**Executive Summary**
The Reserve Bank of India has launched the 48th round of the Quarterly Services and Infrastructure Outlook Survey (SIOS) for Q4:2025-26, covering the period January-March 2026. The survey aims to assess the business situation and expectations of companies in the services and infrastructure sectors. Findings are released regularly on the Bank's website.
**Key Points / Main Content**
* **Survey Details:**
* The 48th round of SIOS has been launched.
* The reference period is January-March 2026 (Q4:2025-26).
* Outlook for subsequent quarters (Q1:2026-27, Q2:2026-27 and Q3:2026-27) is also covered.
* **Survey Objectives:**
* Assess the business situation in the services and infrastructure sectors.
* Gauge expectations for the ensuing quarter (Q1:2026-27).
* Collect qualitative responses on demand, financial and employment conditions, and price situation.
* **Survey Participation:**
* M/s Genesis Management & Market Research Pvt. Ltd. is authorized to conduct the survey.
* Other companies in the services and infrastructure sectors are encouraged to participate.
* The survey questionnaire can be downloaded from the Bank's website under the "Survey" sub-head.
* Filled questionnaires can be emailed as per the contact details provided.
* **Survey Findings**
* Findings are released in summary form on the Bank's website regularly
* The identity of the respondents is not revealed.
* **Contact Information:**
* For queries/clarifications, contact The Director, Division of Enterprise Surveys.
* Contact details are provided in the document.
**Impact Analysis**
**Stakeholder: Reserve Bank of India**
* **Impact:** Gathers data to inform policy decisions and economic assessments.
* **Action Required:** Oversee the survey process and analyze the collected data.
**Stakeholder: Companies in Services and Infrastructure Sectors**
* **Impact:** Provides an opportunity to contribute to the overall economic outlook.
* **Action Required:** Participate in the survey by downloading, completing, and submitting the questionnaire.
**Stakeholder: General Public / Analysts**
* **Impact:** Access to survey findings to gain insights into the services and infrastructure sectors.
* **Action Required:** Monitor the Bank's website for the release of survey results.
Key Entities Referenced
Reserve Bank of India: Central bank responsible for conducting the Services and Infrastructure Outlook Survey (SIOS).
Quarterly Services and Infrastructure Outlook Survey (SIOS): Survey assessing the business situation in the services and infrastructure sectors.
Mumbai: Location of the Reserve Bank of India where survey related information is provided.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
January 14, 2026
Launching of 48th Round of Quarterly Services and Infrastructure Outlook
Survey (SIOS) Q4:2025-26
The Reserve Bank has launched the 48th round of the quarterly Services and
Infrastructure Outlook Survey (SIOS) for the reference period January-March 2026. The
survey assesses the business situation for the current quarter (Q4:2025-26) from
selected companies in the services and infrastructure sectors in India and their
expectations for the ensuing quarter (Q1:2026-27) 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 (Q2:2026-27 and Q3:2026-27) are also covered.
2. The survey findings are released in summary form on the website of the Bank
regularly, where identity of the respondents is not revealed.
3. M/s Genesis Management & Market Research Pvt. Ltd. has been authorised to
conduct the survey for January-March 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.
4. 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
Press Release: 2025-2026/1923 Deputy General Manager
(Communications)