{
    "success": true,
    "data": {
        "id": 1925842,
        "msgid": "industry-minister-textile-industry-still-has-significant-growth-potential-1787032554",
        "date": "2026-08-18 12:21:45",
        "title": "Industry Minister: Textile industry still has significant growth potential",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Industry",
        "summary": "Industry Minister Agus Gumiwang Kartasasmita has stated that Indonesia's textile and textile products industry still has substantial room for growth despite ongoing challenges. The sector employs over 3.8 million workers and recorded exports of US$4.85 billion in the first half of 2026. The government is supporting the industry through investment incentives, restructuring programmes, labour-intensive industry credit, and export financing.",
        "content": "<p>Industry Minister Agus Gumiwang Kartasasmita has said that the\nnational textile and textile products industry still has significant\ngrowth potential amid the various challenges it faces.<\/p>\n<p>\u201cThe textile and garment industry plays a very strategic role because\nit employs more than 3.8 million workers. Although some companies are\nfacing pressure, at the same time there are also new investments and\nbusiness expansions. This shows that the textile and textile products\nsector still has significant growth potential,\u201d the Minister said in a\nstatement confirmed in Jakarta on Tuesday.<\/p>\n<p>He said his ministry will continue to strengthen synergy with\nbusiness players, associations, regional governments, and relevant\nministries and institutions to maximise the growth of the national\ntextile and textile products industry.<\/p>\n<p>\u201cThe government supports textile and textile products industry\nplayers in improving competitiveness and winning global competition. We\nwill realise an Indonesian textile and textile products industry that is\nable to withstand change and grow more productively, innovatively, and\nsustainably,\u201d the Minister concluded.<\/p>\n<p>In addition, in line with the momentum of the 81st Anniversary of the\nIndependence of the Republic of Indonesia, the textile and textile\nproducts industry continues to demonstrate its role in supporting\neconomic development.<\/p>\n<p>The sector is recorded as employing more than 3.8 million workers and\nposting export value of USD 4.85 billion in the first half of 2026.<\/p>\n<p>According to him, this achievement demonstrates the role of the\ntextile and garment sector as one of the important contributors to the\nnational economy.<\/p>\n<p>This optimism is also supported by the Industrial Confidence Index\nfor July 2026, which remains at an expansion level of 53.10.<\/p>\n<p>The Minister said that improvements in textile industry performance\nmust also go hand in hand with transformation of production\nprocesses.<\/p>\n<p>Therefore, to maximise the growth of this sector, his ministry\ncontinues to implement various policies, ranging from investment\nincentives, restructuring programmes, labour-intensive industry credit,\nand export financing from the Indonesia Eximbank.<\/p>\n<p>Furthermore, strengthening trade safeguard policies, accelerating the\nimplementation of Making Indonesia 4.0, and the application of Green\nIndustry Standards.<\/p>\n<p>\u201cThe world today does not only buy the product, but also looks at how\nthe product is produced. It must be remembered that sustainability is no\nlonger a burden, but rather an advantage in global competition,\u201d he\nsaid.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/industry-minister-textile-industry-still-has-significant-growth-potential-1787032554",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}