New Delhi, July 10 -- India's Micro, Small and Medium Enterprises (MSMEs) are likely to face higher input costs amid renewed tensions between the United States and Iran, with industry bodies warning that rising energy and commodity prices could put additional pressure on the sector.

Industry Warns of Higher Costs Amid Renewed Geopolitical Tensions

The breakdown of the fragile 60-day ceasefire has revived concerns over global supply chains and oil prices, prompting MSME representatives to caution that businesses may have to adapt to prolonged geopolitical disruptions.

Federation of Indian Micro and Small & Medium Enterprises (FISME) Secretary General Anil Bhardwaj said MSMEs must prepare for a "new normal" of recurring global trade disr...