Interviews
Positive 2006 for textile machinery industry
02 Jul '07
3 min read
2006 was also marked by a decisive recovery on the internal market, which grew by 4%. “This is a sign,” explains Paolo Banfi, President of ACIMIT, “that the Italian textile and garments sector is once again investing, and that our country's textile industry remains competitive.”
Reflecting on the economic situation for the textile machinery sector in Italy, Banfi emphasized how the industry has benefited from an expansive world economic cycle, but that quality and the differentiation of Italian products had a positive effect overall, even with the strong Euro.
“The sector's transformation is quite evident,” continued Banfi, “and the process has not yet been concluded, but for manufacturers who have started this process there are definitely less negative variables.”
During ACIMIT Assembly, a round table discussion was held on “Europe's textile and textile machinery sectors: together to compete”. Participating in the discussion were Michele Tronconi, President of EURATEX (the European association representing the textile and garments sectors) and Ted Roberts, President of CEMATEX (the European committee comprising nine national associations of machinery manufacturers for the textile industry).
Roberts highlighted how, in spite of the fact that in recent years demand for textile machinery has shifted towards Asia, collaboration with Europe's textile sector remains fundamentally important for Western textile machinery manufacturers, in order to overcome the global market's innovative challenge.
Tronconi stressed that Europe's textile and textile machinery sectors must find new ways to cooperate. Technology platforms, such as Manutex, destined to catalyze financing from the EU 7th framework programme, can represent a profitable opportunity for materializing new ideas. The common consensus is that such opportunities can contribute to reinforcing the image of Europe's textile industry and render it even more competitive.
Reflecting on the economic situation for the textile machinery sector in Italy, Banfi emphasized how the industry has benefited from an expansive world economic cycle, but that quality and the differentiation of Italian products had a positive effect overall, even with the strong Euro.
“The sector's transformation is quite evident,” continued Banfi, “and the process has not yet been concluded, but for manufacturers who have started this process there are definitely less negative variables.”
During ACIMIT Assembly, a round table discussion was held on “Europe's textile and textile machinery sectors: together to compete”. Participating in the discussion were Michele Tronconi, President of EURATEX (the European association representing the textile and garments sectors) and Ted Roberts, President of CEMATEX (the European committee comprising nine national associations of machinery manufacturers for the textile industry).
Roberts highlighted how, in spite of the fact that in recent years demand for textile machinery has shifted towards Asia, collaboration with Europe's textile sector remains fundamentally important for Western textile machinery manufacturers, in order to overcome the global market's innovative challenge.
Tronconi stressed that Europe's textile and textile machinery sectors must find new ways to cooperate. Technology platforms, such as Manutex, destined to catalyze financing from the EU 7th framework programme, can represent a profitable opportunity for materializing new ideas. The common consensus is that such opportunities can contribute to reinforcing the image of Europe's textile industry and render it even more competitive.
Association of Italian Textile Machinery Manufacturers
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