Fritz P Mayer, chairman of the association and managing partner of Karl Mayer said: “After two extremely difficult years, the German textile machinery manufacturers are guardedly optimistic for the future”
“In the last quarter of 2009, orders for German textile machinery reached a value of €555m. In January and February 2010, textile machinery worth €533m was exported, an indication of a clear likely increase in exports for the first quarter, said VDMA .
“Fifty-five per cent of German textile machinery exports, worth €1.8bn, went to Asia last year. The two big volume markets, China and India, imported German textile machinery and accessories worth about €628m and €161m, respectively, added VDMA .
“In January and February 2010, exports to China rose by 37% to €83m compared with the same period last year. Exports to other Asian countries also increased for the period on a year ago: Iran €6.8m ( 50%), Thailand €4.1m ( 42%), Vietnam €1.7m ( 35%) and Bangladesh €2.7m ( 8%), said VDMA .
“This favourable economic trend is also reflected in German participation at ITMA Asia CITME 2010. With 105 exhibitors, German textile machinery companies are said to represent the biggest European group within the CEMATEX countries .
“At ITMA Asia CITME, sustainable textile production will be the main theme for German textile machinery companies. Many textile manufacturers are studying their material flow and production process with regard to consumer protection, exhaust air and waste water, job security and resource use efficiency, according to VDMA .
“China is said to have incorporated sustainability into its five-year plan. German manufacturers at ITMA Asia CITME will show ways to substantial energy, water and material savings with pioneering technologies, said VDMA .
“The first point of contact for trade professionals interested in technology made in Germany, will be the VDMA information booth at the Association Village in Hall E1, Stand D61. Among the 26 member companies, participating in the fair as part of the national sector group, six will be located together in Hall W2 (international spinning machinery) and six in Hall W5 (dyeing & finishing). The remaining 14 member companies will be positioned individually, said VDMA..Trade professionals who wish to make contact with German exhibitors ahead of the exhibition can use “Come by and see”. This internet-based exhibition guide lists VDMA member companies exhibiting at the fair in alphabetical order. Using the contact form, visitors can arrange a meeting with the respective company at the fair. “Come by and see” will be distributed at the end of May to about 30,000 textile manufacturers in Asian markets and a printed version handed out at the VDMA information booth, said VDMA .
Date:5/7/2010
Source:Today’s Zaman