Key insights and market outlook
Indonesia is moving closer to producing its national car with PT Pindad (Persero) projected to start production in 2027. Minister of Industry Agus Gumiwang Kartasasmita revealed that comprehensive discussions have been held regarding project financing, technology, vehicle type, market segmentation, pricing, and after-sales service. The project is part of President's directive to develop a national vehicle.
Indonesia's ambition to produce a national car is gaining momentum as PT Pindad (Persero), a state-owned defense company, is set to begin production in 2027. Minister of Industry Agus Gumiwang Kartasasmita revealed that the Ministry has conducted detailed discussions with Pindad regarding various critical aspects of the project.
The comprehensive discussions between the Ministry of Industry and Pindad covered several strategic areas including:
The national car project aligns with the government's vision to boost the automotive industry and reduce dependence on foreign vehicles. The Minister expressed confidence in Pindad's readiness to undertake this project, stating that the company's concept appears comprehensive.
While specific details of the discussions remain undisclosed, the Ministry's optimism suggests significant progress. The successful implementation of this project could mark a major milestone in Indonesia's industrial development and potentially transform the country's automotive landscape.
National Car Production Target Set
Pindad Project Discussion