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49th Services and Infrastructure Outlook Survey Q1 2026-27

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Summary

The Reserve Bank of India has launched the 49th round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for Q1 2026-27 (April-June 2026). The survey assesses business conditions and expectations from selected companies in the services and infrastructure sectors. Participation is voluntary for non-selected companies who may download the questionnaire from the RBI website.

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What changed

RBI has launched the 49th round of its quarterly Services and Infrastructure Outlook Survey (SIOS) for the reference period April-June 2026 (Q1 2026-27). The survey covers demand conditions, financial conditions, employment conditions, and price situation, with outlooks for subsequent quarters.

Services and infrastructure companies selected by the survey agency Genesis Management & Market Research Pvt. Ltd. should respond to the questionnaire. Other companies in these sectors are encouraged but not required to participate. Survey findings are released in summary form without revealing respondent identities.

Archived snapshot

Apr 17, 2026

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Press Releases

| () | |
| Date : Apr 16, 2026 | |
| Launching of 49th Round of Quarterly Services and Infrastructure Outlook Survey (SIOS) Q1:2026-27 | |
| | The Reserve Bank has launched the 49th round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the reference period April-June 2026. The survey assesses the business situation for the current quarter (Q1:2026-27) from selected companies in the services and infrastructure sectors in India and their expectations for the ensuing quarter (Q2:2026-27) based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q3:2026-27 and Q4:2026-27) are also covered.

  1. The survey findings are released in summary form on the website of the Bank regularly, where identity of the respondents is not revealed.

  2. M/s Genesis Management & Market Research Pvt. Ltd. has been authorised to conduct the survey for April-June 2026 quarter on behalf of the Reserve Bank. While the agency will approach selected companies, other companies in the services and infrastructure sectors are also encouraged to participate in the survey by downloading the survey questionnaire from the Bank’s website, under the sub-head ‘ Survey ’. The duly authenticated filled-in survey questionnaire may be e-mailed as per contact details given therein.

  3. In case of any query/clarification, kindly contact us at the following address:

The Director
Division of Enterprise Surveys,
Department of Statistics and Information Management,
Reserve Bank of India, C-8, 2nd Floor, Bandra-Kurla Complex,
Bandra (East), Mumbai-400051.
Phone: 022-26578664, 022-26578275
Please click here to send email.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/92 | | The Reserve Bank has launched the 49th round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the reference period April-June 2026. The survey assesses the business situation for the current quarter (Q1:2026-27) from selected companies in the services and infrastructure sectors in India and their expectations for the ensuing quarter (Q2:2026-27) based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q3:2026-27 and Q4:2026-27) are also covered.

  1. The survey findings are released in summary form on the website of the Bank regularly, where identity of the respondents is not revealed.

  2. M/s Genesis Management & Market Research Pvt. Ltd. has been authorised to conduct the survey for April-June 2026 quarter on behalf of the Reserve Bank. While the agency will approach selected companies, other companies in the services and infrastructure sectors are also encouraged to participate in the survey by downloading the survey questionnaire from the Bank’s website, under the sub-head ‘ Survey ’. The duly authenticated filled-in survey questionnaire may be e-mailed as per contact details given therein.

  3. In case of any query/clarification, kindly contact us at the following address:

The Director
Division of Enterprise Surveys,
Department of Statistics and Information Management,
Reserve Bank of India, C-8, 2nd Floor, Bandra-Kurla Complex,
Bandra (East), Mumbai-400051.
Phone: 022-26578664, 022-26578275
Please click here to send email.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/92 |
| The Reserve Bank has launched the 49th round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the reference period April-June 2026. The survey assesses the business situation for the current quarter (Q1:2026-27) from selected companies in the services and infrastructure sectors in India and their expectations for the ensuing quarter (Q2:2026-27) based on qualitative responses on a set of indicators pertaining to demand conditions, financial conditions, employment conditions and the price situation. The outlook on key parameters for the two subsequent quarters (Q3:2026-27 and Q4:2026-27) are also covered.

  1. The survey findings are released in summary form on the website of the Bank regularly, where identity of the respondents is not revealed.

  2. M/s Genesis Management & Market Research Pvt. Ltd. has been authorised to conduct the survey for April-June 2026 quarter on behalf of the Reserve Bank. While the agency will approach selected companies, other companies in the services and infrastructure sectors are also encouraged to participate in the survey by downloading the survey questionnaire from the Bank’s website, under the sub-head ‘ Survey ’. The duly authenticated filled-in survey questionnaire may be e-mailed as per contact details given therein.

  3. In case of any query/clarification, kindly contact us at the following address:

The Director
Division of Enterprise Surveys,
Department of Statistics and Information Management,
Reserve Bank of India, C-8, 2nd Floor, Bandra-Kurla Complex,
Bandra (East), Mumbai-400051.
Phone: 022-26578664, 022-26578275
Please click here to send email.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2026-2027/92 | |

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Last updated

Classification

Agency
RBI
Published
April 16th, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
Press Release: 2026-2027/92

Who this affects

Applies to
Services companies Infrastructure companies
Industry sector
9211 Government & Public Administration
Activity scope
Economic surveys Enterprise data collection
Geographic scope
IN IN

Taxonomy

Primary area
Banking
Operational domain
Risk Management
Topics
Financial Services Economic Policy

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