The engineering sector in India comprises basic industries such as Metal, Steel, Electrical Machinery, Non-Electrical Machinery and Transport Equipments. Manufacturers, exporters and suppliers of engineering machinery and equipment largely produce industrial machines, rolling mills machinery, plant machinery, plastic moulding machines, construction machines and equipment, railway products, die casting equipment and other special purpose machines. Majority of Indian engineering firms are pursuing a systematic approach to quality control and standardization so as to curve out market positioning in the competitive world market place. Engineering industry in India has been constantly updating its technology base and diversifying its manufacturing range in tune with global market requirements. Indian exporters are well aware and do not lag behind in adopting eco-friendly manufacturing techniques which have become the new emerging requirements of the global development.
The purpose of this study is to measure financial performance of
Engineering industry, profitability Ratios, Activity Ratios, testing of financial position ratios
