Textile Technology section
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.
dfv media group
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.
dfv media group