From June 24-28, a delegation of Italian textile machinery manufacturers will take part in a promotional visit to Turkmenistan organised by ACIMIT and the Italian Trade Agency, with institutional and commercial meetings scheduled in the country’s capital, Ashgabat.

For the Italian textile machinery industry, the Turkmen market has high growth potential. Cotton is the country’s third largest export product and local authorities aim to develop a robust textile industry capable of processing the locally grown raw material.

Significant investments in new equipment are necessary for the success of this development programne and already, the average annual growth rate of Turkmen textile machinery imports between 2009 and 2023 has climbed by 7.3%, with a further increase anticipated.

In 2023, the demand for Italian textile machinery from Turkmen companies rocketed from €600,000 euros in 2022 to approximately €13 million last year.

“Emerging at a global level in the textile industry requires first and foremost an update of technology to compete with countries already at a more advanced stage,” says Marco Salvadè, president of ACIMIT. “The purpose of our mission is to create a favourable context for collaboration between our industry and the Turkmen textile sector. During this mission we intend to showcase our technological offerings to textile operators, but above all, deepen contacts with local institutions, which have a strong influence on defining supply chain strategies.”

The Italian companies participating in the mission are Brazzoli, Color Service, Itema, Marzoli, MCS, Reggiani, Salvadè and Santoni.

www.acimit.it