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Italian firms to exhibit at ITMA Asia + CITME Shanghai

May 26, 2021
Italian firms to exhibit at ITMA Asia + CITME Shanghai

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 

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