MCCIA Pune Industry Survey: Positive Growth Persists, but High Revenue Expectations Decline

Compared to the previous financial year, the proportion of businesses expecting over 20% revenue growth has decreased from 28% in January to 26% in February.
MCCIA Pune Industry Survey
MCCIA Pune Industry SurveyTBC
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Pune: A recent monthly survey conducted by the Maratha Chamber of Commerce, Industries, and Agriculture (MCCIA) has revealed that 84% of companies in Pune district anticipate continued positive growth for the second consecutive month in the current financial year. However, the percentage of companies expecting a 20% or higher revenue increase has declined, while those predicting a drop in turnover have increased slightly.

The survey, which included 108 companies, indicates a mixed outlook for industrial growth in the region. Compared to the previous financial year, the proportion of businesses expecting over 20% revenue growth has decreased from 28% in January to 26% in February. Meanwhile, 6% of companies now foresee a decline in turnover, up from 5% in the previous month’s survey.

MCCIA Pune Industry Survey
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The percentage of companies projecting 10-20% revenue growth has shown a consistent upward trend, increasing from 26% in December to 32% in January and reaching 36% in February. In contrast, the proportion of companies expecting a modest 1-10% growth has fluctuated, with figures of 19% in December, 24% in January, and 22% in February.

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Companies in the defense and electronics sectors continue to exhibit strong positive growth expectations. The survey covered 108 businesses across different categories, classified as follows:

  • Micro enterprises: 61

  • Small enterprises: 32

  • Medium enterprises: 10

  • Large enterprises: 5

Growth and Decline Predictions Across Three Months

  • 1-10% revenue growth: In December, 19% of companies expected this level of growth. The percentage increased to 24% in January but slightly dropped to 22% in February.

  • 10-20% revenue growth: The proportion of companies expecting this growth steadily increased over three months, from 26% in December to 32% in January, reaching 36% in February.

  • Above 20% revenue growth: In December, 37% of companies projected revenue growth exceeding 20%. However, this figure dropped to 28% in January and further declined to 26% in February.

  • No revenue growth: The percentage of companies expecting no revenue growth saw minor fluctuations, standing at 9% in December, rising to 11% in January, and slightly reducing to 10% in February.

  • Revenue decline: In December, 9% of companies anticipated a decline in turnover. This number significantly dropped to 5% in January but increased slightly to 6% in February.

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