Advertisement

Strong ITMA Asia presence for knitting sector

Share
Share

Shanghai - With seven months still to go
before next year?s ITMA Asia + CITME exhibition, potential exhibitors in the
knitting halls now account for about a fifth of the total space.

To-date, applications grossing over 95,000
square metres, more than 95% of the exhibition space available, have been
received from over 1,000 exhibitors with knitting, garment making and textile processing forming around 20% of exhibit space. So far, spinning constitutes around 30% of space, followed by finishing (25%) and weaving (15%).

In terms of regions, Chinese manufacturers
so far make up the biggest country group, booking almost half the available
space while between them, European and Japanese manufacturers have taken up
more than 35%.

Welcoming the enthusiastic response for the
second combined exhibition, Mr Edward Roberts, President of CEMATEX, the
European Committee of Textile Machinery Manufacturers, said that both China and
India were major textile manufacturing centres and their positive economic
growth was extremely good news for the industry. ?We are delighted with the
response to our exhibition,? he said. ?It proves that there is great need for
an industry-leading platform in Asia where
established textile machinery manufacturers can promote their products and
services and network with their customers.?
The United Nations has predicted that the world economy will bounce back
in 2010 with a global growth rate of 2.4%. It has also highlighted that
economic growth in 2010 will be strongest in developing countries, particularly
in China and India, which
are expected to grow at 8.8% and 6.5% respectively.

?The combined show is an excellent platform
to reach Asian buyers,? added Mr Gao Yong, President of CTMA (China Textile
Machinery Association). ?Even though economic conditions may be difficult at
the moment, textile makers recognise that it is even more critical for them to
invest in better technological solutions and to upgrade their facilities.

"In fact, the Chinese textile industry
has shown resilience despite the financial crisis, due to its policy to
accelerate the pace of adoption of technology, increase worker productivity,
and implement quality management standards.?

According to the China National Textile
& Apparel Council, between January and December 2009, China made
investments totalling 241.8 billion yuan in the textile industry, an increase
of 7.9% over the same period last year.

With applications for space still streaming
in for the combined show, organisers said there was now very little left in the
nine halls, which offer a total of 100,000 square metres of exhibition space,
and the show is expected to be sold out before the end of 2009.

ITMA ASIA + CITME will be held at the
Shanghai New International Expo Centre from 22 to 26 June 2010.

The show is owned by CEMATEX and its
Chinese partners - the Sub-Council of Textile Industry, CCPIT (CCPIT-Tex),
China Textile Machinery Association (CTMA) and China Exhibition Centre Group
Corporation (CIEC). It is organised by Beijing Textile Machinery International
Exhibition Co Ltd and co-organised by MP International Pte Ltd. The Japan Textile Machinery Association
(JTMA) is a special partner of the combined show.

Those interested in exhibiting or visiting
ITMA ASIA + CITME can obtain more information from www.itmaasia.com or
www.citme.com.cn

Share

Recommended

Latest Magazine

Features
Gildan’s latest sustainability report outlines progress in cotton sourcing, resource efficiency and certification across its vertically integrated supply chain.
For knitting and hosiery manufacturers, emphasis was on high-efficiency production systems, energy-saving machinery, and automation-led solutions.
New Textile Innovation Center brings warp knitting, warp preparation and technical textile development together in a single, application-oriented facility.
News
Cixing acquires Stoll brand
BTMA backs global growth
Shima Seiki showcases technology and design at Pitti Filati

Other publications from MCL News & Media

Scroll to Top
Generic filters
Filter by Categories
Logo

Our free newsletter showcases the very best of our journalism, delivered to you twice a week

Advertising
With Us

Help to support the purpose-led work of our team of journalists, international correspondents, and partners – and expose your product or service to our global readership.

Logo

Our free newsletter showcases the very best of our journalism, delivered to you twice a week