Abstract
Construction is an essential part of any country's infrastructure and industrial development. The Indian construction sector is an integral part of the economy and a conduit for a substantial part of India's development investment. Forecasting working capital along with cash requirements is essential for all construction contractors during the tendering stage since cash flow at the beginning of the project is a major cause of construction companies' failure. In the contracting business, construction firms are generally more concerned with short-term financial strategies than the long term ones.
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