Context:
The Reserve Bank of India (RBI) has launched the 111th round of the Industrial Outlook Survey (IOS) and the 46th round of the Services and Infrastructure Outlook Survey (SIOS) to assess the evolving business climate across key sectors of the Indian economy.
Industrial Outlook Survey (IOS) – 111th Round
- Objective: To gauge the business sentiments in the manufacturing sector.
- Coverage Period:
- Current Quarter: Q2:2025–26
- Ensuing Quarter: Q3:2025–26
- Indicators Covered:
- Demand conditions
- Financial conditions
- Employment outlook
- Pricing trends
- Future Outlook: Includes projections for Q4:2025–26 and Q1:2026–27 on key business parameters.
Services and Infrastructure Outlook Survey (SIOS) – 46th Round
- Purpose: To assess business conditions in the services and infrastructure sectors.
- Coverage Period:
- Current Quarter: Q2:2025–26
- Ensuing Quarter: Q3:2025–26
- Parameters Studied: Same indicators as IOS—demand, financial health, employment, and pricing.
- Forward-Looking Perspective: Also collects expectations for Q4:2025–26 and Q1:2026–27.
Importance of These Surveys
- These quarterly surveys help RBI in:
- Monitoring macroeconomic conditions
- Formulating monetary and credit policy
- Understanding sector-specific trends and bottlenecks