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Coimbatore -The Ultimate Business Hub
Apr 2009
Page 1 of 2
When it comes to the leading manufacturing and industrial hubs in south India, Coimbatore conjures up as the city at the helm of business and entrepreneurship. Blessed with a highly conducive business environment, the exceptionally high entrepreneurial spirit of the dynamic business community is renowned across the country.
The Coimbatore region is home to more than fifty thousand large, medium and small scale enterprises doing thriving business over the years.
Work Culture
The city is blessed with excellent infrastructure which facilitates business as well as draws in fresh investments. What makes Coimbatore a welcoming destination for investments is the peaceful, participative and highly professional work culture which is endowed with global standards. The high quality of life and a salubrious climate round the year ensures high levels of productivity and a sense of fulfillment in the workforce. Additional to all these amenities is the presence of high order health care institutions which complete the healthy business ecology of the city.
The city beautiful has the highest density of high quality educational institutions in the country which churn out about 40 000 graduates in various disciplines. This explains the easy availability of skilled manpower which facilitates industry and entrepreneurship in the region.
The highly diversified economy of the city comprises light engineering, IT, Health care, Auto components, pumps and motors. The city has one of the six major centres for foundries in India. The IT and ITES industry thrives on the readily available skilled manpower graduating from the prestigious engineering colleges here. At present there are five IT parks and several more are in the pipe line.
Thus the region is growing at a a fast pace with several small and medium enterprises having started their operations in the region.
The City's Pride, the Textile sector
The crowning glory of the Coimbatore industry is the textile sector. Coimbatore flaunts the highest textile activity per sq km in the world and proudly accounts for 84% of the textile machinery manufactured in the country. The region is surrounded by centres specializing in spinning, weaving, power looms and knit wear. With the opening up of the textile sector, the knit wear manufacturers of Coimbatore and Tirupur are expected to double their business in the next two years. Coimbatore is on the fast track, treading a speedy march towards being labeled as the textile hub of the world.
The Hottest Auto components Destination
Coimbatore has emerged as the hottest auto components outsourcing destination in the world. Cost effective components with highest reliability, provided in the fastest turn around time are the strengths of the industry. The high concentration of readily available resources has facilitated Coimbatore to become the world's leading destination for auto components.
Setting Benchmarks in Engineering
The entrepreneurs at Coimbatore deserve all the credit for developing state-of-the-art machine tools with high accuracy. The engineering industry of Coimbatore is credited with offering customized and cost effective engineering solutions. Engineering operations began in Coimbatore with manufacturing textile motors. Thanks to the growing demand for high precision engineering, Coimbatore has evolved as the most sought after destination for pumps, cast components and industrial valves.
Foundry
The foundry industry of Coimbatore cashes in on the increasing demand for quality casting components around the world. Contemporary machines and pollution control equipment have been installed to modernize the foundries in Coimbatore.
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