DELFINGEN and PT Askara Internal officially announced the signing of a Joint Venture agreement aimed at jointly addressing the rapid growth of Indonesia’s automotive market, including two-wheelers and off-road vehicles.

This strategic collaboration marks a significant milestone in the growth strategies of both companies. The partnership combines DELFINGEN’s global footprint and world-class protection tubing solutions with Askara’s strong local market expertise, manufacturing excellence, and well-established distribution network across Indonesia.

The timing of this partnership is highly strategic, as Indonesia transitions from an import-dependent automotive market into a regional manufacturing hub. This transformation is further supported by the government’s 2026 manufacturing mandates, which promote local production and value creation within the country.

Under this Joint Venture, DELFINGEN’s proprietary extrusion and textile sleeves technologies will be integrated into Askara’s manufacturing facilities located in Purwakarta. This integration is expected to:

• Create skilled technical employment opportunities

• Strengthen domestic manufacturing capabilities

• Reduce reliance on imported automotive protection components

• Support OEM localization strategies in Indonesia

Damien Personeni, EVP & CEO Asia of DELFINGEN, stated:

“Indonesia represents one of the most dynamic automotive opportunities in Southeast Asia. By joining forces with Askara, we accelerate our presence in Asia while investing in the nation’s future. Our combined strengths will enable us to deliver high-quality, sustainable solutions and technical support tailored to the needs of Indonesian consumers.”

This partnership underscores a shared commitment to innovation, sustainability, and long-term industrial development. By leveraging global technology and strong local execution, DELFINGEN and Askara aim to support Indonesia’s automotive ecosystem, including passenger vehicles, two-wheelers, commercial vehicles, and emerging electric mobility platforms.