It is released by RBI. It gives a glimpse of the demand conditions in the manufacturing sector.
It combines parameters which include overall business situation, production, order books, inventory of raw material and finished goods, profit margin, employment, exports and capacity utilization.
BEI remained stable with only a slight downturn in the second quarter of 2020-21 owing to the onset of the pandemic in the first quarter of that year. Since then, it has been on an upswing.
