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Exports in Indonesia's textile sector $7 bn in H1 2017
29
Sep '17
Indonesia’s textile and textile products (TPT) industry continues to show positive performance, both in domestic and export markets. In the first half of 2017, the sector’s growth rate increased by 1.92 per cent to $7 billion year on year. The industry ministry estimates that textile exports will reach $12.09 billion by 2017 end and $15 billion by 2019.

"Increased exports and domestic markets are starting to stretch this, marked by the increased utilization of production from the domestic industry," an Indonesian English-language daily quoted Industry minister Airlangga Hartarto as saying.

The government is working to facilitate logistics and strengthen local branding to improve competitiveness and productivity in this sector, he added. (DS)

Fibre2Fashion News Desk – India


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