Coimbatore city is the second largest city in the State of Tamil Nadu. Its contribution to the state’s business turnover too is second only to Chennai. The region is counted among the top 20 fastest growing centers of economic activity in the country. It is also part of the 20+ cities in the country’s Smart City plan.
The city is considered the leader in multiple industrial sectors including Textiles, Textile Machinery, Castings, especially for the automotive sector, Motors and Pump sets and Poultry. It has carved a name for itself in the hi-tech precision engineering domain as well as light engineering.
It also has a sizeable contribution to industries like Paper, Jewellery, Auto components, Aerospace, Medical Transcription, Healthcare and Instrumentation.
The Coimbatore region is also a large Agricultural trading centre. 36% of the land is used for agricultural and horticultural purposes. It boasts of the highest production of Coconut and Coir products.
What makes Coimbatore special in the entrepreneurial world?
Coimbatore is a self made city in every sense of the word. One in every four persons is involved in a business activity. The city is a magnet for new ideas and is base to thousands of businesses run by first generation business men & women.
Coimbatore is home to 5 Universities and over 300 colleges. It provides an abundance of talent to suit the needs of all kinds of Industries. Over 50% of the populace is aged under 40, thus making the city a hub of youthful energy.
Over 50% of the businesses operate in the engineering domain. Coimbatore is globally known for its prowess in engineering in general and precision engineering in particular. A comprehensive eco-system exists for all kinds of engineering needs making it an ideal destination for engineering related solutions.
The city has welcomed settlers from all over. This has given a cosmopolitan flavor to life in Coimbatore. The city is home to people speaking over 10 different languages and belonging to almost all states of the nation. In fact, over 60% of the population is bi-lingual apart from speaking English.
Coimbatore is placed almost at the central point of a hub whose spokes lead to the major cities of South India. Bangalore, Chennai and Cochin are easily connected by road. Apart from this, its elevation and location close to the Blue Mountains has endowed it with a salubrious climate all through the year, making it an ideal place to live. It also acts as a gateway to tourist destinations including Ooty, Kodai, Munnar, Allepey and Madurai.
CREATIONS OF COIMBATORE
Coimbatore and its enterprising businessmen have always overcome odds by innovating and creating new products. Whenever high import costs were a hurdle, an indigenous solution was found and thus the city is credited with many firsts in India as well as the world..
First FRP Bullet proof
helmet in the World
Wet Grinder was invented
First electric motor
in India – 1930
India’s first Formula Cars
and Formula car racing team
Automotive Timing chains,
Belts & Tensioners
5 ton fork lift
25 HP Tractor
FRP Sailing Boat
Rigid Inflatable Boats
for the Navy
for the Indian Army
100% Indigenous car
(Front wheel drive)