RBI launches quarterly survey on order books of manufacturing sector

The RBI has been conducting the order books, inventories and capacity utilisation survey (OBICUS) of the manufacturing sector quarterly since 2008
RBI launches quarterly survey on order books of manufacturing sector
RBI launches quarterly survey on order books of manufacturing sectorPSU Watch

New Delhi: The Reserve Bank of India (RBI) on Friday announced the launch of quarterly "order books, inventories and capacity utilisation" survey of companies in the manufacturing sector, a key input it uses to formulate the monetary policy.

The RBI has been conducting the order books, inventories and capacity utilisation survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008.

PSU Watch is now on Whatsapp Channels. Click here to join

The information collected in the survey includes quantitative data on new orders received during the reference quarter (April-June 2024), backlog of orders at the beginning of the quarter, pending orders at the end of the quarter, total inventories with a breakup between finished goods, work-in-progress and raw material inventories at the end of the quarter.

Item-wise production in terms of quantity and value during the quarter vis-à-vis the installed capacity from the targeted group and the reasons for changes in production/installed capacity during the quarter is also collected.

The level of capacity utilisation is estimated from the responses.

"The survey provides valuable input for monetary policy formulation," the RBI said.

It also said company level data are treated as confidential and never disclosed.

(PSU Watch Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. You may follow us on Google News. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com