The quarterly Order Books, Inventories and Capacity Utilisation Survey (OBICUS) covering 752 manufacturing companies, conducted in the fourth quarter of 2022-23 by the RBI, shows that capacity utilisation is at a multi-year high. However, the year-on-year growth in order book has slowed down compared to the previous quarters with inventories piling up.
Capacity utilisation at a 10-year high
Published on
August 25, 2023 16:58
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