Indonesia and Russia are accelerating strategic industrial cooperation across manufacturing, shipbuilding, pharmaceuticals, and technology development, with new agreements expected to be finalized during INNOPROM 2026.
The Ministry of Industry has inaugurated PT Beka Wire Indonesia’s new IDR 300 billion facility in Subang. Designed to produce 36,000 tons of steel wire annually, the plant aims to reduce Indonesia's reliance on imports and boost the national trade balance through high-value exports to global markets.
The Ministry of Industry introduces Permenperin 2/2026 to enhance environmental governance and ease licensing for tenants in industrial estates.
Indonesia’s Ministry of Industry says domestic manufacturers are ready to meet the surge in demand for textiles, garments, footwear, and cosmetics during Ramadan and Eid al-Fitr, as the sector continues to show strong growth and employ millions across the country.
Indonesia’s Industrial Confidence Index (IKI) rose to 54.02 in February 2026, marking its second-highest level since launch, as 19 of 23 manufacturing subsectors remained in expansion despite slight monthly easing.
