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Indonesian textile industry grows 3.65 per cent in Q2

Indonesia’s textile sector reached 3.65 per cent in Q2 of 2017. This figure is significantly higher than the previous quarter which was only 0.16 per cent. Chairman of the Indonesian Textile Association Ade Sudrajat said growth is due to several factors. First, many factories have relocated to Central Java and this has helped increase productivity. "So production can grow better, investment in this year is also quite big growth upstream."

Further, the increase in textile factory investment realisation contributed to the growth of the textile industry. "Investment growth is quite large, especially those who play in the upstream sector," he revealed.

The government needs to support the sales performance of domestic manufacturers by halting the rate of imports to enhance domestic productivity. "If the government consistently curb imported textile goods from China, we are optimistic that domestic production will increase and textile growth performance could be better," he concluded.

 
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