MoneycontrolOct 21, 2021Fuel, steel price hikes put MSMEs in a fix; associations demand government interventionIndustry bodies say MSMEs sell at very low margins, and even those margins have been shaved by the surge in input costs. The market is not willing to accommodate the price changes as orders and contracts are pre-booked.A steep increase in raw material and fuel prices this month is threatening the survival of micro, small and medium enterprises (MSMEs) across the country.Read more at Moneycontrol
Industry bodies say MSMEs sell at very low margins, and even those margins have been shaved by the surge in input costs. The market is not willing to accommodate the price changes as orders and contracts are pre-booked.A steep increase in raw material and fuel prices this month is threatening the survival of micro, small and medium enterprises (MSMEs) across the country.Read more at Moneycontrol
