Quarterly Order Books, Inventories and Capacity Utilisation Survey (OBICUS) January-March 2015 (29th Round) - আরবিআই - Reserve Bank of India
Quarterly Order Books, Inventories and Capacity Utilisation Survey (OBICUS) January-March 2015 (29th 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 the 29th round in the series, captures data for Q4:2014-15. In all, 1,273 common (for last five quarters) manufacturing companies (Government: 48, Public: 871 and Private: 354) 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): At the aggregate level, CU recorded seasonal increase in Q4:2014-15 and stood at 75.2 per cent, below its level during the same quarter of the previous year. There is broad co-movement between capacity utilisation and de-trended IIP manufacturing (Chart 1). Order Books: The new orders growth bounced back to positive territory on a q-o-q basis. On a y-o-y basis, new orders recorded a marginal contraction in Q4:2014-15 (Chart 2). Inventory to Sales Ratio: The finished goods inventory to sales ratio (FGI/S) rose marginally in Q4:2014-15 from the previous quarter and also stood at a higher level as compared to the position in Q4:2013-14. The raw material inventory to sales ratio (RMI/S) witnessed similar movement (Chart 3). ANNEX
1The 28th round (Q3:2014-15) survey results were released on April 7, 2015 on the RBI website. The survey results are based on views of the respondents and are not necessarily shared by the Reserve Bank of India. |