Home / Knowledge / News / Textiles / 'We can double textile exports due to EPA'- DG, Ministry of Industry
'We can double textile exports due to EPA'- DG, Ministry of Industry
24
Feb '09
The textile sector of Indonesia can double its export turnover to Japan, thanks to the Indonesia-Japan Economic Partnership Agreement (EPA), so said, Mr Ansari Bukhari, Director General for Textiles, Metal and Machinery in the Ministry of Industry, Indonesia.

Mr Bukhari said this while addressing a seminar on the Indonesia-Japan EPA. He added by saying that textile exports from Indonesia which stood at around US $650 million in 2008, could reach $1-1.5 billion by the end of 2010.

The Chairman of the Indonesia Textile Association, Mr Benny Soetrisno said that with the EPA in place, it will be easier for the Indonesian textile sector to grab a bigger share of the Japanese market, which is now dominated by exports from China.

Mr Benny also hoped that the Japanese government would help the Indonesian Textile industry, to access low cost funds in order to purchase textile and related machinery from Japanese manufacturers. Textile machinery exports from Japan have dropped 25 percent in 2008.

The Minister of Industries, Mr Fahmi said that exports from the sector would definitely decline in 2009, but hoped that the fall would be only in volumes and value should reach at least $8 billion. Exports from the sector moved to $10.8 billion in 2008 from $10.3 billion in 2007.

He also added by saying that, Japan was the third biggest importer from the Indonesian textile industry after US and the EU, and since Japan was a four seasons country, shipments of clothing would not be affected to a great extent, as much as may be in the US and the EU.

He advised the exporters to improve their market research activities in the Japanese markets in order to increase their share and to fulfill the expectations of the Japanese consumers who have high quality and design standards and whose tastes keep changing constantly.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Prime Minister Narendra Modi dedicating the Deendayal Hastkala Sankul to the nation, in Varanasi, Uttar Pradesh on September 22, 2017. Courtesy: PIB

Textiles | On 25th Sep 2017

Handicrafts trade facilitation centre opens in Varanasi

Prime Minister Narendra Modi dedicated the Deendayal Hastkala Sankul, ...

Apparel/Garments | On 25th Sep 2017

AAFA urges US govt to plug lacunae in military procurement

The American Apparel & Footwear Association (AAFA), an alliance of...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marcel Alberts
Eurofibers

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

September 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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

Yes No

Active Poll

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

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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

Yes No

Active Poll

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

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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

Active Poll

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

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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