Home / Knowledge / News / Textiles / Govt assures support to creative industry
Govt assures support to creative industry
25
Mar '10
Mr MS Hidayat, Trade Minister
Mr MS Hidayat, Trade Minister
The Trade Minister of Indonesia, Mr MS Hidayat has promised to provide support to the creative industry in Bali which compromises of handicrafts, fashion and garments.

He said the creative industry of Bali has played an important role in providing support to both, the provincial and national economy and that the sector has a whole, contributed by earning Rp 115 trillion from exports in 2009.

Speaking at a meeting, he gave the assurance that the government will map the industry's potentials in order to ensure better penetration in both, domestic and international markets.

He also observed that the banking sector was not supporting this sector in accessing capital and that he would try to change the mindset of seeking collaterals, which the sector did not have.

There are around 127,000 small-scale enterprises, which generate employment for more than 300,000 people in the creative sector, again of which nearly 70 percent of these are mainly involved in the handicraft and fashion trade.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mark Paterson
Technical Absorbents Ltd

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao
Nayaab

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

news category


Related Categories:
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



X