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110 Italian firms participate in ITMA ASIA

16 Jun '14
2 min read

Italy’s textile machinery leadership is on show at ITMA ASIA+CITME 2014 being held in Shanghai from June 16 to 20, with a high number of Italian machinery manufacturers exhibiting at the event.

About 110 Italian exhibitors are on hand at ITMA ASIA + CITME 2014, occupying an overall exhibition space of 4,750 sq. meters. 57 Italian companies are presenting their products as part of the National Sector Group, organized by ACIMIT (the Association of Italian Textile Machinery Manufacturers) and ICE (Italian Trade Agency). 
 
The four Italian clusters are situated in the spinning (Hall W5), non-wovens (Hall W3), weaving (Hall E1) and finishing machinery halls (Hall E7). The total surface area, occupied by Italian National Sector Group, amounts to roughly 1,400 sq. meters.
 
“The high number of Italian exhibitors in Shanghai,” comments Raffaella Carabelli, President of ACIMIT, “shows that our companies are confident in the growth of the Asian markets, and China in particular. Compared to two years ago, the exhibition space booked by Italian manufacturers has grown 2%.” 
 
Asia constitutes a constant benchmark for Italy’s textile machinery industry, absorbing fully 44% of sales abroad. The main destinations of the area for Italian companies are China, India, Pakistan, Bangladesh and Indonesia.
 
The Chinese market by itself accounts for 20% of Italian machinery sold abroad, for a value of 327 million euros in 2013. It is the primary destination for Italian exports. “For many years,” continues Carabelli, “our machinery manufacturers have had a stable presence in China. Knowledge of the market is essential to satisfy new local textile demand. Today, in particular, Italian machinery producers are capable of offering sustainable technology that is attentive to water and energy consumption, chemical products, while simultaneously respecting the environment, as evidenced by the strong commitment to the Sustainable
 
"Technologies project by our associated manufacturers. In today’s marketplace, for Chinese textile manufacturers to have an innovative and sustainable technology partner, such as the Italian textile machinery sector, represents an essential competitive edge.”
 

ACIMIT

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