Indonesia’s Industry Ministry strives to improve productivity, efficiency and product quality in the textile and textile products (TPT) industry by restructuring use of production machinery and equipment. The restructuring program helps the textile industry to be more productive and globally competitive, says Ignatius Warsito, Director General, Chemical, Pharmaceutical and Textile Industries (IKFT). Waristo explained that his party is holding outreach activities to make restructuring program of machinery and production equipment successful in the IKFT sector. The ministry has socialized this program to 100 companies physically and more than 143 companies online, he adds.
The machine and equipment restructuring program also encourages the application of technologies such as artificial intelligence, internet of things, augmented reality/virtual reality, advanced robotics, 3D printing and/or machine to machine communication, as per an Indo Textiles report.
This program is implemented by replacing price discounts of 10 percent of the total investment in machinery and equipment originating from imports, or 25 percent for domestically produced machinery and equipment, he adds, It also facilitates the implementation of the Making Indonesia 4.0 roadmap by offering investment incentives to stimulate the use of machines and/or equipment that are more modern, more efficient, energy efficient and more environmentally friendly, he adds.
The machine and equipment restructuring program will also help Indonesia realize its commitment to mitigate greenhouse gas emissions in accordance with the Paris Agreement and the 26th Conference of the Parties (COP26), adds Waristo.