Home / Knowledge / News / Textiles / Indonesia reduces textile export target for 2012
Indonesia reduces textile export target for 2012
06
Feb '12
Indonesia has downwardly revised its current year target for its textiles and garment exports to US$ 13 billion from the earlier US$ 13.7 billion, following its failure to achieve the last year's target.

In 2011, Indonesia exported textiles and garments worth US$ 12.1 billion, as against the target of US$ 13.1 billion.

Last year, Indonesian textile and garment exports grew by nearly 20 percent year-on-year. In comparison, the new target of US$ 13 billion is only 7.5 percent more than the US$ 12.1 billion achieved in 2011.

Meanwhile, there is an increase in local consumption of textile and garment items, and hence the domestic market is likely to increase its share of consumption from the current 40 percent to 50 percent, according to Indonesian Textile Association (API).

Currently, Indonesian textile industry utilizes 70 percent of its production capacity and this can be further improved to 90 percent, if adequate infrastructure is raised and there is no power cut, API added.

Fibre2fashion News Desk - India


Must ReadView All

US commerce department finds dumping of low melt PSF

Textiles | On 20th Jun 2018

US commerce department finds dumping of low melt PSF

The US department of commerce (USDC) has announced affirmative final...

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Interviews View All

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Marcel Alberts
Eurofibers

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

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...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search