CriSidEx

CriSidEx is India’s first sentiment index for micro and small enterprises (MSEs) developed jointly by CRISIL and SIDBI. It is a composite index based on a diffusion index of 8 parameters, and measures MSE business sentiment on a scale of 0 (extremely negative) to 200 (extremely positive). The key benefit of CriSidEx is that its readings will flag potential headwinds and changes in production cycles, and thus help improve market efficiencies. And by capturing the sentiment of exporters and importers, it will also offer actionable indicators on foreign trade.