Astra

PT Astra International Tbk (Astra) is one of the largest diversified conglomerates in Indonesia. Indeed this investment holding company is often regarded as the barometer of the Indonesian economy due to its presence in various sectors (automotive, agribusiness, heavy equipment, mining, energy, financial services, information technology, and infrastructure & logistics).

Astra International is also the largest Indonesian company listed on the Indonesia Stock Exchange (IDX) in terms of market capitalization.

A highly diversified conglomerate that is present in most major sectors of the Indonesian economy, with the majority of its revenues still originating from its dominant position in Indonesia’s automotive industry, with the company controlling approximately 54 percent of the country’s wholesale car market.  The company is Southeast Asia’s largest automotive group and provides a full range of automobile and motorcycle products; although in recent years it has lessened its traditional dependency on the automotive industry by expanding into other sectors to grow other revenue streams.

In the automotive industry, Astra International’s core business, the company holds a domestic market share of between 50 and 60 percent. Through a jointly controlled entity with the Toyota Motor Corporation, Astra holds the exclusive right to sell Toyota vehicles on the Indonesian market. This Toyota brand is the dominant leader in Indonesia’s wholesale car market. Astra also partners with Daihatsu, Isuzu, Nissan Diesel, Peugeot, BMW automobiles, and Honda motorcycles.

In addition to the production and distribution of its automobile lines, Astra offers consultation services for the purchases of new cars, as well as insurance and financing services to support its automotive, motorcycle and heavy equipment sales. For mining, plantation, construction and forestry it delivers heavy equipment, related parts and after sales services.

Other sectors that Astra has started to tap (through its subsidiaries) are coal mining, agribusiness, information technology, infrastructure (toll roads, water supply in Jakarta and an oil tanking terminal in Gresik), as well as IT solutions services.

As of 2015 Astra International employs more than 225,580 people in 183 companies (including subsidiaries, associates and jointly-controlled entities). The company has won numerous corporate awards – both national and international – in recent years and has set the ambitious goal of establishing its brand name globally as the pride of Indonesia by 2020.