Orders Exceeding Expectations At The International Textile Machinery Exhibition In Italy
Italy
The textile machinery manufacturers received more than expected orders at the international textile machinery Asia Exhibition and IEMA Asia+CITME.
The exhibition is a major textile machinery trade exhibition in Asia, held in Shanghai on 22-26 June.
For Italy companies, recovery signals in major markets are emerging.
The second international
Asian exhibition of textile machinery
China's international textile machinery exhibition closed last week in Shanghai, proving that the world's major textile manufacturing market is recovering, said Sandro, President of the Italy Textile Machinery Manufacturers Association.
In the first three months of this year, our exports to Asia increased by 41% over the same period last year.
In China, sales of textile machinery in Italy increased by 110% and increased by 78% in India.
Many of our manufacturing units have received orders at this trade fair, which is clearly showing that we are on the way to recovery.
About 100 thousand people took part in the 5 day trade fair, which proves China's
textile industry
It is not the only driving force for recovery.
In fact, a large number of commercial units from India, Japan, China, Taiwan, Thailand, Korea and Pakistan participated in the trade fair.
At the first exhibition, foreign participants accounted for only 10% of the total. At this exhibition, foreign participants accounted for 20%.
A total of 115 textile machinery manufacturers in Italy exhibited their latest products at the exhibition, which led Italy to become the third largest exhibition of the exhibition, accounting for 4000 square meters of exhibition space, second only to China (31000 square meters) and Germany (5000 square meters).
Four national sector groups in Italy have achieved extraordinary success.
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