BRIEF in collaboration with Federation of India Chambers of Commerce and Industry (FICCI) carried out a Business Perception Study of Indian Industry, to gauge the business climate as felt by the Micro Small and Medium Enterprises (MSMEs).
The objective of the study was to understand industry?s growth perceptions and expectations of Indian industry players. More specifically, the study envisaged an understanding of the growth perceptions and expectations of Indian industry players on broader parameters like cost of production, industrial policy, economic growth, fiscal, monetary and trade policies, inflation and employment. The policies and the schemes of the government that interface with activities of the small firms were specific to the subject matter of the survey inquiry, which covered 78 per cent of firms with turnover less than Rs. 100 crore.