SRIL and PBRX Issue Global Bond
Textile Stakeholders Request Strengthening Industrial Integration
Parliament Asks to Control Illegal Importation of Textiles
IKATSI Reveals Details of Import Violations
MOI Optimizes Sustainable Resources For Industrial Production
Britain Will Ban Imports From China
RPP on Industry and Trade is Less Favorable to Local
Textile Industry Optimistic Could Recover This Year
Trade Surplus, Textiles Industry Still in the Red Zone
APR Encourages Supply Chains as the Focus of the Road Map
Pakistan's Exports to Indonesia Supported by Textile Products
ARGO Optimistic Will Improve Performance in 2021
APSyFI : PLB Threatens to Eliminate US $ 8.3 Million Yarn Exports
Stake Holder : Textile Industry Needs Fundamental Changes
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The Minister of Cooperatives and SMEs Teten Masduki firmly refused to buy and sell imported used clothes or commonly known as thrifting. This rejection step is a way to protect the textile industry, MSME players. "We want to protect our MSME products, especially in the textile and shoe textile product sectors," explained Teten Masduki, Monday (13/3/2023). According to him, currently textile and shoe products produced by national MSME actors are already scattered which are able to compete. The import of used and illegal textile products is not in line with the Government's efforts to encourage consumption of local products through the Proud Made in Indonesia National Movement.
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President Director (Director) of PT Sri Rejeki Isman Tbk (Sritex), Iwan Setiawan Lukminto, said that textiles are not a sunset industry. According to him, the textile industry remains the highest need and has been ingrained in Indonesia. Iwan conveyed this to the President Director of Solopos Media Group, Arif Budisusilo, in the Beyond the Limits program which aired on the Espos Indonesia YouTube channel, Saturday (11/3/2023) Iwan then explained how textiles had become an important part of society. Starting from making clothing for fashion needs, clothing for professionals working in mining and others, to becoming personal protective equipment (PPE) for health workers during the Covid-19 pandemic.
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The Indonesian Textile Association (API) stated that as much as 70% of the sales of the textile industry in Indonesia rely on the domestic market. The rest is the export market with a contribution of around 30%. This was stated by the Chairperson of the Indonesian Textile Association, Jemmy Kartiwa Sastraatmadja on Monday (13/3/2023) through a virtual interview. "The domestic market is the main focus of the national TPT (Textile and Textile Products) industry," said Jemmy. According to him, the Indonesian textile market is also eyed by foreign textile producers. This is supported by the promising Indonesian clothing market with high purchasing power.
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