TOKYO -- Japanese farm equipment maker Iseki & Co. plans to have Indonesia manufacture 90% of products bound for overseas markets by 2030, shifting capacity away from Japan where labor and demand have shrunk steeply in the agricultural sector.
Iseki's plant in Indonesia performs final assembly of tractors and lawnmowers destined for Western countries. Last year, the company expanded the plant's annual capacity 20% to 22,000 units.
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