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Indonesia's Astra eyes digital as potential new growth path

Conglomerate chief says automotive arm sticking with Toyota on electric cars

Conglomerate Astra International, which has a close relationship with Toyota Motor, says it will continue working with the Japanese automaker as Indonesia embarks on ambitious plans for electric cars.   © Reuters

JAKARTA -- As it has done repeatedly over its 60-plus-year history, Astra International -- Indonesia's largest listed conglomerate -- is keen to seize new growth opportunities and is now honing in on the fast-expanding digital sector, its top executive told Nikkei Asia.

Founded as a general trading company in 1957, the breadth of Astra's activities, which range from automobiles to agribusiness, has made the group something of a bellwether for Indonesia's $1 trillion economy, Southeast Asia's largest. 

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