GREAT NEWS! INAPA & INAFASTENER 2023 IS COMING BACK
INAPA – Indonesia International Trade Show for Automotive Industry 2023 and INABIKE – Indonesia International Motorcycle, Parts & Accessories Exhibition 2023 have become perfect trade shows to the growing needs of commercial vehichles industry. The show attracts industry leaders and key player in automotive vehicles and motorcycle components industry to showcase the latest innovation, product and services. This is a special zone for automotive, motorcycle and supporting industry that will optimize for exhibitors to meet the companies are connected to their business and facilitate professional buyers to find their special needs.
INAPA 2023 along with Transport & Logistics Indonesia 2023, IIBT 2023, Tyre & Rubber Indonesia 2023, EV Indinesia 2023 and INABIKE 2023 will be an excellent opportunity to network and expand with your automotive business in Indonesia and the region. INAPA 2023 will present more than 800 exhibiting companies from 21 countries and targeted 20.000 attendees. INAPA has become the ASEAN’s largest annual meeting place for automotive OEM and aftermarket players.
Indonesia – ASEAN’s Largest Automotive Market Recovery
Indonesia with over 270 million of people is in the largest economy in South East Asia. Indonesia’s manufacturing industry contributed of Indonesia Gross Domestic Product(GDP) grew 7.07% in the 2nd Quarter compared with a year earlier. Indonesia’s automotive industry has remained one of the manufacturing sub-sectors contributing positively to the national industry. Growth in the automotive sector in the secont quarter of 2021 increased by 37 percent. It will have a positive impact on the recovery of the automotive industry and eventually jumpstart the national economy.
Another indicator is the purchasing manager’s index (PMI) of indonesian manufacturing. In September 2022 it was recorded at 53:7 , up from 51.7 in August 2022. The results of the S&P Global survey show that the expansion rate of Indonesia’s manufacturing sector in this period was the fastest in 8 monts and was solid overall. Even Indonesia’s manufacturing PMI in September 2022 surpasses the world manufacturing PMI (50.3) “Indonesia’s manufacturing PMI continues to expand, in September 2022 to 53.7. The automotive market in Indonesia is predicted get better, approaching normal conditions.
Fastener & Fixing Industry
In Indonesia, the market for bolts, nuts, and other fastener items is still viewed prospective. In sectors ranging from infrastructure to manufacturing, building construction, and property development, fasteners and fixings play a crucial role. This industry serves as a “staple commodity” for industries ranging from manufacturing to gadgets.
The government’s rollout of infrastructure projects and the private sector’s encouragement of real estate development make the fasteners industry in Indonesia particularly promising. It can be considered a staple business because they are utilized in every industry. In Indonesia there is still a gap between supply and demand for bolts and nuts.
Fasteners are widely utilized in a variety of industries besides the automotive one, including manufacturing, infrastructure, and building and construction. Today, practically every industry has a requirement for fasteners. Also, manufacturing fasteners is a very profitable business venture that can support infrastructure development in Indonesia and throughout the world.
Come and visit us in 24 – 26 May 2023 at JIExpo Kemayoran, Jakarta
More info, please contact
Ms. Paramitha Rahayu
website: https://www.inafastener-exhibition.net/
register your visit at: https://reg-gemindonesia.net/