The first quarter of 2017 has witnessed an export increase of about 3 per cent to US $ 2 billion for Indonesian textile industry.
“One of the factors instrumental in improving the performance of the Indonesian textile industry was the US decision to exit the Trans Pacific Partnership (TPP). We can optimistically reach US $ 12 billion more until the end of 2017 although global market scenario today is as better as it was 2 to 3 years ago,” averred Ade Sudrajat, Chairman of Indonesian Textile Association (API).
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According to Ade, the positive performance for this labour-intensive sector is in the export of apparel but it is not encouraging for textile products. He further stated that the textile industry is still faced with many concerns such as the increase of UVR which is changing every year. This is one of the factors that will derail the income projection unless the textile companies make some effort to enhance efficiency and increase their productivity.