Home / Knowledge / News / Textiles / Orders for Italian textile machinery sector up in Q4
Orders for Italian textile machinery sector up in Q4
15
Feb '12
Orders for Italian textile machinery manufacturers were on the rise again during the last quarter of 2011 after two quarters of fall down. The results were gathered by the quarterly survey conducted by The Association of Italian Textile Machinery Manufacturers (ACIMIT).

Overall orders for the period from October to December 2011 rose up 28% over the previous quarter, at a value of 90.2 points. The most significant increase regarded orders in foreign markets (+32%), whereas on the domestic market orders were up 15%.
“We're still far from the levels achieved in 2010,” comments Sandro Salmoiraghi, President of ACIMIT, “but this recovery, compared to the mid months of 2011, confirms the dynamic nature of our manufacturers.”

“Despite the current difficult conditions in global markets,” Salmoiraghi says “our manufacturers have managed to catch the business opportunities available in major foreign markets, especially China, Turkey and India, as well as the United States and Brazil.”

The situation on the domestic market remains more difficult to resolve, however. The revival in investments recorded over the past three months is certainly a positive sign, but the gap remains large with current trends abroad.

The expectations of Italian machinery manufacturers for the first quarter of 2012 remain cautious, above all regarding the domestic market. “Economic uncertainty, combined with increased difficulties due to the danger of a credit crunch, are stopping investments of our Italian customers,” ACIMIT's President concludes.

The Association of Italian Textile Machinery Manufacturers (ACIMIT)

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Paolo Ocleppo
Sandvik Hyperion

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

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

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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