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Order index for Italian textile machinery dips 3%
The order index for Italian textile machinery carried out by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for 2019 January-March period ranging from January to March 2019 dropped 3 per cent compared to the same period of the previous year.
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.
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.
"India is 3rd largest market for Italian texile machinery"
ACIMIT represents an industrial sector comprising around 300 manufacturers (employing close to 12,000 people) and producing machinery for an overall value of about 2.9 billion euros, with exports amounting to more than 84 per cent of total sales.
Positive trend continues for Italian machinery
The positive trend in textile machinery orders continues through to the third quarter of 2017. ACIMIT president Alessandro Zucchi states, "Growth for the Italian market is progressing, albeit following a more contained rhythm.
Zucchi is new ACIMIT President
Alessandro Zucchi succeeds Raffaella Carabelli as President of ACIMIT. Alessandro Zucchi has succeeded Raffaella Carabelli following the members’ assembly of ACIMIT, which was held on June 27.
Acimit-ITA venture at IRANTEX 2017
For the second consecutive year, ACIMIT (Association of Italian Textile Machinery Manufacturers), in partnership with the Italian Trade Agency, has organised a collective venture at Irantex, the primary trade fair for the Iranian textile and textile machinery sector to be held in Tehran from 4 - 7 September 2017.
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