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APSyFI: The national textile industry is headed for a trade deficit, 2018 exports grow 1% and imports grow 14% (yoy).--IKATSI: The growth of the national textile industry is still hampered by floods of imports, Indonesia needs a clothing security law.


	
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Home arrow Latest News arrow Government Strategy to Increase Textile Industry Production


				
			
			
Government Strategy to Increase Textile Industry Production PDF Print E-mail
Written by Maizer   
Wednesday, 22 May 2019

The government continues to try to increase the production capacity of the textile and textile products (TPT) industry. One of the way is to identify, both for domestic needs as an import and export substitution. The government is ready to provide ease of facilities to these companies.

 

Minister of Industry Airlangga Hartarto stated that the policy was one part of an effort to boost productivity of national textile industry.

 

"The facilities, such as the ease of obtaining faster machinery and capital goods, then guaranteeing access to the availability of raw materials," said Airlangga.

 

Airlangga also again mentioned the implementation of a fiscal incentive scheme in the form of super deductible tax or a reduction of taxes above 100 percent.

 

The facility is given to industries involved in vocational education programs as well as conducting research and development activities (R & D) to produce innovation.

 

'' The proposed scheme is a 200 percent tax reduction for industries involved in vocational training and education. Then, 300 percent for industries that carry out R & D or innovation activities, 'said Airlangga.

 

The national textile industry is considered to need to build production capabilities to be able to meet the demand for functional clothing in the domestic and export markets.

 

Because, with current economic growth, there has been a shift in demand from basic clothing to functional clothing such as sport wear and etc.

 

Because, TPT products from neighboring countries such as Vietnam can enter the American and European markets with zero percent import duty.

 

In contrast, imports of textile products from Indonesia are still subject to gradual import duties, ranging from five percent to 20 percent.

 

'' Because of that, there needs to be a bilateral agreement, '' said Airlangga.

 

Chairman of the Indonesian Textile Association (API), Ade Sudrajat, admitted that local textile industry players still find it difficult to obtain competitive local raw materials.

 

"Imports of fabric and yarn continue to increase because domestic yarn and fabric prices are quite high due to antidumping import duties for raw material for yarn, namely polyester staple fiber from Taiwan, China and India, which reaches 5-28 percent," he

 
		
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