Coimbatore is quickly emerging as a thriving major industrial hub, not only in Tamil Nadu, but throughout South India. The region, known for its traditional entrepreneurship, innovation, and engineering skills, has made significant contributions to the region's economic growth.

The Tamil Nadu government's favourable industrial policy has resulted in industries looking to the state, particularly locations like Coimbatore, for manufacturing. Tamil Nadu recently surpassed Uttar Pradesh, Karnataka, and Maharastra to take the lead in electronic exports. The Electronic exports from T.N. during 2022 – 23 touched Rs. 44,044 crores resulting in a 223% growth in the last 2 years.

The Coimbatore region traditionally strong in Textiles, Textile machinery, Motors & Pumps and Engineering sectors is now part of the Defence corridor and has several vibrant Private Sector Companies in Defence manufacturing, thanks to Central Government’s Atma Nirbhar Bharat initiatives.

There are innumerable small scale and medium scale enterprises that act as ancillary units. It also has numerous foundries and precision tool manufacturing units that supply vital parts to the domestic and international markets. The presence of a vast pool of experts, technical man power and entrepreneurs has made the city a preferred choice.