INDIA: Italian machinery makers back training centre
The Association of Italian Textile Machinery Manufacturers (ACIMIT) has signed an agreement to set up a training centre in India.
The facility in Ichalkaranji, which is being set up with the Dattajirao Kadam Education society's Textile & Engineering Institute (DKTE), will provide local manufacturers with free access to textile machinery for up to three years, and train them how to use it.
It will also award scholarships to three students to help them pursue their professional training.
Sandro Salmoiraghi, president of ACIMIT, said: "Through this technology training centre, ACIMIT intends to strengthen the profitable relationship which already exists with India's textile industry."
The centre will help the Italian businesses supplying machinery and the whole of Italy's textile sector, Salmoiraghi added.
The market in India is currently the third most important destination for Italian machinery exports, accounting for EUR58m worth of sales in the first half of 2012.
The technology training centre is part of a wider initiative called Machines Italia in India, which is financed by the Ministry for Economic Development (MiSE) and aims to help textile companies grow internationally.
- Why fast fashion isn't a case of one size fits all
- Sir Philip Green blamed for the collapse of BHS
- Brexit blow to global apparel industry confidence
- TPP tariff phase-out guides Vietnam sourcing plans
- Brexit Trade Focus – How a CANZ-UK FTA stacks up
- VF Corp cuts guidance as Q2 profit plunges 70%
- Ethiopia opens flagship textile and apparel park
- Teijin launches polyester hook-and-loop fastener
- Vietnam mulls wage freeze to boost competitiveness
- New Tencel fibre based on cotton waste fabrics
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- World Textile and Apparel Trade and Production Trends: the EU - June 2016
- Primark Stores Limited: Retailing - Company Profile & SWOT Analysis
- Luxury Goods Retailing in Europe, 2014-2019 ; Market & Category Expenditure and Forecasts, Trends, and Competitive Landscape