Coimbatore industries welcome plans to develop pump and foundry sectors
1 week, 2 days ago

Coimbatore industries welcome plans to develop pump and foundry sectors

The Hindu  

The industry associations in Coimbatore district have largely welcomed the announcements in the Tamil Nadu Budget presented on Friday. The Coimbatore District Small Industries Association welcomed the plans to establish a Centre of Excellence for Advanced Pump and Motor technologies in Coimbatore, develop semiconductor manufacturing parks in Sulur and Palladam of each 100 acres in collaboration with US, Singapore, Malaysia, and Taiwan to propel the economic growth of Coimbatore region, establish new industrial estates by SIDCO at nine locations at ₹366 crore, and disbursement of ₹2.5 lakh crore bank loans to MSMEs. According to the Southern India Engineering Manufacturers’ Association, centres of excellence for pumps and foundries will be used to boost research and development to tap the international market and replacement of inefficient pumps worth ₹675 crore and Combined Water Supply Scheme worth over ₹6,500 crore is expected to spur demand in pumpsets and thereby the foundry industry. The Indian Pump Manufacturers’ Association said the centre of excellence for pumps will enable the industry to make high value pumps and make Coimbatore the pump city of the world. According to the Coimbatore Tirupur District Micro and Cottage Enterprises Association, while measures to develop industrial training institutes will benefit the industry, there is no announcement on reducing the electricity charges.

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History of this topic

Coimbatore’s small foundries struggle to be cost competitive
3 weeks, 5 days ago

Coimbatore’s small foundries struggle to be cost competitive

The Hindu  

Rising costs of power, labour and raw materials have dented the competitiveness of the 400-and-odd small-scale foundries in Coimbatore city and nearby areas. A. Shiva Shanmughakumar, president of the Coimbatore Tiny and Small Foundry Owners’ Association, said the foundries are operating only 60%-70% of the capacity as they are unable to compete with the foundries in Gujarat, West Bengal, and …

MSMEs welcome measures announced in the Budget to give thrust to the sector
1 month, 3 weeks ago

MSMEs welcome measures announced in the Budget to give thrust to the sector

The Hindu  

Majority of the Micro, Small and Medium-scale Enterprises across industrial verticals in Coimbatore district have welcomed the announcements in the Union Budget. According to M. Karthikeyan, president of the Coimbatore District Small Industries Association, there were several announcements for the MSMEs that will give a thrust to the sector. The Southern India Engineering Manufacturers Association president Mithun Ramdas said extension …

G.O. issued for expansion of Coimbatore Corporation integrating 14 local bodies
2 months, 3 weeks ago

G.O. issued for expansion of Coimbatore Corporation integrating 14 local bodies

The Hindu  

The Tamil Nadu government has issued a directive to incorporate 14 local bodies into Coimbatore Corporation, citing significant population growth and industrial expansion in the surrounding areas. 201, dated December 31, 2024, issued by the Municipal Administration and Water Supply Department, officially initiates the process to expand Coimbatore Corporation’s jurisdiction. Substantial commercial and industrial growth further supports their inclusion within …

Chamber seeks measures to improve livelihood of farmers in Coimbatore region
6 months, 2 weeks ago

Chamber seeks measures to improve livelihood of farmers in Coimbatore region

The Hindu  

The Indian Chamber of Commerce and Industry, Coimbatore, has urged the State and Central governments to set up a factory to produce bamboo, banana, and hemp cotton fabrics to increase the share of agriculture in the textile sector and help increase the livelihood of farmers. The Tamil Nadu government should lift the ban on toddy as it will improve the …

Coimbatore’s economy will get a thrust with expansion of airport, cricket stadium: MP Ganapathi P. Rajkumar
9 months ago

Coimbatore’s economy will get a thrust with expansion of airport, cricket stadium: MP Ganapathi P. Rajkumar

The Hindu  

Expansion of the Coimbatore International Airport and the construction of a cricket stadium in Coimbatore will bring economic benefits to the district, said Ganapathi P. Rajkumar, the newly-elected Member of Parliament of Coimbatore. Inaugurating the 14th edition of Texfair, a textile machinery, accessories, and fibres exhibition organised by the Southern India Mills’ Association, Mr. Rajkumar said almost 30% of the …

T.N. Budget 2024 | IT park, multi-storeyed industrial complex, and science centre planned in Coimbatore
1 year, 1 month ago

T.N. Budget 2024 | IT park, multi-storeyed industrial complex, and science centre planned in Coimbatore

The Hindu  

The Tamil Nadu Budget 2024-25 presented by Finance Minister Thangam Thennarasu on Monday proposes a multi-storeyed industrial complex with plug and play facilities for micro units in Coimbatore. Tamil Nadu Budget announcements for Coimbatore district A grand library and science centre named after Muthamizh Arignar Kalaignar Model centre called Poonjolai with skill training, counselling, and medical examination facilities Multi-storeyed industrial …

Pumpset industry to focus on exports
1 year, 11 months ago

Pumpset industry to focus on exports

The Hindu  

Pumpset manufacturers in Coimbatore will explore opportunities in the export market as domestic demand continues to be low. D. Vignesh, president of the Southern India Engineering Manufacturers’ Association, said a delegation visited an international expo in Dubai in December last year to study the demand for pumps in the overseas market. “There is scope for exports even for some of …

Coimbatore industries hope the Union Budget announcements will revive demand
2 years, 1 month ago

Coimbatore industries hope the Union Budget announcements will revive demand

The Hindu  

Industries, especially the MSMEs, hope the Union Budget will lead to better demand in the domestic market and revive industrial production. Coimbatore District Small Industries Association president V. Thirugnanam said the Budget supported skill development, fund availability to MSMEs, and ease of doing business. Coimbatore Tirupur District Micro and Cottage Industries Association president C. Sivakumar said the Budget had several …

More industries in Coimbatore, Tiruppur into manufacturing healthcare requirements
4 years, 11 months ago

More industries in Coimbatore, Tiruppur into manufacturing healthcare requirements

The Hindu  

Over 100 units in Coimbatore and Tiruppur districts have registered on the website of MSME Department, Tamil Nadu, as manufacturers of emergency healthcare requirements. According to data available on the website, 90 units in Tiruppur and 55 in Coimbatore have registered as manufacturers of personal protective equipment kits, masks, sanitisers, cots, mattresses, ventilators and COVID testing kits. Most of the …

Coimbatore: Textile industry’s agenda for Lok Sabha aspirants
6 years ago

Coimbatore: Textile industry’s agenda for Lok Sabha aspirants

Deccan Chronicle  

COIMBATORE: The textile industrialists in Coimbatore and Tirupur region have appealed to the Lok Sabha candidates of this region to address the issues of the textile sector in their action plans and manifestoes and said they expect them to form a systematic approach to solve problems of the sector. Speaking on the textile sector, Prabhu Dhamodharan, convener of Indian Texpreneurs …

TN Budget: Progressive and growth-oriented, says various industry associations
8 years ago

TN Budget: Progressive and growth-oriented, says various industry associations

Deccan Chronicle  

TIRUPUR: The first state budget by the Edappadi K Palanisami-led AIADMK government in Tamil Nadu on Thursday has been substantially hailed as ‘progressive and growth-oriented’ by various industry associations in the Coimbatore-Tirupur region. The allocation of Rs 2,000 crore for the Tamil Nadu Infrastructure Development Fund would be helpful for the development of infrastructure in the state, which is need …

Coimbatore industry banks on new government
8 years, 10 months ago

Coimbatore industry banks on new government

Deccan Chronicle  

COIMBATORE: Captains of industry in the textile and knitwear hugs of Coimbatore and Tirupur expected the new AIADMK government to take up their long-pending demands for the infrastructure development and other issues to be addressed in the Western region. Mr D Nandakumar, president of ‘The Indian Chamber of Commerce and Industry ’ Coimbatore, said, “the ICCI here and the industrial …

60,000 cos cut output, some face closure
16 years, 5 months ago

60,000 cos cut output, some face closure

Live Mint  

Coimbatore: At least 60,000 enterprises in and around Tamil Nadu’s Coimbatore district have been forced to cut production because of a serious power shortage in the state, industry lobbies claimed. Curbs on drawing electricity for more than 9 hours a day would drag production by nearly 50% and force some 5,000 units to close by the end of the year, …

Crucial phase
17 years, 1 month ago

Crucial phase

The Hindu  

IN view of the massive transformation that Coimbatore is going through, the year 2008 will be a crucial one for the textile city. D. Balasundaram, president of the Indian Chamber of Commerce and Industry, Coimbatore, Rajesh B. Lund, managing director, Srivari Infrastructure Private Limited, and C. Muthusami, president of the Coimbatore District Small Industries Association, are unanimous that the city …

GROWING CONFIDENCE
21 years, 1 month ago

GROWING CONFIDENCE

The Hindu  

Industrial activity in Coimbatore, particularly in the textile and engineering sectors, is picking up after a period of recession, and there are reasons to believe that the resultant upswing in economic activity may be just round the corner. Coimbatore supplies over 30 per cent of all the automotive components used in the country; several companies also cater to the international …

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