Home / Knowledge / News / Textiles / Stable orders for the Italian textile machinery
Stable orders for the Italian textile machinery
23
May '12
For Italian textile machinery, 2012 begins with greater stability than the previous year. In fact, in the first quarter of the year, orders are up by a modest 2% compared to the last three months of 2011. According to joint surveys conducted by ACIMIT, the Association of Italian Textile Machinery Manufacturers, the overall orders index for the January-March 2012 period shows an increase of 2% over the previous quarter with a value of 91.2 points.

Nevertheless, there is a different trend between orders in Italy and those in foreign markets. In the Italian market, the index increased 34% compared to the last quarter of 2011. Abroad, on the other hand, there was a drop of 1%.

“The first quarter results surprised us", said Sandro Salmoiraghi, ACIMIT president.

"The increase of orders in the Italian market for the second quarter in a row silenced the prophets of doom who too quickly predicted the free-fall of Italian textiles. There are still textile companies in Italy investing in new machinery and new systems. This is a boost of confidence for the entire Italian textile-clothing production chain”.

Despite the strong growth recorded in the domestic market, exports remain the driver for the sector. And so the overall index of orders is suffering a slow down, albeit slight, in foreign markets. “At a time clearly positive for the Italian market, we must record the slow down of demand from our main markets, especially China and India", emphasized the ACIMIT president. "We are paying for the global economic slow down, which has also affected emerging countries and caused many companies who are our customers to stop their investment projects, hopefully only temporarily”.

Association of Italian Textile Machinery Manufacturers (ACIMIT)


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Urmil Arya

Sushila International, a well established textile organisation established ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mohammad Hassan
Biax Fiberfilm

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

December 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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