Economy of Coimbatore is heavily influenced by information technology, engineering and textiles. Coimbatore is called the Manchester of South India due to its extensive textile industry, and IT industry, small and medium scale enterprises. The GDP (gross domestic product) of Coimbatore is around $20 billion (2021). It is second largest city by GDP in Tamil Nadu.[1][2] The city has four special economic zones [SEZ], ELCOT SEZ, KGISL SEZ, SPAN Venture SEZ, Aspen SEZ and at least five more SEZs are in the pipeline.[3][4] In 2010, Coimbatore ranked 15th in the list of most competitive (by business environment) Indian cities.[5]
Coimbatore has trade associations like CODISSIA, COINDIA and COJEWEL representing industries in the city.
Coimbatore also has a 160,000 square feet (15,000 m2) trade fair ground, built in 1999. It was named COINTEC due to its hosting of INTEC (Small Industries Exhibition). 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). It is also the country's largest pillar-free hall, according to the Limca Book of Records.[6]
^"SME sector: Opportunities, challenges in Coimbatore". CNBC-TV18. 24 February 2011. Retrieved 9 May 2011.
^"Governor congratulates "Manchester of South India"". The Indian Express. 27 June 1936. Retrieved 9 May 2011.
^"Bosch picks up 1-lakh-sqft space in Kovai". Times Of India. 16 February 2011. Retrieved 30 August 2011.
^"Coimbatore Administration - District Admin". Coimbatore.tn.nic.in. Archived from the original on 5 September 2011. Retrieved 30 August 2011.
^"India - Most Competitive Cities". .hindustantimes.de. Archived from the original on 14 January 2011. Retrieved 8 May 2011.
^First pillar free trade complex
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