Mumbai, April 8 -- In a showcase to the improving conditions for Micro, Small, and Medium Enterprises (MSMEs), about 37 per cent of businesses are planning to expand their capacity during the current period, according to a SIDBI MSME Outlook Survey Edition-II.

The report adds that a similar proportion of MSMEs are planning additional investments over the next year.

"Capital expenditure intentions present another encouraging trend, with 37 per cent of MSMEs reporting capacity expansion during the current period and a similar proportion planning additional investments in the coming year," the report added.

Alongside this, a rising focus on sustainability is taking shape, with around 40 per cent of MSMEs in the manufacturing and services ...