Ad Here  
Cognizant to buy out TRiZetto for US $ 2.7 Bn Marching Towards Navratna When Chennai caught up with Petro-boom... Needed – a strong machine tool industry Centre of modern industrial temples Yen for research and development Bonanza in locked lands... Aavin leads second milk revolution Tap the big land resource Safe bet on solar Farmer’s Friend TN lost several Tata projects… Changing face of Bhiwadi LMW: Spinning Success... Rise and fall of India’s calcium carbide industry Weaving knowledge and wealth Pearl city to port city Textiles: a stitch in time I scream... Power position brightens The year of resurgence... Knitting for the globe Silk city to auto city Schwing Stetter forays into tower crane business Largest blast furnace at Burnpur On the banks of Bhavani Focus on increasing ethanol production... Radiant Rajasthan... To make companies TN their home... Ports-gateways to trade... The Indian punch to global FMCG giants! High sugarcane prices crush industry The city never sleeps Kalinga Plant ready to ROLL A positive sign for Make In India Amazon runs into trouble with Karnataka government A silent revolution at Sowripalayam All that glitters… No break for growth... Give fridges and washing machines free... Health insurance on growth curve Automatic cars zip ahead... Growing industrial outpost Powering industrial dreams... Unique Tirupur water supply scheme Bitter state of the sweet sector Mediville amidst a modern industrial complex Platinum years of engineering innovation, building skills... Water, water everywhere… Sugar as a byproduct of sugar mills… Indian majors’ industrial hub Changing horizons.... Our own Silicon Valley ‘Swachh’ city... Bland skies henceforth? Queen of industrial clusters Weaving wealth... Windfall in locked lands Dynamic pricing is so destructive! Manpower for plastics... Samarapungavan and Sankarabharanam Chaos at Chettinad house Crafting spaces to excellence TEAM BUILDING AND NURTURE LEARNING… Tractor Industry in low gear
Changing horizons....
The Manchester of the South is undergoing a remarkable transformation, as it begins to date with agriculture, engineering, higher education, healthcare and textiles in a big way.

Around 1947, Coimbatore was the most industrialised city in south India with more factories in place, more labour employed and a strong educational infrastructure.

The availability of cotton in the early 20th century gave birth to the textile industry. From cotton trading and ginning, the city evolved into the largest spinning complex in India. Today, Tamil Nadu accounts for nearly half of the 2.1 crore spindles installed and around a third of looms, much of which are concentrated in and around Coimbatore.     

From textile mills, a vibrant engineering sector grew. It started with motors and components, textiles and later into highly sophisticated state-of-the-art textile machinery.


Strong social infrastructure

The town also has a formidable reputation for quality education. The reputed Tamil Nadu Agricultural University (TNAU) is a premier institution offering higher education in agricultural science, engineering and technology to thousands. Dozens of arts, science and commerce colleges are affiliated to the Bharathiar University. The Sugarcane Research Institute is another premier institution reputed for its rich contribution to productivity improvements. Apart from a strong cluster of engineering colleges including the Government College of Technology, PSG Institute and Coimbatore Institute of Technology, the city has several reputed medical colleges.

Alongside flourishes a booming services sector with rich concentration of transport and banking. Coimbatore has been enjoying full employment of its skilled and  unskilled workforce. In fact, there is a serious dearth of local labour. The region witnesses an interesting  development; workforce  in large numbers throng the region. An estimated 25,000  working in this region are drawn from outside the state with a third of them being the north and the east women. One could see such women from the Hindi heartland of Jharkhand, Madhya Pradesh and Uttar Pradesh settled in villages!

The region has evolved as a strong centre for healthcare. Multi-specialty hospitals offer high quality medical care with excellent facilities for tertiary care. The region attracts patients from far and wide. With better air connectivity there is rich potential for further expanding its reputation for medical tourism.

In recent years the city has been attracting large investments in the engineering sector. L&T has expanded here in a big way.

There was the absence of a strong IT industry. The government made a beginning by establishing a Tidel Park. The KG group began by settting up a strong cluster offering rich infrastructure services. B Ashok, educated in the US, focused on that area from 1998. KG Information Systems Pvt Ltd offers well- developed infrastructure for IT and IT enabled services. Its well-marketed campaign helped attract three reputed multinational companies – Cognizant, Dell and Robert Bosch. Today over  100,000 work in these IT complexes.

The city is well-connected by quality highways, railways and an international airport.  

Several religious heads have set up sprawling ashrams and there are well-serving old age homes.

The strong work culture and entrepreneurial spirit aided by the benign climate and copious availability of skilled workforce show the promise of Coimbatore re-gaining its reputation as among the most industrialised centres with a  wide range of economic activity.

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236