Whalesbook
Indonesia is launching a $12 billion program to build cooperative markets across the archipelago, involving the purchase of 160,000 trucks and motorbikes. This initiative, part of President Prabowo Subianto's plan to establish 80,000 cooperatives, aims to boost local businesses and economic activity. The large-scale procurement is expected to significantly benefit the country's auto industry and includes potential major deals for Indian manufacturers like Tata Motors, Mahindra & Mahindra, and TVS Motor Company.