KARACHI: Mövenpick’s Ballroom here was the venue where crème de la crème of Textile Industry converged on Tuesday (7th of March) to listen to Italian Consul General Danilo Giurdanella who spoke about ITMA (world’s largest quadrennial exposition of textile machinery and garments) scheduled to take place in Milan from 8-14th of June, 2023.
Chief Guest Consul General of Italy, while speaking on the occasion, maintained that its excellence in innovation and constant R&D in the sector made Italy a market leader.
According to Consul General Danilo Giurdanella the process of internationalization and the vocation for innovation allows Italian companies to consolidate and further improve the leading position of Italy in the world textile machinery industry.
Talking exclusively to Newspakistan.tv Consul General Danilo Giurdanella said that he expected few thousand Pakistanis associated with the field of textile to attend would attend ITMA 2023.
“ITMA is the largest trade fair in the world. It is very important that it is located in Milan this year.
“It is a very big event and we hope it will bring further improvement in trade between Italy and Pakistan.”
Consul General Danilo Giurdanella, speaking at the ITMA 2023 presentation (an event organised under the patronage of the Consulate General of Italy in Karachi) stated:
“This year, ITMA will be hosted in Milan, the economic hub and one of the main cluster for textile sector in the country besides other clusters that are located in Northern and Central Italy: Bergamo, Biella, Brescia, Como, Prato, Vicenza.
“Italian textile machinery companies are situated in areas of ancient textile tradition, where an exchange of experience with end users offers a strong impetus to the constant technological upgrading of machinery.
“There are approximately 300 companies who produce textile machines and related accessories, the sector employs 12,900 workforce.
“The value of Italian production in 2021 was Euro 2.4 billion, with exports worth Euro 2 billion.
“The main destination of Italian exports of textile machines was Asia (42%), followed by Extra EU (20%) and European Union (19%).
“Pakistan is among the most relevant market for textile machinery. In 2021 the value of Italian exports to Pakistani market was 134 million Euros, while in the first three months of 2022 the value reached 17 million Euros.
“The most requested Italian machines were the finishing ones (46% of the total export towards Pakistan), followed by spinning machines (35%) and accessories (18%).
“The characteristics that distinguish Italian textile machinery sector are:
• skilled workforce that ensures a high quality of products;
• the dimensions of Italian companies that allow a quick response to the need of each customer;
• the flexibility and versatility ensure a customized production for satisfying the needs of each customer;
• the high technological level of the supply, due to the constant attention paid by Italian companies to the R&D activities and to innovative solutions.
“The process of internationalization and the vocation for innovation in the sector, allows Italian companies to consolidate and further improve the leading position of Italy in the world textile machinery industry.
“Textile is a key sector between Italy and Pakistan. In order to support the textile businesses in Pakistan, the Consulate has worked out a special arrangement together with Italian Development Committee to facilitate ITMA visitors to participate in the exhibition,” Consul General Danilo Giurdanella concluded.
President of Italian Development Committee (IDC), Italian Chamber in Pakistan Aarij Iqbal, apprised the audience on the role of IDC, and how (with the support of the Italian Consulate here) it was facilitating ITMA 2023 visitors from Pakistan.
Talking exclusively to Newspakistan.tv, Aarij Iqbal stated: “IDC has been around for a number of years in Pakistan. Since its formation the purpose and aspiration have been to attain the status of Italian Chamber in Pakistan.
“There are a number of stages. Italian Chamber system Assocamerestero exists globally and all the international chambers need to become part of it.
“This year Assocamerestero has recognized us formally and thus we have attained the status of Italian Chamber of Commerce.
“Objectives of IDC would remain the same. For the last many years our objective has been to enhance bilateral trade between Italy and Pakistan.
“We endeavor to provide as much assistance as we can to both Pakistani and Italian business communities.
“Our objectives include giving information to Italian companies about their Pakistani counterparts; Provide industrial research on different sectors; Arrange B2B meetings.
“Textile is Pakistan’s largest export-oriented sector and Italy plays a vital role in this segment.
“For centuries Italy is known for its textile machinery all over the world. And for decades Italian textile technology & know-how had been enabling Pakistani manufacturers produce quality products.“
Ms. Eileen Ng in the course of her detailed presentation on the upcoming Expo, also spoke about the impact of digitization and sustainability for the Pakistan Textile Manufacturing Industry.
The exhibition will feature over 1,600 exhibitors from 44 countries and a list of 100 companies are still waiting to be allocated space in their preferred sectors.
There are around 20 product sectors covering the entire textile and garment manufacturing value chain, including textile composites.
ITMA 2023 will be supplemented by several activities spotlighting industry innovation.