Jakarta, Oct. 29 -- Indonesia is confident its electric vehicle (EV) industry can meet the 60 percent domestic component requirement (TKDN) by 2027, Industry Minister Muhammad Sarmuji said on Thursday.

Sarmuji said meeting the requirement should not pose significant challenges as long as manufacturers carry out their production activities in Indonesia and use domestically produced components.

"I am confident that they are ready. The essence of the local content requirement is, after all, the use of domestic products. If the industry's manufacturing takes place in Indonesia, there shouldn't be any issues," he said.

Under the national EV roadmap, the minimum local content requirement is set to rise from 40 percent in 2026 to 60 percent f...