Prospect of Textile Industry and Textile Products, This is the Plan of the Ministry of Industry: http://industri.bisnis.com/read/20170916/257/690534/prospek-industri-tekstil-dan-produk-tekstil-ini-rencana-kemenperin/16 September 2017 The Ministry of Industry stated that textile industry and textile products (TPT) have great potential to grow and develop in the future. Therefore, based on the National Industrial Development Master Plan (RIPIN) in 2015-2035, the sector is prioritized in its development in order to be able to contribute significantly to the national economic growth.
Currently, the TPT industry operating in Indonesia has been integrated with the classification in three areas. First, the upstream sector is dominated to produce fiber products. Second, the intermediate sector, namely companies whose production processes include spinning, knitting, weaving, dyeing, printing and finishing. Third, the downstream sector in the form of garment factories and other textile products. So the Ministry of Industry estimates that textile industry exports will grow an average of 11% per year. And in 2018 set at US $ 13.5 billion of the target in 2017 of US $ 12.09 billion.
Lippo Group Assesses Garment Industry still Existed although Economy Weakens: https://www.jengpatrol.com/bisnis/lippo-group-nilai-industri-garmen-eksis-meski-ekonomi-melemah/24 August 2016 CEO of Lippo Group Mochtar Riady in the Indonesia Brand Forum (IBF) in 2016, said the garment industry in Indonesia has become Indonesian society needs. He is optimistic that the garment can still grow in Indonesia although the Indonesian economy is weakening.
According to him, although the purchasing power weakened, but they still take advantage of utilize clothing produced by the garment industry. The industry as a business that uses the principle of sunrise industry, not a sunset industry which will then be dimmed. However, Mochtar explained, the growing garment industry, then the future of this industry will also rely heavily on the entrepreneurs to see the needs of society.
HS No. 6201.19.00.20
1 July 2019
Trade Data 2018
Definition
Men's or boys' overcoats, car-coats, capes, cloaks, anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles, other than those of heading 62.03. Overcoats, raincoats, car-coats, capes, cloaks and similar articles : Of other textile materials : Of ramie.