617 भारतीय रिज़र्व बैंक - प्रकाशन
मुख्य सामग्री पर जाएं
Click here to Visit the RBI’s new website

भारतीय रिज़र्व बैंक

बेटी बचाओ, बेटी पढ़ाओ

प्रकाशन

वर्ष 2025-26 की पहली तिमाही (Q1) के लिए विनिर्माण क्षेत्र का औद्योगिक परिदृश्य सर्वेक्षण

भारतीय रिज़र्व बैंक ने आज त्रैमासिक औद्योगिक परिदृश्य सर्वेक्षण (आइओएस) के 110वें दौर के परिणाम जारी किये। इस सर्वेक्षण1 में वर्ष 2025-26 की पहली तिमाही के लिए भारतीय विनिर्माण कंपनियों द्वारा कारोबार के परिवेश का गुणात्मक मूल्यांकन और वर्ष 2025-26 की दूसरी 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। अप्रैल से जून 2025 की अवधि के दौरान किए गए सर्वेक्षण2 के इस दौर में कुल 1,315 कंपनियों ने प्रत्युत्तर दिए।

विशेष:

क. पहली तिमाही (Q1) 2025-26 का मूल्यांकन

  • निर्माताओं ने पिछली तिमाही की तुलना में मांग की स्थिति में मौसमी नरमी की सूचना दी, जैसा कि उत्पादन, ऑर्डर बुक और क्षमता उपयोग (तालिका A) पर उनके मूल्यांकन में परिलक्षित होता है।

  • इनपुट लागत का दबाव मामूली रूप से कम हुआ; हालाँकि, अधिकांश उत्तरदाताओं ने इनपुट लागत में वृद्धि की ओर संकेत किया।

  • कुल मिलाकर, व्यवसाय मूल्यांकन सूचकांक के माध्यम से मापी गई विनिर्माण क्षेत्र की व्यावसायिक भावना, 2025-26 की पहली तिमाही (चार्ट 1) के दौरान नरम रही।

ख. दूसरी तिमाही (Q2) 2025-26 के लिए अपेक्षाएँ

  • निर्माताओं को मांग की स्थिति में सुधार की उम्मीद है, जैसा कि उत्पादन, ऑर्डर बुक, क्षमता उपयोग और निर्यात पर उनकी बेहतर अपेक्षाओं से परिलक्षित होता है।

  • इनपुट लागत का दबाव उच्च बना रहने की उम्मीद है, जबकि वित्तीय लागत और वेतन व्यय का दबाव कम होने की संभावना है।

  • आशावादी मांग स्थितियों के समर्थन से, विक्रय मूल्य और लाभ मार्जिन में सुधार की उम्मीद है।

  • व्यापार अपेक्षा सूचकांक (BEI) Q1:2025-26 के 117.5 के स्तर से सुधरकर Q2:2025-26 में 126.2 हो गया (चार्ट 1)।

Chart 1: Business Sentiment

ग. 2025-26 की तीसरी और चौथी तिमाही के लिए अपेक्षाएँ

  • निर्माता Q3 और Q4:2025-26 के दौरान उत्पादन, ऑर्डर बुक, क्षमता उपयोग और समग्र व्यावसायिक स्थिति के संबंध में भारी आशावादी बने रहेंगे (तालिका बी)।

  • निर्माताओं के लिए इनपुट लागत दबाव बना रहने की संभावना है, वे बिक्री मूल्य में वृद्धि को पारित करने के लिए अपनी कीमत निर्धारण शक्ति के उपयोग की अपेक्षा भी करते हैं।

Table A: Summary of Net responses3 on Survey Parameters
(per cent)
Parameters Assessment period Expectation period
Q4:2024-25* Q1:2025-26 Q1:2025-26* Q2:2025-26
Production 27.9 21.4 36.9 53.3
Order Books 24.4 19.9 35.6 52.1
Pending Orders 6.2 12.3 2.5 1.7
Capacity Utilisation 18.7 16.0 31.0 43.8
Inventory of Raw Materials -6.4 3.0 -8.7 -12.1
Inventory of Finished Goods -7.9 2.6 -9.1 -12.5
Exports 13.5 10.9 18.4 34.7
Imports 12.3 10.7 16.1 33.2
Employment 12.0 10.6 12.9 23.7
Financial Situation (Overall) 27.0 21.0 36.3 53.9
Availability of Finance (from internal accruals) 22.3 20.1 30.4 46.5
Availability of Finance (from banks & other sources) 15.1 16.4 21.7 40.7
Availability of Finance (from overseas, if applicable) 3.8 7.6 9.7 32.4
Cost of Raw Material -47.2 -46.6 -40.1 -54.9
Cost of Finance -10.8 -7.2 -12.8 -12.5
Salary/ Other Remuneration -18.0 -27.1 -36.8 -31.6
Selling Price 4.4 6.8 12.5 23.8
Profit Margin -9.5 -5.0 7.0 20.1
Overall Business Situation 28.4 18.0 38.8 51.5
*: Based on the previous round’s response.

Table B: Business Expectations on Select Parameters for extended period – Net response
(per cent)
Parameters Round 109 Round 110
Q1:2025-26 Q2:2025-26 Q3:2025-26 Q4:2025-26
Overall Business Situation 38.8 51.5 60.8 62.0
Production 36.9 53.3 60.2 62.2
Order Books 35.6 52.1 58.7 59.6
Capacity Utilisation 31.0 43.8 56.3 57.2
Employment 12.9 23.7 27.0 27.9
Cost of Raw Materials -40.1 -54.9 -57.1 -55.8
Selling Prices 12.5 23.8 26.8 27.6

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

Table 1: Assessment and Expectations for Production
(Percentage responses)@
Quarter Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 41.4 13.6 45.0 27.9 60.0 6.0 34.0 54.0
Q2:2024-25 37.6 14.7 47.7 22.9 40.7 4.3 55.0 36.3
Q3:2024-25 42.4 16.2 41.5 26.2 40.5 4.3 55.2 36.3
Q4:2024-25 40.9 13.0 46.1 27.9 42.8 4.2 52.9 38.6
Q1:2025-26 33.6 12.1 54.3 21.4 41.4 4.6 54.0 36.9
Q2:2025-26         56.8 3.6 39.6 53.3
‘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 Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 39.9 14.3 45.9 25.6 57.1 6.0 36.9 51.1
Q2:2024-25 35.3 15.8 48.9 19.5 39.4 4.2 56.3 35.2
Q3:2024-25 40.0 18.1 41.8 21.9 38.1 4.8 57.0 33.3
Q4:2024-25 38.2 13.8 48.0 24.4 41.6 4.7 53.7 36.8
Q1:2025-26 32.3 12.4 55.3 19.9 40.7 5.1 54.2 35.6
Q2:2025-26         56.1 3.9 40.0 52.1
‘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 Assessment Expectations
Above Normal Below Normal Normal Net response Above Normal Below Normal Normal Net response
Q1:2024-25 5.7 11.6 82.7 5.9 6.4 8.1 85.5 1.8
Q2:2024-25 3.1 11.1 85.8 8.0 4.2 6.0 89.8 1.8
Q3:2024-25 4.4 14.8 80.8 10.4 3.8 5.6 90.5 1.8
Q4:2024-25 4.9 11.1 84.0 6.2 4.5 11.6 83.9 7.1
Q1:2025-26 4.4 16.8 78.8 12.3 4.3 6.8 88.9 2.5
Q2:2025-26         3.5 5.2 91.4 1.7
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 Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 30.1 11.4 58.6 18.7 48.4 4.8 46.8 43.6
Q2:2024-25 25.1 10.0 65.0 15.1 33.2 4.0 62.9 29.2
Q3:2024-25 29.9 12.5 57.6 17.4 33.4 3.9 62.6 29.5
Q4:2024-25 29.1 10.3 60.6 18.7 36.2 4.1 59.6 32.1
Q1:2025-26 27.4 11.4 61.2 16.0 35.4 4.4 60.1 31.0
Q2:2025-26         49.0 5.1 45.9 43.8
‘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 Assessment Expectations
Above Normal Below Normal Normal Net response Above Normal Below Normal Normal Net response
Q1:2024-25 16.2 11.7 72.1 4.6 22.5 7.1 70.4 15.4
Q2:2024-25 14.9 8.1 77.0 6.8 13.1 4.7 82.2 8.4
Q3:2024-25 12.0 11.2 76.7 0.8 14.4 3.8 81.8 10.5
Q4:2024-25 10.9 8.5 80.6 2.3 12.5 4.4 83.0 8.1
Q1:2025-26 18.2 14.0 67.8 4.2 9.7 4.6 85.6 5.1
Q2:2025-26         18.8 5.1 76.1 13.7
‘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 Assessment Expectations
More than adequate Less than adequate Adequate Net response More than adequate Less than adequate Adequate Net response
Q1:2024-25 9.8 3.2 87.0 6.6 27.2 4.7 68.1 22.5
Q2:2024-25 6.9 2.1 90.9 4.8 14.7 2.5 82.8 12.3
Q3:2024-25 8.8 3.7 87.5 5.0 12.8 1.5 85.7 11.3
Q4:2024-25 9.1 2.4 88.5 6.7 11.1 2.8 86.1 8.3
Q1:2025-26 9.0 10.2 80.8 -1.1 12.1 1.7 86.2 10.4
Q2:2025-26         18.6 2.7 78.8 15.9
‘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 Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 23.7 12.8 63.4 10.9 41.6 5.5 52.9 36.1
Q2:2024-25 18.4 13.2 68.4 5.3 29.2 4.4 66.4 24.8
Q3:2024-25 22.1 14.5 63.4 7.6 31.2 5.0 63.9 26.2
Q4:2024-25 23.0 9.5 67.6 13.5 29.2 4.9 65.9 24.2
Q1:2025-26 22.5 11.6 65.9 10.9 23.4 5.0 71.6 18.4
Q2:2025-26         38.8 4.0 57.2 34.7
‘Increase’ in exports is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 8: Assessment and Expectations for Imports
(Percentage responses)
Quarter Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 21.6 7.7 70.7 13.9 35.2 4.1 60.7 31.1
Q2:2024-25 17.6 8.5 73.8 9.1 25.7 3.0 71.3 22.8
Q3:2024-25 20.4 9.1 70.5 11.3 28.0 3.6 68.4 24.3
Q4:2024-25 19.0 6.8 74.3 12.3 26.6 2.7 70.7 23.9
Q1:2025-26 18.4 7.7 73.9 10.7 19.4 3.3 77.2 16.1
Q2:2025-26         36.2 3.0 60.8 33.2
‘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 Assessment Expectations
Above average Below average average Net response Above average Below average average Net response
Q1:2024-25 11.9 6.0 82.1 -5.9 20.2 3.9 75.9 -16.3
Q2:2024-25 8.8 6.1 85.1 -2.7 10.7 2.3 87.0 -8.3
Q3:2024-25 11.0 5.0 84.0 -6.0 11.9 2.3 85.8 -9.6
Q4:2024-25 11.3 4.9 83.8 -6.4 9.8 2.3 88.0 -7.5
Q1:2025-26 7.9 10.9 81.2 3.0 11.0 2.3 86.7 -8.7
Q2:2025-26         14.9 2.9 82.2 -12.1
‘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 Assessment Expectations
Above average Below average average Net response Above average Below average average Net response
Q1:2024-25 11.9 6.4 81.7 -5.5 20.1 3.9 75.9 -16.2
Q2:2024-25 9.5 6.5 84.0 -3.0 10.3 2.6 87.1 -7.7
Q3:2024-25 11.9 5.1 83.0 -6.8 12.1 2.2 85.8 -9.9
Q4:2024-25 12.6 4.7 82.7 -7.9 11.1 2.2 86.8 -8.9
Q1:2025-26 8.5 11.1 80.4 2.6 10.9 1.7 87.4 -9.1
Q2:2025-26         15.3 2.9 81.8 -12.5
‘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 Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 18.5 7.3 74.1 11.2 31.3 2.2 66.5 29.1
Q2:2024-25 15.9 6.2 77.9 9.7 17.7 2.1 80.2 15.6
Q3:2024-25 17.3 7.2 75.5 10.2 19.3 1.6 79.1 17.6
Q4:2024-25 17.4 5.4 77.2 12.0 18.0 1.2 80.8 16.7
Q1:2025-26 16.8 6.3 76.9 10.6 14.6 1.7 83.7 12.9
Q2:2025-26         25.4 1.8 72.8 23.7
‘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 Assessment Expectations
Better Worsen No change Net response Better Worsen No change Net response
Q1:2024-25 40.9 12.4 46.7 28.5 59.2 5.2 35.6 54.0
Q2:2024-25 37.5 11.9 50.6 25.6 44.7 2.5 52.8 42.2
Q3:2024-25 38.0 13.1 49.0 24.9 49.1 2.7 48.1 46.4
Q4:2024-25 37.0 10.1 52.9 27.0 44.8 3.0 52.2 41.9
Q1:2025-26 31.8 10.8 57.4 21.0 39.0 2.6 58.4 36.3
Q2:2025-26         57.0 3.0 40.0 53.9
‘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 Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 31.6 6.5 61.9 25.1 46.6 3.0 50.4 43.6
Q2:2024-25 24.1 4.7 71.2 19.4 32.0 2.1 66.0 29.9
Q3:2024-25 26.9 6.5 66.6 20.3 32.4 1.2 66.5 31.2
Q4:2024-25 24.3 5.1 70.6 19.2 30.9 2.3 66.8 28.6
Q1:2025-26 21.0 4.5 74.5 16.4 25.5 2.7 71.8 22.9
Q2:2025-26         33.4 1.9 64.6 31.5
‘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 Assessment Expectations
Improve Worsen No change Net response Improve Worsen No change Net response
Q1:2024-25 29.5 6.5 64.0 23.0 47.7 2.9 49.4 44.8
Q2:2024-25 23.5 5.4 71.1 18.1 33.0 1.2 65.9 31.8
Q3:2024-25 31.1 6.4 62.4 24.7 32.9 0.8 66.3 32.1
Q4:2024-25 27.8 5.5 66.6 22.3 35.8 1.3 62.9 34.6
Q1:2025-26 25.5 5.4 69.1 20.1 31.7 1.3 67.0 30.4
Q2:2025-26         47.8 1.3 50.8 46.5
‘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 Assessment Expectations
Improve Worsen No change Net response Improve Worsen No change Net response
Q1:2024-25 25.9 5.9 68.3 20.0 43.2 2.8 54.0 40.5
Q2:2024-25 18.7 4.3 77.0 14.4 28.7 1.4 69.9 27.2
Q3:2024-25 23.5 4.5 72.0 18.9 27.4 0.7 72.0 26.7
Q4:2024-25 19.8 4.7 75.5 15.1 27.9 0.8 71.3 27.1
Q1:2025-26 20.3 3.9 75.8 16.4 23.0 1.3 75.7 21.7
Q2:2025-26         41.2 0.5 58.3 40.7
‘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 Assessment Expectations
Improve Worsen No change Net response Improve Worsen No change Net response
Q1:2024-25 16.2 6.5 77.3 9.8 35.9 2.7 61.5 33.2
Q2:2024-25 9.4 4.3 86.4 5.1 18.1 1.2 80.7 16.9
Q3:2024-25 13.9 5.9 80.3 8.0 20.6 0.4 79.0 20.2
Q4:2024-25 8.5 4.7 86.8 3.8 19.0 1.0 79.9 18.0
Q1:2025-26 11.6 3.9 84.5 7.6 10.7 1.0 88.3 9.7
Q2:2025-26         32.9 0.5 66.5 32.4
‘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 Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 23.3 6.7 70.0 -16.6 40.3 4.1 55.6 -36.3
Q2:2024-25 14.3 4.1 81.6 -10.2 22.1 2.9 75.0 -19.2
Q3:2024-25 17.9 5.3 76.8 -12.6 22.2 2.0 75.8 -20.2
Q4:2024-25 14.3 3.6 82.1 -10.8 21.8 1.9 76.3 -19.9
Q1:2025-26 16.5 9.2 74.3 -7.2 15.5 2.7 81.8 -12.8
Q2:2025-26         26.1 13.6 60.2 -12.5
‘Decrease’ in cost of finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here.

Table 18: Assessment and Expectations for Cost of Raw Materials
(Percentage responses)
Quarter Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 53.9 4.6 41.5 -49.3 55.9 3.1 40.9 -52.8
Q2:2024-25 44.5 5.8 49.8 -38.7 52.1 1.1 46.9 -51.0
Q3:2024-25 51.9 5.4 42.7 -46.5 49.2 1.6 49.3 -47.6
Q4:2024-25 50.7 3.5 45.8 -47.2 51.7 2.5 45.8 -49.2
Q1:2025-26 50.8 4.2 44.9 -46.6 41.6 1.6 56.8 -40.1
Q2:2025-26         56.2 1.2 42.6 -54.9
‘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 Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 42.9 1.2 55.9 -41.7 52.9 0.9 46.2 -51.9
Q2:2024-25 18.8 1.4 79.8 -17.4 26.7 0.6 72.7 -26.1
Q3:2024-25 18.8 1.3 79.9 -17.5 27.8 0.3 71.9 -27.4
Q4:2024-25 19.2 1.2 79.6 -18.0 23.4 0.4 76.3 -23.0
Q1:2025-26 29.3 2.2 68.5 -27.1 37.7 0.9 61.5 -36.8
Q2:2025-26         32.1 0.5 67.3 -31.6
‘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 Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 18.5 10.5 71.0 8.0 30.5 5.7 63.8 24.7
Q2:2024-25 10.9 10.7 78.4 0.2 20.3 3.1 76.5 17.2
Q3:2024-25 15.0 12.4 72.6 2.6 19.3 2.2 78.5 17.1
Q4:2024-25 14.1 9.6 76.3 4.4 19.0 3.9 77.0 15.1
Q1:2025-26 15.7 8.8 75.5 6.8 15.7 3.2 81.2 12.5
Q2:2025-26         26.4 2.6 71.1 23.8
‘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 Assessment Expectations
Increase Decrease No change Net response Increase Decrease No change Net response
Q1:2024-25 13.0 25.3 61.7 -12.3 30.4 10.4 59.2 20.0
Q2:2024-25 12.2 22.4 65.4 -10.2 16.7 6.8 76.4 9.9
Q3:2024-25 12.4 25.2 62.4 -12.8 19.4 5.8 74.9 13.6
Q4:2024-25 10.8 20.3 69.0 -9.5 19.0 7.3 73.7 11.7
Q1:2025-26 12.0 17.0 70.9 -5.0 14.5 7.5 78.0 7.0
Q2:2025-26         26.2 6.2 67.6 20.1
‘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 Assessment Expectations
Better Worsen No change Net response Better Worsen No change Net response
Q1:2024-25 42.7 13.1 44.2 29.6 62.0 5.5 32.5 56.5
Q2:2024-25 39.7 13.3 47.0 26.3 47.4 2.5 50.1 45.0
Q3:2024-25 40.4 14.5 45.1 25.9 51.2 3.9 44.9 47.4
Q4:2024-25 40.7 12.3 46.9 28.4 48.6 3.1 48.3 45.4
Q1:2025-26 31.7 13.7 54.6 18.0 42.3 3.5 54.3 38.8
Q2:2025-26         56.7 5.2 38.2 51.5
‘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)
Q1:2024-25 110.8 127.2
Q2:2024-25 108.3 119.1
Q3:2024-25 108.5 120.3
Q4:2024-25 110.4 120.0
Q1:2025-26 109.6 117.5
Q2:2025-26   126.2

1 सर्वेक्षण के परिणाम उत्तरदाताओं के विचारों को दर्शाते हैं, जो आवश्यक रूप से रिज़र्व बैंक द्वारा साझा नहीं किए जाते हैं।

2 पिछले सर्वेक्षण दौर के परिणाम अप्रैल 09, 2025 को बैंक की वेबसाइट पर जारी किए गए थे।

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 सूचकांक की गणना की जाती है - एक मूल्यांकन के आधार पर [अर्थात, व्यापार मूल्यांकन सूचकांक (बीएआई)] और दूसरा अपेक्षाओं के आधार पर [अर्थात, व्यापार अपेक्षा सूचकांक (बीईआई)]। प्रत्येक सूचकांक एक संयुक्त 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। जिन नौ मापदंडों पर विचार किया गया है वे 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 हर तिमाही में व्यापार के दृष्टिकोण का एक स्नैपशॉट देता है और 0 से 200 के बीच मान लेता है

2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
पुरालेख
Server 214
शीर्ष