Information technology, engineering and textiles have always had a significant influence in the
economy of Coimbatore. And due to its extensive textile industry, it is also called the Manchester of South India. This city is home to small, medium and large textile mills, along with a number of textile research institutes. However, due to the pandemic,
Coimbatore’s manufacturing sector took a beating, which led to unutilized capacities, job losses, and financial stress. But as the new year begins, the industry hopes for measures from the government for demand to revive.
“Since June-July, it was not just the automobile sector, but many other sectors that started seeing a slowdown. It has affected jobs and working capital availability for industries, especially the Micro, Small and Medium-scale Enterprises (MSMEs),” says R. Ramamurthy, President of Coimbatore District Small Industries Association. “The MSMEs in Coimbatore are facing 30 percent to 40 percent slowdown and nearly 40 percent capacities remain unutilized. We are unable to meet the overheads,” he adds.
Delving Deep into Coimbatore Manufacturing Industry
Textile Industry
Coimbatore region is famous for the quality of its cotton and dyed fabric, wherein, a large produce of the manufacture is exported to different countries.
Hence, due to its quality, some of the best known global brands in textile machinery and component manufacturing are enterprises from Coimbatore. If we look back at the history, even during the late 1800s, Coimbatore district had cotton cleaning and pressing factories which exported products to Mumbai and England.
Auto components
When talking about the auto component industry, Coimbatore has emerged as one of the most trusted outsourcing destinations. Readily availability of resources and skilled technical talent, has been the most significant factor in the growth of the auto component industry in Coimbatore. Because of this, numerous auto component manufacturing companies are OE partners to multinational brands. Robert Bosch GmbH, PRICOL, Craftsman Automation and Roots Industries, are some of the auto component makers in Coimbatore.
Wet grinders
Various types of wet grinders are manufactured and sold all over India and abroad from Coimbatore. The city has more than 700 wet grinder manufacturers. Due to this, a geographical indication has been termed as ‘Coimbatore Wet Grinder’ for wet grinders manufactured in Coimbatore. Moreover, this place is also home for the manufacturers of mixers, grinders and its allied products.
Pump manufacturing
As the pump city of Asia, Coimbatore has a large number of small scale engineering companies, wherein, the first motor to be manufactured in India came from a small engineering shop in Coimbatore. This makes up the largest engineering activities in the city and holds a major portion of the total Indian market share. Mahendra Pumps, Aquasub engineering, Suguna pumps, Deccan Pumps, Sharp Industries, are some of the major pump manufacturers in Coimbatore.
Jewelry and gems manufacturing
As a home ground for numerous jewelry manufacturing companies and goldsmiths, Coimbatore is also one of the major gold jewelry manufacturing hubs in India. With robust retail chains, the city is home to a number of companies manufacturing jewelry making machinery. Moreover, this city is also a major diamond cutting and polishing centre in South India.