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2024

Union Budget 2024 - jkey take way for MSME

Union Budget 2024: Key Takeaways for MSME Union Budget 2024

Finance Minister Nirmala Sitharaman presented the union budget 2024 on 1st February 2024. MSMEs, which are micro, small, and medium enterprises, are prime movers of the Indian economy. They employ over 12 crore people and are the second largest source of employment after agriculture. They account for roughly 6.11% of the manufacturing and 24.63% of […]

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Revolutionizing Greenfield Projects with Prefabricated Structures

Manufacturers produce prefabricated structures, also referred to as prefab buildings, modular buildings, or pre-engineered buildings (PEBs), in a controlled factory environment to guarantee high quality and efficiency. Unlike traditional methods, which involve on-site construction of central frames, PEBs simplify the process by designing and manufacturing steel components in the factory. These custom-built components are then

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What is the difference between the Brownfield vs. Greenfield project?

Are you launching your industrial project? One approach is brownfield, where you redevelop or reuse an existing project, and the other is greenfield, where you start from scratch. Choosing between these brownfield vs. greenfield projects will shape your venture. It’s crucial to grasp the advantages and pitfalls inherent in each approach. Let us delve into

What is the difference between the Brownfield vs. Greenfield project? Read More »

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Strategies for Successful Greenfield Project Implementation

In the corporate landscape, greenfield projects are an exciting and daunting proposition. Beyond conventional initiatives, these projects promise to reshape industries. A greenfield project hold tremendous potential and pitfalls. A study by McKinsey & Company reports that 70% of such endeavours exceed deadlines and budgets. This can be devastating for any organization. What if we

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The Ultimate Guide to Choosing A Centrifugal Air Blower

A collaboration blog between Venwiz and Cleantek shares valuable insights on selecting the right centrifugal air blower for your industrial process. Selecting the right centrifugal air blower for your industrial process is crucial for the efficiency and effectiveness of your operations. With so many options available, the decision can be overwhelming. In this blog, we

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What Is Capex Procurement, And Why Is It Important?

What Is Capex Procurement, And Why Is It Important?

CapEx procurement, or capital expenditure procurement, is a crucial aspect of financial management for businesses across various industries. It involves the strategic process of acquiring assets or making investments that are vital for the growth and development of a company. This blog article will delve into the importance of capEx procurement, its key components, and

What Is Capex Procurement, And Why Is It Important? Read More »

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