State of the Industry Report 2019: Italian textile machinery: first quarter orders in decline

The order index for Italian textile machinery carried out by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for 2019 January-March period ranging from January to March 2019 dropped 3% compared to the same period of the previous year. Italian textile machinery manufacturers thus recorded declining orders on foreign markets, where orders fell by 11%. On the domestic front, orders increased by 84% compared to the first quarter 2018. ACIMIT President Alessandro Zucchi commented, “The domestic market is experiencing a dynamic showing similar to late 2017. Investments in the