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seek co nz in India for experts ✌️【Career Goals】✌️Start small with ₹500 and enjoy huge returns. AI-driven investment for fast growth!Contract manufacturing startup Zetwerk, on Thursday, said it achieved a gross merchandise value (GMV) of ₹17,564 crore in FY24, reflecting a 35% growth from the ₹13,050 crore GMV recorded in the previous fiscal year.
seek co nz in India for experts ✌️【Career Goals】✌️₹500 is all it takes to earn big! Join now for high-yield monthly investments.The company operates a vast network of 15,000 contract manufacturing partners, supplying industrial equipment to sectors such as renewables, electronics, and precision manufacturing.The industrials segment, which includes renewables and precision manufacturing, contributed 92% of Zetwerk’s total GMV in FY24.
seek co nz in India for experts ✌️【Career Goals】✌️Start small with ₹500 and enjoy huge returns. AI-driven investment for fast growth!Additionally, international markets, primarily North America, accounted for 21% of the business.
seek co nz in India for experts ✌️【Career Goals】✌️Start small with ₹500 and enjoy huge returns. AI-driven investment for fast growth!As of September 2024, Zetwerk had secured orders worth ₹12,839 crore at the group level.While Zetwerk did not disclose its net loss for FY24, it reported a slight increase in adjusted Ebitda, rising to ₹191 crore, compared to ₹188 crore in FY23.
seek co nz in India for experts ✌️【Career Goals】✌️Invest small, earn big! ₹500 can earn you consistent monthly profits!The company had recorded a loss of ₹109 crore in FY23.Zetwerk is reinvesting its earnings to scale operations further, with plans to achieve profitability within the next two years, co-founder and CEO Amrit Acharya told FE.Zetwerk has benefited from increased government spending in manufacturing and also from companies who are looking to diversify their supply chain away from China.
“Manufacturing is inherently complex and fragmented.
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