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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 Flooded Import of Textile Industry


				
			
			
Flooded Import of Textile Industry PDF Print E-mail
Written by Maizer   
Friday, 27 September 2019

Minister of Industry (Menperin) Airlangga Hartarto revealed the pressure of the textile industry and the textile industry (TPT) in his welcoming address at the Hilir Migas Expo, JCC Senayan, Jakarta.

 

The TPT industry, especially the middle part, is faced with a rush of cheap imported fabrics which has caused a sharp decline in domestic demand from this sector. Upstream TPT industry produces polyester, middle is dyeing and printing, then downstream produces garment.

 

The government, he said, would provide some compensation to encourage the passion of the domestic textile industry, one of which was harmonization in the upstream and downstream sectors.

 

"Fiscal tariffs in the upstream are lower than in the middle (or downstream). "In the middle sector, we are experiencing constraints with a flood of imports, this is what we need to harmonize," Airlangga said.

 

In addition, he acknowledged that business operators also wanted competitive gas prices. BPH Migas has a role in increasing national industry growth.

 

"We hope that oil and gas downstream will also encourage the development of industry," Airlangga said.

 

Regarding harmonization, Airlangga said some time ago it would encourage safeguards. The Indonesian Textile Association (API) has also submitted safeguards from imported products to the Indonesian Trade Security Committee (KPPI) of the Ministry of Trade. Last week, the KPPI began its investigation.

 

 
		
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