Industry's order intake was good in early 2022, says VDMA chief

Industry's order intake was good in early 2022, says VDMA chief
Good Prospects The VDMA sees good business prospects in the big volume markets of China, India and Turkey. Bangladesh and Pakistan developed very well. There is growing potential is in Central America due to trade agreements with the US. The EU remains a good market e.g. for technologies for technical textiles. ITMA

Janpeter Horn took charge in April as Chairperson of the VDMA Textile Machinery Association, Germany — the most important voice of the mechanical/plant engineering industry with 130 member companies. Horn, who is Managing Director of August Herzog Maschinenfabrik, sees his role as that of a moderator who reconciles different interests and represents the industry's positions in international bodies.