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
The Indonesian Minister of Industry Agus Gumiwang stated that the textile industry in Indonesia is not experiencing a decline as previously reported. “Even though there are reports of plans of massive layoffs, the textile industry and related sectors are currently experiencing increased activity,” he said while addressing reporters. “I am in receipt of a report […]
The trend of layoffs is continuing in the Indonesian textile and garment sector which started since the beginning of this year. According to the Confederation of Indonesian Workers’ Unions (KSPN) more than 7,000 workers have been laid off since the beginning of 2023 in both the textile and apparel industries. KSPN President Ristadi pointed out […]