The Number of Indonesian Textile Companies is Decreasing

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Adi Ahdiat 02/07/2024 14:16 WIB

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According to data from the Central Bureau of Statistics, the number of textile companies in Indonesia fluctuated with a downward trend during the 2018-2022 period.

Number of Medium and Large-Scale Indonesian Textile Companies (2018-2022)

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Number of Medium and Large-Scale Indonesian Textile Companies (2018-2022)

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According to data from the Central Statistics Agency (BPS), there were 2,027 textile companies in Indonesia in 2022.

This figure comprises 1,320 medium-scale and 707 large-scale textile companies.

In recent years, the number of textile companies in Indonesia has fluctuated, with a downward trend.

In 2022, the number of medium-scale textile companies had decreased by 300 units, or 18%, compared to 2018.

Over the same period, the number of large-scale textile companies decreased by 147 units, or 17%.

Based on the BPS definition, a medium-scale industry is a company that meets one of the following criteria:

* Number of employees less than 99;
* Accumulated investment/fixed capital value since the establishment of the factory until December 31, 2022, is more than Rp5 billion and less than Rp10 billion; or
* Company turnover in 2022 is more than Rp10 billion and less than Rp50 billion.

Meanwhile, a large-scale industry is a company that meets one of the following criteria:

* Number of employees more than 99;
* Accumulated investment/fixed capital value since the establishment of the factory until December 31, 2022, is more than Rp10 billion; or
* Company turnover in 2022 is more than Rp50 billion.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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