Jakarta - The General Chairperson of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Novyan Bakrie, stated that industrialization in Indonesia is regaining momentum, opening up wider opportunities for industry players, including small and medium-sized enterprises (SMEs) across regions.

Anindya, familiarly known as Anin, conveyed this message during an audience between Kadin Indonesia leadership and the Minister of Industry of the Republic of Indonesia, Muhammad Sarmuji, at the Ministry of Industry Office in South Jakarta, on Monday (11/02/2026).

Following the meeting, Anin expressed optimism regarding the progress of national industrialization. He noted that various external narratives do not fully reflect the true state and potential of Indonesia's industrial sector.

“We came here to express our optimism that industrialization in Indonesia is indeed regaining momentum,” Anin stated.

Anin emphasized Kadin Indonesia's commitment to supporting the Indonesia Incorporated spirit promoted by President Prabowo Subianto through collaboration between large corporations and SMEs. He added that the spirit of mutual cooperation (gotong royong) in industrial development must involve businesses of all scales so that the benefits of industrialization are distributed more equitably.

Anin also appreciated the synergy between the Ministry of Industry and Kadin Indonesia, particularly in building a strong link-and-match between industrial demand and the capacity of the business community. He noted that Kadin's network—spanning 38 provinces and over 500 regencies and cities—serves as a crucial asset in expanding regional business participation in the national industrialization agenda.

Anin added that out of the approximately IDR 2,000 trillion in annual investment, more than half consists of Domestic Direct Investment (DDI). According to Anin, this potential must continue to be driven so that more national business actors can participate in the government's industrialization programs.

Furthermore, Anin stressed that industrialization is not limited to large-scale developments, such as processing nickel into battery raw materials. The development of local commodities such as sago, algae, and coconut also holds significant potential to be transformed into value-added industries that empower regional entrepreneurs to scale up.

“Industrialization is not only about large-scale projects like turning nickel into battery components, but also about sago, algae, and coconut—industries that precisely enable our regional counterparts to move up the value chain,” Anin explained.

Meanwhile, the Minister of Industry of the Republic of Indonesia, Muhammad Sarmuji, noted that the outlook for the national industry remains positive, marked by several manufacturing indicators remaining in expansion territory. He emphasized that this momentum must be utilized to drive higher industrial growth.

Sarmuji revealed that the Industrial Confidence Index (IKI) in October 2026 reached 53.77, while Indonesia's manufacturing Purchasing Managers' Index (PMI) released by S&P Global hit 54.0. Both figures stand above the 50 mark, indicating expansion in manufacturing activity. In fact, October's PMI was the highest recorded in the past 31 months.

“This demonstrates that investor confidence in Indonesia remains strong. Now is the time to leverage this momentum to drive our industrial sector toward even higher growth,” Sarmuji explained.

Sarmuji also praised Kadin’s commitment to reinforcing the role of SMEs. He stated that Kadin’s focus on SME development is a vital asset in building a stronger, more inclusive, and sustainable industrial structure—especially given Kadin’s extensive network spanning large enterprises to regional business operators. The Ministry of Industry stands ready to strengthen collaboration with Kadin, including boosting SME competitiveness and enhancing their integration with large-scale industries.

“Kadin’s awareness and attention toward small and medium-sized enterprises are commendable. We welcome and fully support this initiative so that more SMEs can grow and elevate their scale,” Sarmuji remarked.

Also attending the meeting were Kadin Indonesia Deputy Chairperson (WKU) Coordinator for Investment, Downstream Industry, Energy, and the Environment Bobby Gafur Umar; WKU Coordinator for Legal Affairs, Human Rights, and Infrastructure M. Azis Syamsuddin; Deputy Chairperson for Industry Saleh Husin; and Head of the Legislative Relations Agency Adisatrya Sulisto.