Positive year for Italian textile machinery manufacturers

15/02/2017
Italian textile machinery manufacturers registered a 5% increase in orders in the final quarter of 2016, according to data from the Association of Italian Textile Machinery Manufacturers (ACIMIT).

Overseas orders were up 5% year-on-year, while domestic orders increased 16% compared to the same period of 2015. 

For the whole of 2016, orders were up 4%, with domestic sales rising 14% and overseas sales increasing 3%.

“The data for the index for the last quarter of 2016 confirm a year we can certainly define as positive, with an overall growing orders index,” said Raffaella Carabelli, president of ACIMIT. 
She added that Italian textile machinery manufacturers were seeing a growth in sales to Bangladesh and Pakistan, as well as to North America and Europe.