Indonesia's textile and apparel exports increased by 25%

Business Club May 24th According to the latest statistics of the Indonesian Textile Association, Indonesian textile and apparel industry has seen encouraging recovery in recent years, and exports have also steadily increased. In the first quarter of this year, textiles and apparel exports earned 2.5 billion U.S. dollars, a year-on-year increase of 25%. The textile and apparel industry is the largest traditional Indonesian industry, and its output value, export earnings, and employment scale have always ranked among the top industries. In order to revitalize the textile and clothing industry, the Indonesian government has increased its support for the textile and clothing industry in recent years. Besides encouraging banks to provide low-interest or preferential policies to help companies update their equipment, introduce advanced technologies and modern management, they are also exporting. Provide ongoing support for tax rebates, raw materials, and labor protection.