Reserve Bank launches the 75th round of its Order Books, Inventories and Capacity Utilisation Survey
9 October 2026
The Reserve Bank of India announced on 9 October 2026 that it has launched the 75th round of its Order Books, Inventories and Capacity Utilisation Survey, known as OBICUS.
The reference period of this round is July to September 2026, the second quarter of 2026-27.
The Reserve Bank has been conducting OBICUS of the manufacturing sector on a quarterly basis since 2008.
The survey collects new orders received during the reference quarter, the backlog of orders at the beginning of the quarter, pending orders at the end of the quarter, and total inventories with a break-up between finished goods, work-in-progress and raw material.
It also collects item-wise production in quantity and value against installed capacity, and the reasons for changes in production or installed capacity. The level of capacity utilisation is estimated from these responses.
Selected manufacturing companies are approached by the Bank, and other manufacturing companies may take part by downloading the questionnaire from the Reserve Bank's website. Company level data are treated as confidential and never disclosed.
The survey is run by the Division of Enterprise Surveys, Department of Statistics and Information Management, and provides input for monetary policy formulation.
In plain words
OBICUS Order Books, Inventories and Capacity Utilisation Survey — A quarterly Reserve Bank survey of manufacturing firms from which capacity utilisation is estimated.
Capacity utilisation Capacity utilisation — The share of installed production capacity that a factory actually uses.