Home / Knowledge / News / Textiles / Sustainability takes centre stage at ACIMIT AGM
Sustainability takes centre stage at ACIMIT AGM
26
Jun '13
Italy’s textile machinery industry is in the front lines in providing sustainable technologies to ward off foreign competition. At ACIMIT’s annual assembly, sustainability was discussed as a primary factor for increasing the competitiveness of Italian machinery manufacturers.

For ACIMIT’s president Salmoiraghi, actions are required at a systemic level in order to maintain a competitive advantage, shared among the various entities of the textile sector.

The industry must regain momentum in a competitive landscape that is proving increasingly competitive, by focusing on the sustainability of products and processes. This is the strong message put forward at the annual assembly of ACIMIT (the Association of Italian Textile Machinery Manufacturers), during which an overview was presented of the economic and financial dynamics of textile machinery manufacturers.

Final figures for the sector for 2012 indicate a decline in production. Indeed, the turnover for Italy’s production of textile machinery amounted to 2.4 billion euros, dropping 11% compared to the previous year. Exports remain the primary driver for the industry’s manufacturers, representing fully 83% of production, directed mainly to China, Turkey and India (overall, these three countries absorb 39% of foreign sales by Italian manufacturers of textile machinery).

Whereas exports have fallen by 7%, the domestic market has fared even worse (-19% compared to 2011). Import trends have also shown negative results, at -15%. The slowdown in investments, which is common to many producers in the textile industry, has also hit our main competitors (Germany, Japan and Switzerland), who have observed an overall downturn in machinery sales abroad.

Today, seizing the moment means pre-empting competitors on issues related to sustainability. This theme was precisely on the agenda at the ACIMIT 2013 Observatory Focus, illustrating the process that makes a sustainable company more competitive.

The textile/fashion sector has developed its own model of sustainable development, where the production process is a key element in creating products that are flexible and reliable, as well as sustainable. “Our association has believed in the equation of sustainability equaling competitive advantage since the very beginning,” confirms ACIMIT’s president.

In fact, the “Sustainable Technologies” project was started up three years ago, and now numbers some thirty or so adherents among ACIMIT’s associated manufacturers, who are entitled to exhibit the “Supplier of Sustainable Technologies” logo.

ACIMIT’s Observatory traced back the steps of this project, highlighting the impact the initiative has had on the market. Special attention has been paid to such innovative trends in Italy’s textile machinery sector by large scale customers located in Europe, as well as in Asia (China in particular).

ACIMIT’s governing bodies were renewed during the assembly’s non-public deliberations, where Raffaella Carabelli was appointed as the new president of ACIMIT, succeeding Sandro Salmoiraghi.

ACIMIT


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

news category


Related Categories:
June 2017

June 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