Coimbatore’s Transition to an IT Hub and Electric Vehicle Motor Manufacturing Hub

by time news

2024-01-30 13:31:01

Coimbatore excels in the fields of education, engineering and medicine and is gearing up to take a strong position in the IT sector.

Coimbatore is a fast growing IT city with huge investments and huge IT park projects. Seen as a city.

In this case, industrialists from Coimbatore have decided to explore a new sector along with this sector.

According to the latest information, 20 companies belonging to 20 small and medium industries in Coimbatore have invested about Rs. It is learned that it has signed an agreement with the government to invest 670 crores.

Apart from that, motor pump manufacturing companies here are showing interest in making parts for electric vehicles, mainly motors for electric vehicles.

Currently, 90% of the motor required for electric vehicles is dependent on China. Si’Tarc, an industrial research company, is going to carry out a study on manufacturing this motor in Coimbatore soon.

It is a research center run under the auspices of Kodisia and Seema, the major trade unions of small, micro and medium industries.

Government has been requested for financial assistance for this research. The funds are expected to be available in the first week of February. Once it is available and the research is successful, it will be easier for pump manufacturers in Coimbatore to produce motors for electric vehicles.

Coimbatore, which shook the country in the production of pumps, can produce motors required for electric vehicles in the future. If the Tamil Nadu government is on the side.

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