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Italy’s textile machinery industry optimistic
The 18th edition of ITMA, the global textile machinery trade fair which has just concluded in Barcelona, has proven to be a great success for Italian textile machinery manufacturers.
Italian machinery sector: A major player at Techtextil
The technical/innovative textile sector has developed at a very high pace in recent years. In 2010, global production of textiles for technical applications and nonwovens amounted to 37 billion euros, rising to 60 billion euros for 2018.
Italian textile machinery: Fourth quarter orders drop
The orders index for textile machinery for the period ranging from October to December 2018, as compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, fell compared to the same period for 2017. The index value stood at 101.9 points (basis: 2015 =100).
Drop in order intake for Italian textile mach
This drop affected both the domestic and foreign markets. In Italy, the index stood at an absolute value of 141.4 basis points, i.e., 13 per cent less than for the period of April-June 2017.
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