The results of the 90th round of Industrial Outlook Survey (IOS) conducted by Reserve Bank of India in April-June, 2020 have been released by the central bank. The survey aimed at assessing in a qualitative manner the business climate from the perspective of Indian manufacturers. The results have come out painting a picture of the manufacturer’s assessment for Quarter 1:2020-21. The survey has also tried to measure the manufacturer’s expectations for Quarter 2:2020-21.
As per the report released by RBI, the total number of companies that participated in the survey was 802. Considering the turbulence being felt across industries in current times, an additional section was added in the survey to garner foresights pertaining to the next two quarters and also of one year into the future.