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ACIMIT on trade mission to Indonesia

ACIMIT, the Association of Italian Textile Machinery Manufacturers, participated in the Sistema Italia trade mission to Indonesia from 6-8 May, promoted by the Italian Ministries of Economic Development and Foreign Affairs, and organized by ICE – the Italian Trade Promotion Agency, the government organization which promotes the internationalization of Italian businesses abroad.

9th May 2013

Innovation in Textiles
 |  Jakarta

Sports/​Outdoor, Protective, Medical/Hygiene, Transport/​Aerospace, Clothing/​Footwear, Sustainable, Interiors, Construction, Civil Engineering, Industrial, Packaging, Agriculture

ACIMIT, the Association of Italian Textile Machinery Manufacturers, participated in the Sistema Italia trade mission to Indonesia from 6-8 May, promoted by the Italian Ministries of Economic Development and Foreign Affairs, and organized by ICE – the Italian Trade Promotion Agency, the government organization which promotes the internationalization of Italian businesses abroad.

“Indonesia is proving to be a country with solid economic growth. Its local textile industry is a dominant force in a broad competitive recovery, and Italian machinery manufacturers are looking to consolidate their presence by participating in the Sistema Italia mission, organized by ICE- the Italian Trade Promotion Agency,” the organisation said in a statement.

The mission will include B2B meetings and thematic seminars, and is said to be particularly relevant for Italy’s textile machinery sector. Indonesia’s textile industry has grown in recent years, thanks especially to a state program to re-launch the sector, through incentives for the acquisition of new machinery. According to ACIMIT, roughly 75% of existing machinery in Indonesia has been in operation for more than 10 years. The Indonesian Ministry of Industry, says 670 textile manufacturers benefitted from this program during the period from 2007-2011 and as a result, the demand for textile machinery in Indonesia has grown.

In 2012, Italy exported textile machinery to Indonesia to the value of Euro 38 million – a 30% increase compared to the previous year and only China, India and Bangladesh surpass Indonesia among major Asian markets. Indonesian demand for Italian machinery mainly focuses on finishing machines (35% of the total), followed by weaving machines (32%).

“Indonesia is one of our fastest growing markets for the textile machinery builders,” comments Sandro Salmoiraghi, President of ACIMIT. “We believe this mission will provide a further opportunity to strengthen the close ties that already link Indonesian textile manufacturers with Italian textile machinery companies.”

ACIMIT represents an industrial sector comprising around 300 companies, employing roughly 12,200 people and producing machinery to an overall value of Euro 2.4 billion, with exports amounting to 83% of total sales. According to ACIMIT, the quality of Italian textile technology is evidenced by the high number of countries in which Italian machinery is sold - around 130 countries worldwide.

“Creativity, sustainable technology, reliability and quality are the characteristics which have made Italy a global leader in the manufacturing of textile machinery,” concludes ACIMIT.

www.acimit.it

 

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