MSEs see business prospects over 'positive momentum': CriSidEx index

The CriSidEx index, which measures sentiment among MSEs rose to a three-quarter high of 127 in the first quarter of the current FY, up from 121 in the fourth quarter of the previous FY

Micro and small enterprises are getting more and more optimistic about their business prospects. 

The CriSidEx index, which measures sentiment among micro and small enterprises (MSEs) rose to a three-quarter high of 127 in the first quarter of the current financial year, up from 121 in the fourth quarter of the previous financial year. 

Within the manufacturing sector, most segments brimmed with optimism. “MSEs in metals & mining, chemicals, pharmaceuticals, and gems & jewellery were strongly positive. Leather & leather goods sector was largely positive barring a few respondents who reported a subdued outing,” notes the report titled ‘Sanguinity sustains’. 

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