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Bike Production in Indonesia on the Rise

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Bicycle manufacturer PT Terang Dunia Internusa recently opened a second 40,000 m plant in Sentul near Bogor (south of Jakarta on West Java). With the new facility the company is able to increase its production capacity to 1.3 million bikes and intends to grow its export to Europe. Next to expanding its exports

Bike Production in Indonesia on the Rise

JAKARTA, Indonesia – Bicycle manufacturer PT Terang Dunia Internusa recently opened a second 40,000 m² plant in Sentul near Bogor (south of Jakarta on West Java). With the new facility the company is able to increase its production capacity to 1.3 million bikes and intends to grow its export to Europe.

Next to expanding its exports to Europe PT Terang Dunia Internusa goal with the new facility is also to increase the share on its home market. The company operates on the Indonesian bike market under the brand name United (www.unitedbike.com).

According to a recent local newspaper report that quotes sales and marketing manager Janto Hasan; PT Terang Dunia Internusa intends to grow its market share on the home market to 40%. This will require half of the production total of the new factory. The other half is destined for export to Europe. Currently the company productes annually 300,000 units which can be upped to 1.3 million bikes.

Currently there are three main local players operating on the Indonesian market. Next to PT Terang Dunia Internusa the other two are Malaysian-Indonesian Polygon and Indonesian Wim Cycle. It is estimated that annual production stands at Polygon at 550,000 units while Wim Cycle produces around 100,000 units per year. According to the Indonesian bicycle industry association AIPI the annual volume of the bike market of the country with its 240 million population stands at about 6 million bicycles.

 

 

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