Home / Knowledge / News / Textiles / Textile machinery leaders to visit Uzbekistan and Turkmenistan
Textile machinery leaders to visit Uzbekistan and Turkmenistan
15
Oct '10
In mid-October, an Italian delegation of textile machinery manufacturers will visit Uzbekistan and Turkmenistan. This institutional mission, organized by ACIMIT (the Association of Italian Textile Machinery Manufacturers) and by the Italian Institute for Foreign Trade, has planned a series of institutional and business meetings in Ashgabat, the capital of Turkmenistan, and Tashkent, in Uzbekistan, where a technology seminar will also be held, followed by bilateral meetings.

“In the wake of the crisis which has weighed down on us the past few years, the textile machinery sector is looking for a new geographical balance” states Sandro Salmoiraghi, President of ACIMIT, who is heading the delegation. “China, India, Turkey and Brazil are the Countries with the greatest capacity to absorb textile machinery production in the future. However, we need to seek out new business opportunities in those markets where textile manufacturers from the major manufacturing Countries are now heading.”

Uzbekistan has an ancient tradition in the working of raw materials, and it is the world's sixth largest cotton producer. In recent years, it has initiated a profound restructuring of its textile sector for the on-site transformation of the raw material, building industrial complexes, thanks in part to foreign investments. Italian exports of textile machinery to Uzbekistan in 2009 amounted to 4.2 million euros.

Turkmenistan, for its part, is taking steps towards enabling its textile industry to compete on international markets, and is looking for partnerships with major global suppliers of textile technology. This is attested by the fact that in 2009, in spite of the economic crisis, Italian exports of textile machinery to Turkmenistan reached 36 million euros, compared to around 2 million euros the previous year, thus becoming the sixth most important market for Italian machinery manufacturers in this sector.

“Emerging at a global level in the textile industry” continues Salmoiraghi “requires first and foremost an updating of technology for competing with countries whose technology level is already at a more advanced state. The aim of this institutional mission is to create a favourable context for partnership between our industry and that of the two Countries visited.”

“This will be achieved by presenting our technology and products to local entrepreneurs, as well as by establishing contacts with local governmental institutions, such as the Minister for the Textile Industry in Turkmenistan, Mrs. Aynabat Babayeva, and other organisms who still bear a large influence in disseminating and deciding industry strategies.”

Part of this effort includes the participation of Italy's delegation at the 2nd Investment Forum in Turkmenistan (next 19th October in Ashgabat), where ACIMIT's President will be invited among the international speakers.

The following Italian companies are taking part in this institutional mission: Fadis, Marzoli, Plm Impianti, Reggiani, Salmoiraghi, Savio, Texera.

ACIMIT - the Association of Italian Textile Machinery Manufacturers

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Steve Cole
Xerium Technologies

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Karan Arora
Karan Arora

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Rupa Sood and Sharan Apparao
Nayaab

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

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:
May 2017

May 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