This year's Ramadan and Eid al-Fitr have a direct impact on the textile and textile product (TPT) industry. The apparel business is said to have experienced a flood of orders until March 2022. Chairman of the Indonesian Textile Association (API) Jemmy Kartiwa said he was optimistic that the textile industry could grow to 5 percent in 2022. Meanwhile, the textile industry throughout 2021 was still in a decline phase of 3.34 percent. "Based on the data for apparel manufacturers, they have been flooded with orders until March. The strength of this fashionable Muslim segment must be maximized by textile and clothing business actors," said Jemmy, Thursday (1/13/2022).
Jemmy added that there are 96 companies that plan to invest with a total value of US$ 979.5 billion in 2022 to 2023. This figure shows the national textile industry is starting to bounce back with a performance that is no less good before the pandemic.
"Indonesia's domestic market promises that even China will not underestimate Indonesia's purchasing power," he said.
In addition, it will collect data on business actors. According to him, the data is very important for industrial development. This includes supporting government policies that benefit the national textile industry.
"The government's policy has led to a commitment to support the revival of the textile industry. Therefore, we also ask that open business actors provide actual data for decision making," he said.
Based on the data, the growth of the textile industry on a quarterly basis has improved or increased by 4.27 percent quarter to quarter/qtq, compared to the second quarter of 2021 at 0.48 percent.