Good start to 2017 for Italian textile machinery manufacturers

07/06/2017
Data from the Association of Italian Textile Machinery Manufacturers (ACIMIT) has shown that Italian textile machinery manufacturers registered a 24% year-on-year increase in orders during the first quarter of 2017.

This growth was driven by a 26% increase in orders from overseas markets. ACIMIT president Raffaella said the data for the first three months of the year “confirms the positive signs” for business in “various foreign markets”. 

Domestic orders increased 16% compared to the same period of 2016. “A renewed climate of enhanced trust is currently perceived in the textile sector,” Ms Carabelli said. She paid tribute to the Italian government’s “commitment to enact a range of significant incentives for the Country’s manufacturing system”, in a reference to the National Industrial Plan 4.0.