#Manufacturing
PepsiCo returns to Indonesia with a multi million investment in a snack factory
PT PepsiCo Indonesia Food and Beverages (PepsiCo) returns to Indonesia and builds an IDR 3.04 trillion snack factory in Cikarang, West Java.
Mitsubishi boosts Indonesia's automotive industry with multi-trillion investment paving the way for electric vehicle development
Mitsubishi Motor Corporation (MMC) will increase its investment in Indonesia by IDR 5.7 trillion to increase production capacity in 2024.
Four Chinese investors to begin construction in North Kalimantan Industrial Zone
Bahlil Lahadalia, Minister of Investment said that Chinese investors will start groundbreaking construction in North Kalimantan industrial area for 3 different industries.
Indonesia's electronic industry thrives despite their lack of local development and dependency on imports
The Indonesian government has made electronic devices one of the six manufacturing priorities in the rapidly growing industrial sector.
Indonesian coal sector saw shortage in heavy mining tires hampering its production
The coal mining sector in Indonesia is experiencing a shortage of tires for heavy equipment. It is projected that the supply of heavy machinery tires in Indonesia will only be able to supply for the next 2 months. Currently, there are no factories in Indonesia that can produce off-road radial tires.
Indonesia's automotive market attracts global attention as car manufacturers set sights on the country's untapped potential
Global manufacturers starting raise interest in entering the Indonesian market because of its attraction in the eyes of investors and untapped potential.
Foreign investment surges in Indonesia's food and beverage industry seeing 30% boost in growth and attracting global investors
A number of countries are starting show interest in investing in the Indonesian food and beverage industry. Foreign investment in this industry increased by 30% to IDR 90 trillion in 2022.
Rekind establishes a factory to convert palm oil waste into high-value compounds, pioneering eco-friendly solutions
PT Rekayasa Industri (Rekind) is designing a factory location in Bogor, West Java, to be the first company to convert palm oil waste into high-value compounds and bioethanol derivatives through a fractionation process.
Hyundai Motor Manufacturing continues factory development to support the increasing EV production and export demands
Hyundai Motor Asia Pacific through its subsidiary PT Hyundai Motor Manufacturing Indonesia (HMMI) will continue to build 2 factories in Indonesia to increase production and export to overseas markets.
Forty percent mandatory domestic component ratio for incentives is too low, analyst says
The government's requirement of 40 percent mandatory domestic component ratio (Tingkat Komponen Dalam Negeri - TKDN) for electric vehicle manufacturers to receive incentive is considered to be too low.
Indonesia's Industrial Confidence Index reached highest point in June 2023 as manufacturing industry expands and businesses show more optimism
The Ministry of Industry recorded that the Industrial Confidence Index (Indeks Kepercayaan Industri - IKI) had reached a score of 53.94 in June 2023, showing an increase of 3.03 points compared to the previous month's score of 50.90.
Electrum begins construction of electric motorbike factory in West Java with ambitious production targets
PT Energi Kreasi Bersama (Electrum), a joint venture company of PT TBS Energi Utama Tbk (TOBA) and PT GoTo Gojek Tokopedia Tbk (GOTO) has begun construction of an electric motorbike factory in Cikarang, West Java.