Business

BSE one hundred firms increase R&ampD spending, yet innovation obstacles linger Stock Exchange Today

.6 min read Last Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) costs through BSE 100 companies has actually developed gradually, rising from 0.89 per cent of earnings in FY20 to 1.32 per-cent in FY24, averaging around 1 per cent over the duration in-between, according to data collected coming from Bloomberg and also business yearly documents.Also, these firms more than doubled their R&ampD costs in complete terms over these 5 years: From Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of development, business R&ampD financial investment remains fairly traditional. Pros note that merely a handful of business have considerably increased their R&ampD invest, showing that.

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