Home / Knowledge / News / Textiles / Indonesian textile industry may see modest growth in 2013
Indonesian textile industry may see modest growth in 2013
18
Mar '13
The textile industry of Indonesia could witness modest growth in 2013 due to several domestic challenges faced by the textile manufacturers including increasing cost of electricity and minimum wage of workers, coupled with the ongoing economic crisis in the developed countries, such as the EU and the US. 
 
Speaking to fibre2fashion, secretary general of Asosiasi Pertekstilan Indonesia (API or Indonesian Textile Association), Mr. Asep Setiaharja said, “We still predict that textile industry in Indonesia is in growing phase. However, since the crisis in developed countries, such as the US and the EU, has not yet fully recovered, our textile export activities will only rise not more than 5 percent compared to last year.
 
According to him, the increasing wage of workers and electricity cost affect the manufacturing cost of textile products. “Some Asean countries are newly industrialized with garment industry as their starting point and as Indonesia has entire textile industry value chain, which not only produces garments but also textiles, we hope we will be able to export our textiles to garment manufacturing countries,” he opines.
 
When asked about the trade relation with India, he informs, “In textile business, Indonesia and India are more in competition and hence we have not benefited much from the Asean-India Free Trade Agreement (FTA) that came into force from January 1, 2010.”
 
“Our garment brands are not well-recognized in India and it shall be our endeavour to promote our own brands for better recognition in the Indian market,” he adds.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 29th Apr 2016

India’s apparel sector has huge job creation potential

Export-oriented apparel production in India and other South Asian...

Apparel/Garments | On 29th Apr 2016

Raymond’s net sales up 5% in FY16 to Rs 5,595 cr

Renowned Indian textile, apparel and fashion brand, Raymond reported...

Apparel/Garments | On 29th Apr 2016

eBay and Innotrac merge to become Radial

eBay Enterprise and Innotrac have joined forces to become Radial, the ...

Interviews View All

Peter Manns
Coats Southern Africa

How is the market for sewing threads faring in South Africa and how will...

DK Nair
Confederation of Indian Textile Industry (CITI)

How do you see the ongoing changes and developments in the textile and...

Dharmendra Shah
Ozone PB Spintex Limited

How has the Indian spinning industry fared in the last two years? What...

Mr. Johan Berlin
Investkonsult Sweden AB

Mr. Johan Berlin is the majority shareholder and Managing Director of...

Mr. Utkarsha Parikh
Skaps Industries India Pvt Ltd

Mr. Utkarsha N. Parikh is a 41 year old businessman who started his own...

Avi Bash

Avi Bash is an Independent Nonwovens Sales & Marketing Consultant with...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

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

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 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


feedback
We would love to hear from you about your experience using the new interface. A quick review of yours would help us give you a better experience.
Advanced Search