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Coimbatore's strategic location and cosmopolitan public are sure to lure investors. Other infrastructure facilities such as an abundant labour force (skilled and unskilled), educational institutions, hospitals, space for housing development, hotels, water, electricity and banking facilities make Coimbatore the right investment destination.
R Swaminathan
P N Pudur
COIMBATORE, despite the closure of several mills, is the best choice for industrial investment. The Confederation of Indian Industry (CII) has ranked the city the fourth best in India for professional studies.
The success of Business Process Outsourcing (BPO) and the industrial growth make the city a good place to invest in.
G Hariharan
Kovaipudur
INVESTMENT destinations need major infrastructure facilities. Coimbatore is rich in raw materials, labour, good climate and electricity - ideal for establishing textile mills, casting and electrical workshops.
IT institutions are growing and youngsters, keeping in mind that the city might develop like Hyderabad and Bangalore, are investing heavily in the IT industry.
P K Kochukuttan
Rathinapuri Post
THE magnitude of innovativeness, degree of acceptance, clarity of business objectives, sound public relations and the urge to break away from convention are scarce among the hard working entrepreneurs of Coimbatore. If they work on these factors there would be no stopping the city from being the most sought after investment destination in India.
Varun C Bhagath
Saibaba Colony
COIMBATORE possesses sound infrastructure, a congenial atmosphere and skilled labour. The untapped manpower coupled with the wherewithal to emerge as the 'de facto' investment destination draw up exciting possibilities for the city in the future. The interaction between the industry and research institutions will improve state-of-the-art technology and attract investment, which will boost the economy.
K Narayanasamy
PSG Industrial Institute
THIS city has earned the pride of place among industrial cities the world over.
It is undoubtedly an ideal investment destination for entrepreneurs. The State should take urgent steps to augment water and power supply to ensure that it maintains its reputation.
K D Viswanaathan
Thadagam Road
COIMBATORE has stood fourth in the list of business-friendly cities in the country. With the kind of spending capacity that exists, investors can put their money anywhere -- right from food chains to big industrial houses and IT parks. The strategic location of the city makes Coimbatore an ideal investors' paradise.
Rajashekaran S
Rathinapuri
THERE are many educational institutions offering service to people in and around the city. Hence, there is always demand for good enterainment places.
As far as the IT community is concerned, we should have a permanent destination, as in Chennai.
Ramya
Coimbatore
A CII-sponsored study says about 20 top IT companies consider Coimbatore as a city having good potential for future expansion. Excellent connectivity to Chennai, Hyderabad and Bangalore by road, rail and air makes it a great destination for investment. All it needs is a bit of support from the Government in developing infrastructure, which has, so far, grown mainly through private funding.
Prof. S S Ramakrishnan
PSG College of Technology
INFORMATION Technology is a growing field. A survey by Pricewater Cooper House points out that the country will export software worth Rs. 3,64,000 crore in 2008 out of which Coimbatore's contribution will be Rs. 12,000 crore. In the last financial year, the city's software exported totalled Rs. 150 crore and 20 per cent of the top 100 IT companies in the world have their branch offices in Coimbatore. Hence, it is an investment destination for the IT industry.
S Dhanaraj
TNAU campus
THIS city has excellent infrastructure facilities and is an ideal place for the development of trade, commerce and industry. If only desilting of tanks and afforestation are taken up on a war footing, Coimbatore can once again regain its lost climate and glory.
Prof. N Parthi
Avarampalayam
COIMBATORE is a safe investment destination. It does not have any major public sector industry, but still stands fourth in the CII list of fast-growing industrial destinations.
The State and Central governments should take the help of private entrepreneurs, who are in plenty, and make the city an even better investment destination.
G Kishore
R S Puram
NEW ventures and projects will be an additional boon to the city. Offers from Multi-National Companies (MNCs) and overseas investors should be welcomed. The local and State administration should play a vital role in promoting new investors and entrepreneurs. There might be constraints but ventures entered into after proper planning, and keeping in view the health and the overall progress of the community, will make the city a wonderful investment destination.
C Gopalakrishnan
Coimbatore
DUE to the bomb blasts, poor global market presence and other factors, Coimbatore has now become a poor investment destination. The Government, in close relationship with the public, should erase the existing hardships and make the town attractive for investors.
N Ramachundiran
R S Puram
THOUGH Coimbatore is ideal for any type of investment, it needs proper infrastructure and amenities. The Coimbatore-Tirupur belt can make an excellent business hub.
The area should be a well-planned suburb. Besides connecting the two cities, this hub will have easy access to industries, the airport and the Kochi highway.
T V Kalyanam
Vivekananda Road
A good organisation is centered around brainy personnel. Coimbatore has the resource, but government policies must be modified to make the city a potential investment destination.
G Sivakumar
Anna Nagar
THE State Government has been luring industrialists to set up establishments only in and around the congested capital city of Chennai.
For a change, it can invite multi-nationals to invest in Coimbatore, which has the potential, both technical and in terms of infrastructure, to give investors lucrative returns.
N Ramanathan
Ramanathapuram
INVESTMENT in real estate will reap rich rewards. Besides this, investment and setting up of utility industries like spare parts for textile machineries will fetch better money. Investment on export garment industry will also gain additional benefits to the investors.
V V Subramanian
Naryanaswami Nagar
COIMBATORE has not attracted major investors ever since the communal disturbances of 1997-1998. Entrepreneurs hesitate to start new ventures and those who have already invested their money are sitting with their fingers crossed.
Y V Visveswaran
AdvocateRamnagar
AS the city is developing at a fast pace, it is the right time for investors to enter the market. Before doing so, they should thoroughly analyse the prevailing situation.
D Benoline
Peelamedu
PROXIMITY to other business centres like Tirupur, Salem and Erode and the city's links with the textile industry in Ahmedabad have helped in capital formation. Due to a number of advantages, Coimbatore is sure to become a haven for investors.
Ritesh Vasani
Tirupur
COIMBATORE was a good investment destination until a few years ago. But with the emergence of newer players in textiles and other sectors for which the city is known, the economy has stagnated. This is only a temporary phase and would be over soon.
T K S Mani
Advocate,Thudiyalur
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