State of the Industry Report 2016: Italian Textile Machinery in 2016 Closes with Growth in New Orders
![news_images/dscf0297.jpg](/sites/default/files/styles/medium/public/2023-11/dscf0297.jpg?itok=A4M5d93Z)
The orders index for textile machinery compiled by ACIMIT, the Association Italian Textile Machinery Manufacturers, for the period from October to December 2016 rose by 5%, compared to the same period for the previous year. This growth affected both the foreign markets, where the index registered an absolute value of 5% and Italy. In this case, the increase compared to the period from October to December 2015 was 16%. On an annual basis, and compared to 2015, the index registered an average increase of 4%. Domestic sales were up significantly, rising by fully 14%, confirming the vigour of the