So, do you foresee any growing markets for your sector in near future?
It’s difficult to make forecasts for the future, especially since the current negative economic trend is coupled with an overcapacity in production for the textile sector. My hope is that there will be a recovery in the Countries with a strong textile manufacturing industry, thus triggering investments in new machinery and equipments.
We understand the blow Italian industry has suffered from this recession. In fact, this is the story everywhere! Another fact is, am sure you would agree too, industry cannot sit idle cursing situation. Tucking up the sleeves against this milieu, how has ACIMIT tried to cushion the blows on its industry and members?
True. Italy’s textile machinery industry has been hit hard by the global economic crisis, just like many other sectors. Given that our sector is highly export oriented, this has entailed a further worsening of business conditions overall. ACIMIT has obviously put forward a variety of requests to authorities, so that adequate support is provided to textile machinery manufacturers. A foremost concern is the need to restore normal credit conditions.
In fact, the greatest problem currently is the difficulty encountered in obtaining credit. Our Association’s lobbying efforts are aimed primarily at sensitizing both the government and banks on this issue.
And therefore, trend of resources saving product line is upbeat, isn't it? How is Italian textile machinery industry building itself on this front?
Definitley! Currently, cutting costs is the main priority for any manufacturer intending to continue to prosper, anywhere in the world. Energy savings, a reduction in the use of water, raw materials and labor are all issues tackled by Italian machinery builders in their products and services. One of the main characteristics regarding Italy’s production of textile machinery is the high level of machine customization applied. Continuous contact allows our machinery builders to adapt machinery technology to the specific needs of customers during this phase.
Mr Salmoiraghi, your association has also been promoting technical textile machinery. How do you envision growth trends in nonwovens sector? Amongst its various innovative sub sectors viz geo-textiles, medical textiles, automotive, etc., which according to you, has/will put up its best?
ACIMIT has been promoting technical and innovative textiles for a number of years now, by providing its members information on markets and products, and through ad hoc promotional activities. Above all in Western Countries, although not exclusively, these market niches represent the future for the textile industry. And a growing number of our manufacturers are shifting their production to satisfy the needs of customers working in this sector. However, it would be incorrect to think that non-woven fabrics and technical textiles are a growing market segment only in Europe and the United States. The latest technology symposiums on technical textiles organized by Italian Institute For Foreign Trade and ACIMIT in India and China revealed a fair number of relevant local manufacturers. Regarding the different sectors comprising technical textiles, it’s difficult to foresee which of these will grow more rapidly over the coming years. Currently, it would appear that the personal hygiene, medical and automotive sectors are all promising emerging markets.
Shall we lastly know by what means you would like to promote Italian textile machinery abroad? And to what extent are training, education and the upgrading of technology a part of this agenda?
For the current year, as well as for 2010, ACIMIT and Italian Institute For Foreign Trade will be promoting a great number of initiatives, in spite of the crisis. As always, our activities comprise technology symposiums aimed at the most promising foreign markets, training courses for foreign operators held in Italy, and our participation at the industry’s most prominent trade fairs. We also devote a great deal of attention to students, both Italian and foreigners, through technology awards which reward university students in a variety of foreign Countries with scholarships in Italy allowing them to visit the excellence of the Italian textile machinery industry. The first students to arrive in Italy will hail from Brazil and India.
That was fabulous and informative discourse Mr Salmoiraghi! Thanks a lot for being with us.
My pleasure too!Click here to read previous interview with ACIMIT.
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.