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Textile exports hit US$7 billion in first half
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Industry Minister Airlangga Hartarto (second right) visits a garment factory owned by PT Delami Garment Industries in Bandung, West Java, on Sept. 27. (Courtesy of/Industry Ministry’s public relation department)
T
he export value of textiles and their related products reached US$7.12 billion in the first half of 2017, a 2.71 percent increase from the corresponding period last year.
Industry Minister Airlangga Hartarto projects that by the end of this year, the export value of textiles will reach $12.09 billion.
“The increase in exports and domestic demand is indicated by the increase in production activity,” said Airlangga while visiting a garment factory owned by PT Delami Garment Industry in Bandung, West Java, on Tuesday as reported by Antara.
He said his ministry supported the textile industry – one of the country’s strategic sectors -- by facilitating smooth logistics access and strengthening local brands through establishing cooperation with international organizations, including with the World Intellectual Property Organizational (WIPO).
[RA::Ministry eyes $15b exports in 2019::http://www.thejakartapost.com/news/2017/09/18/economy-brief-ministry-eyes-15b-exports-2019.html:He said the textile industry had a great chance to develop because of the large domestic market and the potential for exports.
“Therefore, this industry is set as one of the prioritized sectors in the 2015-2035 National Industry Development Master Plan,” Airlangga added.
The government delineates the textile industry into three groups: First, the businesses that produce fiber. Second, the businesses that spin, knit, weave, dye, print and finish products. Third, the businesses that produce garments and other textile products. (bbn)
