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flag Surety bonds are emerging as a cheaper, flexible alternative to bank guarantees in India's construction sector.

flag Surety bonds are gaining traction in India's construction sector as a more flexible and cost-effective alternative to traditional bank guarantees. flag These bonds help EPC companies reduce financial pressures, allowing them to take on bigger projects and adopt new technologies. flag With government support and tailored insurance products, surety bonds aim to revolutionize the industry despite current low awareness.

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