The Indonesian Ministry of Industry reported that the textile and apparel industry experienced a growth of 2.64 percent year on year in the first quarter of 2024, after facing huge stress in the previous year. Textile and garment exports also grew marginally by 0.19 percent from a year ago
The Indonesian textile industry has shown encouraging growth in April 2024, overcoming the challenges like unprecedented hike in imported textiles and a decline in domestic demand some time ago. This was conveyed in the latest release of the Industrial Confidence Index (IKI) by the Ministry of Industry. Spokesperson for the Ministry of Industry, Febri Hendri […]