iMerit is encompassing as the company announced that the company has opened an Automotive AI Center of Excellence in Tamil Nadu’s bustling city of Coimbatore.
A Nasscom report projects that the global market for automotive AI will grow to a staggering $7.5 billion. By 2028, the market will have grown at a compound annual growth rate (CAGR) of 21.5%, bringing about a revolution in the industry.
In front of employees, guests, and senior executives from iMerit, Dr. Palanivel Thiagarajan, Tamil Nadu’s Minister of Information Technology and Digital Services, officially opened the new facility, which is the company’s twelfth location.
Over 220 employees have already been hired by iMerit in Coimbatore, and the company intends to quadruple this number in the upcoming fiscal year. To support its customers in autonomous mobility, medical AI, and technology, the company keeps investing in creating industry-leading software and AI data solutions.
With 5000+ computer vision and generative AI professionals supporting its top AI data software, Ango Hub, iMerit claims to stands out in the technology industry. The organization has maintained a 50% female workforce since its founding and has a 90% employee retention rate.
Key Comments
Dr. Palanivel Thiagarajan, Honorable Minister of IT and Digital Services, Government of Tamil Nadu, said: “This event signifies a critical milestone, illustrating the remarkable speed at which visionary leadership and dedicated execution can effect change. The establishment of an office within six months—from initial discussions to formal inauguration—constitutes an exceptional accomplishment.”
“Organizations operating in sectors such as Artificial Intelligence, computer vision, and data augmentation are poised to transform industries on a global scale. Moreover, these companies are fostering inclusive growth by advancing historically underserved communities, generating employment opportunities, and equipping individuals with advanced skill sets. Notably, with women comprising 52% of the workforce, many serving as sole breadwinners, this model embodies innovation, social equity, and empowerment—a true reflection of Tamil Nadu’s Chief Minister Thiru M.K. Stalin’s ambition & excellence added Dr. Palanivel Thiagarajan.“
“Coimbatore is a historic cultural and industrial venue. It is already famous for its IT and Automotive sectors. I am very pleased to bring these together with iMerit’s Automotive AI vertical. Automotive AI is our largest vertical. 60% of our revenues come from cutting-edge companies in autonomous mobility including trucking, ADAS (Advanced Driver Assistance Systems) and drones,” said Radha Ramaswami Basu, CEO and founder, iMerit Inc.
“Data quality is critical to AI technology, especially in computer vision and multisensor fusion, which are important for innovation in autonomous vehicles,” said Anupam Biswas, Chief Delivery Officer, iMerit. “The work is quite complex and we found a good mix of experienced and young talent in the Coimbatore area. This has been our fastest ramp-up in a new location. We have already hired and trained 220+ multisensor fusion experts on our Ango Hub software and they have started working on critical customer projects.”
The company emphasizes responsible AI through ethical practices. Coimbatore is ranked as one of the most liveable cities in India and at the very top for women’s safety. iMerit has also been steadily growing its India business.
With Automotive AI in India poised to cross a billion dollars in the next five years, the company hopes to leverage its global know-how to help the Indian industry also build a strong AI data backbone.
“What excites us is the combination of technology strength and high-quality education of the talent pool here. We plan to grow our investment in this office. We are already looking at growing aggressively in 2025,” added Basu.