India’s textile sector has historically depended on Italian textile technology as a trustworthy partner. A recent promotional drive seeks to strengthen textile-related commercial links between the two nations.
Eleven Italian producers of textile machines will be present at the upcoming technological symposia that are set for April 9–12 in New Delhi and Mumbai.
The Ministry of Foreign Affairs and International Cooperation is supporting the two events, which are being hosted by the Italian Trade Agency and will give Italian companies a chance to present their most advanced technologies to a limited group of Indian textile entrepreneurs.
The textile sector is of great significance in the Indian economy, contributing more than 2% of the GDP and allowing the Country to be among the world largest exporter of textile and apparel items.
Marco Salvadè, President of ACIMIT said, “In India textile sector is steadily developing, not only in terms of traditional textiles. The strong growth in demand for technical and innovative textiles in application areas such as geotextiles and medical is another business opportunity for our industry. These symposia will provide an opportunity to highlight the supply of Italian manufacturers, who are at the forefront especially in sustainability and digitization of production processes.”
India imported textile machinery worth approximately 200 million euros from Italy in 2022. The value for the first nine months of 2023 is slightly lower than the value for the same time the year before, but the prediction for the current year is still optimistic.
Italian companies participating in the symposia, all of which are ACIMIT members, are: Autefa, Cubotex, Danitech, Lafer, Mcs, Monti-Mac, Reggiani Macchine, Salvadè, Savio, Sicam, Testa.
