SIDBI says MSME confidence rises despite higher input costs
In short
SIDBI said MSME business confidence improved even though input costs are rising. Manufacturing sentiment was strongest, with the index rising from 59.5 to 61.0 this quarter.
Trading and services also showed better sentiment. The report does not say exactly what drove the improvement.
What the reporting says
SIDBI reported that MSME business confidence improved despite rising input costs, with manufacturing sentiment the strongest in the latest quarter. The publisher-supplied summary says the MSME Business Confidence Index rose, and manufacturing moved from 59.5 to 61.0, while trading and services also saw better sentiment. The reporting does not specify the exact survey period or the reason for the improvement.
Why it matters
SIDBI reported stronger confidence among India’s micro, small and medium enterprises, with manufacturing leading the improvement and the index rising from 59.5 to 61.0 in the quarter cited. Trading and services also improved, according to the publisher-supplied summary. The report still does not explain what specifically lifted sentiment, even as it notes ongoing input-cost pressure.