Negative sentiment on the part of both lenders and investors is likely to linger in the medium term for Indonesian textile names such as PT Sri Rejeki Isman Tbk (Sritex) and.
Indonesia Textiles Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)
The Indonesian textiles Industry is expected to record a CAGR of greater than 5%, during the forecast period. Accelerating exports growth is a major driving factor for the market. - High dependency on imported raw material is likely to act as a restraint for the market.
May 12, 2021 12:42 ET | Source: ReportLinker ReportLinker Lyon, FRANCE
New York, May 12, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Indonesia Textiles Industry - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026) - https://www.reportlinker.com/p06067783/?utm source=GNW
- Textile and Textile Product Industry (TPT) was encouraged by the government to innovate to meet the needs of fashion industry, and is expected to be able to capture business opportunities.