Meaning of Procurement
Procurement
Language - English
Telugu Word - కొళ్ముతల్
Acquisition or Purchase. Example: The procurement of the land for the new industrial park was completed after extensive negotiations with the landowners and government authorities. This term refers to the process of acquiring or purchasing goods or services, including land or property. In the context of real estate, procurement could involve acquiring land for development, purchasing materials for construction, or hiring contractors for various services.
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