INAPA--The Indonesia International Auto Parts, Accessories And Equip Exhibition & Conference

INAPA--The Indonesia International Auto Parts, Accessories And Equip Exhibition & Conference

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  • Show DateDate:2018/03/22~2018/03/24
  • Show PlaceJakarta International Expo (JIExpo Kemayoran)RW.10, East Pademangan, Pademangan, Central Jakarta City, Jakarta 14410
  • FLAGCENS Booth:A3Q3-07
Grabing to meet Top Automotive Industry Players opportunity at The ASEAN’s Largest Trade show for Automotive Industry on March 2018 in Jakarta – Indonesia Positive outlook for Indonesia Automotive Market Indonesia`s automotive industry has become a pillar in the manufacturing sector which becomes the world`s leading manufacturer of oil and gas production in Indonesia and it makes Indonesia as the largest leading economy in the Southeast Asia. Moreover, Indonesia is experiencing a tremendous transition, from an export car production becoming the largest car sales market due to the price of Gross Domestic Product (GDP) per capita. S&P Global Ratings raised Indonesia’s credit rating to “investment grade”, bringing it in line with the other two main rating companies and paving the way for more fund inflows into Southeast Asia’s largest economy. Stocks surged to a record and the rupiah is advanced. Indonesia’s total installed car production capacity stands at 2.2 million units per years. However, the utilization of Indonesia’s installed car production capacity is expected to fall to 55 percent as the expansion of domestic car manufacturing capacity has not been in line with growth of domestic and foreign demand domestic-manufactured cars. However, there are no major concerns about this situation as domestic car demand has sufficient room for growth in the decades to come with Indonesia’s per capita car ownership which is still at very low level. In terms of market size, Indonesia is the biggest car market in the Southeast Asia. Indonesia accounts for about one-third of total annual car sales in ASEAN, followed by Thailand on the second position. Indonesia not only has a large population (over 260 million in habitants) but is also characterized by having a rapid expanding middle class. Therefore, these two factors create a powerf
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