Home / Knowledge / News / Textiles / Future export of textile machinery appears gloomy
Future export of textile machinery appears gloomy
16
Apr '08
The overall output of Italian machinery industry in 2007 increased by 3 percent compared to 2006 as a result of an enlargement of Italian domestic market.

Although exports of the Italian textile machines accounted for 77 percent of the total output, it was nearly similar to the figures of 2006. This was mainly because the quantity of imports from major buyers like China and India did not mark an increase.

China, the largest consumer country for Italian machinery, imported machines worth 360 million European dollars in 2007, registering a fall of 1 percent compared to 2006.

Turkey being the second in line, imported Italian textile machines worth 202 million European dollars while India being the third largest buyer of these goods, imported 135 million European dollar in 2007, down by 26 percent than the previous year.

Experts have gauged a further decline in Italian textile machinery exports in 2008 because being expensive, the importing countries may face difficulty in buying these equipments.

Fibre2fashion News Desk - China


Must ReadView All

'Knitting machines can be used for various applications'

Textiles | On 21st Aug 2018

'Knitting machines can be used for various applications'

Flat knitting machines have the potential of being used for a number...

Courtesy: Invista

Textiles | On 21st Aug 2018

Fujian Petrochemicals to use Invista's P8 PTA technology

Invista’s technology and licensing group, Invista Performance...

Indian team finds way to cut water use in textile industry

Textiles | On 21st Aug 2018

Indian team finds way to cut water use in textile industry

Researchers at the department of chemistry in Calicut University in...

Interviews View All

Top executives
Textile industry

Denimsandjeans India 2018

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search