ACIMIT, the Association of Italian textile machinery manufacturers, will be exhibiting at the upcoming Myanmar Fabric & Garment Industry Show, which takes place in Yangon, Myanmar (Burma) from 15-18 March. The organisation says its attendance at the show is justified by positive developments in the local textile and garment sector.

“Within the global outlook for the textile and apparel industry, Myanmar is a country experiencing strong growth. The textile sector, and the garment segment especially, is currently attracting the attention of many Western brands as a base for their manufacturing operations, providing a strong competitive advantage and very low production costs,” ACIMIT said in a statement.

“In order to consolidate and increase their global competitive edge, local textile manufacturers deem it is necessary to focus not only on low-cost labour, but also equip their factories with machinery capable of sustaining ever increasing production levels.”

For this reason, ACIMIT says, the Italian textile machinery sector wants to be ready to grasp the business opportunities offered by this phase of transformation occurring in Myanmar. ACIMIT will therefore take part with its own booth at the 2013 edition of the Myanmar Fabric & Garment Industry Show.

“As has already occurred in other countries in the area,” explains ACIMIT’s President Sandro Salmoiraghi, “the shift in production for many established global brands and important manufacturers in the industry coincides with a qualitative leap in the technological level of the local textile and garment sector. Although sales of Italian machinery in Myanmar are not yet significant, our attendance at the trade fair aims to establish a bridge from which to enhance the penetration of Italian technology in the local market.”

ACIMIT represents an industrial sector comprising around 300 companies (employing roughly 12,400 people), which produces machinery to an overall value of Euros 2.7 billion - 80% of which is attributable to exports. According to ACIMIT, the quality of Italian textile technology is evidenced by the high number of countries in which Italian machinery is sold - around 130 countries worldwide.

“Creativity, technology, reliability and quality are the characteristics which have made Italy a global leader in the manufacturing of textile machinery,” concludes ACIMIT.

www.acimit.it