BSE one hundred companies enhance R&ampD costs, however development challenges linger Securities Market Today

.6 min read through Last Updated: Oct 05 2024|12:12 AM IST.R &amp d (R&ampD) spending through BSE 100 firms has actually developed continuously, increasing from 0.89 per cent of income in FY20 to 1.32 per-cent in FY24, averaging around 1 per cent over the time period in-between, depending on to data collected from Bloomberg as well as company annual documents.Likewise, these firms greater than doubled their R&ampD spending in absolute terms over these 5 years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this mirrors a prioritisation of innovation, company R&ampD expenditure remains reasonably traditional. Professionals take note that just a handful of business have actually significantly increased their R&ampD spend, indicating that.