Orders for Italian textile machinery recorded a 15 per cent increase for the second quarter of 2015 over the same period last year. Domestic orders have risen by seven per cent compared to second quarter of 2014. Orders have made a definitive move in foreign markets, a 21 per cent increase over the same quarter for 2014.

Italy is showing signs of recovery as government incentives have contributed to this recovery. As for foreign markets, the first four months of the year confirm a recovery in various textile machinery importing countries. India, for one, has resumed its growth trend and there’s been a rise in exports to Bangladesh with EU markets also appearing to show good form. However, China has yet to show signs of recovery. Investments in machinery are still low compared to a year ago.

For years, Iran was a benchmark for Italy’s textile machinery industry. International sanctions effectively halted the flow of towards Iran. But the recent nuclear agreement opens up a window for a recovery in investments in textile technology by Iran’s textile sector. Meanwhile Italian exhibitors are preparing for ITMA 2015.