Reserve Bank launches the 116th Industrial Outlook Survey and the 51st Services and Infrastructure Outlook Survey
12 October 2026
The Reserve Bank of India launched the 116th round of its quarterly Industrial Outlook Survey on 12 October 2026 for the reference period October to December 2026.
On the same day it launched the 51st round of the quarterly Services and Infrastructure Outlook Survey for the same reference period.
The Industrial Outlook Survey assesses business sentiment in the manufacturing sector, while the Services and Infrastructure Outlook Survey covers selected companies in the services and infrastructure sectors.
Both surveys collect qualitative responses on demand conditions, financial conditions, employment conditions and the price situation for the current quarter, Q3:2026-27, and expectations for Q4:2026-27.
The outlook on key parameters for Q1:2027-28 and Q2:2027-28 is also covered.
M/s Genesis Management & Market Research Pvt. Ltd. has been authorised to conduct both surveys on behalf of the Reserve Bank, and the findings are released in summary form on the Bank's website without revealing the identity of respondents.
In plain words
IOS Industrial Outlook Survey — A quarterly Reserve Bank survey of how manufacturing firms see demand, finance, jobs and prices.
SIOS Services and Infrastructure Outlook Survey — The companion quarterly survey covering services and infrastructure companies.
Business sentiment — How optimistic or pessimistic firms feel about their own trading conditions.
Qualitative response — An answer given as a direction such as better, same or worse, rather than as a number.