New Delhi, March 9 -- Confidence among Indias MSMEs has shown steady improvement across sectors, according to the MSME Business Conditions Index (M-BCI) of the Small Industries Development Bank of India (SIDBI).
The year-on-year comparison between October December 2024 (Round 1 M-BCI) and October December 2025 (Round 5 M-BCI) indicates a broad-based rise in business sentiment among MSMEs.
The composite M-BCI increased from 58.3 to 60.8, reflecting improved confidence across manufacturing, trading and services sectors.
Sector-wise, the manufacturing segment recorded an increase from 60.3 to 64.1, while the trading sector posted the highest growth, rising from 52.5 to 57.4. The services sector also registered an improvement, with the i...