Related Keywords: Importing textile products from China, Indonesian Textile Association, Indonesian textile industry, more profitable, pressured in second half of the year, sales and exports remain sluggish, textile products
Indonesian textile industry would still be pressured in the second half of the year and predicted that sales and exports of textile products would remain sluggish, according to Ade Sudrajat, head of Indonesian Textile Association (API).
The domestic textile and related products market has been projected to generate Rp 60 trillion ($4.3 billion) in the second half of the year as local products hold only 20 percent of market share and the industry feels the effects of a dragging economy, an association chief said.
