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Tuesday, 03 August 2021 17:12

Order index for Italian textile machinery rises by 214%: ACIMIT

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Italian textile machinery’s order index for April-June 2021 increased 214 per cent compared to the same period last year, shows a ACIMIT, the Association of Italian Textile Machinery Manufacturers survey. Compared to the April-June quarter in 2020 that was influenced by COVID-19 pandemic, the current value of the index was attested at 150.7 points (basis: 2015 = 100).

The index of orders intake is expected to grow by 122 per cent during the first six months of 2021 compared to the first half of 2020 in both the domestic and export markets. ACIMIT’s survey reveals substantial stability compared to the previous three months for domestic orders and a prevailing caution also abroad, where 74 per cent respondents expect order to either remain stable or decline.

ACIMIT is a private non-profit making body and its main purpose consists in promoting the Italian textile machinery sector and in supporting its activity, mainly abroad, through the most updated and innovative promotional means, constantly improved during its 70 years of life.

In order to promote the Italian textile machinery knowledge throughout the world, ACIMIT gives any kind of information on the activity of the producers and organizes a wide range of promotional activities (such as exhibitions, technical seminars, missions in Italy and abroad, etc.) most of the time in collaboration with Italian Trade Agency.