Iwan Lukminto, often referred to as the “King of Textiles” in Indonesia, is the President Director of PT Sri Rejeki Isman Tbk, better known as Sritex. He inherited and expanded the company founded by his father, H.M. Lukminto, transforming it from a small market stall in Solo, Central Java, into a global textile powerhouse.
Born into a family already involved in textiles, Iwan developed a keen understanding of the industry from a young age. He witnessed firsthand the challenges and opportunities within the sector, fueling his ambition to modernize and scale up his father’s business. After graduating with a degree in economics, he officially joined Sritex and began implementing his vision.
Iwan Lukminto’s leadership is characterized by a relentless focus on innovation and vertical integration. He recognized early on the importance of controlling the entire supply chain, from spinning and weaving to dyeing, printing, and garment manufacturing. This strategy allowed Sritex to maintain consistent quality, reduce costs, and respond quickly to changing market demands.
Under Iwan’s guidance, Sritex aggressively invested in advanced technologies and expanded its production capacity. He strategically diversified the company’s product portfolio to include fabrics for fashion, military uniforms, and industrial applications. This diversification helped Sritex weather economic downturns and capitalize on emerging market opportunities.
One of Iwan Lukminto’s notable achievements is securing contracts to supply military uniforms to numerous countries, including NATO members. This success is a testament to Sritex’s commitment to quality, precision, and adherence to stringent international standards. The company’s ability to meet the demanding requirements of the defense sector has solidified its reputation as a reliable and trusted supplier.
Beyond business, Iwan Lukminto is known for his philanthropic endeavors and commitment to social responsibility. Sritex actively supports local communities through various initiatives, including educational programs, healthcare services, and environmental conservation efforts. He believes in giving back to the society that has contributed to the company’s success.
Despite facing challenges, including economic fluctuations and increased competition, Iwan Lukminto remains optimistic about the future of the Indonesian textile industry. He continues to invest in research and development, exploring new materials and manufacturing processes to maintain Sritex’s competitive edge. His long-term vision for the company includes further expansion into new markets and a continued commitment to sustainability.
Iwan Lukminto’s journey from a small family business to a global textile leader is an inspiring story of vision, hard work, and dedication. His leadership has not only transformed Sritex into a world-class company but has also contributed significantly to the growth and development of the Indonesian economy.
565×318 ceo sritex iwan setiawan lukminto berita ceo sritex iwan setiawan from kumparan.com 
480×360 ceo iwan lukminto bos sritex patahkan stigma bisnis keluarga from kumparan.com 
216×250 iwan setiawan lukminto istri jemput jenazah bos pt sritex from jateng.tribunnews.com