CII's Sunil Chordia: West Asia Crisis Threatens MSME Jobs, Cash Flow
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MSMEs Warn of Job Losses, Cash Flow Stress Amid Persistent West Asia Crisis: CII
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CNBC TV18•20-03-2026, 15:20
MSMEs Warn of Job Losses, Cash Flow Stress Amid Persistent West Asia Crisis: CII
•Sunil Chordia, Chairman of the CII National MSME Council, stated that MSMEs are experiencing widespread disruption due to fuel shortages, rising input costs, and logistics bottlenecks.
•The crisis is significantly impacting exports and production cycles for MSMEs.
•Gas supply cuts are forcing businesses to choose between incurring higher costs or facing shutdowns.
•While firms are attempting to maintain operations, a prolonged crisis could lead to job losses and severe cash flow issues.
•The industry is seeking government support to help navigate the ongoing challenges.