EXECUTIVE
SUMMARY
This
particular pre-feasibility is for setting up an ‘Engineering Workshop -
Subcontracting’ in any industrial cluster of any major city of Pakistan.
Engineering Workshop – Subcontracting falls in the segment of light engineering
sector. The workshop is proposed to cater to machining work on parts for
electrical home appliances, pumps, and other engineering products. Most
subcontracting workshops are part of small and medium scale industry and are operating
in cities like Peshawar, Lahore, Gujranwala, Faisalabad, Karachi etc., as a
service provider. The workshop is
proposed to operate 8 hours daily. The maximum jobs for the project are assumed
to be 30,000 per year. The business will provide employment opportunity to 3
individuals including the owner manager.
The total project cost for setting up this workshop is estimated at Rs.
1.70 million.
CRITICAL
FACTORS
Following
are the factors critical for success of this business venture:
•
Technical know-how and relevant experience of entrepreneur.
•
Availability of skilled labour having technical knowledge.
•
Ability to generate work orders through industrial networking, direct marketing
and negotiating long term contracts.
•
Utilization of job costing and job card with technical specifications
sheet.
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BRIEF DESCRIPTION OF PROJECT & PRODUCT
Engineering
Workshop – Subcontracting, will not manufacture its own products, instead it
will provide job work facilities to the light engineering sector. This practice
is prevalent in the majority of such workshops. The workshop will provide
services to the manufacturers of electrical home appliances, pumps, textile
sector, machinery repair shops, auto part makers, etc. This business activity is more suitable for
an entrepreneur with mechanical technology background. The prospective
entrepreneurs are also recommended to have previous workshop floor experience.
Major capital investment is in the procurement and installation of lathe,
shaper and cylindrical grinding machines.
The workshop will provide machining facility for engineering products
such as washing machines, electric motor rotor shafts. A variety of machining
services can be carried out on the machinery set proposed under this project,
however, for the purpose of calculating cost and revenues, work equivalent to
electric motor shaft L18” x D½” has been taken as a standard item. The workshop
will require services of two machinists and one helper to carry out requisite
job orders. The business will be setup in rented premises, having covered area
of 400 sqft.
INSTALLED
& OPERATIONAL CAPACITIES
The
installed capacity of the project is to perform 30,000 jobs per year. During
the first year it will operate at 70% capacity and perform 21,000 jobs. The
total human resource strength will be 3, including the entrepreneur / owner.
The workshop will operate for 8 hours daily.
GEOGRAPHICAL
POTENTIAL FOR INVESTMENT
The
subcontracting workshop clusters are mostly being operated near industrial
areas of Lahore, Peshawar, Quetta, Faisalabad, Karachi, Hyderabad and
Gujranwala etc. The ideal location for the project may be outside municipal and
cantonment limits, preferably in a small industrial cluster / estate. Other
options could be near an industrial complex like large fertilizer, oil or power
units off major highways.
POTENTIAL
TARGET MARKETS / CITIES
The
potential target markets are local clusters of home appliances manufacturers,
and electrical pumps manufacturers. The suitable cities for marketing can be
Gujranwala, Gujrat, Lahore, Faisalabad Karachi, Hyderabad, Peshawar, Gilgit and
Quetta.
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