Wednesday, October 14, 2009

100 companies already registered for of ITMA ASIA + CITME



With 100 German companies already registered for ITMA ASIA + CITME 2010, “Made in Germany“ is going to be very well represented at next year’s major event of the textile machinery industry, taking place from June 22nd to 26th in Shanghai.

The timing of ITMA ASIA + CITME 2010 fits with improving business conditions in Asia. After the all time low in January and February this year, China’s textile industry has recovered gradually. India’s textile sector seems to be coming out of the crisis as well. Experts from India expect things to settle down by the next two quarters.

Although being back on track again, the cost pressure on textile producing enterprises will remain high and additional tasks are under way since governments in Asia are adopting stricter environmental standards. Sustainability has become an issue textile mills have to address for cost as well as for legal reasons. German textile machinery manufacturers are offering solutions for higher energy and material efficiency that can help Asian textile producers to realise substantial cost savings thus giving them a competitive edge. 





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