State Of The Economy 2020

Foundries in Coimbatore | State of the Economy

Foundries, the backbone of industry in Coimbatore, have a tradition of keeping pace with change. But GST has tripped them up

RA Chandroo

Roquefort in southwest France finds the expression of its soul in blue-veined cheese, Georgia in rich, tannic wines and Coimbatore in wet grinders. Not very romantic, but this appliance (with its Geographical Indication or GI tag) captures the engineering spirit of Kovai, which gave birth to this invention in 1955. Today, the city has grown to be a manufacturing hub with 12,873 registered micro, small and medium enterprises (MSMEs).