Caput Mundi Consulting Ltd

Italian Textile Machines Get Ready For ITMA 2007 In Munich 04/05/2007

The next international exhibition of textile machinery, which will take place in Munich from 13 to 20 September 2007, will see the attendance of over 350 Italian companies.

ITMA is traditionally the showcase in which the manufacturers of this sector have the opportunity to present technological innovations. A good number of Italian companies will come with a largely updated production supply, in order to meet the demands of the international visitors. The number of Italian companies attending ITMA is considerable. Exhibitors from Italy will number some 355 that, is 13% more than Birmingham in 2003.

The Munich exhibition is expected to confirm the recovery of the whole textile machinery sector worldwide, and in particular that of the Italian sector. In fact the textile machinery industry closed the year 2006 with quite positive results: production showed an increase of 5% and reached 2,680 million Euro; exports, which represent 78% of the total turnover, increased by 4% and in terms of value reached almost 2,100 million Euros. The year 2006 recorded a recovery of the Italian domestic market, where the demand for textile machines exceeded 1,150 million Euros (+4% over 2005), which reflects a still vital market; ready to receive new technological proposals.

As declared by Paolo Banfi, President of ACIMIT (the Association of Italian Textile Machine Manufacturers), “next ITMA in Munich will offer the opportunity to display the Italian machine sector with its highly competitive production, which succeeded in maintaining its leadership worldwide, notwithstanding the difficult economic conjuncture, thanks to its appreciated peculiarities such as quality, creativity, reliability, and to the high level of the offered technology”.

Promotional activity for ITMA 2007 comprises a series of articles describing the excellence of Italian technology within the various sections of textile processing (spinning, weaving, knitting, finishing, technical textiles and nonwovens).

“Our sector underwent in last years a deep transformation, but could find inside itself the motivations and the resources from which to draw the strength for resuming a winning course. It is an irrefutable fact that the textile machinery industry, with a favourable balance of trade amounting to Euros 1,520 million, is the feather in the cap of the instrumental mechanics of our Country and is at the same time a sector of strategic importance for the future of our economy”, Banfi points out.

Source ITMA