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BSE 100 business increase R&ampD costs, yet innovation problems persist Securities Market Today

.6 minutes read through Last Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) spending through BSE one hundred companies has developed gradually, increasing from 0.89 per cent of revenue in FY20 to 1.32 percent in FY24, averaging around 1 percent over the time period in-between, according to records collected coming from Bloomberg and company yearly files.Likewise, these firms more than multiplied their R&ampD spending in complete conditions over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of innovation, company R&ampD assets stays fairly conservative. Specialists keep in mind that just a handful of firms have actually significantly raised their R&ampD invest, suggesting that.