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ACIMIT: new Technology Training Center in Pakistan

On November 16, 2020 the Italy-Pakistan Textile Technology Center (IPTTC) was inaugurated in Faisalabad/Pakistan at the National Textile University (NTU). The training center is the 1st of its kind for Italian textile machinery technology in Pakistan. Financed by the Italian Government and organized by the Association of Italian Textile Machinery Manufacturers (ACIMIT), Milan/Italy, the project intends to support the development of the local textile industry, by equipping the technology center with Italian machinery that will allow the local denim industry to improve the quality of the products, through ongoing research and innovation.
In 2019, the Pakistani market was the 6th largest destination for Italian exports (totaling € 80 million), and in the 1st half of 2020, Pakistan was the 3rd foreign market for Italian machinery manufacturers in the sector, just behind Turkey and China.

 

Source:
dfv media group
More information: ACIMIT

ACIMIT: Italian textile machinery orders fall again in Q3/2020

The index of orders intake for Italian textile machinery, as compiled by the Association of Italian Textile Machinery Manufacturers (ACIMIT), Milan/Italy, for the period ranging from July-September 2020 (Q3), decreased by 26% compared to the same period in 2019.
Orders to foreign markets declined by 31%, however an increase of 20% was recorded domestically compared to the Q3/2019.
The ongoing pandemic has hit the Italian textile machinery sector hard since it is traditionally driven by exports of over 80%. The severe restrictions placed on travel, especially abroad, along with uncertainty on the timing of a return to normal business conditions considering Covid-19, strongly affect production activity for the entire industry.

 

Source:
dfv media group
More information: ACIMIT textile machinery

ACIMIT: conference confirms industry downturn

The world that awaits us in this post Covid-19 era was the dominant theme discussed at the conference of the Association of Italian Textile Machinery Manufacturers (ACIMIT), Milan/Italy, held in Milan on October 6, 2020.
In 2019, Italy’s production output of textile machinery dropped by 11% compared to 2018, while exports fell 12%. The sharp decline in manufacturing activity in 2019 was common to both foreign and domestic markets in Italy. This widespread lessened demand in the main Asian and European markets has weighed heavily on machinery sales abroad, also affecting the USA and South America. A similar scenario was observed in Italy, where both imports of machinery of foreign origin and deliveries by Italian manufacturers decreased significantly.
This precarious economic situation then suffered from the strong impact brought on by the pandemic. The repercussions are highlighted by a severe scaling back in orders for Italian producers. The order index for the first 6 months of 2020 dropped 39% compared to the same period for January to June 2019; a recessionary picture that remains confirmed for the whole of 2020. A recovery towards export levels resembling those of the period prior to Covid-19 can only be expected in 2021.
The experience of recent months has brought to light the urgency of accelerating the digital transformation of businesses. ACIMIT has continued to support its associates in this development process.

 

Source:
dfv media group
More information: ACIMIT

ACIMIT: creation of a digital certification project

Regarding the digitalization of production processes, the Association of Italian Textile Machinery Manufacturers (ACIMIT), Milan/Italy, has launched a project aimed at defining a form of digital certification. This can be used by Italian manufacturers to certify the ease of integration of the machinery into the production systems of the textile customers.
The first step in this project has been the elaboration of a shared reference vocabulary for Italian textile manufacturers, which resulted in the creation of a conceptual model of machine and process production management data that can be useful for textile manufacturers in identifying and calculating related productive Key Performance Indicators (KPIs). The model was developed by the Manufacturing Group of the School of Management of Politecnico di Milano, Milan/Italy.
The project aims to build customer loyalty thanks to a common vision of machine data and an easier and more uniform integration of information derived from the machinery of different manufacturers in the operating systems of client companies.

 

Source:
dfv media group
More information: ACIMIT digitalization

ACIMIT: strong decline in Italian textile machinery in Q1/2020

In the first quarter (Q1) of 2020, the orders intake of Italian textile machinery registered a sharp drop. The Covid-19 pandemic is impacting heavily on the sector. The consequences on the orders will be more negative in Q2.
The index of orders intake for textile machines drawn up by the Association of Italian Textile Machinery Manufacturers (ACIMIT), Milan/Italy, for the period from January to March 2020 fell by 31% compared to the same period of 2019.
Order intake was negative both on foreign markets and in Italy. Orders from abroad were down 26%, while on the domestic market they marked -57% compared to Q1/2019.
Following a difficult year, the Italian textile machinery had to face Covid-19 pandemic, which led, as a first consequence, to the slowdown of the main markets in the sector, China, Turkey and India, in January 2020. Indeed in 2019 the Italian textile machinery industry observed a decrease both in production (-13%) and in exports (-14%) compared to the previous year.

Source:
dfv media group

ACIMIT: strong decline in orders in Q1/2020

In the 1st quarter of 2020, the orders intake of Italian textile machinery registered a sharp drop. The corona pandemic impacts heavily on the sector. The consequences on the orders will be more negative in the 2nd quarter 2020.
The index of orders intake for textile machines drawn up by Association of Italian Textile Machinery Manufacturers (ACIMIT), Milan/Italy, for the period from January - March 2020 fell by 31% compared to the same period of 2019. The index value stood at 72.2 basis points (2015 = 100).
Orders intake was negative both on foreign markets and in Italy. In the foreign markets orders were down 26%, while on the domestic market they marked -57% compared to the first quarter of 2019.
Following a difficult year, the Italian textile machinery had to face Covid-19 pandemic, which led, as a first consequence, to the slowdown of the main markets in the sector, China, Turkey and India, in the first month of 2020.

 

Source:
dfv media group
More information: ACIMIT

ACIMIT: Italian textile machinery orders index closes in decline for 2019

The orders index for Italian textile machinery, drawn up by the Association of Italian Textile Machinery Manufacturers (ACIMIT), Milan/Italy, for the period from October-December (Q4) 2019, showed an 8% decline compared to the same period for 2018.
Orders compiled by Italian machinery manufacturers were in negative figures both abroad and on domestic markets in Italy. An 8% slide was recorded abroad, while the drop in order collection on the domestic market stood at 7%, compared to the Q4/2018.
After a difficult year, the Italian textile machinery sector is looking to 2020 with some degree of concern. There are many unknown factors, both at an economic and political level, that do not appear in the short term to point to a recovery in demand for textile machinery in the major markets of China, Turkey and India.

Source:
dfv media group