Home / Knowledge / News / Textiles / Foreign orders for Italian textile machines rise: Report
Foreign orders for Italian textile machines rise: Report
16
Nov '16
The orders index for textile machinery recorded an increase for the third quarter of 2016, thanks to positive sales figures abroad, a survey carried out by the Association of Italian Textile Machinery Manufacturers (ACIMIT) showed. For the period from July to September 2016, the overall order intake increased by 16 per cent compared to the same period last year.

The third quarter value for 2016 stood at 101.1 points (2010 basis = 100). However, this growth applies to foreign markets only, where the index recorded an absolute value of 112.3 points (+20 per cent compared to July to September 2015). In Italy, the index stood at 48 points, dropping off by 14 per cent over the same quarter in 2015.

ACIMIT president Raffaella Carabelli said, “This data on orders confirms the significant vitality in foreign markets. The order intake from Italy's domestic market has declined after two consecutive quarters of growth. We're still far from an effective recovery for the domestic market. However, we're confident that the plan put forward by the Italian Government for 2017 fiscal year can give confidence to businesses who need to invest.” (GK)

Fibre2Fashion News Desk – India


Must ReadView All

Digital textile printing sector to grow by 20% by 2020

Textiles | On 18th Jun 2018

Digital textile printing sector to grow by 20% by 2020

The digital textile printing sector is expected to have a compound...

Courtesy: Hela Clothing

Apparel/Garments | On 18th Jun 2018

Hela's latest label revolves around underwear, sleepwear

The latest collection of Sri Lanka’s Hela Clothing is revolves mostly ...

Kenya levies higher duties on mitumba import

Apparel/Garments | On 18th Jun 2018

Kenya levies higher duties on mitumba import

Kenya’s treasury secretary Henry Rotich recently raised the duty on...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Top executives
Textile industry, India

The event should be organised every year

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search