Order Books, Inventories and Capacity Utilisation Survey on the Manufacturing sector for Q4:2023-24 - ربی - Reserve Bank of India
Order Books, Inventories and Capacity Utilisation Survey on the Manufacturing sector for Q4:2023-24
Today, the Reserve Bank released the results of its 65th round of the quarterly order books, inventories and capacity utilisation survey (OBICUS), which was conducted during Q1:2024-25 and covered 900 manufacturing companies. The survey1 provides a snapshot of demand conditions in India’s manufacturing sector during January-March 2024. Highlights:
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![]() Note- Please see the excel file for time series data. ANNEX 1: Data Tables Note: The methodology for computations of order book growth and inventory to sales ratios is given in the RBI press release dated October 8, 2021 (link: https://website.rbi.org.in/en/web/rbi/-/publications/obicus-survey-on-the-manufacturing-sector-for-q1-2021-22-20650). Please also see footnote 2 on direct estimation of RMI since 53rd round of the survey. 1 The survey responses are voluntary, and the results reflect the views of the respondents, which are not necessarily shared by the Reserve Bank. Results of the previous survey round were released on the Bank’s website on April 05, 2024. 2 The estimates of raw materials inventory (including stores and spares, loose tools, stock-in-trade and other inventories) were arrived at by netting out finished goods inventory and work-in-progress inventory from total inventory. Since the 53rd round of the survey (i.e., Q4:2020−21), however, direct data on raw material inventory (excluding stores and spares, loose tools, stock-in-trade and other inventories) are also being collected from survey respondents, in parallel. Estimates of raw materials inventory based on the additional reporting are presented here. |