**Executive Summary**
The Reserve Bank of India (RBI) has launched the 48th round of the quarterly Services and Infrastructure Outlook Survey (SIOS) for the January-March 2026 quarter. The survey assesses the business situation and expectations of companies in the services and infrastructure sectors. Survey findings are regularly released in summary form on the Bank's website.
**Key Points / Main Content**
* **Survey Details:**
* The SIOS covers the reference period January-March 2026 (Q4:2025-26).
* The survey gathers qualitative responses related to demand, financial and employment conditions, and price situation.
* The outlook for the two subsequent quarters (Q2:2026-27 and Q3:2026-27) are also covered.
* **Survey Findings:**
* The survey findings are released in summary form on the Bank's website regularly.
* The identity of respondents is not revealed.
* **Participation:**
* Genesis Management & Market Research Pvt. Ltd. is authorized to conduct the survey on behalf of the Reserve Bank.
* 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-in questionnaires should be emailed as per contact details in the questionnaire.
* **Contact Information:**
* For queries or clarifications, contact The Director, Division of Enterprise Surveys, Department of Statistics and Information Management.
* The address and phone numbers are provided in the document.
**Impact Analysis**
**Companies in the Services and Infrastructure Sectors**
* **Impact:** Encouraged to participate in the SIOS to provide insights on business situations and expectations.
* **Action Required:** Download the survey questionnaire from the RBI website, complete it, and submit it via email as per instructions.
**Reserve Bank of India**
* **Impact:** Gathers data to assess business conditions and expectations in the services and infrastructure sectors.
* **Action Required:** Oversee the survey process and analyse the data to inform policy decisions.
**Genesis Management & Market Research Pvt. Ltd.**
* **Impact:** Authorized to conduct the survey on behalf of the Reserve Bank.
* **Action Required:** Conduct the survey, collect responses, and submit the data to the Reserve Bank.
Key Entities Referenced
Reserve Bank of India: The central bank launching the survey.
Services and Infrastructure Outlook Survey (SIOS): The quarterly survey being launched to assess business conditions.
Mumbai: Location of the Reserve Bank of India central office.
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)