Indonesia'S Textile, Leather, Footwear And Diversified Industries Grew By 6.3%.

Indonesian Ministry of industry

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Mudori, a diversified industry director, said at a press conference in April 14th that textile industry is one of the most important industries in the future. So in 2016, the government set an index that the growth rate of textiles, leather, footwear and diversified industries should reach 6.3%, and contribute 2.43% to GDP.

Mudori said: "the textile industry will continue to be strong, because it belongs to the labor intensive industry, and has become the" social safety net "which supports the public's income. In addition, it has made the greatest contribution in absorbing labor force.

He revealed that the textile industry ranked third in the national export, and absorbed 2 million 790 thousand workers, of which 70% of the products were used to meet the domestic market demand for clothing.

He said that during the 2015, the textile industry had contributed 1.22% to GDP and the export surplus amounted to about US $4 billion 310 million, and the total value of textile exports amounted to US $12 billion 280 million, or accounted for 8.17% of the total export value of the country.

He added that the textile industry's contribution to the state's foreign exchange was also great, and last year's total textile investment amounted to 573 trillion shield, an increase of 16.9% over 2014.

According to records, foreign investment in the textile industry contributed 5.05% and domestic investment contributed 3.07%.