Business

BSE 100 providers increase R&ampD costs, however innovation challenges continue to persist Securities Market Today

.6 minutes read Last Updated: Oct 05 2024|12:12 AM IST.R &amp d (R&ampD) investing through BSE 100 providers has actually developed gradually, increasing from 0.89 per cent of revenue in FY20 to 1.32 percent in FY24, balancing around 1 per-cent over the duration in-between, according to information collected coming from Bloomberg and business yearly reports.Additionally, these business more than doubled their R&ampD costs in complete conditions over these 5 years: From Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of technology, business R&ampD expenditure remains fairly conventional. Specialists keep in mind that simply a handful of providers have significantly raised their R&ampD invest, indicating that.

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