Quarterly Order Books, Inventories and Capacity Utilisation Survey (OBICUS) October-December 2015 (32nd Round) - ଆରବିଆଇ - Reserve Bank of India
Quarterly Order Books, Inventories and Capacity Utilisation Survey (OBICUS) October-December 2015 (32nd 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 32nd round in the series, captures data for Q3:2015-16. In all, 1,058 manufacturing sector companies responded in this round of the survey. The analysis is based on the data on order books, inventory levels for raw materials & finished goods, and capacity utilisation, received from common set of companies. Highlights: Capacity Utilisation (CU): At the aggregate level, CU recorded increase in Q3:2015-16 over the previous quarter and stood at 72.5 per cent. There is a broad co-movement between capacity utilisation and de-trended IIP manufacturing, except for some quarters including Q3:15-16 (Chart 1). Order Books: The average new orders dropped in Q3:2015-16 from its level of previous quarter. However, it grew marginally from its level a year ago (Chart 2). Inventory to Sales Ratio: The finished goods inventory to sales ratio (FGI/S) continued to remain steady in Q3:2015-16. The raw material inventory to sales ratio (RMI/S) declined in Q3:2015-16; however, it stood at a higher level as compared to Q3:2014-15 (Chart 3). ANNEX
1 The 31st round (Q2:2015-16) survey results were released on January 28, 2016 on the RBI website. The survey results are those of the respondents and are not necessarily shared by the Reserve Bank of India. |