Business

BSE 100 companies boost R&ampD spending, yet development obstacles persist Securities Market Today

.6 min read through Final Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) investing by BSE 100 business has actually grown continuously, climbing from 0.89 per cent of income in FY20 to 1.32 per-cent in FY24, averaging around 1 per cent over the time frame in-between, according to data organized from Bloomberg as well as business annual documents.Also, these providers more than multiplied their R&ampD spending in downright conditions over these 5 years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this shows a prioritisation of technology, company R&ampD investment stays reasonably conservative. Pros take note that only a handful of providers have actually substantially improved their R&ampD spend, signifying that.

Articles You Can Be Interested In