Economy, Domestic Economy
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Italian Textile Machinery Firms to Have Strong Presence

Italian Textile Machinery Firms to Have Strong Presence
Italian Textile Machinery Firms to Have Strong Presence

The 22nd international exhibition of textile machinery, raw materials, textiles and embroidery machines dubbed IRANTEX 2016 will be held at Tehran’s International Fairground on September 3-6.

Domestic and international companies will showcase their products and services, including knitting, sewing and embroidery machines; upholstery, apparel, fabrics, nanotechnology and textile journals, according to the exhibition’s organizer, Samee Paad Novin Company, which is cooperating with Iranian textile bodies, including the Association of Iran Textile Industries.

Italian companies will exhibit their latest textile machinery at the Italian Pavilion in the forthcoming Tehran exhibition, aiming to further enhance the relationship between the local textile industry and the Italian textile machinery sector, Indian media outlet on textile industry Yarns and Fibers reported.

The upcoming IRANTEX will feature a significant contingent of Italian textile machinery manufacturers, with 25 Italian companies exhibiting in the Italian Pavilion, the common area set up by the Italian Trade Agency and ACIMIT.

Members of the Association of Italian Textile Machinery Manufacturers exhibiting at the Italian Pavilion will include: Beta Machinery, Bianco, Bonino, Caipo, Cogne, Caru, Durst, Fadis, Ferraro, Fk Group, Itema, Jk Group-J Teck 3, Laip, Marzoli, Ramallumin, Rf Systems, Santex Group, Smit, Srs, Ssm Giudici, Stalam, Tessilgomma and Zonco.

The international sanctions of the past years delayed the modernization process necessary for the Iranian textile industry to continue to be competitive within a global context, according to the Association of Italian Textile Machinery Manufacturers.

In 2004, Iran was ranked among the top 10 markets for Italian exports in the sector. After years of stagnation, Italian sales to Iran registered a recovery. In 2016, first quarter the Italian sales to Iranian market totaled €2 million, while 2015 sales were worth €8 million.

Iranian demand is spread out over all types of production, but Italian finishing and spinning machines are the primary exports.

ACIMIT represents an industrial sector comprising 300 manufacturers and producers of machinery for an overall value of about €2.6 billion, with exports amounting to 86% of total sales.

Raffaella Carabelli, president of ACIMIT, said the Italian textile machinery roadshow held in Iran from May 22 to 30 confirmed the clear concordance between Iran’s textile manufacturers and Italy’s textile machinery manufacturers.

The 27 Italian companies participating in the roadshow took part in a series of technological workshops held in Tehran, Yazd, Isfahan and Mashhad, in meetings with textile authorities and visits to local companies.

Participating companies were able to ascertain the local textile industry’s desire to resume investments, especially in Italian technology.

Yarns and Fibers has described IRANTEX 2016 as a comprehensive international trade fair for textile machinery and textile products, adding that “because of its range of products and depth of range, this exhibition is, for both exhibitors and visitors, an informative platform for the latest trends in the industry”.

Financialtribune.com