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Indonesian govt invites Mitsubishi to invest in textile industry

Related Keywords: boost competitiveness, forest pulp, garment sector, giant company has potential, Indonesian manufacturers, Industry Minister Airlangga Hartarto, invited company to pour more money, meeting with Japan based Mitsubishi, new basic material for textile, partnerships with local industries, productivity, rayon fiber, revitalizing textile industry

During Industry Minister Airlangga Hartarto meeting with Japan based Mitsubishi Corporation’s executives in Tokyo on Wednesday, invited the company to pour in more money in the garment sector and seek more partnerships with local industries as the giant company has the potential to boost competitiveness and productivity among Indonesia’s manufacturers as the country was revitalizing its textile industry by boosting the production capacity of rayon fiber.

Rayon has become the new basic material for textiles and Indonesia will produce rayon fiber from forest pulp in large quantities.

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