Jakarta (ANTARA News) - PT Astra International said the automotive industry would remain its backbone while implementing a plan to expand into three other sectors.<\/p>\n
\"We will not leave the automotive industry as it is our backbone,\" the company`s president director, Prijono Sugiarto, said here on Saturday.<\/p>\n
Astra plans to expand its operations by also engaging in heavy-duty mining equipment, agribusiness and infrastructure development.<\/p>\n
Prijono said its automotive industry accounted for 55 percent of Astra`s overall income.<\/p>\n
However, Astra also wished to operate in other sectors such as heavy-duty mining equipment industry, agribusiness and infrastrucutre development.<\/p>\n
\"We already built the Tangerang-Merak, Kinciran-Serpong toll roads and a drinking water project in cooperation with Paljaya,\" he said.<\/p>\n
He said he hoped other sectors besides automotive that the company would focus would be able to grow.<\/p>\n
Astra has so far held the biggest market share of cars in the ASEAN region and of motorcycles in the country.<\/p>\n
He said this year was the right time for Astra to grow despite a little decline in sales recently due to less working days caused by holidays.<\/p>\n
\"We believe the target will not be disappointing for October-December as demand for motor vehicles, heavy equipment and CPO is increasing,\" he said.<\/p>\n
He said total demand for cars in the country reached 700,000 to 740,000 units and Astra`s market share in the segment reached 40 percent.<\/p>\n
Demand for motorcycles meanwhile reaches 7.2 million with Astra controlling 47 percent of the market, heavy equipment 12,000 units with Astra taking 46 percent of the market.<\/p>\n
\"Palmoil production is expected to be the same as last year recording at 1,080,000 tons this year,\" he said.(*)<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/astra-to-expand-into-three-other-sectors-1287889831", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }