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Related Keywords: API, electricity price, Indonesian textile and garment industry, Indonesian Textile Association, investment from foreign investors, labor cost, potential trade agreement, rising challenges

Indonesian textile and garment industry regardless of rising challenges by way of new electricity prices and increase in labor costs expects to receive investment of around Rp 3 trillion (US$230.15 million) this year. According to Indonesian Textile Association (API) chairman Ade Sudrajat, sizeable portion of Rp 1 trillion will derive from a local firm, while the majority will come from foreign investors, particularly from China, South Korea and Taiwan.

Related Keywords: affected local firms, apply for five years, bilateral trade, extended higher levies, file complaint with WTO, impact producers from China and India, Indonesian Textile Association, Indonesian yarn of man made staple fibers, major textile manufacturers, over antidumping measures of Turkey, PT Indorama, PTA, Sirtex, Trade authority of Turkey

Trade authority of Turkey last week extended higher levies on Indonesian yarn of man-made staple fibers, which are to apply for five years following a recent review. The duties, ranging from 25 cents to 40 cents for each kilogram of yarn, have affected more than 20 local firms, including major textile manufacturers PT Indorama and PT Sri Rejeki Isman (Sritex).

Besides Indonesia, the expanded tariffs, particularly at higher levels, are likely to impact other producers, including China and India.

Related Keywords: Asia Nonwoven Fabrics Association, Indonesia Exhibition Companies Association, Indonesian Chamber of Commerce and Industry, Indonesian Textile Association, Textile event, textile exhibition, textile exhibition in Indonesia, textile exhibition in jakarta

The most influential event on textile industries in South East Asia territory, INATEX-INDO INTERTEX-TECHNITEX 2015, is scheduled to take place from 23-25 April 2015 at Jakarta International Expo (JIEXPO) Jakarta – Indonesia. This three binding exhibition, with theme, “The Only Trade Platform to Meet ASEAN Garment Industry”, will set as an exclusive business platform for domestic and international quality supplier of textile and garment industries.

Related Keywords: achieve industry wide growth, allocates fund, in textiles, Indonesian Industry Ministry, Indonesian Textile Association, register for program, revitalization program, revitalize old machinery, Saleh Husin, stimulate investment, top incentive strategies

Indonesian Industry Ministry Saleh Husin has put the revitalization program on top incentive strategies for achieving the industry wide growth target of 300 percent by 2019 for which the Ministry plans to allocate Rp 100 billion (US$7.9 million) from its 2015 budget to finance an annual program to revitalize old machinery in the textiles, leather-working and footwear industries in an effort to develop these fields and stimulate more investments.

Related Keywords: created lucrative market, illegal shipment, Indonesian market, Indonesian Textile Association, poses health risk, prohibit people from buying, Secondhand apparel, threatens local garment manufacturers, Trade Law, Trade Ministry, Widodo

The Indonesian market has been witnessing increase in shipment of illegal secondhand apparel which is not only threatens local garment manufacturers but also poses health risks. Widodo, the Trade Ministry's director general for standards and consumer protection has called on consumers not to buy imported used clothing due to the hazards.

Related Keywords: FTA, global textilex export, Indonesian Textile Association, Indonesian textile industry, international marketplace, stronger trade pacts

Indonesia currently ranks ninth in global textiles exports and with the Indonesian textile industry growing steadily, sector players are looking for stronger trade pacts as well as more investment to maintain a competitive edge in the regional and international marketplace.

The export target for 2014 is part of national plans to become the number one globally in textile exports by overtaking China, which is shifting its economy from textiles to services.