Question

Which of the following correctly describes Brownfield Project?

A An agricultural land Correct Answer Incorrect Answer
B It refers to an existing project Correct Answer Incorrect Answer
C Only the land with laterite soil Correct Answer Incorrect Answer
D Only the land categorised by the India Industrial Land Bank Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

With greenfield investing, a company will build its own, brand new facilities from the ground up. Brownfield investment happens when a company purchases or leases an existing facility.

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