Indonesia Strengthens Footwear SMEs Amid Global Economic Challenges

Enhancing Competitiveness Through Strategic Initiatives

The Indonesian Ministry of Industry is taking proactive measures to boost the competitiveness of the country's footwear small and medium enterprises (SMEs). Through the Directorate General of Small, Medium, and Miscellaneous Industries (Ditjen IKMA), the ministry is implementing various programs aimed at enhancing the resilience and global standing of these businesses.

Key Challenges Faced by Footwear SMEs

Indonesian footwear SMEs continue to face significant structural challenges, including limited access to capital and markets, low business and financial management literacy, and limited product innovation. These issues hinder their ability to compete effectively in both domestic and international markets.

Ministry's Strategic Response

To address these challenges, the Ministry of Industry is focusing on several key areas:

1. Business Facilitation: Providing support to streamline operations and improve market access
2. Training and Capacity Building: Enhancing business management skills and financial literacy
3. Mentoring and Technical Assistance: Offering guidance to improve product quality and innovation

Industry Minister's Perspective

Minister of Industry Agus Gumiwang Kartasasmita emphasized that these initiatives are crucial for helping SMEs navigate the current global economic landscape. The minister highlighted that strengthening SMEs is essential for maintaining Indonesia's competitive edge in the global footwear industry.

Future Outlook

The Ministry's efforts are expected to have a positive impact on the footwear SME sector by improving their competitiveness and resilience. As global economic conditions continue to evolve, the success of these initiatives will be crucial in determining the future growth and sustainability of Indonesia's footwear industry.