The struggling Indonesian textile and garment industry hopes to revive its fortunes, due to high demand for garments, banners, hats, and other textiles used in election campaigns, with national elections scheduled in February 2024.
“Elections could be momentum for the revival of the local textile industry in the country,” Acting Director General of Chemical, Pharmaceutical and Textile Industries (IKFT), Ignatius Warsito said.
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“Since elections will take place in 2024, it will be an opportunity for the textile and garment industry, due to high demand from election campaigns,” Warsito said while speaking with a forum of journalists.
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He added that the sector is highly dependent on exports and they are sluggish because of the economic situation in the main export markets of the US and EU, which has slowed down exports.
Director of the Textile, Leather, and Footwear Industry of the Ministry of Industry, Adie Rochmanto Pandiangan, added that domestic industry must take advantage of the elections.
“Elections in February and purchases of textiles and clothing being normally high in May and June and with schools scheduled to open in same months and with also Eid taking place, the demand will surge,” he said.
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