The Indonesian construction equipment market is expected to grow from 28,568 Units in 2023 to reach 36,510 Units by 2029, at a CAGR of 4.17% from 2023-2029.

Jakarta – Indonesian officials have emphasised the importance of developing downstream industries, particularly in electric vehicle (EV) battery production, to enhance the country's economic value.

Over the last decades, the Indonesian government has prioritized the manufacturing sector to maximize its potential contribution to accelerated industrialization. Today, this sector stands tall as Indonesia's largest GDP contributor and dominates the country's export landscape. Major industries such as food and beverages (F&B), coal and refined petroleum, chemicals, transportation, as well as metals and electronics, are the leading GDP contributors from manufacturing in Indonesia.

JAKARTA, Indonesia (AP) — A flood of Chinese products into Indonesia has hit local manufacturers hard, prompting the government to look for ways to placate domestic producers while avoiding angering the country’s biggest trading partner.