Archive · 30 Jul 2025
MSME Business Confidence Improves in Q1FY26, Says SIDBI Survey
Small and medium-sized businesses in India are feeling more confident.
A recent survey shows their confidence is up, especially in manufacturing and trading.
It's easier for these businesses to get loans.
Also, they are selling more, and many are hopeful for even better sales next year.
However, exporters are worried about tariffs, which may impact their business.
Overall, things are looking up for these businesses.
MSME business confidence increased in the April-June quarter, according to a SIDBI survey.
The Composite MSME Business Confidence Index rose to 63.75 during the quarter.
Manufacturing and trading sectors drove the gains, while services saw a marginal decline.
88% of MSMEs reported improved access to finance.
Exporters expressed concerns about tariff-related uncertainties.
- Who
- Micro, Small, and Medium Enterprises (MSMEs).
- What
- MSME business confidence and financial conditions improved in Q1FY26.
- When
- April-June quarter (Q1FY26).
- Where
- Nationwide in India.
- Why
- Fueled by domestic demand and a supportive financial environment.
- Business Confidence Index
- 63.75 (April-June)
- Business Expectations Index (July-September)
- 62.19
- Business Expectations Index (Q1 next fiscal)
- 67.88
- MSMEs with Improved Finance Access
- 88%
- Exporters Reporting Adverse Impact from Tariffs
- 40%
- Survey Size
- 1,200 MSMEs
