Economy Of Coimbatore
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Economy Of Coimbatore
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 enterprise gdp(gross domestic product) of Coimbatore city is around $45 billion in 2021.It is second largest city by GDP in Tamil Nadu. The city has four special economic zones EZ ELCOT SEZ, KGISL SEZ, SPAN Venture SEZ, Aspen SEZ and at least five more SEZs are in the pipeline. In 2010, Coimbatore ranked 15th in the list of most competitive (by business environment) Indian cities. Coimbatore has trade associations like CODISSIA, COINDIA and COJEWEL representing industries in the city. Coimbatore also has a 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 Indust ...
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Tirupur
Tiruppur or Tirupur ( ) is a city in the Indian state of Tamil Nadu. Tiruppur is the administrative headquarters of Tiruppur district and the fifth largest city as well as an urban agglomeration in Tamil Nadu. Located on the banks of Noyyal River, it has been ruled at different times, by the Early Pandyas, Medieval Cholas, Later Cholas, Mysore Kingdom and the British. It is about southwest of the state capital Chennai about east of Coimbatore south of Erode and north of Dharapuram. Tiruppur is administered by municipal corporation which was established in 2008 and the total area of the corporation is 159.6 km2 divided into 60 wards. The total population of the city as per the 2011 census is 877,778. Tiruppur is a part of the Tiruppur constituency that elects its member of parliament. Tiruppur is a major textile and knit wear hub contributing to 90% of total cotton knit wear exports from India. The textile industry provides employment to over six lakh people and co ...
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Titan Company
Titan Company Limited is an Indian company that mainly manufactures fashion accessories such as jewellery, watches and eyewear. Part of the Tata Group and started as a joint venture with the TIDCO, the company has its corporate headquarters in Electronic City, Bangalore, and registered office in Hosur, Tamil Nadu. Titan company commenced operations in 1984 under the name Titan Watches Limited. In 1994, Titan diversified into jewellery with Tanishq and subsequently into eyewear with Titan Eyeplus. In 2005, it launched its youth fashion accessories brand Fastrack. The company is the largest branded jewellery maker in India, with more than 80% of its total revenues coming from the jewellery segment. As of 2022, Titan has a 6% market share in India's jewellery market. As of 2019, it is also the fifth-largest watch manufacturer in the world. History 1984–1990 Titan Company Limited was inaugurated on 26 July 1984 under the name Titan Watches Limited in Chennai. A plant was set up ...
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ARGO-HYTOS
The ARGO-HYTOS Group produces and develops components and systems for the hydraulic industry. Its headquarters are in Switzerland and production sites are in Germany, Czech Republic, India, China and Brazil. History The present ARGO-HYTOS group has its seeds in the former company Argo GmbH for precision mechanics. It was established in Stuttgart on July 7, 1947, at the request of Herbert Kienzle, the managing director of the Kienzle Apparate, and has developed from the former sales company for Kienzle-Taximeters. Argo originally was a brand name of the predecessor company Kienzle Apparate for manufacturing of taximeters, referring to the Greek legend of Jason and his incredibly fast ship. An autonomous production program for magnetic filters and strainers was developed; in 1952 Argo received a patent for magnetic filters. The product portfolio was expanded to hydraulic filters for the mobile and industrial hydraulics, which were produced in a former cigar factory in Kraich ...
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Suzlon
Suzlon Energy Limited (NSE:SUZLONEQ, BSE:532667) is an Indian multinational wind turbine manufacturer based in Pune, India. It was formerly ranked by MAKE as the world's fifth largest wind turbine supplier.Source: MAKE Report: Global Wind Turbine OEM 2013 Market Share. History In 1995, founder Tulsi Tanti was managing a 20-employee textile company. Due to the erratic availability of power locally, and its rising costs, the highest business expenditure after the raw materials was electricity. The cost of electricity also offset any profits made by the company. After providing electricity for his own company, Tanti moved into wind energy production as a way to secure the textile company's energy needs, and founded Suzlon Energy. Suzlon adopted a business model wherein clients would be responsible for 25% of the up-front capital investment and Suzlon would arrange the remaining 75% on loan. Initially, banks were hesitant to fund loans for this model, but by 2008, many Indian ban ...
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V-Guard Industries
V-Guard Industries Ltd, is an Indian electricals and home appliances manufacturer, headquartered in Kochi and the largest in the state of Kerala with an annual turnover of billion ( million) in financial year 2017–18. The company manufactures voltage stabilizers, electrical cable, electric pumps, electric motors, geysers, solar water heaters, electric fans and UPSs. It was founded in 1977 by Kochouseph Chittilappilly as a small voltage stabilizer manufacturing unit. Kochouseph Chittilappilly also founded other establishments held as subsidiaries such as V-Star Creations, an Indian manufacturer of innerwear for men, women, and children, and Wonderla, a chain of amusement parks in South India. History V-Guard is a consumer goods company with diversified product offerings. Headquartered in the city of Kochi, Kerala, the company has over 500 distributors, 40,000 retailers and 31 branches across India as of March 2019. It is listed with the NSE and BSE since 2008. Over the year ...
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Pricol
Pricol Limited (founded as Premier Instruments and Controls Limited) is an automotive components and precision engineered products manufacturer based in Coimbatore, India. It was founded in 1972 by the late V.N. Ramachandran and N.Damodaran, but started production in 1975. It manufactures automotive components for motorcycles, scooters, cars, trucks, buses, tractors and Off-road vehicles used in the construction and Industrial segment. Pricol also manufacture sintered components and products for fleet management. Vijay Mohan is the chairman, Vikram Mohan is the Managing Director and Vanitha Mohan is the vice chairman. Locations Pricol Limited has six manufacturing plants in India, Plants 1,3 and 4 in Coimbatore, Plant 2 in Manesar and Plant 5 in Pune and Plant 6 in Rudrapur. The company also has plants in Jakarta (Indonesia) and Sao Paulo (Brazil) and business offices in Tokyo, Singapore, Cologne (Germany) and Detroit (USA). Pricol also acquiesced a group company PMP of Ashok ...
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Konecranes
Konecranes Oyj (KCI Konecranes prior to 16 March 2007) is a Finnish company, headquartered in Hyvinkää, which specialises in the manufacture and service of cranes and lifting equipment as well as the service of machine tools. The firm produces about one in ten of the world's cranes, of which around 80% are for use in factories, the rest at ports. The company was initially a division of KONE, who began to manufacture cranes and hoists in the 1930s, but was spun off as an independent company in 1994 when KONE underwent extensive restructuring. The firm listed on the Helsinki Stock Exchange two years later and has since grown to become a constituent member of the benchmark OMX Helsinki 25 index. Konecranes is arranged into two business divisions - Equipment and Service (covering crane maintenance, safety Safety is the state of being "safe", the condition of being protected from harm or other danger. Safety can also refer to the control of recognized hazards in order to achie ...
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