Industry
In Coimbatore houses a large number of small and medium texitle 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 city is the second largest software producer in Tamil nadu, next only to Chennai. The software development is set to take an upswing with the launch of TIDEL park and other private IT parks around the city. The IT industry in Coimbatore is nascent compared to its textile and manufacturing industries, with Tata Consultancy Services, Cognizant Technology Solutions, Robert Bosch DELL, KGISL and CSS Corp Pvt Ltd to name a few. Coimbatore is also emerging as an IT and BPO city. Coimbatore is ranked at 17th place among the global outsourcing cities.
Manufacturing Research and Development Organisations like South India Textile Research Association, PSG and Sakthi group of Industries. Larsen and Toubro (L&T) commissioned its Casting Manufacturing Unit (CMU) near Malumichampatti. Some of the other major industries are Lakshmi Machine Works Ltd (LMW), Premier Instruments and Control Limited (PRICOL), Premier Evolvics, ELGI Equipments, Shanti Gears, Roots Industries, Indoshell are one among the major employers in the city. Coimbatore is also called as the Pump City. The first in-house car was designed and developed in 1960s.Successfully manufactured India’s first indigenously developed diesel engines in 1972 for cars and their own CNC lathes in 1982 at Coimbatore. Tamil Nadu Government owned SIDCO industrial unit is located at Kurichi in Coimbatore.
The term “Coimbatore Wet Grinder” was given a Geographical indication for wet grinders manufactured in Coimbatore and Erode.Coimbatore is also home to a common facility for the manufacturers of wet grinders. Pump manufacturing It is also called as the Pump City of India.The city also houses numerous jewellers engaged in jewellery exports. Major Wind Energy Company’s are located in and around Coimbatore.
The City houses large number of small scale engineering companies. The motor and pump industry supplies two thirds of India’s requirements, while its wet-grinder industry has a near monopoly. Agriculture is still the major occupation in the district as in any other part of the Country. General trade attracts people from all over the state including the neighbouring Kerala. The Major Pump industries Suguna pumps, Sharp Industries, CRI Pumps, Texmo Industries, Deccan Pumps & KSB Pumps are renowned world wide. Coimbatore also has a 160,000 square feet trade fair ground, built in 1999. It was named COINTEC due to its hosting of INTEC (Small Industries Exhibition). This Trade Fair complex is one of the country’s largest and is owned by CODISSIA (Coimbatore District Small Industries Association). It is also the country’s largest pillar-free hall according to the Limca Book of Records.Many Industrial and Commericial Exhibitions is held through out the year.