Indonesia is Toyota’s Key to Africa

Last year, as Indonesia’s best performing exporter, PT Toyota Motor Manufacturing Indonesia received the Ministry of Trade’s Primaniyarta Award. Toyota also received the award in 2008, 2010, 2011, and 2013.

The award is a result of continuous growth in volume and value of exports, as well as growth in the number of export destinations. Toyota now exports from Indonesia to more than 70 countries around the world.

According to news agency Nikkei, Toyota is part of an economic transformation that is gathering pace in Indonesia and Indian Ocean countries increasingly do business with each other.

Indonesia occupies a key geographic position for such trade. Companies such as Toyota are using this to promote exports to Africa and the Middle East – the destination for about 40 percent of the 150,000 vehicles of all brands shipped abroad from Jakarta in 2013.

In 2014, Toyota’s overseas shipments from Indonesia grew by 35 percent, and for the first time included exports of the Yaris, Vios and Agya. Some of the Vios production was shifted from Thailand to a plant in Karawang, West Java, because of its superior location for exporting to the Middle East.

Also, Indonesian-made Toyota minivans are exported to more than 10 African nations, including Nigeria and Mozambique. The vehicles are made to Indonesian specifications with high road clearance and strong off-road capabilities that translate well to African markets, says Nikkei.

The Indian Ocean region’s population is projected to grow to three billion in 2040, from 2.2 billion in 2010, and total trade among the 20 members of the Indian Ocean Rim Association has already surpassed $1.2 trillion. In 2020, the region’s share of global exports is forecast to match that of the U.S, says Nikkei.

Indonesia aims to boost maritime trade, and President Joko Widodo, inaugurated last October, has vowed to spend more than $400 billion on infrastructure development including ports.

Optimistic Growth in Indonesia’s Machine Tools Market

There is optimistic growth in Indonesia’s machine tools market

Mr. K Vinod Cartic, Consultant at Frost & Sullivan said that as the use of composite materials in automobile industry increases, diamond tipped tools will also grow faster vis-a-vis cemented carbide tools. Cement carbide tools are heavily used in the mining and power generation industry and steel and steel alloys are mostly used in fabrication of various components.

He also said that the use of intricate components in aerospace & defense industry is expected to promote use of high precision tools.

Read more

Yamaha Makes Indonesia Its Base for Sport Bike

Yamaha Makes Indonesia Its Manufacturing Base of R25 Sport Bike

Indonesia will become the manufacturing base for the Yamaha R25 sport bike after Yamaha Indonesia Motor Manufacturing (YIMM) — which manufactures and markets Yamaha motorcycle in Indonesia — was appointed to handle its production. Production plant is capable of producing up to 2,000 units of the R25 per month.

Read more

Honda factory arial view

Honda to Invest in Indonesia

Honda to invest more to build second factory in Indonesia

Surabaya, East Java (ANTARA News) – PT Honda Prospect Motor (HPM) will invest Rp3 trillion more in Indonesia to build a second car factory in the country. The decision to build the factory in Karawang, West Java, is made in facing the implementation of ASEAN Economic Community (AEC) in 2015, HPM President Director Tomoki Uchida said.

Read more

The Manufacturing Sourcing Show for the Region

Manufacturing Indonesia 2013 confirms its status as the sourcing  show for the region

The largest and most international manufacturing event in Indonesia attracted 32,636 trade visitors over 3 days.

Manufacturing Indonesia ended its 24th edition recently after a highly successful run from 4 – 7 December 2013, once again reaffirming its reputation as the premier regional trade event for the manufacturing sectors with an impressive buyer attendance from 37 countries/ regions.

Read more