Economy
Textiles
Coimbatore houses a large number of small, medium and large textile mills. It also has textile research institutes like the Central Institute for Cotton Research (CICR)- Southern Regional station, South Indian Textiles Research Association (SITRA) and the Sardar Vallabhai Patel International School of Textiles and Management.The Coimbatore region is famed for the quality of its cotton and dyed fabric. A large produce of the manufacture is exported to different countries. Exports include knitwear, woven apparel and home furnishings.
The growth of textiles naturally led to the inception of textile machinery manufacturing. Today, some of the best known global brands in textile machinery and component manufacturing are home grown enterprises. Even in the late 1800s, Coimbatore district had cotton cleaning and pressing factories and was exported to Mumbai (then Bombay) and England. A spinning mill was established around this time and even back then, the textile industry was provided employment over 300 people. The Southern India Mills’ Association (SIMA) was established in 1933, is very active in the Coimbatore region and governs most of the textile industry in South India. SIMA has a membership spread across the southern states and protects the interests of the textile mills and its workers.
The neighbouring town of Tirupur is home to some of Asia’s largest garment manufacturing companies, exporting hosiery clothes to many countries.
Information technology and BPO
The city is the second largest software producer in Tamil Nadu, next only to Chennai. IT and BPO industry in the city has grown greatly with the launch of TIDEL park and other planned IT parks in and around the city. It was ranked one among the global outsourcing cities. Huge Companies like Aditi Technologies, Cognizant Technology Solutions, Wipro, FORD, Robert Bosch GmbH, IBM, Tata Consultancy Services, Tata Elxsi, Dell, CSS Corp and KGISL having a presence in the city.
Manufacturing Industries
Auto components
Coimbatore has emerged as one of the most trusted outsourcing destinations for the auto component industry. Several factors have contributed to this growth, including ready availability of resources and skilled technical talent. Many auto component manufacturing companies are OE partners to multinational brands. Some of the auto component makers in Coimbatore include Robert Bosch GmbH, PRICOL, Craftsman Automation and Roots Industries.
Wet grinders
Coimbatore has more than 700 wet grinder manufacturers different types of wet grinders are manufactured and marketed all over India and in abroad.The term “Coimbatore Wet Grinder” was given a Geographical indication for wet grinders manufactured in Coimbatore. Coimbatore is also home for the manufacturers of mixies, grinders and its allied products.
Pump manufacturing
Coimbatore is also called as the pump city of Asia. The City houses large number of small scale engineering companies. The first motor to be manufactured in India came from a small engineering shop in Coimbatore. Today, the pump and motor manufacturing sector is among the largest engineering activities in the city. The pump manufacturing industry in Coimbatore holds a major portion of the total Indian market share. The motor and pump industry supplies over 40% of India’s requirements. The Major Pump manufacturers Aquasub engineering, Mahendra Pumps, Suguna pumps, Sharp Industries, Deccan Pumps, CRI Pumps, Texmo Industries, PVG Industries, Flowserve, Kirloskar Brothers & KSB Pumps have manufacturing base in the city.
Jewellery and gems manufacturing
Coimbatore is one of the major gold jewellery manufacturing hubs in India. The city is home for jewellery manufacturing companies and goldsmiths.Several jewellery retail chains are based in Coimbatore or have their manufacturing base in Coimbatore.The city is home to a number of companies manufacturing jewellery making machinery. The city is also a major diamond cutting and polishing centre in South India.