Saturday, Apr 19 2025 | Time 10:49 Hrs(IST)
Business EconomyPosted at: Apr 8 2025 9:26PM


Growth in investments in MSMEs slowed down in FY24: Report

New Delhi, Apr 8 (UNI) Growth in investments in Udyam-registered MSMEs slowed down to 23% in financial year 2023-24 (FY24) from 61% in financial year 2021-22, as per a UGRO Capital-Dun & Bradstreet report released on Tuesday.
The findings are based on an analysis of over 45,000 MSMEs during 2021-2024 across seven sectors.
The report said that large and medium businesses anticipate slower domestic growth in the first quarter (Q1) of 2025, while small firms remain optimistic.
"It is noteworthy that while capital costs are expected to remain high in Q1 2025, revised MSME classification criteria could drive further investment and expansion," it said.
The report said that export sentiment among small and medium businesses has weakened amid geopolitical and trade protectionist concerns.
"Capital costs are expected to remain high in Q1 2025, influencing investment decisions. Medium-sized firms have scaled back optimism on capital expenditure, while small businesses show slight improvement," it said.
As per the report, credit growth has declined for micro and small businesses (15.5% in May 2024 to 10.1% in Nov 2024), remained stable for large businesses, and surged for medium-sized firms (12.6% in June 2024 to 20.0% in Nov 2024).
"We see moderation in total loan disbursement in recent quarters, a trend reflecting more conservative lending practices across the industry. While this could be attributed to stricter risk assessments, it also presents an opportunity for NBFCs to play a more strategic role in bridging the credit gap. The increasing formalisation of MSMEs, as evidenced by lower cash percentages and improved debt-to-turnover ratios, especially among mature and larger businesses, is an encouraging sign," said Shachindra Nath, Founder & Managing Director – UGRO Capital.
Added Dr Arun Singh, Global Chief Economist - Dun & Bradstreet, “Dun & Bradstreet's sector risk ratings indicate improvements in risk profile of MSMEs in 2024 from 2023, despite global and domestic economic uncertainties."
UNI NK ARN
Please log in to get detailed story.
Tags: #Growth in investments in MSMEs slowed down in FY24: Report
More News
Toshiba signs MoU with Telangana Govt

Toshiba signs MoU with Telangana Govt

18 Apr 2025 | 7:12 PM

Hyderabad/Tokyo, Apr 18 (UNI) Apr 18 (UNI) The Toshiba Transmission Distribution Systems (India) Private Limited (TTDI), a wholly-owned subsidiary of Toshiba Corporation, Japan, and a global leader in the supply of Transmission cum Distribution (TCD) equipment for both conventional and renewable energy sources, has signed a Memorandum of Understanding (MoU) with the Government of Telangana to establish a new manufacturing facility for Surge Arresters and expand its existing manufacturing facilities for Power and Distribution transformers and Gas Insulated Switchgear (GIS) at its Rudraram plant, outskirts of Hyderabad, in Telangana.

see more..
AP: Pralhad Joshi visits Greenko’s Integrated Renewable Energy Project in Pinnapuram

AP: Pralhad Joshi visits Greenko’s Integrated Renewable Energy Project in Pinnapuram

18 Apr 2025 | 6:38 PM

Pinnapuram (Andhra Pradesh), Apr 18 (UNI) Union Minister of New and Renewable Energy Pralhad Joshi visited Greenko’s largest GW-scale Integrated Renewable Energy Project here on Friday.

see more..

UP govt to set up Invest UP offices in three metro cities

18 Apr 2025 | 6:21 PM

Lucknow, Apr 17 (UNI) In a push towards transforming Uttar Pradesh into a 1 trillion dollar economy, the state government is set to establish Invest UP offices in three of India's major metro cities, including New Delhi, Mumbai and Bengaluru, official sources said here on Friday.

see more..

Nom Nom Express Upgrades India’s QSR Culture

18 Apr 2025 | 5:07 PM

Mumbai, Apr 18(UNI) Aspect Hospitality unveiled 25 outlets of its Pan-Asian brand, Nom Nom Express, across Mumbai and Pune—marking one of the largest digital launches in the space, according to a statement issued here on Friday.

see more..

Zydus Medtech partners with Braile Biomedica to commercialise TAVI technology

18 Apr 2025 | 3:16 PM

Mumbai, Apr 18 (UNI) Zydus MedTech Private Limited, a wholly owned subsidiary of Zydus Lifesciences Limited on Friday entered into a strategic partnership with Braile Biomédica Indústria, Comércio e Representações Ltda., (Braile Biomedica) - an innovative cardiovascular device manufacturer based in Brazil - to exclusively commercialise its Transcatheter Aortic Valve Implantation (TAVI) technology across Europe, India, and other select markets.

see more..