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2017 sees growth in textile machinery orders: ACIMIT
10
May '17
The Association of Italian Textile Machinery Manufacturers (ACIMIT), a private body promoting Italian textile machinery, has announced that 2017 has started offf on a positive note for Italian textile machinery manufacturers. For the first quarter, orders have increased both in Italy and abroad. ACIMIT consists of an industrial sector with 300 manufacturers.

The orders index for textile machinery compiled by ACIMIT for the period from January to March, grew 24 per cent compared to the same period in 2016. The index value stood at 113.7 points (basis 2010 = 100).

This growth regarded mostly markets abroad, where the index came in at an absolute value of 124.1 points (+26 per cent). In Italy, the increase compared to the period from January to March 2016 was 16 per cent, with an absolute value of 71.5 points.

ACIMIT president Raffaella Carabelli said, “Orders for the start of 2017 confirm a positive trend in major foreign markets, and a climate of trust for Italy’s textile industry that is on the upswing. The index data for the first three months of the year confirm the positive signs ascertained by our businesses in various foreign markets.”

“A renewed climate of enhanced trust is currently perceived in the textile sector triggered by the government’s commitment to enact a range of significant incentives for the Country’s manufacturing system,” she added. (GK)

Fibre2Fashion News Desk – India


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