West Asia Conflict Projected to Dampen MSME Revenue and Margins by 100 Basis Points
Ongoing geopolitical instability in West Asia is poised to shave 100 basis points off the revenue growth and operating margins of India’s Micro, Small, and Medium Enterprises (MSMEs) for the current fiscal year, according to a recent report by credit rating agency CRISIL. The escalating conflict has disrupted global supply chains and elevated logistics costs,…