• Mrityunjaya B Chavannavar
• Chetana A Lahoti

Indian manufacturing output growth was slowest in the last fifteen months in August 2019. The recent drop observed in the Index of Industrial Production and Rupee depreciation has added worries to continued weakening Indian economy. Recent rise in CAD to 2.5%, in Q3 FY2018-19 (2.5% of GDP) and volatility of INR against Dollar ahead of Monetary Policy Committee review, has raised concerns and opened up challenges for Indian Economy, predominantly the MSMEs. Here is an effort made to observe the business confidence outlook of MSMEs located in Gokul industrial Estate Hubballi. The survey is undertaken for different industries to know whether there is any significant difference between the industries on business confidence outlook. The study revealed that the MSMEs are quite optimistic on capacity utilization, sales, market share and performance in the coming years. The authors found that there is no significant difference between the business confidence out look of MSMEs of different industries.

Business Confidence, Capacity Utilisation, Sales, Market Share, Performance.

"Business Confidence Outlook of MSMEs - An Observed Fact from Gokul Industrial Estate.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.657-667, June 2019, Available :http://www.jetir.org/papers/JETIR1907J84.pdf

"Business Confidence Outlook of MSMEs - An Observed Fact from Gokul Industrial Estate.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp657-667, June 2019, Available at : http://www.jetir.org/papers/JETIR1907J84.pdf