Textile industry export target worth 30 billion dollars in 2025

By : Herry Barus And Aldi Firhand. A | Monday, September 17 2018 - 21:50 IWST

Textiles Production
Textiles Production

INDUSTRY.co.id - Bandung - Minister of Trade Enggartiasto Lukita supports the achievement of the export increase target set by the textile and textile products (TPT) industry up to 30 billion US dollars by 2025.

"It must be supportive. I will be with my colleagues such as the Minister of Industry, the Minister of Environment and Forestry and the Head of the Investment Coordinating Board to realize that, Enggar said in Bandung, recently.

Enggar conveyed this after attending the Roadmap Socialization and National Textile Dialogue of the Indonesian Textile Association (API) in Bandung.

According to Enggar, although it must meet the domestic market, the national textile industry also needs to take advantage of export opportunities so as to make a large contribution to the economy.

Chairman of the Indonesian Textile Association (API) Ade Sudrajat said the export increase target would be contained in the TPT industry road map being drafted.

Ade is even optimistic that the target can be achieved before entering 2025.

 "We need a bigger market. We hope our 30 billion US dollar roadmap can be achieved by 2025. It must be faster, he said.

According to him, expanding access to export markets can be done through various means, such as accelerating the Indonesia-EU Economic Partnership negotiations or the Indonesia-EU Union Comprehensive Partnership Economic Agreement (Indonesia-EU CEPA).

Ade added that the market share of Indonesian textile products in Europe has only reached 2 percent now, while Europe has a large market. With the signing of Indonesia-EU CEPA, Ade is optimistic that the figure could rise to 5 percent so that the target of increasing exports can be achieved.

News Comment

Today's Industry

Ponemon Institute

Selasa, 16 April 2019 - 11:16 WIB

2019 Ponemon Study on Automation and Cybersecurity Staffing in Asia Pacific, United States and the UK shows an evolving Asia Pacific cybersecurity arena

2019 Ponemon Study on Automation and Cybersecurity Staffing in Asia Pacific, United States and the UK shows an evolving Asia Pacific cybersecurity arena

Hypertherm software

Selasa, 16 April 2019 - 10:57 WIB

Hypertherm Unveils New Home for Cam Software Content

Hypertherm unveils new home for CAM software content HANOVER, N.H. — April 16, 2019 — Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, is unveiling a brand-new…

Etihad Airways airline (Foto Ist)

Kamis, 11 April 2019 - 12:44 WIB

ETIHAD AIRWAYS TO INTRODUCE BOEING 787 ON SERVICES TO KUALA LUMPUR AND BRUSSELS

ETIHAD AIRWAYS TO INTRODUCE BOEING 787 ON SERVICES TO KUALA LUMPUR AND BRUSSELS

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Kamis, 11 April 2019 - 12:34 WIB

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…