PRESS
HOME > PRESS

INDONESIA INTERNATIONAL TYRE & RUBBER INDUSTRY EXPO

 

           Booth No. B2F2-01 Hall B2 JIExpo Jakarta  29 March - 1 April 2016.

---------------------------------------------------------------------------------------------------------  

It's the only Indonesia's most influential TYRE & Automobile Rubber event solution !

Since Indonesia regains investment grade status from Fitch Rating, the investments of many sectors are growing fast. A number of automakers including Toyota, Honda, Daihatsu, Mitsubishi, General Motors, Ford and Tata have raised their investment in Indonesia. Those companies have announced plans for the construction of new assembly plants that would roll out new models aimed at tapping the fast-growing Indonesian middle class. Auto sales in Indonesia are expected to reach 1 million in 2013, making it one of the world's largest markets

Indonesia is also becoming a more interesting destination for investors thanks to various factors, including government support. In 2010, Indonesia emerged as the largest ASEAN market for the first time with sales of 850,000 vehicles. Indonesian government designated it self as a major automobile manufacturing base for the ASEAN region. It plans to produce 1 million vehicles per year by 2014 and 2 million vehicles per year by 2020.

 

THE ASEAN'S BIGGEST MARKET FOR TYRE 
The realization of car tyre sales in both domestic and export markets during 2010 reach the 49.58 million units or up 27% compared with 2009. That growth comes in line with the improvement of the Indonesia's Economy that raised people's purchasing power. The data of 2010 from Indonesian Association of Tyre Companies (APBI) show the market volume tyres of automobiles reached 49,584,652 units, 10,550,776 units more compared with that of 2009. 

Copyright © 2010 sanoxtyre.com All Rights Reserved