Home / Knowledge / News / Apparel/Garments / Indonesian retailers unhappy over new import policy
Indonesian retailers unhappy over new import policy
11
May '12
Large Indonesian retailers are unhappy with the new regulations that came into effect from May 1 this year.

The new regulations issued by the Ministry of Trade are aimed at achieving greater supervision of imports, attracting more investments and fastening industrial development in the country.

The new policy restricts a general importer, which includes retailers, to import finished products from the same category, for example textiles and textile products.

Previously, general importers were allowed to import a range of finished products from various categories such as textiles, footwear, etc.

Large-format retail stores do not restrict their imports to one single category as they often sell several categories of items at one place. These retailers have now urged the Government to revise the rule on the import of finished products as it will greatly hurt their business.

The new import regulation has created problems for some retailers, especially global retail chains, said Tutum Rahanta, Executive Director of Indonesian Retailers Association (Aprindo).

Mr. Rahanta said the retailers should not be treated like general importers as they import different kinds of items for their stores. He explained that it would not be feasible to create a separate company for each of the different kinds of products to be imported.

He requested the Government to exempt retailers from the new import rule. He said the retailers should be allowed to import various categories of products that belong to the same brand.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search