Successful VDMA Symposium in Colombia
In July 2017, seven VDMA member companies presented their technologies to the representatives of the Colombian textile industry.
In July 2017, seven VDMA member companies presented their technologies to the representatives of the Colombian textile industry. More than 100 Colombian textile manufacturers used the symposia in BogotÃ¡ und MedellÃn as an opportunity to gain first-hand information about German technology.
The VDMA member companies TrÃ¼tzschler, Groz-Beckert, AUTEFA Solutions Germany, BrÃ¼ckner Trockentechnik, Mahlo, Interspare and Saueressig participated in the business delegation trip organised by the German-Colombian Chamber of Commerce (AHK) and actively supported by the VDMA. All the companies could establish contacts with potential customers and representations and even partially conclude orders.
Furthermore, the visits to the two large multi-level textile manufacturers Artextil (design, textile printing, finishing) and FABRICATO (spinning, weaving preparation, weaving, finishing) provided insights on the state of the Colombian textile and apparel sector.
Currently, the Colombian textile industry employs 114,322 people, contributing 6.5 per cent to the gross domestic product of the country. In addition to the import surplus of almost USD 1.2 billion, the Colombian textile and apparel sector is struggling primarily against illegal imports from Asia, which are countered by the government. The import of textile raw materials should be reduced through local production with the goal to increase quality, productivity and ultimately also export. In 2016, the export ratio was a mere 15 per cent. The security situation in the country has improved in recent years.
Meanwhile, VDMA member companies plans to participate in the official German presentation at Irantex, taking place beginning of September in Tehran. The German Pavilion, initiated by the VDMA Textile Machinery, will cover 300 square meters of exhibition space. It is the first time that the German Federal Ministry for Economic Affairs and Energy (BMWi), in cooperation with the Association of the German Trade Fair Industry (AUMA), is supporting a German group participation at Irantex.
The prospects for German textile machinery in Iran are promising. In the first five months of 2017, Germanyâ€™s exports of textile machinery and accessories reached more than 27 million euros which was already more than in the entire year 2016.