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RBI's SIOS: Services & Infrastructure Sectors Eye Growth in Turnover, Employment & Capacity

Both services and infrastructure firms expect growth in turnover and employment. Capacity expansion is on the horizon for services sector.

In the foreground of the picture there is payment and a bus. On the left there are buildings,...
In the foreground of the picture there is payment and a bus. On the left there are buildings, pavement, hoardings, people and road. It is sunny.

RBI's SIOS: Services & Infrastructure Sectors Eye Growth in Turnover, Employment & Capacity

The Reserve Bank of India (RBI) has published the findings of its 46th round of the Services and Infrastructure Outlook Survey (SIOS) for Q2 2025-26. The report reveals a positive outlook for the services and infrastructure sectors, with firms anticipating growth in turnover, employment, and capacity expansion.

Services firms reported improved business conditions and turnover in Q2 2025, with expectations of higher turnover and stronger demand in Q3 2025-26. They anticipate growth in both full-time and part-time employment during the same period. The services sector also indicated a potential capacity expansion of 10.7% in the coming quarters.

Infrastructure firms, too, expressed optimism. They anticipate demand and employment to remain strong until Q1 2026-27. They also expect an improvement in the overall business situation in Q3 2025-26, with demand conditions assessed as improved during Q2 2025-26. Employment opportunities in the services sector remained positive in Q2 2025.

The RBI's SIOS report paints a positive picture for the services and infrastructure sectors. Firms in both sectors anticipate growth, with services firms expecting higher turnover and stronger demand, and infrastructure firms expecting demand and employment to stay strong. The report also indicates potential capacity expansion in the services sector and improved business situations in the infrastructure sector.

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