The downward sentiment comes despite the Composite MSME Business Confidence Index (M-BCI) indicating a favourable business environment for MSMEs
Business confidence among micro, small, and medium enterprises improved in the April-June quarter, backed by steady domestic demand and a supportive financial environment, according to the latest MSME Outlook Survey released by SIDBI on Wednesday. The Composite MSME Business Confidence Index (M-BCI) rose to 63.75 during the quarter under review from 60.82 in the previous quarter. A value above 50 suggests positive sentiment. Manufacturing and trading MSMEs drove the gains, while the services sector remained stable with a marginal decline, it showed. The MSME Business Expectations Index (M-BEI), reflecting the outlook for upcoming quarters, stood at 62.19 for July-September and 67.88 for the first quarter of the next fiscal, suggesting sustained optimism despite headwinds like global tariffs and trade volatility. A total of 88 per cent of respondents reported improved access to finance, up from 79 per cent in the previous round, the survey said. The report also indicated that fewer
Bommai said the State Commercial Taxes Department, in haste, has imposed taxes for several years along with interest and other charges, placing a heavy burden on small roadside business owners
India's steel ministry has delayed BIS certification rules on steel imports by four months, offering relief to importers facing compliance hurdles and protecting in-transit shipments from disruption
/ -- Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with Small Industries Development Bank of India (SIDBI), has released the Sustainability Perception Index (SPeX), for January-March 2025 period. The SPeX, (also known as the 'Green Pulse Indicator') evaluates perception of sustainability of micro, small and medium enterprises (MSMEs) across three dimensions: willingness, awareness, and implementation. The SPeX rose by 14.7% quarter-on-quarter to reach 69 in Q1 2025, marking its highest level in the past 10 quarters. All three dimensionsAwareness (+20%), Willingness (+17%), and Implementation (+2%) increased from Q4 2024, each reaching their highest levels in the last 10 quarters. Dr. Arun Singh, Global Chief Economist, Dun & Bradstreet, said, "MSMEs have made remarkable strides in their sustainability journey, with awareness, willingness and implementation reaching record highs in Q1 2025 since we started tracking in Q4 2022. ...
A report by Meta in collaboration with Alvarez & Marsal India outlines six key strategies fueling scale, as young firms expand globally and deepen domestic reach
The increase has been primarily driven by strengthened priority sector lending (PSL) norms, targeted government initiatives, and increased digitalisation
Credit to MSMEs grew 20% in FY25 to ₹40 trillion, driven by PSL norms, digitisation, and government support, even as active loan growth and term loan share moderated
Walmart CEO Doug McMillon says the firm's sourcing from India is expanding beyond limited categories as it doubles down on MSME empowerment and digital growth
Binod Kumar lines up the strategy to focus more on retail and micro, small, and medium enterprises, plans to improve technology via an investment of Rs 1,300 crore, and outlines the growth roadmap
The government is considering formulating a scheme to fund exporters, especially MSMEs, in registering new products in new markets with an aim to boost the country's outbound shipments, Commerce and Industry Minister Piyush Goyal has said. He added that the entire cost of such registration will be funded by the government. "I am thinking of coming out with a scheme that any MSME that needs to spend any amount of money to register their products any where in the world, particularly for new products, new markets, new exporters, the government will fund the whole cost," Goyal said here on June 9 while addressing Indian business delegation. The minister is here on an official visit to hold meetings with Swiss leaders and companies to boost trade and investments between the two countries. This scheme is expected to be part of the Export Promotion Mission (EPM), which was announced in the Budget. It may include 12 components, including easy credit schemes for MSMEs, e-commerce exporters
Jana Small Finance Bank (Jana SFB) on Monday said it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a universal bank. The strategic move marks a significant milestone in Jana Bank's growth journey and reflects its long-term commitment to financial inclusion, innovation, and sustainable banking, the bank said in a statement. Over the past several years, Jana SFB has successfully built a strong retail and MSME franchise, expanded its digital and physical footprint across the country, and consistently delivered on key financial and governance metrics, it said. Since receiving its SFB licence in 2017, Jana has built a robust portfolio in deposits, loans, and financial services tailored to individuals, MSMEs, and institutions, it said. With a growing deposit base, national presence, digital services and a strong asset quality track record, the bank believes it is well-positioned to take the next step in its evolution, it adde
Issues like corporate governance, expertise in international trade and digital transformation fester
The government wants to increase credit availability to micro, small and medium enterprises (MSMEs) and also improve them by enhancing technology, an official said on Friday. Addressing CII's Annual General Meeting, Rajneesh, Additional Secretary and Development Commissioner, Ministry of MSME said India is the fourth largest economy today and would be the third-largest soon. Rajneesh highlighted how MSMEs took a hit during COVID-19 but turned around very fast. He said that MSMEs provide employment to 27 crore people and that is why the ministry keeps them in mind while making policies. "We want to increase credit availability to MSMEs. This year Budget provided for providing credit cards to micro enterprises," he said adding MSME NPAs (bad loans) were less than 5 per cent in last five years as per RBI data. He also highlighted the role of technology to improve MSMEs, suggesting that through use of technology issues between environment concerns and growth aspirations can be ...
Consumer Affairs Secretary Nidhi Khare on Wednesday asked MSMEs to comply with voluntary as well as mandatory quality standards while manufacturing products and urged them to be more proactive in sharing problems and seeking solutions. Addressing a conference here, she noted that India is poised to become the third largest economy in the world, and the MSMEs (micro, small and medium enterprises) will have a major role to play in achieving this. The secretary said MSMEs need to be more proactive in sharing their problems and asked the industry to demand new standards as well as participate in formulation of these quality norms. She highlighted that the government in the past few years have taken various steps to ensure that people get quality products. Recently, Rs 78 crore has been approved to strengthen existing testing labs and set up new ones. "Ultimately, any nation which grows has to ensure credibility of its goods and services. There cannot be any abstinence, or there cannot
Hero FinCorp, the financial services division of two-wheeler manufacturer Hero MotoCorp, has received Sebi's go-ahead to float a Rs 3,668 crore Initial Public Offering (IPO), an update with the markets regulator showed on Wednesday. The proposed IPO is a combination of fresh issue of equity shares worth Rs 2,100 crore and an Offer For Sale (OFS) of Rs 1,568 crore by investor shareholders, according to the Draft Red Herring Prospectus (DRHP). Those selling shares in the OFS are -- AHVF II Holdings Singapore II Pte. Ltd, Apis Growth II (Hibiscus) Pte. Ltd, Link Investment Trust (through Vikas Srivastava) and Otter Ltd. As per the update, Hero FinCorp, which filed its preliminary IPO papers with Sebi in August, obtained its observations on May 22. In Sebi's parlance, obtaining observations means its go-ahead to launch the public issue. Going by the draft papers, proceeds from the fresh issue will be used to increase the company's capital to meet future funding needs for lending ...
Mostly loans to micro, small, and medium enterprises (MSMEs) are covered under credit guarantee schemes. Loans to these sectors that are extended by the NBFCs, as a result, could become dearer
A report published by NITI Aayog says that the MSME sector contributes 29% to the GDP, adding 40% to the export and employing 60% of the workforce
Delinquency levels in the MSME sector fall to 1.79% in March 2025 as credit rises 13% YoY to ₹35.2 trillion, with private banks showing the best performing loan book
Large groups, MSMEs asked to step up defences