Italian firms to exhibit at ITMA Asia + CITME Shanghai

Italian firms to exhibit at ITMA Asia + CITME Shanghai

66 Italian textile machinery manufacturers will participate in the upcoming ITMA ASIA + CITME 2020. The event is set to take place in Shanghai at the National Exhibition and Convention Centre from June 12 to 16, 2021.

Sixty six
Italian textile machinery manufacturers will participate in the upcoming ITMA
Asia + CITME 2020. The event will take place in Shanghai at the National
Exhibition and Convention Centre from June 12, 2021, to June 16, 2021.

Italy is among
the main exhibiting countries attending the event, similar to the previous
editions. ITMA ASIA + CITME event is the first step towards normality, after
more than a year in which the exhibition activity was stopped.

Around 21
manufacturers will present their technology offerings within National Sector
Groups organised by ACIMIT, the Italian Association of Textile Machinery
Manufacturers and the Italian Trade Agency.

Asia is one of
the main destinations for Italian textile machinery manufacturers where China
is number one. In global terms, China comes second after Turkey. In 2020, 38%
of Italian textile machines exports went to Asia. In 2020, Italian machinery
exports to China accounted for 14% of Italian exports in the sector (over
$232.74 million). The other main destinations include Pakistan, India and Bangladesh.

Alessandro
Zucchi, President, ACIMIT said that the outlook for the Asian market remains
positive although the demand for machinery slowed considerably during 2020 due
to the pandemic and that China has resumed its path of economic growth over
others. He added that in the textile sector, investments have continued, so,
there is no lack of opportunities in the Chinese market and he believes that
ITMA Asia + CITME will confirm expectations of a recovery in demand.

The health
emergency in terms of COVID-19 still causes limitations for the full mobility
abroad of the companies’ commercial and technical staff, and not only the
Italian ones, thus preventing greater participation in this edition of ITMA Asia + CITME.

Zucchi also said
that while waiting for a return to a situation of normality with a more
numerous collective attendances at the trade fairs, he is convinced that the
Italian manufacturers exhibiting in Shanghai would be able to testify to the
high level of innovation achieved by the Made in Italy offer, proposing some
technological innovations, especially in terms of sustainability and
digitalization of the textile production process.

According to
Massimiliano Tremiterra, Trade Commissioner, Italian Trade Agency Shanghai
Office, Italian cutting-edge technology can contribute greatly in terms of
innovation and development of the flourishing Chinese textile industry and with
its high-tech and eco-friendly manufacturers, Italy is one of the most
important players in the textile machinery industry.

He said that the
top three provinces Zhejiang, Jiangsu, and Fujian, along with the Provinces
Guangdong and Shandong reach around 80% of the industry’s production
capability. Italy remains one of the leading suppliers of textile machinery for
cleaning, dyeing and finishing machines, knitting, stitch-bond, lace and
auxiliary.

He also added
that the Italian textile machinery industry focuses on sustainability and
innovation, in line with the keystones of the Chinese 14th five-year
plan and the Made in China 2025 plan and was the reason why China has become an
even more important market for Italian exports. He thinks that it is the right
time for the two countries to start a new round of trade and speed up the joint
construction of the Silk Road Economic Belt and the 21st Century
Maritime Silk Road.

ACIMIT
represents an industrial sector comprising 300 manufacturers who produce
machinery worth $ 2.20 billion of which 83% is exported.

Source – ACIMIT Press Release

Image Source: ITMA Asia Website 

Also Read:

https://indiantextilejournal.com/latest-textile-industry-news/groz-beckert-to-display-new-products-at-itma-asia-2021

https://indiantextilejournal.com/latest-textile-industry-news/st%C3%A4ubli-to-present-advanced-machinery-at-itma-asia-2021

https://indiantextilejournal.com/weave-knit/high-tech-solutions-for-the-textile-industry-in-asia

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