Minister Of Industry Aims For TPT Industry Exports To Reach US$14 Billion

Minister of Industry Agus Gumiwang Kartasasmita. ANTARA/HO-Public Relations Bureau of the Ministry of Industry.

JAKARTA - Minister of Industry Agus Gumiwang Kartasasmita is optimistic that the Textile and Textile Products (TPT) industry will aggressively expand the export market with an achievement target of US$13-14 billion throughout 2022.

"The performance of the textile industry is also expected to remain high, mainly driven by the rapid growth of sales through e-commerce platforms as well as consumer awareness of the principles of sustainability in the textile production process in line with the commitment to reduce carbon and water consumption in the production process," said the Minister of Industry, quoted by ANTARA, Saturday, August 13th.

From the commodity side, the principle of sustainability is also encouraged by the use of environmentally friendly raw materials and the application of the circular economy principle.

"The existence of Making Indonesia 4.0 will encourage the transformation of the textile industry to be more competitive and innovate so that it can compete and answer global market demands," he added.

In an effort to accelerate the implementation of industry 4.0, the textile industry is expected to be able to utilize several key technologies to win global competition, including artificial intelligence, novel fabrics, Internet of things (IoT), Rapid Data Analysis for Quick Adaptation, mobile commerce, virtual and augmented reality. VR), online vector editors, 3D printing, blockchain and sustainability.

In addition, the Ministry of Industry has initiated a strategic step in the form of a 35% import substitution program in 2022 to encourage increased utilization of existing industries, as well as increase investment in Indonesia, both new and expansion investments.

The Ministry of Industry also carries out a machine/equipment restructuring program in the fabric improvement industry and the fabric printing industry in accordance with the Minister of Industry Regulation Number 18 of 2021.

"This effort has been proven to increase production capacity by 21.75 percent, increase production realization by 21.22 percent, energy efficiency by 11.86 percent, and increase sales volume both domestically and export by 6.65 percent," said Agus.

The Minister of Industry appreciated the holding of the "Indo Intertex & Inatex 2022" exhibition, with the theme "Making Indonesia Textile 4.0". This activity is the right step as a benchmark for the latest technology and accelerates technological improvement in the textile industry in order to encourage increased competitiveness in terms of production.

"The acceleration of the application of technology is intended to run faster, of course it needs to be supported by industry-friendly investment funding from banks and other financial institutions," Agus explained.

Therefore, the Minister of Industry opened the door as wide as possible to jointly build an integrated textile industry ecosystem in Indonesia.

"We believe that with a shared commitment to building this textile ecosystem, the competitiveness of the textile industry will be much better and our shared goal of realizing Indonesia as the world's top five textile players can be realized," he said.

The viscose-rayon fiber producer Asia Pacific Rayon (APR) affirms its commitment to supporting sustainable textile innovation in Indonesia by participating in the international integrated Textile and Textile Products (TPT) Industry Exhibition, Indo Intertex-Inatex 2022.

"APR's participation in this exhibition is a form of our commitment in developing a sustainable textile industry in Indonesia as well as supporting economic recovery in the textile sector, which is the focus of the government after this pandemic," said APR Director Basrie Kamba.