Overall orders also benefitted from a positive trend on the domestic market, for which a 47% increase was actually recorded compared to the three previous months. The value stood at 83.5 points. Growth on foreign markets was slightly more contained at +20%.
“The fourth quarter data are comforting, comments ACIMIT President Sandro Salmoiraghi, and are a good omen for 2013, but we still need to consider that overall the year 2012 closed with a decrease compared to 2011.”
In fact, on an annual basis the orders index fell by 4%, for a value of 108.6 points. Abroad, the comparison on the previous year recorded a slight drop (-1%), while the domestic market totalized a 21% decrease.
“In Italy, we’re registering the effects of an overall climate of scant confidence in the future, a fact that is common to businesses and families alike,” observes Salmoiraghi. “We need reforms capable of promoting growth, such as those recently proposed by Confindustria, aimed at cutting business costs - starting from the cost of labour, while boosting investments in capital goods. These issues must be prioritized in the industrial policies enacted by the next government.”
ACIMIT’s president concludes “Abroad, where our manufacturers realize 80% of their turnover, we need to work together in a structured manner. This is why we ask that Italian Trade Promotion Agency (ICE) be provided with greater resources for promoting Made in Italy products in foreign markets, avoiding that public funds for internationalization are wasted in many unstructured projects.”
Apparel/Garments | On 22nd May 2018
Bangladesh Bank has enhanced the loan limit under Export Development...
Textiles | On 22nd May 2018
In what might be an indication of higher exports in the coming...
We are using Facebook and Instagram to promote ourselves
We are ready to adopt or follow every opportunity
Wigwam Mills Inc
Wigwam aims to recycle discarded yarn that doesn’t make it through the...
<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...
Manila-based CustomThread is a start-up offering premium custom apparel...
Kusumgar Corporates is a leading manufacturer of technical textiles and...
Larry L Kinn
Larry L Kinn, Senior Vice President - Operations Americas of Suominen...
Iago Castro Asensio
RCfil Distribuciones S.L.
Iago Castro Asensio, International Business Manager of RCfil...
The Indian market has huge potential in technical textiles, and by far,...
Divvya and Nidhhi Gambhir
<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...
Bridal couture created with rich Indian heritage, exquisite craftsmanship...
India Boulevard is a San Francisco-based curated fashion marketplace that...