The members of the Swiss Textile Machinery Group marked their presence at the recent ITMA Asia + CITME exhibition. As per Textile Today, held from June 12-16 in Shanghai, the event had 18 Swiss exhibitors, of whom 13 were Swiss Textile Machinery member companies. Around 99 per cent of the show’s visitors were from China.
The feedback from the event was extremely positive regarding the post-pandemic future market situation, said Cornelia Buchwalder, Secretary-General, Swiss Textile Machinery. Norbert Klapper, CEO, Rieter Group, added, the textile machinery market is booming due to a catch-up effect. Orders for the first half of this year are already expected to be more than triple the level in the corresponding period of 2020, and customer feedback at the event was also positive.
The importance of the China market was also emphasized by Loepfe Brothers with its new products. Dr Ralph Menmicke, CEO, said, his company has seen a great pick-up of investments into spinning mills in 2021. Uster Technologies showcased three significant innovations that attracted interest from commercial and technical visitors.