Fashion
Italy secures EU approval for $1.75 bn cleantech manufacturing boost
The European Commission has cleared a €1.5 billion (~$1.75 billion) Italian State aid scheme designed to expand domestic clean technology manufacturing capacity, marking a major step in advancing the EU’s Clean Industrial Deal.
The European Commission has approved Italy’s $1.75 billion State aid scheme to expand clean-tech manufacturing under the CISAF framework.
Co-financed through the Recovery and Resilience Fund, the scheme will support new capacity for net-zero technologies via grants and subsidised loans until December 31, 2030.
The Commission said the measure is necessary to accelerate the net-zero transition.
Approved under the Clean Industrial Deal State Aid Framework (CISAF), the measure will be co-financed through Italy’s Recovery and Resilience Fund and will run until December 31, 2030.
The scheme supports strategic investments that add new manufacturing capacity for net-zero technologies listed in Annex II of the CISAF. Aid will be available to firms across Italy in the form of grants, subsidised loans or blended support, the European Commission said in a release.
The Commission concluded that the measure meets CISAF requirements, noting that it provides necessary, appropriate and proportionate incentives to scale up clean technology production, reduce fossil-fuel dependence and accelerate the EU’s transition to a net-zero economy. The approval aligns with Article 107(3)(c) of the Treaty on the Functioning of the EU.
The CISAF, adopted on June 25, 2025, enables Member States to support renewable rollout, industrial decarbonisation, clean electricity for energy-intensive industries, clean tech manufacturing capacity and measures that de-risk private investment.
The Italian scheme falls under Section 6.1, which focuses on expanding strategic clean-tech production to strengthen Europe’s industrial resilience and competitiveness.
Fibre2Fashion News Desk (HU)
Fashion
Egypt’s RMG exports up 22% YoY to $2.8 bn in Jan-Oct 2025
The United States topped the list of leading export destinations, followed by the European Union (EU), Turkiye and many Arab nations.
Exports to the United States grew by 10 per cent YoY, reaching $1.08 billion during the period. Exports to Turkiye soared by 71 per cent YoY to $321 million, and shipments to Saudi Arabia more than doubled, reaching $304 million during the ten-month period.
Egypt’s exports of readymade garments were worth $2.8 billion in the first ten months in 2025—a 22-per cent rise YoY, according to the Apparel Export Council of Egypt.
The United States topped the list of leading export destinations, followed by the EU, Turkiye and many Arab nations.
The council attributed the success to investments in modernisation, capacity expansion and sustainability initiatives.
Exports to Europe totalled $717 million—a 34-per cent YoY increase. This has prompted the Council to ramp up efforts in the European market, aiming to sustain the growth momentum and further tap into new opportunities, council chairman Fadel Marzouk said.
He attributed the sector’s success to ongoing investments in modernisation, capacity expansion and sustainability initiatives over the past two years.
The country’s garment units have significantly upgraded production lines and invested in technologies to boost output and quality, he was cited as saying by domestic media outlets.
Exports have shown consistent and balanced growth throughout the year. February saw the sector’s largest spike, with exports increasing by over 30 per cent, while October continued the positive trend, with a 10-per cent YoY increase.
Marzouk expressed confidence that the sector can achieve $4 billion in exports by 2026, aiming for at least 30-per cent growth.
Fibre2Fashion News Desk (DS)
Fashion
ITMA ASIA + CITME draws 26,600 visitors from 109 countries
The exhibition saw particularly high turnout from South and Southeast Asia—together accounting for 63 per cent of visitors—with India, China, Indonesia, Singapore and Bangladesh topping the attendee list. Industry leaders praised Singapore as a strategic, efficient venue offering strong regional access and quality buyer engagement.
“We are very pleased with the overall quality of the visitors at the exhibition. Despite the current market challenges, the event exceeded our expectations. The main objective of holding this show in Singapore was to attract people from Southeast Asia and Middle East markets, and the results were truly impressive,” said Stephane Picard, sales & marketing manager at Pierret Industries.
ITMA ASIA + CITME 2025 drew over 26,600 visitors from 109 countries and 840+ exhibitors, with strong turnout from South and Southeast Asia.
Exhibitors praised Singapore’s strategic location, high-quality buyers, and strong focus on sustainability, automation and modernisation, with high satisfaction and strong sales intent.
The edition opened with Singapore’s Minister of State for Trade and Industry and for National Development, Alvin Tan, and was attended by more than 150 foreign dignitaries. A sold-out ITMA Sustainability Forum helped manufacturers navigate upcoming EU sustainability regulations and understand opportunities in green financing. Multiple workshops and delegation meetings further enriched the programme.
Survey data showed high satisfaction: 96 per cent of exhibitors viewed the show as offering a competitive advantage over other events, while 70 per cent achieved sales objectives. Visitor surveys revealed 90 per cent satisfaction in discovering new machinery and technologies, and 62 per cent expressed intent to make purchases at the show.
Technologies were arranged across the end-to-end textile manufacturing chain, with the five largest sectors being finishing, spinning, knitting, weaving, and printing and inks. Strong interest was also observed in automation, software, composites, recycling and plant operations equipment—reflecting the region’s accelerating shift towards innovation and resource-efficient production.
Officials from India and several global machinery manufacturers highlighted the exhibition’s relevance for modernisation and sustainability, underscoring the growing investment appetite across Asia’s textile hubs.
“We are impressed by the strong visitor turnout and the level of expertise we encountered during the show. The quality of discussions reflected keen interest from many Asian textile companies to invest in innovation and sustainability,” said Micol Gamba, Textile Product Marketing Director, Efi Reggiani.
“ITMA ASIA + CITME, Singapore 2025 offered a highly relevant platform for Vietnam’s textile industry. The end-to-end technologies and strong focus on automation and resource-efficient processing provided clear directions for our next stage of modernisation,” said Cao Huu Hieu, CEO, Vinatex Group.
Fibre2Fashion News Desk (HU)
Fashion
ITMA ASIA + CITME Singapore draws 26,600 visitors from 109 countries
The exhibition saw particularly high turnout from South and Southeast Asia—together accounting for 63 per cent of visitors—with India, China, Indonesia, Singapore and Bangladesh topping the attendee list. Industry leaders praised Singapore as a strategic, efficient venue offering strong regional access and quality buyer engagement.
ITMA ASIA + CITME Singapore 2025 drew 26,600 visitors from 109 countries and 840+ exhibitors, with strong turnout from South and Southeast Asia.
Exhibitors praised Singapore’s strategic location, high-quality buyers, and strong focus on sustainability, automation and modernisation, with high satisfaction and strong sales intent.
“We are very pleased with the overall quality of the visitors at the exhibition. Despite the current market challenges, the event exceeded our expectations. The main objective of holding this show in Singapore was to attract people from Southeast Asia and Middle East markets, and the results were truly impressive,” said Stephane Picard, sales & marketing manager at Pierret Industries.
The edition opened with Singapore’s Minister of State for Trade and Industry and for National Development, Alvin Tan, and was attended by more than 150 foreign dignitaries. A sold-out ITMA Sustainability Forum helped manufacturers navigate upcoming EU sustainability regulations and understand opportunities in green financing. Multiple workshops and delegation meetings further enriched the programme.
Survey data showed high satisfaction: 96 per cent of exhibitors viewed the show as offering a competitive advantage over other events, while 70 per cent achieved sales objectives. Visitor surveys revealed 90 per cent satisfaction in discovering new machinery and technologies, and 62 per cent expressed intent to make purchases at the show.
Technologies were arranged across the end-to-end textile manufacturing chain, with the five largest sectors being finishing, spinning, knitting, weaving, and printing and inks. Strong interest was also observed in automation, software, composites, recycling and plant operations equipment—reflecting the region’s accelerating shift towards innovation and resource-efficient production.
Officials from India, Vietnam and several global machinery manufacturers highlighted the exhibition’s relevance for modernisation and sustainability, underscoring the growing investment appetite across Asia’s textile hubs. Planning for the next edition is already under way, with exhibitors indicating they will return with larger booths due to robust demand.
“ITMA ASIA + CITME, Singapore 2025 offered a highly relevant platform for Vietnam’s textile industry. The end-to-end technologies and strong focus on automation and resource-efficient processing provided clear directions for our next stage of modernisation,” said Cao Huu Hieu, CEO, Vinatex Group.
Fibre2Fashion News Desk (HU)
-
Sports7 days agoAustralia take control of second Ashes Test | The Express Tribune
-
Politics6 days ago17 found dead in migrant vessel off Crete: coastguard
-
Entertainment1 week agoSabrina Carpenter recalls ‘unbelievable’ experience with pal Taylor Swift
-
Fashion1 week agoBangladesh’s economic outlook cautiously optimistic: Govt
-
Fashion4 days agoGermany’s LuxExperience appoints Francis Belin as new CEO of Mytheresa
-
Tech7 days agoWIRED Roundup: DOGE Isn’t Dead, Facebook Dating Is Real, and Amazon’s AI Ambitions
-
Politics1 week agoGen-Z battles to gain political ground after ousting ex-PM Hasina in Bangladesh
-
Politics4 days agoThailand launches air strikes against Cambodian military: army
