100
German companies already registered for ITMA ASIA+CITME 2010 With
100 German companies already registered for ITMA ASIA + CITME
2010, “Made in Germany“ is going to be very well represented at
next year’s major event of the textile machinery industry,
taking place from June 22nd to 26th in Shanghai.
The timing of ITMA ASIA + CITME 2010 fits with improving
business conditions in Asia. After the all time low in January
and February this year, China’s textile industry has recovered
gradually. India’s textile sector seems to be coming out of the
crisis as well. Experts from India expect things to settle down
by the next two quarters.
Although being back on track again, the cost pressure on
textile producing enterprises will remain high and additional
tasks are under way since governments in Asia are adopting
stricter environmental standards. Sustainability has become an
issue textile mills have to address for cost as well as for
legal reasons. German textile machinery manufacturers are
offering solutions for higher energy and material efficiency
that can help Asian textile producers to realize substantial
cost savings thus giving them a competitive edge.
Industry professionals who are planning to visit ITMA ASIA or
to exhibit at the fair are welcome to check the VDMA website to
get an overview of the German companies that will participate.
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