Economy of Coimbatore
The Trade Fair complex, one of the country's largest, was built in six months, and is owned by CODISSIA (Coimbatore District Small Industries Association).
National Textile Corporation is a company owned by the Indian government has 5 Mill units in Coimbatore.
The neighbouring town of Tirupur is home to some of Asia's largest garment manufacturing companies, exporting hosiery clothes worth more than ₹ 50,000 million.
Coimbatore has a large and a diversified manufacturing sector facilitated by the presence of Sakthi Group, Bannari Amman Group, Lakshmi Machine Works, Larsen & Toubro, Schneider Electric, General Electric, Alstom, ZF Friedrichshafen, Mahle GmbH, Konecranes, Pricol, PEEPL Automation, V-Guard Industries, Suzlon, ARGO-HYTOS, Titan, Flowserve, KSB, Makino, Messer, Gilbarco Veeder-Root, Bradken, Rieter, VWR International, Hella, Shanthi Gears, ITC Limited, ACC Cements, TTK Prestige, Kirloskar Group, Hirotec, ELGI Equipments, Roots Industries, Salzer Electronics, Mak Controls and systems, Texmo Industries, SE Electricals, FASCO Coimbatore(Factory Automation and Solutions Company) and others.
What began as a focused centre for the manufacture of textile motors in the early 1900s has today become a multidisciplinary entity that is capable of catering to voluminous demands in the international market.
Tooling Divisions were incepted primarily as captive units for manufacturing houses and have become a major engineering activity in the city today.
Several factors have contributed to this growth, including ready availability of resources and skilled technical talent.
[10] Technical Partnerships and strategic alliances with global manufacturers have given the Coimbatore auto component industry more mileage in the international market.
They successfully manufactured India's first indigenously developed diesel engines in 1972 for cars and their own CNC lathes in 1982.
Some of the countries leading auto component makers based from in Coimbatore include Pricol, Hirotec, Craftsman Automation and Roots Industry.
[14] Coimbatore is also called as the Pump City of Asia and has played a dominant role in the agricultural sector since independence and holds a major portion of the total Indian market share.
Many brands in the international market are Coimbatore based companies and the quality and technical superiority of the products has helped the sector cater to both domestic and global demands.
Gold Jewellery Industrial Park is planned to be set up at Kurichi SIDCO in Coimbatore at the cost of Rs.126 crore The city is the second largest software producer in Tamil Nadu, next only to Chennai.
Companies like Amazon, Accenture, Bosch, Blue Yonder- Subsidiary of Panasonic, Birlasoft, Cognizant, Capgemini, Dassault Systèmes, Deloitte, Ernst & Young, Flextronics, IBM, Tata Technologies, Tata Consultancy Services, Infosys, Wipro, HCL, Tech Mahindra, Mahindra Rise, MSCI, LTIMindtree, Cameron International, NTT DATA, Harman- Subsidiary of Samsung Electronics, Moody's Analytics, Hexaware, ThoughtWorks, Tessolve, Applied Materials, IQVIA, State Street Corporation, Owler, UST Global, Visteon, VWR International, Zoho Corporation, Embitel Technologies - A Volkswagen company, Hella having a presence in the city.
A French multinational company operating worldwide in rail transport markets having Asia's largest Component manufacturing facility in the city.
Government of India Press, Coimbatore is a printing agency spread across 132.07 acre campus in Press colony at Coimbatore in the state of Tamil Nadu, which is owned and managed by the Government of India and responsible for printing national and public documents.
The large-scale flour mills, which cater to all the southern states, have a combined grinding capacity of more than 50,000 MT per month.
