Business Confidence in India increased to 126.30 points in the fourth quarter of 2025 from 126.20 points in the third quarter of 2025. Business Confidence in India averaged 119.20 points from 2000 until 2025, reaching an all time high of 139.30 points in the fourth quarter of 2021 and a record low of 96.40 points in the second quarter of 2009. source: Reserve Bank of India

Business Confidence in India is expected to be 120.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Business Expectations Index (BEI) is projected to trend around 135.00 points in 2026 and 134.00 points in 2027, according to our econometric models.



Related Last Previous Unit Reference
Business Confidence 126.30 126.20 points Dec 2025
Capacity Utilization 74.80 75.80 percent Dec 2025
Car Production 2927394.00 2633506.00 Units Jan 2026
Car Sales 449616.00 399216.00 Units Jan 2026
Changes in Inventories 836.46 808.97 INR Billion Sep 2025
Composite Leading Indicator 102.07 101.80 points Jan 2026
Corruption Index 39.00 38.00 Points Dec 2025
Corruption Rank 91.00 96.00 Dec 2025
Deposit Growth YoY 12.50 10.60 percent Jan 2026
Electricity Production 126407.87 111874.48 Gigawatt-hour Dec 2025
Industrial Production YoY 7.80 6.70 percent Dec 2025
Industrial Production Mom 7.30 5.00 percent Dec 2025
Manufacturing Production YoY 8.10 8.50 percent Dec 2025
Mining Production 6.80 5.80 percent Dec 2025
Steel Production 14800.00 13700.00 Thousand Tonnes Dec 2025
Passenger Vehicle Sales 379394.00 349170.00 Units Jan 2026


India Business Expectations Index (BEI)
In India, the Business Expectations Index (BEI) is calculated as a weighted (share of GVA of different industry group) net response of nine business indicators. The nine indicators considered are: (1) overall business situation; (2) production; (3) order books; (4) inventory of raw material; (5) inventory of finished goods; (6) profit margins; (7) employment; (8) exports; and (9) capacity utilisation. BEI gives a snapshot of the business outlook in every quarter and takes values between 0 and 200, with 100 being the threshold separating expansion from contraction. The number of total responses varies from quarter to quarter and averaged 1,200 over the last two years.
Actual Previous Highest Lowest Dates Unit Frequency
126.30 126.20 139.30 96.40 2000 - 2025 points Quarterly
NSA