Business

BSE one hundred firms improve R&ampD spending, but advancement obstacles linger Stock Exchange Today

.6 minutes checked out Final Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) costs by BSE 100 companies has actually expanded progressively, rising from 0.89 per cent of profits in FY20 to 1.32 per-cent in FY24, averaging around 1 per-cent over the time frame in-between, depending on to information put together coming from Bloomberg as well as business yearly reports.Likewise, these firms much more than increased their R&ampD costs in outright phrases over these 5 years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of advancement, business R&ampD investment continues to be relatively conservative. Pros keep in mind that simply a handful of companies have dramatically improved their R&ampD devote, suggesting that.