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Agrinas Boss Has Paid IDR 7.3 Trillion Down Payment for Importing 105,000 Pick-up Trucks from India

| Source: CNBC Translated from Indonesian | Economy
Agrinas Boss Has Paid IDR 7.3 Trillion Down Payment for Importing 105,000 Pick-up Trucks from India
Image: CNBC

Agrinas Boss Has Paid IDR 7.3 Trillion Down Payment for Importing 105,000 Pick-up Trucks from India

Jakarta, CNBC Indonesia - PT Agrinas Pangan Nusantara (Persero) has revealed that it has paid a down payment of 30% for the procurement of 105,000 operational vehicles from India, which will be used in the Red and White Village/Urban Cooperative (Kopdes Merah Putih) program. The value of the down payment reaches approximately IDR 7.39 trillion, out of a total procurement contract of IDR 24.66 trillion.

The President Director of PT Agrinas Pangan Nusantara, Joao Angelo De Sousa Mota, said that the down payment had been made to the vehicle manufacturer in India because the procurement was carried out through a special ordering scheme.

“Yes, 1,000 units have arrived in Tanjung Priok. We had to provide a 30% down payment, and we have done so for all the products we purchased,” he said in a statement to the media, quoted on Thursday (26/2/2026).

The vehicle procurement consists of 35,000 units of 4x4 pick-up trucks from Mahindra & Mahindra, 35,000 additional units of 4x4 pick-up trucks, and 35,000 units of six-wheeled trucks produced by Tata Motors. All of these vehicles are planned to be a logistics fleet to support the operational network of village cooperatives in various regions of Indonesia.

According to Joao, negotiations with vehicle manufacturers in India took quite a long time before the company finally agreed to adjust production capacity to Agrinas’ needs. He explained that the initial production capacity of the manufacturer was limited, so discussions and lobbying were needed to ensure that the order volume could be met.

The import process for these vehicles has begun to attract attention after the Deputy Speaker of the Indonesian House of Representatives, Sufmi Dasco Ahmad, asked for the plan to be postponed in order to protect the domestic automotive industry. The DPR even encouraged that decisions regarding the import should await direction from the President.

Amid the ongoing polemic, Joao stated that his company did not consider the possibility of cancellation penalties in the procurement process because from the beginning, the process was carried out in good faith and based on price efficiency considerations.

“We are carrying out this procurement because we are doing so in good faith, and we never thought about cancellation penalties,” he said.

Joao also believes that the price of the vehicles obtained through the import contract is much more competitive compared to the price of similar vehicles available domestically. According to him, if there are differences of opinion regarding this policy, it can still be resolved through a more comprehensive explanation to stakeholders.

Despite this, Agrinas stated that it is ready to comply with the decisions of the government and the DPR if the import of the vehicles is ultimately asked to be stopped. He stated that he is ready to bear the business risks, including the possibility of lawsuits from suppliers.

“I will be loyal, and I will obey whatever the state decides, if it is indeed for the benefit of the people without any doubt. If I have to be sued or have problems with the supplier, that is my responsibility,” said Joao.

(fys/wur)

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