Quarterly Order Books, Inventories and Capacity Utilisation Survey (OBICUS) July-September 2014 (27th Round) - আৰবিআই - Reserve Bank of India
Quarterly Order Books, Inventories and Capacity Utilisation Survey (OBICUS) July-September 2014 (27th Round)
The Order Books, Inventories and Capacity Utilisation Survey (OBICUS) captures actual data from the companies in the manufacturing sector. This round of OBICUS, which is 27th round in the series, captures data for Q2:2014-15. In all, 1,288 common (for last five quarters) manufacturing companies (Government: 49, Public: 896 and Private: 343) responded in this round of survey. The analysis is based on the data on order books, inventory levels for raw materials & finished goods, and capacity utilisation, received from these common set of companies. Highlights: Capacity Utilisation (CU): There is broad co-movement between capacity utilisation and de-trended Index of Industrial Production (IIP)-manufacturing (Chart 1). Aggregate CU recorded a rise in Q2:2014-15 over the previous quarter. However, it stood at a level lower than its level a year ago (Table 1). Order Books: The new orders declined in Q2:2014-15 on a year-on-year basis and grew at lower rate of 5.6 per cent compared to previous quarters (Chart 2). Inventory to Sales Ratio: The finished goods inventory to sales ratio remained flat in Q2:2014-15 and stood at 18.0 per cent, down from its level of the same quarter of the previous year (Chart 3). The raw material inventory to sales ratio declined in Q2:2014-15 on both q-o-q and y-o-y basis. ANNEX
1The 26th round (Q1:2014-15) survey results were released on September 30, 2014 on the RBI website. The survey results are those of the respondents and are not necessarily shared by the Reserve Bank of India. |