"Coimbatore could be an AI City, and the foremost destination for talent looking to build careers in IT/ITeS, AI/ML, and FinTech," states a recent study made by Deloitte on behalf of FICCI which has recommendations that can assist Tamil Nadu achieve its ambitious 1 trillion USD Economy by 2030.

The study, titled 'Towards One Trillion : Accelerating Tamil Nadu's Progress to become a Trillion Dollar Economy', has suggested Tamil Nadu to focus on three strategic areas, namely 'Made in TN', 'Brand TN' and 'Led by TN' , to become a $1 trillion economy by 2030-31.


Under the focus area 'Led by TN', Deloitte said that Tamil Nadu should aspire to lead India in emerging technologies and innovation, as this would enable the state to attract investments from growing sectors and provide the state with a head-start over other economies.

Deloitte mentioned the advantages of various cities in Tamil Nadu, and it also highlighted the strengths of Coimbatore in this study.  


Sriperumbudur could be an engineering R&D hub, owing to its proximity to the automotive cluster and the upcoming aerospace park established by the Tamil Nadu Industrial Development Corporation (TIDCO). The park will house an Advanced Computing and Design Engineering Centre (ACDEC) for manufacturing/design industries in the aerospace and defence fields.


Chennai could be a Biotechnology research hub owing to the presence of TICEL Bio Park (adedicated facility constructed by TIDCO for Biotechnology Pharmaceutical R&D) in Taramani, and its proximity to the medical devices park to be set up in Oragadam.


Talking about Coimbatore, it said that Covai could be an “AI City", and the leading destination for talent looking to build careers in IT/ITeS, AI/ML, and FinTech.


Under the focus area Brand TN; it said Tamil Nadu has the potential to build an ITeS exports and Global Capability Centres (GCC), contributing up to 10 percent of the one-trillion USD target, and suggested that GCCs could be set up across Tier-2 cities, such Hosur, Salem, Tiruppur, Coimbatore, Tirunelveli, Madurai, and Trichy.


It must be mentioned that Coimbatore is known for its top-class educational institutions, and several high-ranking institutions here have introduced UG/PG programs on A.I., Machine Learning, Data Science and other tech-based courses; thus producing students with acumen in the said fields which makes the industry come here in search of these talents. These factors may have been taken into consideration by Deloitte while making suggestions that Coimbatore could become an A.I.City.