RBI launches 116th industrial outlook survey of manufacturers
RBI is asking manufacturing companies how business is going in October to December 2026 and what they expect over the following three quarters.
Official title: Launching of 116th Round of Quarterly Industrial Outlook Survey (IOS) - Q3:2026-27 · Press Release 2026-2027/1311
What happened
RBI has launched round 116 of its quarterly Industrial Outlook Survey of manufacturers for October to December 2026. Firms rate demand, finances, hiring and prices for the current quarter and give their outlook for January to March 2027 and the two quarters after.
These sentiment readings help RBI spot turns in the economy early. In the last round, manufacturers reported improving demand, with the business assessment index rising to 104.4, and expected strong production ahead along with high costs. Genesis Management & Market Research Pvt. Ltd. will contact selected companies for RBI, and other manufacturers can take part by downloading the form.
What it means for you
No direct effect. The results help RBI judge where prices and jobs in factories are heading.
What it means for businesses
Any manufacturer can download the questionnaire from RBI's website and take part. Individual responses are kept confidential.
Links in this release, explained
- IOS round 116 questionnaire (PDF)
The questionnaire for round 116, which manufacturers fill in with their assessment and expectations.
rbidocs.rbi.org.in/rdocs/Forms/PDFs/IOS116RD12102026.PDF - Previous round results
Results of the previous round, for July to September 2026, showing manufacturers' views on demand, costs and hiring.
rbi.org.in/Scripts/PublicationsView.aspx?id=24090 - RBI Forms page
RBI's Forms page, which lists downloadable forms, including survey questionnaires.
www.rbi.org.in/Scripts/BS_ViewForms.aspx - RBI survey forms
The Survey section of RBI's Forms page, where companies can download this and other survey questionnaires.
www.rbi.org.in/Scripts/BS_ViewForms.aspx?FCId=40
Read the original
Press release on rbi.org.in ↗ Official PDF ↗
This explainer simplifies the official text. If anything here differs from the RBI's release, the release is right.