Home / Knowledge / News / Textiles / German Textile Symposium in Iran bags concrete inquiries
German Textile Symposium in Iran bags concrete inquiries
29
Apr '15
More than 1,100 representatives attended and also concrete inquiries were received from the Iranian textile and carpet industry at a German Textile Symposium organised in Tehran on April 21-22, 2015.

Following sanctions imposed on exports to Iran and competition from Asian manufacturers, German textile technology producers started losing market share in the Iranian textile industry.

“This Textile Symposium will boost demand for German textile technology from Iranian textile industry,” organiser of the Symposium, VDMA Textile Machinery Association said in a press release.

Thomas Waldmann, managing director of the VDMA Textile Machinery Association said, “We now see the chance to regain lost market shares.”

“The longer customers are not in a position to buy our machinery, the more new business becomes challenging and to correct this, we decided to hold the symposium and our expectations have been greatly exceeded.”

The excellent timing and the fact that the symposium has been the first German event of this magnitude in Iran for more than 10 years also contributed to the huge response.

According to VDMA, the strong demand from visitors became apparent in the run-up of the event as VDMA closed registrations a month before the Symposium, for reasons of capacity and safety.

“This clearly shows the enormous backlog in investments, the thirst of knowledge of the Iranian textile and carpet manufacturers and the excellent reputation of German technology in Iran,” VDMA said.

Golnar Nasrollahi, minister of textiles spoke of the ambitious target of the government to promote exports of the Iranian textile industry, which today is strongly concentrated on the domestic market.

The Iranian textile, carpet and apparel industry employs about 1 million people and exports at present textiles and carpets worth US $1 billion per year.

“This sum shall increase to $2 billion in the forthcoming years,” Nasrollahi said optimistically.

German Ambassador, Michael Sternberg and the Chairperson of the VDMA Textile Machinery Association Regina Brückner also participated in the opening ceremony.

Regina Brückner said, “The decision-makers of the textile and carpet industry have followed the technical lectures and the innovations with enthusiasm.”

“They are urgently looking for spares to optimise their old equipment and since most of the machines originate from closed or insolvent companies, it becomes difficult to source spares,” she added.

Beside the lectures, the visitors particularly made use of the B2B matchmaking area to enter in to dialogues directly with German company representatives.

VDMA said that most German companies focused on energy efficiency of their machines and that concrete inquiries for new machinery and latest technologies were made during the Symposium. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Reliance Industries

Textiles | On 24th Apr 2017

Reliance’s FY17 revenue from petrochemicals up 12.2%

Increase in prices across polymers and polyester chain has...

Textiles | On 24th Apr 2017

India, Kazakhstan to increase cooperation in textiles

Indian and Kazakhstan are deliberating upon increasing cooperation in ...

Textiles | On 24th Apr 2017

GST reflects 'One nation, One aspiration' spirit: Modi

Prime Minister Narendra Modi has said that the Goods and Services Tax ...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mohammad Hassan
Biax Fiberfilm

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

Steve Cole
Xerium Technologies

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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