COIMBATORE - Market Research and Opportunity Analysis Report
Report Inclusions
Geographical Analysis of a selected location| Demographical Analysis of selected location | Market Dynamics | Economical Overview | Environmental Analysis | Existing Infrastructure | Resources Availability | Market Potential - Untapped Opportunities | Potential Business Ideas and Ratings
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Executive Summary and Analysis • • • • • • • •
Coimbatore also known as Kovai and Koyamuthur, is a major city of Tamil Nadu. It is located on the banks of the Noyyal River and surrounded by the Western Ghats. Coimbatore was ranked the best emerging city in India by India Today in the 2014 annual Indian city survey. The city was ranked fourth among Indian cities in investment climate by Confederation of Indian Industry and 17th among the top global outsourcing cities by Tholons. The northern part of the city has a rich tropical evergreen forest with commercially significant trees such as teak, sandalwood, rosewood and bamboo. The soil of Coimbatore is predominantly black, which is suitable for cotton cultivation. Coimbatore houses more than 25,000 small, medium and large industries with the primary industries being engineering and textiles. TIDEL Park Coimbatore in ELCOT SEZ was the first special economic zone (SEZ) set up in 2006. Coimbatore is also referred to as "the Pump City" as it supplies nearly 50% of India's requirements of motors and pumps. Coimbatore is the largest non-metro city for e-commerce in South India.
Market Research and Opportunity Analysis Report COIMBATORE
Economical Analysis • • • • • •
Coimbatore is among the fastest growing tier-II cities in India. It is a major hub for manufacturing, education and healthcare in Tamil Nadu, The city is one of the largest exporters of jewelry, wet grinders, poultry and auto components. The "Coimbatore Wet Grinder" and the "Kovai Cora Cotton" are recognized as Geographical Indications by the Government of India. Coimbatore is the second largest producer of software in the state, next to capital Chennai. TIDEL Park Coimbatore and other Information technology parks in the city has aided in the growth of IT and Business process outsourcing industries in the city. Coimbatore is a major center for the manufacture of automotive components in India with car manufacturers Maruti Udyog and Tata Motors sourcing up to 30%, of their automotive components from the city. The city is also a major center for small auto component makers catering to the automobile industry, from personal to commercial and farm vehicles. Coimbatore has a large number of poultry farms and is a major producer of chicken eggs. The city contributes to nearly 95% of processed chicken meat exports
Market Research and Opportunity Analysis Report COIMBATORE
SWOT Analysis STRENGTHS
OPPORTUNITIES
WEAKNESSES
THREATS
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One of the largest exporters of jewelry renowned for diamond cutting, cast and machine made jewelry.
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Sister city relationship with Toledo (Ohio), which enabled exchange in the fields of arts & education between cities.
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Lack of proper waste management infrastructure.
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Underdeveloped green areas and open spaces.
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On going IT park expansion project, TIDEL park phase-ll.
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Largest non-metro city for e-commerce in south India.
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Falls under lll/lV seismic zone.
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Unregulated spread of urban sprawl could lead to haphazard development.
Market Research and Opportunity Analysis Report COIMBATORE
Untapped Business Opportunities in COIMBATORE AGRICULTURE INDUSTRY
FOOD INDUSTRY
ENERGY & CLEANTECH
• Vertically Integrated Poultry Farming
• Moringa Processing • Baked Egg Chips Manufacturing
• E-waste Recycling/ Management • Edible Cutlery Manufacturing
• Agricultural Drone Renting
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FASHION INDUSTRY
HEALTHTECH INDUSTRY
• Maternity Wear Boutique • Imitation Jewelry Manufacturing
• Medical Tourism • IV Fluids Manufacturing • Activated Carbon Manufacturing
Market Research and Opportunity Analysis Report COIMBATORE
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CONSUMER GOODS • •
Adult Diaper Manufacturing Organic Beauty Products Manufacturing
METICULOUS BUSINESS PLANS
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Market Research and Opportunity Analysis Report - COIMBATORE