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

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Marcel Alberts
Eurofibers

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sidharth Sinha
Sidharth Sinha

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

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

December 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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