Home / Knowledge / News / Apparel/Garments / Imported clothing set to rule domestic markets
Imported clothing set to rule domestic markets
20
Nov '09
In Indonesia, textile and clothing imports are on a steady rise since the last few years and more so in the current year, which is leading experts to aver that by the year end, share of imports in the domestic markets could touch 50 percent, up from 35 percent in 2008.

According to experts, domestic market is estimated to touch Rp 70 trillion (about US $7.42 billion) by the end of this year and the pace at which imports of textiles and clothing are growing; its share could cross the market share of domestic producers.

One of reasons put forward by experts is the innumerable licenses given to importers, mostly traders and middlemen, without verifications by the Industry and Trade Ministry, along with which illegal imports are also on the rise, say the experts.

Although official import data reveals that imports in the first quarter reached US $1.05 billion in the first quarter of 2009, from $1.22 billion in the same period a year earlier and $1.23 billion in the last quarter of 2008, industry people say the quantum of imports is higher by a wide margin, thanks to illegal imports.

The textile and apparel sector is also worried due to the low rates of duty levied on goods imported from China, Korea and Japan and the signing of the Free Trade Agreement between ASEAN of which Indonesia is a member with China, could mean more trouble for local manufacturers.

Senior officials from the Ministry of Trade and Industry on their part have given assurances to conduct investigations into the surge in imports of textile and clothing in the recent past.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X