Business

BSE 100 business increase R&ampD costs, however innovation challenges persist Securities Market Today

.6 minutes went through Last Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) spending by BSE one hundred firms has actually grown continuously, increasing from 0.89 per cent of income in FY20 to 1.32 per-cent in FY24, balancing around 1 per-cent over the duration in-between, depending on to data compiled coming from Bloomberg and business annual records.Additionally, these business greater than multiplied their R&ampD costs in downright terms over these 5 years: From Rs 25,041 crore to Rs 63,072 crore.While this demonstrates a prioritisation of technology, company R&ampD financial investment remains reasonably conservative. Specialists note that just a handful of providers have actually dramatically increased their R&ampD invest, indicating that.