Home / Knowledge / News / Textiles / Italian textile machinery orders surge in 2017
Italian textile machinery orders surge in 2017
09
Feb '18
Italian textile machinery orders surge in 2017
The orders index for textile machinery compiled by ACIMIT, the Association of Italian Textile Machinery Manufacturers, registered an average increase of 18 per cent in 2017, compared to the previous year. While domestic orders were up significantly by 36 per cent, foreign markets also registered an increase of 16 per cent in orders for the entire year.
 
For the period from October to December 2017, the orders index rose by 29 per cent compared to the same period for the previous year. The index value stood at 120.9 points (basis: 100 in 2010). For export markets, the index registered an absolute value of 128 points (+23 per cent), while for the domestic market in Italy, the increase was 72 per cent compared to the period from October to December 2016, for absolute value of 94.5 points.
 
“The orders index for 2017 confirms that our sector is in good health, with a production trend that has been growing since 2015,” commented ACIMIT president Alessandro Zucchi.
 
“The textile sector is currently constrained, more than ever before, to attentively look into the applications offered by Industry 4.0. Demand in the industry is evolving continuously, and the concept of time-to-market is taken to extremes, so that the required production processes must be just as fast and interconnected to meet the demands of end consumers. Nonetheless, it would have been difficult to imagine such a significant leverage effect from the 4.0 incentives,” he added.
 
ACIMIT represents around 300 manufacturers who cumulatively produce machinery valued at €2.7 billion, with exports amounting to more than 85 per cent of total sales. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Fashion Revolution/Fashion Transparency Index

Apparel/Garments | On 23rd Apr 2018

Transparency helps in swiftly alerting brands

Disclosing key supplier, supply chain and operational information...

Japan’s clothing imports up 4% in fiscal 2017

Apparel/Garments | On 23rd Apr 2018

Japan’s clothing imports up 4% in fiscal 2017

Japan’s imports of clothing and accessories increased by 4 per cent...

Courtesy: Fashion Revolution/Fashion Transparency Index

Fashion | On 23rd Apr 2018

Top global fashion brands now more transparent

Fashion Revolution’s Fashion Transparency Index 2018 reveals Adidas...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Harsh Shah

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

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth 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


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search