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

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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