Coimbatore is an industrial city and ranks second after Chennai, in the IT and ITES sector of the state of Tamil Nadu. Saravanampatti boasts of having a significant IT and ITES presence with firms such as Cognizant, Bosch, Spheris and SPI. Even institutions such as KG college of Arts & Science, KG College of Nursing, CMS Arts & Science College and SNS Rajalakshmi College of Arts & Science are located here, making it an important educational destination in Coimbatore's Tech Park.