insights

Venwiz is a SaaS-enabled B2B marketplace digitizing Capex and industrial services procurement for the manufacturing industry.

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The Indian manufacturing sector is at the tipping point of a long-term growth cycle led by strong policy push, infrastructure development and a China Plus One strategy. This is now evident with the upcoming aggressive Capex plans across India Inc. and a sharp rebound in capacity utilization during FY23. A CRISIL report indicates India is likely to see INR$56B worth of industrial Capex in FY24 alone.