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Industrial land Italian Manufacturing – Continuing To Punch Above Its Weight
Even though Italy doesn’t have the cheap labor force or natural resources to make it manufacturing powerhouse, the goods that it exports perform well and are renowned for their quality.
Italy’s most famous exports are fashion, cars and engineering. However, its name is also regularly associated with industries such as wine, ceramics and chemicals too.
Of course, fashion is the first thing that comes to mind for most people when they think of Italian products. The fashion industry there first shone during the Renascence and, since that time, a succession of different designers have helped bring Italian fashion to forefront of world fashion.
With its brands known around the world, Italian clothing is familiar to anyone with any interest in fashion. While Italian fashion has the image of catering to the luxury market, its real success is based upon the production of casual and designer wear at affordable prices.
In addition to its clothing, Italy is also a market leader in handbags, shoes, jewelry and eyewear. Often hand-made and customized, they are second to none. A very highly developed retail distribution network for these products also aids in their popularity.
Italy’s automotive industry is one of its success stories. Fiat came to symbolize Italy’s growing economy when Italy was rising rapidly, but Italian automobiles now call to mind various names like Ferrari, Lamborghiniand Maserati.
Names like these are testament to the diversity in the range and variety of automobiles produced in Italy. Whilst their lower priced cars have struggled to compete with those being manufactured in elsewhere, sales of their higher priced ones have remained stable, and are expected to rise, not fall, in the future.
Engineering is also an important component of Italian industry. Italy leads in various fields involving the manufacture of complex machines and their parts. Apart from automobiles, some major exports in the field are specialized machine tools, machinery and electrical goods. Focused on quality, these products have remained competitive internationally.
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