Indonesia's textile industry urgently needs to update its machinery to improve competitiveness
PTPERAGANUSANTARAJAYASAKTI Business Development Director Purwono recently said that 459 textile machinery and textile product manufacturers around the world are paying attention to the Indonesian textile industry. The Indonesian textile industry needs a lot of funds to update outdated textile machinery and improve the competitiveness of the textile industry in domestic and foreign markets. . At present, Indonesia has become a target market for manufacturers of textile machinery and textile products, especially for Chinese companies. Indonesia’s national textile and textile product industry has nearly 75% of the textile machinery that is more than 20 years old, so the productivity of these companies is very low and they need to update their machinery. The world's textile and textile product manufacturers see that there are approximately 1,200 textile and textile product manufacturers in Indonesia, so this year they see Indonesia as a potential business market.