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Italy is reshoring production back

The phenomenon of back-reshoring is spreading all around the world: from Europe to the US. A growing number of companies is opting for shifting production from low-cost manufacturing countries back home. Almost two hundred U.S. companies have decided to move back either part or the entire production line. The experts are already talking about rebirth of the national manufacturing industry.

In the global rankings, Italy comes in second place, in terms of back-reshoring, especially in the textile industry. This phenomenon has began after the 2008 financial crisis and has been particularly strong in Italy with respect to France, Great Britain and Germany. This trend is a good predictor of the direction Italian economy could be following in the next years.

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Fonte: This is Italy

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