State of the Industry Report: Italian Textile Machinery - Growth Trend for 2016. The Challenge Launched by Industry 4.0

There’s innovation in the future of the Italian textile machinery, thanks in part to the stimulus provided by Industry 4.0, as stated at the Assembly held by the industry association ACIMIT by President Raffaella Carabelli, presenting the figures for the sector. In 2016, Italy’s production of textile machinery rose 5% compared to 2015, thereby reaching a value of 2.7 billion euros. During the same period, exports grew by 4%, amounting to 2.3 billion euros. This reinforces the positive trend already observed in 2015, and is the result of a substantial confirmation of the state of foreign