India's record‑low inflation fuels growth prospects, urging investment, consumption, jobs, and export competitiveness for MSMEs.

• Food prices fell 2.28% YOY, driven by lower vegetables, oil, fruits, pulses, cereals, and eggs.
• PHDCCI urges the government to boost credit, ease business, and enhance export competitiveness for labour‑intensive sectors.
• Stable inflation expected next two quarters via food supply, moderate energy, and the RBI's prudent policy.