SWOT Analysis - Indonesia 1 Introduction Textile plays a key affair in driving the economy Globally, the bucolic accounts for 13% of viscose fix fiber production 4% of polyester staple fibers 4% of polyester filament yarn 2% of polyamide and 0.03% of cotton Textile application employs 1.8 million workers. In 2007, range and textile exports reached $10.
3 billion, making Indonesia 12th largest textile exporter eighth largest habilitate exporter globally 2 Strengths A primary attitude - vertically integrated cut back and textile industry Has a large national gro cery store; helps in offsetting any export slump Is politically stable and is bankrupting policies to string foreign investment likewise has a large childbed supply Abundance of natural resources Indonesias banking sector stiff healthy There have been no regime bailouts consultation is abundant There have been no widespread business concern sector closings 3 Weaknesses Aging machinery that limits production and saps energy wage increase energy costs Relatively higher(prenominal) interest rates than umteen of its neighbors Lack of supportive infrastructure Absolute dependence on imported cotton for both its export and domestic needfully 4 Opportunities ASEAN continues to develop as a textile and get dressed manufacturing hub, so opportunities for global and regional exports should improve Initiatives such as a modernization scheme shows the politics is beginning to bear more attention to the sector Has been able to weig h benefit of opportunities when they appea! r In 2005 and 2006 when the US and EU imposed guard duty quotas on several textile and clothing products from China, Indonesia used the perform to subjoin its exports to both regions The countrys massive domestic market offers an obvious opportunity 5 Threats Rampant import in the region Lower-priced products from China poses serious competition The aftermath of...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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