RBI launches 75th round of Manufacturing Capacity Utilisation Survey for the July–September quarter
The Reserve Bank of India has launched the 75th round of its Order Books, Inventories and Capacity Utilisation Survey to provide a quarterly assessment of manufacturing sector activity and capacity utilisation. Covering the reference period from July to September 2026, the survey provides input for monetary policymaking and has been conducted every quarter since 2008.
Highlights
- RBI launched the 75th round of the Capacity Utilisation Survey for the manufacturing sector for the July–September 2024 quarter.
- The survey will collect quantitative data from manufacturing companies on new orders, inventories, production and quarterly changes in capacity.
- Survey findings are regularly published on the RBI website, providing input for monitoring broader economic trends and policy assessments.
This article was translated from the original. Read the original version by our correspondent here.
Survey scope and participation process
According to an RBI press release, the survey collects quantitative data from manufacturing companies on new orders received, outstanding orders at the beginning and end of the quarter, and total inventories. It also covers inventories of finished goods, work in progress and raw materials, as well as production volumes and values, installed capacity, and reasons for changes in output or capacity during the quarter.Capacity utilisation levels are estimated based on these responses. During this quarter, the bank will contact selected manufacturing companies, while other companies may also participate by downloading the questionnaire from the RBI website.
The questionnaire is available on the RBI website under the 'Survey' subheading in the 'Forms' section. The duly certified and completed schedule may be emailed using the contact details provided in the survey form.
Impact on monetary policy and industry indicators
The survey has been conducted quarterly since 2008 and provides regular indicators on demand, order flows, inventory conditions and production capacity in the manufacturing sector. It helps the central bank understand the direction of industrial activity and provides supporting input for policy assessments.The RBI has said that company-level data are kept confidential and are not disclosed. Survey findings are regularly published on the bank's website, also providing context for market participants monitoring broader economic and industrial trends.
Our previous report discussed rising private investment in deep-tech and IP-based manufacturing companies in India, where capital flows are accelerating in sectors such as space technology, semiconductors, defence and advanced machinery. The article noted that policy initiatives such as PLI schemes and R&D have supported production expansion and infrastructure investment, although the long investment horizon of 10–15 years in such businesses is also considered important.
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