MSME manufacturing sector expands in Jan-March period but growth moderates amid West Asia crisis: PHDCCI s
- Posted on April 20, 2026
- By Business News Today
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- 1 min read
MSME manufacturing sector expands in Jan-March period but growth moderates amid West Asia crisis: PHDCCI s
India's MSME manufacturing sector continued to grow in early 2026. However, expansion slowed due to global issues, especially the West Asia crisis. This crisis caused longer shipping times and higher costs. Business activity saw new orders and production increase, but hiring remained steady. The outlook for the next quarter is positive but cautious. Policy support is vital for sustained growth.
