Home / Knowledge / News / Textiles / ITMA Asia + CITME 2016 receives good response
ITMA Asia + CITME 2016 receives good response
30
Jan '16
The fifth edition of ITMA Asia + CITME which runs from October 21-25, 2016 in Shanghai, China has received a huge response from both domestic and international textile machinery manufacturers.

“They are eager to tap into growth opportunities in China as the country continues its strategic push for quality products, higher productivity and green technologies, a press release from the organisers said.

According to the organisers, space applications for the exhibition to be held at the new National Exhibition and Convention Centre (NECC) in Shanghai will close February 29, 2016.

The textile technology trade show organisers added that almost 1,000 manufacturers have already applied for space.

Gu Ping, vice president of China Textile Machinery Association (CTMA) said, “We have seen a greater number of Chinese manufacturers signing up to exhibit at the combined show this year.”

“Interestingly, nearly 30 per cent of the applicants are first-time participants, which attests to the reputation of the combined show as a leading-edge industry platform,” Ping added.

CEMATEX president Charles Beauduin too said, “As the deadline for space application draws near, we are receiving increasing numbers of applications from our members, anxious to secure a booth before the deadline.”

“As expected, interest from both domestic and international machinery manufacturers is strong, as everyone wants to tap into the market opportunities in China,” Beauduin informed.

Textile machinery manufacturers are leveraging on ITMA ASIA + CITME 2016 as a strategic platform to showcase their latest technologies and products to buyers as China rolls out its 13th Five-Year Plan (2016–2020).

Under the plan, the Chinese textile industry will focus on industrial transformation and upgrading.

Structural adjustments will continue to be made in all sectors, thus expanding opportunities for the further development of textile enterprises and in areas such as industrial textiles.

Again according to CTMA, China's textile industry has been making greater investments to stay more competitive and a total of 15,235 new projects were initiated in 2015.

From January to November 2015, fixed asset investments in textile projects of more than 5 million Yuan each amounted to 1.09 trillion Yuan, which represents a 200 per cent jump from the same period in 2014.

“In view of these positive trends, which will spawn demand for better technologies, and the resounding success of the 2014 show, we are confident that participation in the upcoming show will be outstanding,” Ping observed.

The last ITMA ASIA + CITME show in 2014 was held over 150,000 square metres, attracted around 1,600 exhibitors from 28 economies and was visited by around 100,000 trade visitors from 102 economies. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

July 2017

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

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

Yes No

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

Yes No

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


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



X