INDONESIAN TEXTILE EXPORTS RISE AFTER YEARS OF STAGNATION
January 1st, 2018
INDONESIA’S textile and garment exports rebounded strongly in 2017, rising about 5% to USD12.4 billion after four years of stagnation, the head of the country’s textile industry association has revealed.
Factory relocation, political stability and less labour unrest contributed to the growth, said the chairman of the Indonesian Textile Association (API - Asosiasi Pertekstilan Indonesia), Ade Sudrajat.
“This is very encouraging because it’s happening at a time when there’s a downturn in global demand,” Sudrajat said.
The country’s textile exports ...
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