 22:21 WIB
SUNeVision Initiates MEGA IDC Phase Two Development
SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

Jumat, 28 Maret 2025 - 22:07 WIB
TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary
PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Jumat, 28 Maret 2025 - 22:00 WIB
Wireless Logic Selected By Thales As IoT Connectivity Partner
Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Jumat, 28 Maret 2025 - 21:53 WIB
Microvista Expands International Presence with Mobile CT System ScanExpress
The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…
News Comment