GENERAL19 Oct 2026
80% of MSMEs expect a stronger festive season, NeoGrowth survey finds
A NeoGrowth survey of over 7,000 micro, small and medium enterprise (MSME) owners and shoppers found 80% expect this festive season to beat last year, with nearly two in five expecting revenue growth above 50%. Among shoppers, 77% plan to spend more, though 45% call themselves price comparers. Two in three businesses say they need extra credit for festive operations.
Key Statutory Highlights
- 55% of the businesses surveyed are stocking up on inventory, 31% are adding new product lines and 25% are expanding their physical or operational setup.
- Two in three MSMEs need additional credit, with Hyderabad at 71% and Delhi at 68% reporting the highest working-capital requirements.
- 82% of festive shoppers expect to pay digitally, and 74% of MSMEs have put digital payment systems in place for daily sales.
Actionable Advice for Taxpayers / Founders:Watch festive working-capital demand: the report puts it at two in three MSMEs, highest in Hyderabad (71%) and Delhi (68%).
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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