Small and Medium Industries (IKM) and Micro, Small and Medium Enterprises (UMKM), as well as Small and Medium Enterprises (SMEs) are part of the backbone of the Indonesian economy. This includes automotive SMEs, MSMEs and automotive SMEs.
Margono Tanuwijaya, CEO of PT Federal International Finance or FIFGROUP, in a conversation with journalists, stated that one of FIFGROUP’s ideals is to grow together with MSMEs. This is in line with the aim of this company’s business umbrella, PT Astra International Tbk – a national company which has 272 subsidiaries, including the automotive sector, financing services and insurance – that apart from doing business, balance is needed, how to do good and be useful for society and the surrounding environment.
So, one of FIFGROUP’s agendas is to continue to develop and become partners with micro and small industry players. MSMEs and automotive SMEs are no exception.
In the following discourse we will convey how much the automotive sector has not been managed and asked for capital or financing services in a workshop held by FINATRA, one of FIFGROUP’s brand services.
In the same vein, the condition states that the production of automotive spare parts or often called autoparts does not have much synergy with large companies.
Here we will also discuss the criteria that prospective buyers want in a supply chain, whether they meet the standards according to demand. There are also advantages if the ordering party or buyer is pursuing or wants to increase the Domestic Component Level (TKDN).
So, the production of those who pursue entrepreneurship in the automotive sector has a positive impact on the country’s economy.
Happy reading.
1. There are still a few Automotive MSMEs Establishing Partnerships with Large Industries, Closed Loop IKMs Provide 5R Training
Illustration of automotive components [Shutterstock/Teerasak Khemngern] Small and Medium Industries (IKM) are production activities of various types of daily necessities. Including automotive SMEs, which provide various goods related to two-wheeled and four-wheeled vehicles or more.
Products produced by SMEs are marketed in Small and Medium Enterprises or SME activities with a focus on small businesses. The difference with MSMEs (Micro, Small and Medium Enterprises) is the focus on the scope of micro businesses.
Read more
2. Young and Talented in the Automotive Sector, Starting a Conversion Business to Autoparts Guided by Financing Services
Workshop that provides services for converting ICE (Internal Combustion Engine) vehicles to electric power. Immortalized in the Elders Garage workshop, Smesco Building, Jakarta. As an illustration [/Alfian Winanto] The current technological heyday has also opened up unlimited job vacancies for the younger generation. The term solopreneur or doing business in various sectors with the opportunity to make maximum profit can be done.
Actor and director Pevita Pearce stated that this ability to do many things is multitasking. For this reason, the banking service he needs is a bank that can serve several needs at once. Such as profits, financing, and good interest rates.
Read in full
3. There is an Incubation Program for Friends of FINATRA, Automotive MSMEs in the Autoparts Sector Have a Great Opportunity to Join and Create Success
Illustration of automotive spare parts or called otoparts [Shutterstock] Last week at the FIFGROUP Gathering event with Media Editor, Margono Tanuwijaya , CEO of FIFGROUP stated that Micro, Small and Medium Enterprises or MSMEs are the backbone of the Indonesian economy.
So that growing and developing together with the microeconomic sector also becomes part of the aspirations of the financing company under PT Astra International Tbk–a national company which has 272 subsidiaries, including those operating in the automotive sector, financing services and insurance- -This.
Read more
4. Honda Motorcycle Financing Becomes FIFGROUP’s Biggest Source, Here Are Brand Services That Are Also Growing This Quarter
AstraPay Sanur Village Festival 2023, Sanur, Denpasar, Bali, one of the events involving FIFGROUP’s brand services, FIFASTRA in Honda motorbike financing sector [FIFGROUP]. In the FIFGROUP Gathering with Media Editors in Jakarta (7/11/2023), Margono Tanuwijaya, CEO of PT Federal International Finance or FIFGROUP revealed that profits reached IDR 3 trillion for the third quarter of this year. With Honda motorbike financing services as the biggest contribution, under the FIFASTRA service brand.
Apart from FIFASTRA, there are several brand services in the FIFGROUP range which also contributed to the profit of IDR 3 trillion, or an increase of 30.3 percent year-on-year, compared to the profit in the same period in 2022, namely IDR 2.3 trillion .
Read more
5. Use Value Chain Astra, FINATRA Approach PT AHM for MSMEs Otoparts
AHASS technicians are currently preparing motorbikes and their components or ot
