The CII-Valcon report details the current status of Punjab’s engineering industry and its growth vis-à-vis the Indian engineering sector. It also highlights the sunrise sub-sectors in the industry with long term potential that are likely to emerge as key drivers for the engineering sector. The current performance of the sub-sectors has been looked into both in terms of profitability and return on investment providing a quantified assessment for the reader. A SWOT analysis of Punjab’s engineering industry is also attempted with a set of recommendations for the sector.
The study builds on the premises that the engineering sector would continue not only to play a key role in growth of industrial output in Punjab but also providing employment and livelihood.
The report was released at the 2nd Edition of Destination Punjab – An Industrial & Engineering exposition organized by CII in partnership with the Government of Punjab on 01 – 04 November, 2012 in Ludhiana.