The economy of the metropolitan area of Coimbatore is heavily influenced by information technology, engineering and textiles at recent times. The city has four special economic zones (SEZ), namely, ELCOT SEZ, CHIL SEZ, SPAN Venture SEZ, Aspen SEZ and at least five more SEZs are in the pipeline.[2] Coimbatore has trade associations like CODISSIA, COINDIA and COJEWEL representing industries in the city. The Government of Tamil Nadu has proposed for setting up an Industrial park at Sulur.[3] Coimbatore also has Engineering SEZ in the outskirts of city "Aspen SEZ" spread over 376 acres. CODISSIA Industrial Park is being set up at Moperipalayam nearly 260 acres and at Kallapalayam nearly 150 acres. The city already has industrial estates owned by SIDCO at Kurichi, SIDCO at Malumichampatti, Electrical & Electronics Industrial Estate at Kalapatti and Sree Suba Ganesh Industrial estate near Kovilpalayam. The large number of engineering colleges in the region producing about 50,000 engineers.[4] Indian Railways has "Southern Railway Signal & Telecom Workshop" in Podanur which is a manufacturing unit for Electrical & Communication division of Indian Railways. "L&T - MBDA Missile Systems" is a joint venture setting up a new unit in Aspen SEZ, Coimbatore to manufacture defense products. Coimbatore urban agglomeration has more than 700 wet grinder manufacturers with a monthly output, As of 2015[update], of 75,000 units per every 100,000 produced in India.[5][6] The term "Coimbatore Wet Grinder" was given a Geographical indication for wet grinders manufactured in Coimbatore in 2006.[7] Coimbatore is also home to a common facility for the manufacturers of wet grinders.[8]
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 Coimbatore & Wipro Software Development Centre in ELCOT SEZ, KCT TechPark, Hanudev Infopark, Rathinam Technopark, KGISL Campus, Span Venture SEZ, Elysium Central and other planned IT parks in and around the city. It is ranked at[9] 17th among the global outsourcing cities. Companies like Amazon, Altran, Bosch, Cognizant, Ford, Tata Consultancy Services, Wipro, HCL Technologies, Ericsson, Cameron International, NTT DATA, Expleo, Harman, ThoughtWorks, McWane, State Street Corporation, Tessolve, IQVIA, Deloitte, Owler, Access Healthcare, UST Global, Impiger Technologies Pvt. Ltd, Pactron India Pvt Ltd and Nous Infosystems having a presence in the city. Cognizant has second largest headcount in the country with more than 15000+ employees in the city. And Bosch has the second largest development center in Coimbatore outside Germany with 5500+ employees in the city. Software export stood more than ₹15,000 crores for the financial year 2018–2019, which is second largest in the state after Chennai.[10]
TICEL Bio-Park III, a Bio-Technology Park is being constructed in 10 acres of land at Somayampalayam, Coimbatore which is set to open in Jan-2020
Due to huge demand from IT Companies for space at Coimbatore, TIDEL Park Coimbatore-Phase-II is planned to be built within ELCOT SEZ in additional 6 acres of land with 5 Lakh sq.feet space at 250 crores.[citation needed]
List
Former Suburbs incorporated into Coimbatore Municipal Corporation (2011 Census)
The Regional Transport offices in the Coimbatore metropolitan area are TN-37 (Coimbatore South), TN-38 (Coimbatore North), TN-66 (Coimbatore Central), TN-99 (Coimbatore West) and Unit offices such as TN-37Z (Sulur).