Quarterly Order Books, Inventories and Capacity Utilisation Survey (OBICUS) July-September 2015 (31st Round) - ربی - Reserve Bank of India
Quarterly Order Books, Inventories and Capacity Utilisation Survey (OBICUS) July-September 2015 (31st 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 31st round in the series, captures data for Q2:2015-16. In all, 1,104 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 a common set of companies. Highlights: Capacity Utilisation (CU): At the aggregate level, CU recorded fractional decline in Q2:2015-16 over the previous quarter and stood at 70.6 per cent; it was also lower than the 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 average new orders grew marginally in Q2:2015-16 from its level of previous quarter. However, it remained unchanged from its level a year ago (Chart 2). Inventory to Sales Ratio: The finished goods inventory to sales ratio (FGI/S) remained steady in Q2:2015-16. The raw material inventory to sales ratio (RMI/S) increased in Q2:2015-16 and stood at a higher level as compared to the level observed in Q2:2014-15 (Chart 3). Sangeeta Das Press Release : 2015-2016/1773 ANNEX
1 The 30th round (Q1:2015-16) survey results were released on September 29, 2015 on the RBI website. The survey results are those of the respondents and are not necessarily shared by the Reserve Bank of India. |