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 city also houses two of the Centers Of Excellences (COE) for technical textiles proposed by Government of India, namely Meditech, a medical textile research centre based at SITRA, and InduTech based in PSG College of Engineering and Technology.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 employed 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 worth more than INR 50,000 million.

        
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 is ranked at 17th 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

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 manufatured and markted 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 to about 3000 jewellery manufacturing companies and to over 40,000 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.


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