Sentiment among micro and small enterprises was largely intact in Q2 despite a plethora of headwinds, including seasonality, rising crude oil prices, according to Crisil
50% – of respondents expects positive momentum to continue next quarter
37% – export-oriented MSEs reported an increase in the order book
40% – the figure for domestic peers
57% – of manufacturing MSEs see production rising next quarter
38% – service providers reported a good survey quarter, indicating a significant improvement over the four surveys
37% – manufacturers reported a good quarter, similar to the first two surveys, though lower than the one immediately preceding it
5% – expect it to be lower
Both manufacturing and services companies feel October-December will be a better quarter
