Reserve Bank released the results of its 71st round of the quarterly Order Books, Inventories, and Capacity Utilisation Survey (OBICUS), which was conducted during Q3:2025-26 and covered 1,114 manufacturing companies. The survey provides a snapshot of the demand conditions in India's manufacturing sector during July-September 2025. At the aggregate level, capacity utilisation (CU) in the manufacturing sector increased marginally to 74.3 per cent in Q2:2025-26 from 74.1 per cent in the previous quarter. However, the seasonally adjusted CU (CU-SA) declined by 100 basis points from the previous quarter and stood at 74.8 per cent in Q2:2025-26. Both CU and CU-SA for Q2:2025-26 increased by 10 basis points as compared to their levels in the corresponding quarter of the previous year.

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