Business

BSE one hundred firms improve R&ampD costs, but development difficulties continue to persist Stock Exchange Today

.6 min read through Final Updated: Oct 05 2024|12:12 AM IST.Experimentation (R&ampD) costs by BSE one hundred companies has expanded progressively, climbing from 0.89 per cent of income in FY20 to 1.32 per-cent in FY24, averaging around 1 percent over the period in-between, according to data organized coming from Bloomberg and firm yearly files.Also, these firms much more than doubled their R&ampD spending in downright phrases over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of technology, business R&ampD financial investment continues to be fairly traditional. Experts note that merely a handful of business have dramatically enhanced their R&ampD spend, showing that.