Italy : ACIMIT-ICE technological workshops in Karachi & Ho Chi Minh

A technolgical chek-up of the finishing sector in Pakistan and Vietnam was realized by ACIMIT (Association of Italian Textile Machinery Manufacturers) and ICE (Italian Institute for Foreign Trade) in the first half of 2007. The goal of this initiative is to evaluate the current state of technology in the finishing sector of some interesting market for textile machinery manufacturers.
During the check-up an Italian expert in the finishing sector, delegated by ACIMIT and ICE, visited some local companies. Subsequently a general report on the finishing sector in Pakistan and Vietnam and a specific report for each company visited on the state-of-the-art of its production capacities were realized. In 2006 the same project covered Bangladesh and Thailand.
As final step of the project at the end of November two technological workshops on Italian textile machinery industry will hold in Karachi (November 26th) and in Ho Chi Minh City (November 29th). During these workshops the Italian expert will present to the local manufacturers the results of his meetings with local companies, outlining a S.W.O.T. analysis of the sector.
Some Italian manufacturers of textile machinery for finishing process will also participate at these events, singled out on the basis of their capacity to provide concrete answers to the needs of Pakistani and Vietnamese firms.
The choice of Pakistan and Vietnam as subject of this check-up was due to the importance of these twomarkets for Italian textile machinery manufacturers. Pakistan is one of the leading foreign market for Italy, ranking as 7th. In 2006 Italian exports directed to Pakistani market reached a value of Euro 56 million. The most requested Italian machines are finishing (33%) and knitting ones (26%).

Vietnam is a promising market for many textile machinery manufacturers. The increasing exports of Vietnamese textile and clothing items allow to forecast an higher demand of new technologies.
Italy is one of the leading partner of Vietnamese textile companies in providing machinery. In 2006 Italian exports to Vietnam increased of 19% on previous year, reaching a value of Euro 10 million. The most requested Italian machines are spinning (54%) and weaving ones (21%).
ACIMIT, the Association of Italian Textile Machinery Manufacturers, brings together the majority of the country’s textile machinery companies, whose production amounts to 80% of the nation’s total.
Roughly 300 manufacturers operate in Italy, producing textile machinery and related accessories, employing 20,000 people. Industrial production in the sector amounts to Euro 2.7 billion, while exports make up Euro 2.1 billion.