Indian Industry

Country Profile

Indonesia
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Indonesia, is the republic nation, with an elected parliament and president. The nation borders with new guinea, east timor, malaysia and papua. Recognized as the world's largest archipelagic state, indonesia is vested on a total area of 1,919,440 sq km, comprising 1,826,440 sq km land and 93,000 sq km water area. Indonesia is going under significant economic reforms, which has triggered the GDP growth rate to 6.1%. Petroleum & natural gas, textile, footwear, mining, cement, chemical, fertilizer and rubber sectors are the part of indonesia's industrial hub. The country is a leading exporting country of oil & gas, electrical appliances, plywood etc. and has recorded total exports of $118.4 billion.

Snapshot

Official Name - Republic of Indonesia (ID)
Capital City - Jakarta
Type of Government - Republic
Currency - Rupiah (IDR)
Fiscal Year - Calendar year (previously 1 April - 31 March, but starting with 2001, has been changed to calendar year)
Official Language(s) - Indonesian Indonesia, a standardized dialect of the Malay language
Local Time - GMT + 07:00 in the west to GMT+ 09:00 in the east
International Dialling Code - +62
Internet Domain - .id
Major Cities - Surabaja, Medan, Bandung, Semarang
Major Industries - Oil, Gas, Textiles, Timber, Coffee, Rubber, Coal, Tin, Copper, Rice, Pepper, Palm Oil
Major Trading Partners - Japan, USA, Singapore
Double Taxation Treaty with India - YES




Economic Overview
  • One of the fastest growing economy in Asia.
  • Market-based economy where the government plays a significant role.
  • The government owns 158 state-owned enterprises and administers prices on several basic goods, including fuel, rice, and electricity.
International Trade
Major Export Items
Animal and Vegetable Oils, Electrical Appliances, Plywood, Textiles, Rubber, Foodstuffs and Live Animals, Beverages and Tobacco, Raw Materials, Inedible, Mineral Fuels, Lubricants and Related Materials, Chemicals

Main Destinations of Exports
Japan, China, U.S., Singapore, EU

Major Import Items
Machinery and Equipment, Chemicals, Fuels, Foodstuffs and Live Animals, Beverages and Tobacco, Raw Materials, Inedible, Mineral Fuels, Lubricants and Related Materials, Animal and Vegetable Oils and Fats

Main Origins of Imports
Japan, Singapore, U.S., China, EU

Contacts of Trade Ministries / Associations

Ministry of Trade and Industry Department of Foreign Affairs
Jl. Gatot Subroto Kav. 52/53,
3rd Floor, Jakarta 12950
Tel.: +(62)-(21)-5252194
Fax: +(62)-(21)-5261086
Website: www.dprin.go.id

Jalan Pejambon No. 6
Jakarta Pusat 10110, Indonesia
Tel.: +(62)-(21)-3813453
Fax: +(62)-(21)-3857316
E-mail: infomed@deplu.go.id
Website: www.deplu.go.id

Indonesian Denelux Chamber of Commerce National Agency For Export Development
Menara Jamsostek Tower A
20th Floor, Suite 2002
Jl. Jendral Gatot Subroto
Kav. 38 Jakarta 12710, Indonesia
Tel.: +(62)-(21)-52902177
Fax: +(62)-(21)-52902178
E-mail: ina@ina.or.id
Website: www.ina.or.id

Ministry of Trade of Republic of Indonesia
Jalan Kramat Raya No. 172
Jakarta 10430
Tel.: +(62)-(21)-3100569
Fax: +(62)-(21)-31904914
Website: www.nafed.go.id


Business Visa Rules
The following criteria is required to obtain business visa for Indonesia:
  • To gain entry into Indonesia, foreign nationals need to have in their passports with at least 6 months of validity and appropriate visas.
  • Visa application process is carried out at the Indonesian Embassies or Consulates overseas nearest to the applicants' domicile. The application is made by filling out appropriate application forms, available from the Embassies or Consulates, and by enclosing 2 colour passport-size photographs and a valid passport, along with supporting documents.
  • A fee is payable in local currencies for the visa application. Please note that the fee should only be paid in cash or by postal order and is not refundable. All queries regarding the amount of the visa fee should be referred to the Embassy/Consulate where the visa application is filed. Decisions on many of the types of visa applications are normally made within 24 hours.
  • Visa that has been issued is valid for maximum of 90 days. If the applicant fails to enter Indonesia within the 90 days period after the visa is issued, the visa will be declared invalid.
  • Please note that the possession of a visa does not guarantee entry into Indonesia. Permission to enter the country is the authorization of the Immigration Officer at the point of entry.
Business Hours
8.00 am to 4.00 pm or 9.00 am to 5.00 pm - Offices (Monday to Friday with additional hours on Saturday mornings)
8.00 am to 2.30 pm - Banks (Monday to Friday)

Public Holidays

Festival Date Local Name Detail
New Year's Day January 1 Tahun Baru
Chinese New Year Tahun Baru Imlek Date varies
Eid ul-Adha Idul Adha Date varies
Hijra Tahun Baru Hijriyah Date varies
Hari Raya Nyepi
Good Friday Wafat Isa Al-Masih (Jumat Agung) Date varies
Ascension Day Kenaikan Isa Al-Masih Date varies
Maulid Nabi Muhammad SAW Date varies
Vesak Hari Raya Waisak Date varies
Independence Day August 17 Hari Proklamasi Kemerdekaan R.I.
Isra Mi`raj Nabi Muhammad SAW Date varies
Eid ul-Fitr Idul Fitri Date varies
December 25 Christmas Day Hari Natal
indonesia


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