Home / Knowledge / News / Apparel/Garments / Thai garment firms must explore Indonesian market: Report
Thai garment firms must explore Indonesian market: Report
19
Nov '12
Thailand’s apparel companies should focus on overseas markets, mainly Indonesia, to sustain their business, in view of increasing competition in the domestic market, a report by Kasikorn Research has suggested.
 
According to the study, Indonesian economy opens up a good export market for the garment units in Thailand since the country’s economy has grown favorably, increasing the household incomes and purchasing power for apparels, during the past few years.
 
In fact, there has been a steady growth in Thai apparel exports to Indonesia during the past 4-5 years, the report states.
 
The value of foreign direct investment (FDI) in Indonesia’s textile and apparel sector has been continuously increasing and with the integration of ASEAN Economic Community (AEC), the country will draw more FDI, the research stated.
 
Similarity in fashion tastes and strong demand for apparels is the main reason for Thai garment units having good scope in Indonesia. 
 
Kasikorn Research Centre conducts research on the contemporary developments in the global economy, business, money and banking.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search