TN cities among top 10 business havens

Coimbatore city is the seventh most preferred business hub in the list of 21 business destinations in the county.

Published: 24th October 2013 01:42 PM  |   Last Updated: 24th October 2013 01:42 PM   |  A+A-

Coimbatore city is the seventh most preferred business hub in the list of 21 business destinations in the county. This is based on the survey conducted by a not for profit industry body Global Initiative for Restructuring Environment and Management (GIREM) in association with DTZ, real estates advisor. 

Bangalore topped the list with 129.56 points and Chennai secured second spot in the list with 127.84 points. “Chennai has quality human resources, but when people were given a choice they preferred Bangalore to Chennai. Bangalore has the advantage in terms of its weather, and space availability is far superior to Chennai,” Shyam Sundar, president of GIREM told Express over the phone on Wednesday.

“The positive aspect of Coimbatore city is its human resource capital and its education system which are far superior to those in many other cities. In fact, Tamil Nadu and Karnataka have very developed educational system like engineering,” he said. 

“The negative aspect is that the city does not have a long term vision for creating socio-economic infrastructure in a planned manner. Another aspect is that the city does not market itself enough as a business hub,” he said.

The ranking was done on the basis of various economic, environmental and cultural parameters like human capital, energy, water, mobility or transport, environment, health and safety, schools and colleges, housing, healthcare, ability to attract talent, climate, office space availability, malls and multiplexes, helping hands available (support service for office and living), infrastructure for helping hand, city culture and getaways.

Coimbatore scored a total of 119.84 out of total 160 points. Coimbatore city scored high on its water index, its human capital, the availability of helping hands and ability to attract talent. It got a fair score in environment, health and safety, climate, getaways and the availability of schools and colleges in the city, the report said. “The office space availability, malls, infrastructure for the helping hands, city culture got lower scores. Energy and mobility services are poor and need urgent attention to keep the city in the top 10,” it said. 

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