MSMEs Show Resilience Amid Global Shocks, Budget 2026-27 Signals Growth Support

• Indian MSMEs maintained resilience despite global trade shocks, with sales activity rising in late 2025.
• Union Budget 2026-27 includes measures like enhanced liquidity, a ₹10,000 crore SME Growth Fund, and logistics reforms to support MSME growth.
• Mandatory TReDS use for Central PSE purchases from MSMEs aims to boost transparency and accountability.
• Experts highlight the Budget's cautious approach to structural bottlenecks but note concerns over policy implementation, state capacity, and underutilized allocations.
• Challenges remain in areas like access to justice, contract enforcement, and the impact of CBAM on export-oriented MSMEs.