MSME manufacturing sector expands in Jan-March period but growth moderates amid West Asia crisis: PHDCCI survey
Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
As per the findings, the SME Business Activity Index stood at 56.5 in Q4 FY26, indicating continued expansion, though it moderated from 58.9 recorded in the previous quarter
Key Facts
Type Policy
Source BusinessLine - Economy
Published Monday, 20 April 2026
Affected Population 63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right