Home / Knowledge / News / Textiles / Industry 4.0 a boost to Italian textile machinery: Report
Industry 4.0 a boost to Italian textile machinery: Report
28
Jun '17
The Association of Italian Textile Machinery Manufacturers (ACIMIT), a private body for Italian machinery, has announced the figures relative to 2016 at the annual Assembly of Italian textile machinery manufacturers, showing further growth, compared to previous year. There is innovation in the future of the Italian textile machinery provided by Industry 4.0.

In 2016, Italy’s production of textile machinery rose 5 per cent compared to 2015, thereby reaching a value of €2.7 billion. During the same period, exports grew by 4 per cent, amounting to €2.3 billion. This reinforces the positive trend already observed in 2015, and is the result of a substantial confirmation of the state of foreign markets, as well as growth for Italy’s domestic market (indeed, domestic sales of Italian manufacturers increased 14 per cent). The various incentives implemented by the Government’s policy no doubt have played an essential role in kick starting domestic demand.

ACIMIT president Raffaella Carabelli said, “We now need to seize the challenge of Industry 4.0, in order to be even more competitive on global markets. The measures linked to Industry 4.0 are the main tools that will allow our industrial sector take a step forward. Italian manufacturers must take advantage of the evolution in digital technology to further boost production efficiency and competitiveness globally.”

“Our survey undoubtedly highlights the need to better understand how new technologies can be proposed to industry, and specifically for the textile sector. New trends in terms of demand, which are well synthesised by the phenomenon of fast fashion, and characterised by the speed of time to market, require production processes that are just as swift, and capable of providing an immediate response to consumer needs. The digitalisation of our associated manufacturers can thus trigger a further competitive advantage,” he added.

For the textile sector, and machinery manufacturers especially, Industry 4.0 represents a challenge aimed at stimulating dialogue between businesses operating within the sector. To outline the latest state of the art trends and track possible future scenarios, ACIMIT quoted a study of its own associated members, conducted by Rina Consulting SpA and presented at the General Assembly. The study points out the high level of awareness by Italian manufacturers regarding the latest technologies and their adoption (particularly cloud and cybersecurity technologies), with positive outcomes on productivity. (GK)

Fibre2Fashion News Desk – India


Must ReadView All

GST Council allows ITC refund to fabrics

Textiles | On 23rd Jul 2018

GST Council allows ITC refund to fabrics

The Goods and Services Tax (GST) Council at its 28th meeting held...

GST slashed on Chenille fabrics, knitted cap to 5%

Textiles | On 23rd Jul 2018

GST slashed on Chenille fabrics, knitted cap to 5%

The Goods and Services Tax (GST) on Chenille fabrics and other...

Courtesy: Pixabay

Textiles | On 23rd Jul 2018

Pakistan's textile exports up 8.67% in 2017-18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Urs Stalder
Sanitized AG

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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


July 2018

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

news category


Related Categories:

Advanced Search