Indonesia aims to achieve textile and garment exports worth $13-14 billion this year, according to the country’s Industry Minister AgusGumiwang Kartasasmita.
The existence of Making Indonesia 4.0 will encourage the transformation of the textile industry to make it more competitive and innovate in an effort to compete and answer global market demands.
To accelerate the implementation of the Fourth Industry Revolution, the textile industry will utilize several key technologies to beat the global competition, including artificial intelligence, novel fabrics, Internet of Things (IoT), rapid data analysis for quick adaptation, mobile commerce, virtual and augmented reality (VR), online vector editors, 3D printing, blockchain technology, and sustainable practices.
The Industry Ministry has initiated a strategic step in the form of a 35% import substitution program in 2022 to encourage the increased utilisation of existing industries, as well as boost investment in Indonesia. It is also carrying out a machine and equipment restructuring programme in the fabric refinement and fabric printing industries.
According to Kartasasmita, this effort has been proven to increase production capacity, production realization and energy efficiency by 21.75 per cent, 21.22 per cent and 11.86 per cent respectively, as well as raise sales volume, both domestically and via export, by 6.65 per cent.