Business

BSE 100 providers enhance R&ampD spending, however advancement problems persist Stock Exchange Today

.6 min reviewed Last Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) costs by BSE 100 firms has developed continuously, increasing coming from 0.89 per cent of profits in FY20 to 1.32 percent in FY24, averaging around 1 percent over the period in-between, according to data compiled coming from Bloomberg as well as firm yearly files.Also, these companies more than doubled their R&ampD spending in complete conditions over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this mirrors a prioritisation of development, business R&ampD financial investment remains reasonably conventional. Experts note that simply a handful of firms have actually dramatically raised their R&ampD devote, showing that.