ACIMIT Hosting Workshops In India
The workshops are part of ACIMIT’s “Machines Italia in India” initiative, which is supported by the Ministry for Economic Development and aimed at supporting international business activities in an area undergoing intense economic development. According to ACIMIT, India is the world’s second-largest market in terms of value for textile machinery imports. In 2011, Italian textile machinery companies exported machinery worth 133 million euros to India, which represented a 19-percent increase over the total sold in 2010.
“Our companies have been observing developments in India for some time now,” said Sandro Salmoiraghi, president, ACIMIT. “Business opportunities have multiplied, particularly in recent years, owing in part to the incentives set up by the Indian authorities to promote the modernization of local industry.”