मुख्य सामग्री पर जाएं
फांट का आकार बढ़ाएं नियमित फांट आकार फांट का आकार घटाएं  डार्क थीम का प्रयोग करें सामान्‍य थीम का प्रयोग करें
English
Click here to Visit the RBI’s new website

Reserve Bank of India

BBBPLogo

प्रकाशन

वर्ष 2024-25 की दूसरी तिमाही (Q2) के लिए विनिर्माण क्षेत्र का औद्योगिक परिदृश्य सर्वेक्षण

भारतीय रिज़र्व बैंक ने आज त्रैमासिक औद्योगिक परिदृश्य सर्वेक्षण (आइओएस) के 107वें दौर के परिणाम जारी किये। इस सर्वेक्षण में वर्ष 2024-25 की दूसरी तिमाही के लिए भारतीय विनिर्माण कंपनियों द्वारा कारोबार के परिवेश का गुणात्मक मूल्यांकन और वर्ष 2024-251 की  तीसरी तिमाही के लिए उक्त कंपनियों की अपेक्षाओं के साथ-साथ आगामी दो तिमाहियों के लिए चयनित मापदंडों पर उनके परिदृश्य को समाहित किया गया है। जुलाई से सितंबर 2024 की अवधि के दौरान किए गए सर्वेक्षण2 के इस दौर में कुल 1,300 कंपनियों ने प्रत्युत्तर दिए।

विशेष:

क. दूसरी तिमाही (Q2) 2024-25 का मूल्यांकन

  • निर्माताओं के मांग स्थितियों में दूसरी तिमाही: 2024-25 के दौरान वृद्धि के आकलन में पिछली तिमाही की तुलना में नरमी आई है, जो उनके उत्पादन, ऑर्डर बुक, क्षमता उपयोग, रोजगार और समग्र व्यवसायिक स्थिति के मापदंडों के आकलन में परिलक्षित होती है (सारणी - ए)।

  • कच्चे माल की लागत, वित्तपोषण लागत और वेतन व्यय से दबाव कम होने का आकलन किया गया और, तदनुसार, बिक्री मूल्य और लाभ मार्जिन में वृद्धि में नरमी आई है।

  • व्यवसाय मूल्यांकन सूचकांक (बीएआई) विस्तार क्षेत्र में रहा, लेकिन पिछली तिमाही के 110.8 के स्तर से घटकर 2024-25 की दूसरी तिमाही में 108.3 पर आ गया (चार्ट 1)।

ख.  तीसरी तिमाही (Q3) 2024-25 के लिए अपेक्षाएँ

  • निर्माता 2024-25 की तीसरी तिमाही के दौरान भी मांग की स्थिति पर आशावाद बने रहें।

  • वित्तपोषण की लागत और वेतन व्यय में वृद्धि होने की संभावना है। कच्चे माल की लागत से दबाव कम होने की उम्मीद है, और बिक्री मूल्य वृद्धि की गति जारी रह सकती है।

  • व्यावसायिक अपेक्षा सूचकांक (बीईआई) पिछली तिमाही के स्तर 119.1 से बढ़कर 2024-25 की तीसरी तिमाही में 120.3 हो गया (चार्ट 1)।

Chart 1

ग. 2024-25 की चौथी तिमाही और 2025-26 की पहली तिमाही के लिए प्रत्याशाएं

  • निर्माताओं ने Q4:2024-25 और Q1:2025-26 के दौरान उत्पादन, ऑर्डर बुक, रोजगार, क्षमता उपयोग और समग्र व्यावसायिक स्थिति पर बेहतर उम्मीदे जारी की है (सारणी बी)।

  • निर्माताओं के लिए इनपुट लागत दबाव जारी रहने की संभावना है, जो मजबूत मांग की स्थिति के पीछे मूल्य निर्धारण शक्ति और बिक्री कीमतों में वृद्धि को बनाए रखने की उम्मीद करते हैं।

Table A: Summary of Net responses3 on Survey Parameters
(per cent)
Parameters Assessment period Expectation period
Q1:2024-25 Q2:2024-25 Q2:2024-25 Q3:2024-25
Production 27.9 22.9 36.3 36.3
Order Books 25.6 19.5 35.2 33.3
Pending Orders 5.9 8.0 1.8 1.8
Capacity Utilisation 18.7 15.1 29.2 29.5
Inventory of Raw Materials -5.9 -2.7 -8.3 -9.6
Inventory of Finished Goods -5.5 -3.0 -7.7 -9.9
Exports 10.9 5.3 24.8 26.2
Imports 13.9 9.1 22.8 24.3
Employment 11.2 9.7 15.6 17.6
Financial Situation (Overall) 28.5 25.6 42.2 46.4
Availability of Finance (from internal accruals) 23.0 18.1 31.8 32.1
Availability of Finance (from banks & other sources) 20.0 14.4 27.2 26.7
Availability of Finance (from overseas, if applicable) 9.8 5.1 16.9 20.2
Cost of Raw Material -49.3 -38.7 -51.0 -47.6
Cost of Finance -16.6 -10.2 -19.2 -20.2
Salary/ Other Remuneration -41.7 -17.4 -26.1 -27.4
Selling Price 8.0 0.2 17.2 17.1
Profit Margin -12.3 -10.2 9.9 13.6
Overall Business Situation 29.6 26.3 45.0 47.4

Table B: Business Expectations on Select Parameters for extended period – Net response
(per cent)
Parameters Round 106 Round 107
Q2:2024-25 Q3:2024-25 Q4:2024-25 Q1:2025-26
Overall Business Situation 45.0 47.4 53.6 53.0
Production 36.3 36.3 50.7 49.9
Order Books 35.2 33.3 47.2 48.5
Capacity Utilisation 29.2 29.5 47.2 46.0
Employment 15.6 17.6 28.1 29.7
Cost of Raw Materials -51.0 -47.6 -46.2 -46.2
Selling Prices 17.2 17.1 28.9 29.5

Note: Please see the excel file for time series data.

Table 1: Assessment and Expectations for Production
(Percentage responses)@
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 45.2 11.2 43.6 34.0 63.0 5.0 31.9

58.0
Q3:2023-24 1,040 41.2 12.2 46.7 29.0 70.9 5.7 23.4

65.1
Q4:2023-24 1,354 46.6 12.3 41.1 34.4 62.3 4.2 33.6

58.1
Q1:2024-25 1,351 41.4 13.6 45.0 27.9 60.0 6.0 34.0

54.0
Q2:2024-25 1,300 37.6 14.7 47.7 22.9 40.7 4.3 55.0

36.3
Q3:2024-25           40.5 4.3 55.2

36.3
‘Increase’ in production is optimistic.
@: Due to rounding off Percentage may not add up to 100.

Table 2: Assessment and Expectations for Order Books
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 41.1 10.4 48.5 30.7 63.0 4.8 32.2 58.1
Q3:2023-24 1,040 38.3 12.0 49.7 26.3 68.5 6.1 25.4 62.3
Q4:2023-24 1,354 43.4 11.6 44.9 31.8 61.8 6.0 32.1 55.8
Q1:2024-25 1,351 39.9 14.3 45.9 25.6 57.1 6.0 36.9 51.1
Q2:2024-25 1,300 35.3 15.8 48.9 19.5 39.4 4.2 56.3 35.2
Q3:2024-25           38.1 4.8 57.0 33.3
‘Increase’ in order books is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 3: Assessment and Expectations for Pending Orders
(Percentage responses)
Quarter Total response Assessment Expectations
Above Normal Below Normal Normal Net response Above Normal Below Normal Normal Net response
Q2:2023-24 1,223 8.6 11.6 79.8 3.1 10.9 9.2 79.9 -1.7
Q3:2023-24 1,040 8.6 11.9 79.4 3.3 9.7 8.5 81.8 -1.1
Q4:2023-24 1,354 5.5 11.7 82.8 6.2 8.2 9.3 82.5 1.1
Q1:2024-25 1,351 5.7 11.6 82.7 5.9 6.4 8.1 85.5 1.8
Q2:2024-25 1,300 3.1 11.1 85.8 8.0 4.2 6.0 89.8 1.8
Q3:2024-25           3.8 5.6 90.5 1.8
Pending orders ‘Below Normal’ is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 4: Assessment and Expectations for Capacity Utilisation (Main Product)
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 38.2 8.7 53.0 29.5 51.8 5.2 42.9 46.6
Q3:2023-24 1,040 30.1 10.6 59.3 19.6 62.1 4.6 33.3 57.5
Q4:2023-24 1,354 34.9 9.9 55.2 24.9 51.2 4.6 44.2 46.7
Q1:2024-25 1,351 30.1 11.4 58.6 18.7 48.4 4.8 46.8 43.6
Q2:2024-25 1,300 25.1 10.0 65.0 15.1 33.2 4.0 62.9 29.2
Q3:2024-25           33.4 3.9 62.6 29.5
‘Increase’ in capacity utilisation is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 5: Level of capacity utilisation (compared to the average in preceding 4 quarters)
(Percentage responses)
Quarter Total response Assessment Expectations
Above Normal Below Normal Normal Net response Above Normal Below Normal Normal Net response
Q2:2023-24 1,223 30.5 9.0 60.6 21.5 39.0 6.0 55.1 33.0
Q3:2023-24 1,040 26.2 9.4 64.4 16.7 36.1 6.1 57.8 30.1
Q4:2023-24 1,354 20.0 10.4 69.6 9.6 33.3 5.7 61.1 27.6
Q1:2024-25 1,351 16.2 11.7 72.1 4.6 22.5 7.1 70.4 15.4
Q2:2024-25 1,300 14.9 8.1 77.0 6.8 13.1 4.7 82.2 8.4
Q3:2024-25           14.4 3.8 81.8 10.5
‘Above Normal’ in Level of capacity utilisation is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 6: Assessment and Expectations for Assessment of Production Capacity (with regard to expected demand in next 6 months)
(Percentage responses)
Quarter Total response Assessment Expectations
More than adequate Less than adequate Adequate Net response More than adequate Less than adequate Adequate Net response
Q2:2023-24 1,223 23.3 4.0 72.7 19.3 43.4 3.9 52.7 39.5
Q3:2023-24 1,040 25.1 4.7 70.2 20.4 42.7 3.2 54.1 39.5
Q4:2023-24 1,354 17.7 5.6 76.7 12.1 38.5 3.6 57.9 34.9
Q1:2024-25 1,351 9.8 3.2 87.0 6.6 27.2 4.7 68.1 22.5
Q2:2024-25 1,300 6.9 2.1 90.9 4.8 14.7 2.5 82.8 12.3
Q3:2024-25           12.8 1.5 85.7 11.3
‘More than adequate’ in Assessment of Production Capacity is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 7: Assessment and Expectations for Exports
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 27.7 10.0 62.3 17.7 57.9 4.4 37.7 53.5
Q3:2023-24 1,040 25.1 13.5 61.3 11.6 58.1 5.0 36.9 53.1
Q4:2023-24 1,354 26.4 10.7 62.9 15.7 50.3 6.7 43.0 43.6
Q1:2024-25 1,351 23.7 12.8 63.4 10.9 41.6 5.5 52.9 36.1
Q2:2024-25 1,300 18.4 13.2 68.4 5.3 29.2 4.4 66.4 24.8
Q3:2024-25           31.2 5.0 63.9 26.2
‘Increase’ in exports is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 8: Assessment and Expectations for Imports
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 25.5 8.2 66.3 17.2 55.8 3.2 41.0 52.6
Q3:2023-24 1,040 23.2 8.7 68.0 14.5 54.8 3.9 41.3 51.0
Q4:2023-24 1,354 21.6 7.8 70.6 13.8 45.2 4.2 50.6 41.0
Q1:2024-25 1,351 21.6 7.7 70.7 13.9 35.2 4.1 60.7 31.1
Q2:2024-25 1,300 17.6 8.5 73.8 9.1 25.7 3.0 71.3 22.8
Q3:2024-25           28.0 3.6 68.4 24.3
‘Increase’ in imports is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 9: Assessment and Expectations for level of Raw Materials Inventory
(Percentage responses)
Quarter Total response Assessment Expectations
Above average Below average Average Net response Above average Below average Average Net response
Q2:2023-24 1,223 11.5 5.3 83.2 -6.1 33.0 4.0 63.1 -29.0
Q3:2023-24 1,040 12.9 4.1 83.0 -8.9 30.9 3.6 65.6 -27.3
Q4:2023-24 1,354 13.3 6.0 80.7 -7.3 27.4 1.7 70.9 -25.7
Q1:2024-25 1,351 11.9 6.0 82.1 -5.9 20.2 3.9 75.9 -16.3
Q2:2024-25 1,300 8.8 6.1 85.1 -2.7 10.7 2.3 87.0 -8.3
Q3:2024-25           11.9 2.3 85.8 -9.6
‘Below average’ Inventory of raw materials is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 10: Assessment and Expectations for level of Finished Goods Inventory
(Percentage responses)
Quarter Total response Assessment Expectations
Above average Below average Average Net response Above average Below average Average Net response
Q2:2023-24 1,223 11.7 4.5 83.7 -7.2 33.2 4.4 62.4 -28.8
Q3:2023-24 1,040 14.0 4.5 81.5 -9.5 31.4 3.3 65.3 -28.2
Q4:2023-24 1,354 12.4 6.0 81.7 -6.4 27.3 2.0 70.7 -25.3
Q1:2024-25 1,351 11.9 6.4 81.7 -5.5 20.1 3.9 75.9 -16.2
Q2:2024-25 1,300 9.5 6.5 84.0 -3.0 10.3 2.6 87.1 -7.7
Q3:2024-25           12.1 2.2 85.8 -9.9
‘Below average’ Inventory of finished goods is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 11: Assessment and Expectations for Employment Outlook
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 25.1 7.1 67.7 18.0 43.5 3.0 53.5 40.5
Q3:2023-24 1,040 25.1 6.9 67.9 18.2 42.5 3.7 53.8 38.8
Q4:2023-24 1,354 21.7 4.9 73.4 16.8 41.7 2.2 56.1 39.5
Q1:2024-25 1,351 18.5 7.3 74.1 11.2 31.3 2.2 66.5 29.1
Q2:2024-25 1,300 15.9 6.2 77.9 9.7 17.7 2.1 80.2 15.6
Q3:2024-25           19.3 1.6 79.1 17.6

‘Increase’ in employment is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 12: Assessment and Expectations for Overall Financial Situation
(Percentage responses)
Quarter Total response Assessment Expectations
Better Worsen No change Net response Better Worsen No change Net response
Q2:2023-24 1,223 41.6 10.7 47.7 30.9 60.2 3.9 35.9 56.3
Q3:2023-24 1,040 36.8 11.2 52.0 25.6 68.7 5.1 26.2 63.5
Q4:2023-24 1,354 45.0 10.1 44.9 34.8 58.2 4.0 37.8 54.2
Q1:2024-25 1,351 40.9 12.4 46.7 28.5 59.2 5.2 35.6 54.0
Q2:2024-25 1,300 37.5 11.9 50.6 25.6 44.7 2.5 52.8 42.2
Q3:2024-25           49.1 2.7 48.1 46.4
‘Better’ overall financial situation is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 13: Assessment and Expectations for Working Capital Finance Requirement
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 38.4 5.1 56.6 33.3 53.3 2.2 44.4 51.1
Q3:2023-24 1,040 32.8 6.9 60.3 26.0 60.2 2.6 37.3 57.6
Q4:2023-24 1,354 37.5 4.7 57.8 32.8 49.6 2.9 47.6 46.7
Q1:2024-25 1,351 31.6 6.5 61.9 25.1 46.6 3.0 50.4 43.6
Q2:2024-25 1,300 24.1 4.7 71.2 19.4 32.0 2.1 66.0 29.9
Q3:2024-25           32.4 1.2 66.5 31.2
‘Increase’ in working capital finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 14: Assessment and Expectations for Availability of Finance (from Internal Accruals)
(Percentage responses)
Quarter Total response Assessment Expectations
Improve Worsen No change Net response Improve Worsen No change Net response
Q2:2023-24 1,223 37.1 6.3 56.6 30.8 54.4 2.1 43.5 52.3
Q3:2023-24 1,040 30.6 6.9 62.5 23.7 61.6 2.5 35.9 59.1
Q4:2023-24 1,354 35.9 6.0 58.0 29.9 49.3 2.0 48.7 47.4
Q1:2024-25 1,351 29.5 6.5 64.0 23.0 47.7 2.9 49.4 44.8
Q2:2024-25 1,300 23.5 5.4 71.1 18.1 33.0 1.2 65.9 31.8
Q3:2024-25           32.9 0.8 66.3 32.1
‘Improvement’ in availability of finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 15: Assessment and Expectations for Availability of Finance (from banks and other sources)
(Percentage responses)
Quarter Total response Assessment Expectations
Improve Worsen No change Net response Improve Worsen No change Net response
Q2:2023-24 1,223 34.9 5.7 59.4 29.1 50.5 1.5 47.9 49.0
Q3:2023-24 1,040 28.8 5.6 65.5 23.2 58.2 2.5 39.3 55.8
Q4:2023-24 1,354 31.2 5.1 63.6 26.1 46.5 2.1 51.4 44.5
Q1:2024-25 1,351 25.9 5.9 68.3 20.0 43.2 2.8 54.0 40.5
Q2:2024-25 1,300 18.7 4.3 77.0 14.4 28.7 1.4 69.9 27.2
Q3:2024-25           27.4 0.7 72.0 26.7
‘Improvement’ in availability of finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 16: Assessment and Expectations for Availability of Finance (from overseas, if applicable)
(Percentage responses)
Quarter Total response Assessment Expectations
Improve Worsen No change Net response Improve Worsen No change Net response
Q2:2023-24 1,223 24.3 5.7 69.9 18.6 52.4 2.0 45.7 50.4
Q3:2023-24 1,040 20.2 6.0 73.9 14.2 56.4 2.9 40.7 53.5
Q4:2023-24 1,354 21.2 5.2 73.6 15.9 45.3 1.4 53.4 43.9
Q1:2024-25 1,351 16.2 6.5 77.3 9.8 35.9 2.7 61.5 33.2
Q2:2024-25 1,300 9.4 4.3 86.4 5.1 18.1 1.2 80.7 16.9
Q3:2024-25           20.6 0.4 79.0 20.2
‘Improvement’ in availability of finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 17: Assessment and Expectations for Cost of Finance
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 33.0 6.6 60.4 -26.4 56.4 2.2 41.5 -54.2
Q3:2023-24 1,040 29.2 6.8 64.0 -22.5 58.5 3.6 37.9 -54.9
Q4:2023-24 1,354 31.3 6.5 62.3 -24.8 48.8 2.9 48.3 -45.9
Q1:2024-25 1,351 23.3 6.7 70.0 -16.6 40.3 4.1 55.6 -36.3
Q2:2024-25 1,300 14.3 4.1 81.6 -10.2 22.1 2.9 75.0 -19.2
Q3:2024-25           22.2 2.0 75.8 -20.2
‘Decrease’ in cost of finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here. The column heads, namely ‘Increase’ and ‘Decrease’ in data releases for rounds 82-87 were interchanged and should be read as above.

Table 18: Assessment and Expectations for Cost of Raw Materials
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 49.3 5.5 45.3 -43.8 60.6 2.4 37.0 -58.3
Q3:2023-24 1,040 41.8 8.4 49.7 -33.4 67.8 2.8 29.3 -65.0
Q4:2023-24 1,354 50.2 6.3 43.5 -43.8 57.0 2.9 40.1 -54.2
Q1:2024-25 1,351 53.9 4.6 41.5 -49.3 55.9 3.1 40.9 -52.8
Q2:2024-25 1,300 44.5 5.8 49.8 -38.7 52.1 1.1 46.9 -51.0
Q3:2024-25           49.2 1.6 49.3 -47.6
‘Decrease’ in cost of raw materials is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 19: Assessment and Expectations for Salary/Other Remuneration
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 32.3 3.5 64.2 -28.8 49.8 0.5 49.7 -49.3
Q3:2023-24 1,040 30.3 4.1 65.7 -26.2 47.3 1.7 51.0 -45.6
Q4:2023-24 1,354 26.1 1.8 72.1 -24.3 42.9 0.9 56.2 -42.0
Q1:2024-25 1,351 42.9 1.2 55.9 -41.7 52.9 0.9 46.2 -51.9
Q2:2024-25 1,300 18.8 1.4 79.8 -17.4 26.7 0.6 72.7 -26.1
Q3:2024-25           27.8 0.3 71.9 -27.4
‘Decrease’ in Salary / other remuneration is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 20: Assessment and Expectations for Selling Price
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 22.3 10.6 67.1 11.7 46.9 5.4 47.7 41.4
Q3:2023-24 1,040 22.0 11.9 66.1 10.2 45.2 5.2 49.6 40.1
Q4:2023-24 1,354 18.9 10.8 70.3 8.1 40.4 5.6 54.0 34.8
Q1:2024-25 1,351 18.5 10.5 71.0 8.0 30.5 5.7 63.8 24.7
Q2:2024-25 1,300 10.9 10.7 78.4 0.2 20.3 3.1 76.5 17.2
Q3:2024-25           19.3 2.2 78.5 17.1
‘Increase’ in selling price is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 21: Assessment and Expectations for Profit Margin
(Percentage responses)
Quarter Total response Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q2:2023-24 1,223 21.9 17.4 60.7 4.5 43.8 8.1 48.1 35.7
Q3:2023-24 1,040 20.5 19.1 60.4 1.4 45.5 9.7 44.8 35.8
Q4:2023-24 1,354 17.2 20.6 62.1 -3.4 40.3 9.5 50.2 30.8
Q1:2024-25 1,351 13.0 25.3 61.7 -12.3 30.4 10.4 59.2 20.0
Q2:2024-25 1,300 12.2 22.4 65.4 -10.2 16.7 6.8 76.4 9.9
Q3:2024-25           19.4 5.8 74.9 13.6
‘Increase’ in profit margin is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 22: Assessment and Expectations for Overall Business Situation
(Percentage responses)
Quarter Total response Assessment Expectations
Better Worsen No change Net response Better Worsen No change Net response
Q2:2023-24 1,223 46.0 11.8 42.2 34.3 65.0 4.3 30.7 60.7
Q3:2023-24 1,040 40.6 12.0 47.4 28.6 73.1 5.2 21.7 67.9
Q4:2023-24 1,354 47.2 11.3 41.4 35.9 62.5 4.2 33.3 58.3
Q1:2024-25 1,351 42.7 13.1 44.2 29.6 62.0 5.5 32.5 56.5
Q2:2024-25 1,300 39.7 13.3 47.0 26.3 47.4 2.5 50.1 45.0
Q3:2024-25           51.2 3.9 44.9 47.4
‘Better’ Overall Business Situation is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 23: Business Sentiments4
Quarter Business Assessment Index (BAI) Business Expectations Index (BEI)
Q2:2023-24 115.0 132.5
Q3:2023-24 113.9 135.4
Q4:2023-24 114.2 130.3
Q1:2024-25 110.8 127.2
Q2:2024-25 108.3 119.1
Q3:2024-25   120.3

1 सर्वेक्षण के परिणाम उत्तरदाताओं के विचारों को दर्शाते हैं, जिन्हें आवश्यक रूप से रिज़र्व बैंक द्वारा साझा नहीं किया जाता है।

2 पिछले सर्वेक्षण दौर के परिणाम 8 अगस्त, 2024 को बैंक की वेबसाइट पर जारी किए गए।

3 Net Response (NR) is the difference between the percentage of respondents reporting optimism and those reporting pessimism. It ranges between -100 to 100. Any value greater than zero indicates expansion/optimism and any value less than zero indicates contraction/pessimism. In other words, NR = (I – D), where, I is the percentage response of ‘Increase/optimism’, and D is the percentage response of ‘Decrease/pessimism’ and E is the percentage response as ‘no change/equal’ (i.e., I+D+E=100).  For example, increase in production is optimism whereas decrease in cost of raw material is optimism.

4 प्रत्येक सर्वेक्षण दौर के लिए, दो सारांश सूचकांकों की गणना की जाती है - एक मूल्यांकन पर आधारित [अर्थात, व्यवसाय मूल्यांकन सूचकांक (BAI)] और दूसरा अपेक्षाओं पर आधारित [अर्थात, व्यावसायिक अपेक्षाएँ सूचकांक (BEI)]। प्रत्येक सूचकांक एक समग्र संकेतक है जिसकी गणना नौ व्यावसायिक मापदंडों के एक साधारण औसत के रूप में की जाती है, जहां प्रत्येक पैरामीटर को भारित शुद्ध प्रतिक्रिया के रूप में प्राप्त किया जाता है, भार सकल मूल्य वर्धित (जीवीए) में उद्योग समूहों का हिस्सा होता है। विचार किए गए नौ पैरामीटर हैं: (1) समग्र व्यावसायिक स्थिति; (2) उत्पादन; (3) ऑर्डर बुक; (4) कच्चे माल की सूची; (5) तैयार माल की सूची; (6) लाभ मार्जिन; (7) रोजगार; (8) निर्यात; और (9) क्षमता उपयोग। बीएआई/बीईआई प्रत्येक तिमाही में कारोबारी दृष्टिकोण का एक स्नैपशॉट देता है एवं 0 और 200 के बीच मानक लेता है, जिसमें 100 संकुचन से विस्तार को अलग करने वाली सीमा है।


2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
पुरालेख
Server 214
शीर्ष