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Italian textile machinery makers to partake at Saigontex
16
Feb '16
Twelve Italian textile machinery manufacturers are participating at the upcoming Saigontex, to be held in Ho Chi Minh City, Vietnam from March 30 to April 2, 2016.

“These include A. Piovan, Beta Machinery, Carù, Fadis, Ferraro, JK Group, Mei, Pozzi Leopoldo, Pugi Group, Ratti, Rollmac and Tonello,” a press release from ACIMIT informed.

According to ACIMIT, Vietnam has now become a major market for textile machinery manufacturers.

“Having emerged as an important manufacturing hub for the garments sector, the country's textile has received a boost through the free trade agreements signed with the EU and the US,” the trade body said.

“Over the medium term, we are expecting, a strong boost in demand for textile machinery by Vietnamese textile manufacturers,” Raffaella Carabelli, president of ACIMIT said.

Vietnam already ranks 8th among export markets for Italian textile machinery companies, with exports for the first nine months of 2015 reaching €31 million, a steep year over year rise of 53 per cent.

“Among the products most in demand are finishing/ennobling and spinning machinery,” Carabelli observed.

These companies will be exhibiting in a common exhibition area organised by the Italian Trade Agency and ACIMIT, who are all ACIMIT associated members.

ACIMIT represents an industrial sector comprising around 300 companies, employing close to 12,000 people and producing machinery for an overall value of about €2.5 billion.

“The quality of Italian textile technology is evidenced by the high number of countries in which Italian machinery is sold which total to around 130 countries worldwide,” ACIMIT informed. (AR)

Fibre2Fashion News Desk – India

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