Business

BSE 100 providers boost R&ampD costs, however advancement difficulties linger Securities Market Today

.6 min read through Final Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) spending by BSE one hundred providers has developed steadily, rising from 0.89 percent of income in FY20 to 1.32 percent in FY24, balancing around 1 per cent over the period in-between, depending on to information put together coming from Bloomberg as well as firm yearly records.Also, these companies much more than doubled their R&ampD spending in complete conditions over these 5 years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this shows a prioritisation of advancement, business R&ampD expenditure remains reasonably traditional. Professionals keep in mind that just a handful of firms have considerably raised their R&ampD spend, indicating that.