The Tamil Nadu Industrial Development Corporation has established the COSIEMA-TANCAM (Tamil Nadu Centre of Excellence for Advanced Manufacturing) centre on the Coimbatore SIDCO Industrial Estate Manufacturers Welfare Association (COSIEMA) premises. This facility aims to support micro, small, and medium-scale enterprises (MSMEs) in Coimbatore district with advanced design and simulation capabilities. Set up at a cost of 1 crore, 50% of the funding for the centre was contributed by COSIEMA.