Table of ContentsTop Product Based Companies in Coimbatore 1. Amazon 2. HCLTech 3. Elgi Equipments 4. Suguna Foods 5. Titan Company 6. Fanuc 7. Robert Bosch GmbH 8. Kovai co 9. Skava 10. Payoda 11. Pricol 12. Lakshmi Machine Works
Top Product Based Companies in Coimbatore
Coimbatore’s industrial growth was not a miracle. This city possessed all of the primary ingredients, such as a competitive nature that was prompted and perpetuated by society, high-quality educational establishments, and a supportive environment.
Now, the city is transforming into a driving force for modern India. The city has already started to create jobs after the pandemic and is the best among non-metros. As more product based companies set their sights on the city, the number of opportunities will only increase.
Today, we take a look at some of the top product based companies in Coimbatore.
Top Product Based Companies in Coimbatore
The following are the top Product Based Companies in Coimbatore:
Amazon.com, Inc. is a tech company based in the United States. Jeff Bezos launched Amazon in his garage in Bellevue, Washington. It began as an online bookstore and has now evolved into a wide range of product categories.
It is one of the most profitable companies on the planet in terms of revenue, with a near monopoly in certain segments.
HCLTech (previously HCL Technologies) is a multinational Indian provider of information technology (IT) services and consultancy. It is a subsidiary of HCL Enterprise. Formerly a department of HCL’s research and development division, it became a separate company in 1991 when HCL decided to enter the software services industry.
HCLTech is a Forbes Global 2000 company. With a valuation of $50 billion, it is one of India’s top 20 largest publicly listed companies.
3. Elgi Equipments
Elgi Equipments Limited (EEL) manufactures, trades, and provides after-sales support for air compressors. Originally, the business produced garage equipment such as low-range reciprocating compressors, car-washing machines, and hydraulic lifts. Eventually, the business began manufacturing lubrication equipment in technological partnership with Landwehr Germany.
As part of its modernization initiatives, the organisation committed Rs 40 crores in upgrading and expanding its production facilities, particularly those for compressors in facilities all over India.
4. Suguna Foods
Suguna Foods Private Limited is a multibillion-dollar Indian food company. Suguna Foods was established by Mr. B. Soundararajan and Mr. G. B. Sundararajan. They actually started a simple chicken farm with a Rs 5000 capital.
Suguna, which has activities in 16 states throughout India, has grown to become India’s No. 1 broiler producer, with a market capitalization of Rs.10,500 crore. It is one of the top 10 poultry businesses in the world.
5. Titan Company
Titan Company Limited is an Indian company that mostly makes fashion accessories. Subsidiary of the Tata Group, it began as a joint venture with TIDCO.
The business is India’s largest manufacturer of trademarked jewellery. Titan dominates 6% of the Indian jewellery market. The company is also the world’s fifth-largest watch manufacturer as of 2019.
FANUC is a Japanese corporation that manufactures and sells automation equipment and services such as robots and numerical control wireless systems. FANUC is an abbreviation for Fuji Automatic NUmerical Control. FANUC Corporation is the most prominent of these companies.
In 1955, Fujitsu Ltd. recruited Seiuemon Inaba to manage an organisation focused on numerical control. The Computing Control Division became independent in 1972, and FANUC Ltd. was established.
FANUC is the world’s largest manufacturer of industrial robots.
7. Robert Bosch GmbH
Robert Bosch GmbH, or commonly Bosch, is a German multinational engineering and technology corporation. Robert Bosch established the business in Stuttgart in 1886.
The corporation works in over 60 countries throughout the world through a network consisting of over 440 subsidiaries and local units.
Kovai.co is a B2B SaaS company specialising in enterprise integration and information sharing. Kovai.co gets its name from the founder’s birthplace of Coimbatore. Coimbatore was known as Kovanputhur, with a shortened form known as Kovai.
Saravana Kuma, the CEO of Kovai.co, established the business using his personal resources. Kovai.co has 5 products, 240+ teammates, and over 2000+ clients worldwide.
Skava is a technology platform for online shops that develops and maintains mobile – friendly websites, apps, and virtual shopping solutions.
Arish Ali established the business in 2002. In 2015, Infosys acquired Skava for $120m .
Skava’s customers include Fortune 500 organisations. The business has operations on three continents.
Payoda Technology Inc. is a digital transformation organisation based in the United States. In 2005, Anand Purusothaman and Karunya Sampath established the company. They specialise in the healthcare, commerce, textile, and manufacturing sectors.
Payoda serves its customers in North America, Europe, and Asia with technology solutions and products.
Pricol Limited (formerly Premier Instruments and Controls Limited) is a maker of automotive parts and precision designed products. It was established by the late V.N. N.Damodaran and Ramachandran
The business went public on the Bombay stock exchange in 1993. In India, Pricol Limited has six manufacturing sites. The organisation also has facilities in Jakarta (Indonesia)
12. Lakshmi Machine Works
Lakshmi Machine Works Limited is India’s leading maker of textile machines and CNC machine tools. Dr. G.K. Devarajulu established it. It began operations in Coimbatore with technical assistance from the Swiss textile machinery maker Rieter. The Lakshmi Mills family promotes and owns the business.
LMW’s international footprint has increased over the years, and the company now has a competitive edge not just in developing nations, but also in Europe. LMW dominates 60% of the domestic Textile Spinning Machinery Industry.
We hope this article has helped you identify the top product based companies in Coimbatore. So, if you have any comments or queries, kindly share them in the comments section.
Explore More Locations
Alternative Career Options for CA Dropouts
Have you ever wondered why some CA students choose to leave the path midway? The journey to becoming a Chartered …
Alternative Career Options for UPSC Aspirants
Are you a UPSC aspirant considering alternative career options? The journey to becoming a civil servant in India is one …