BSE one hundred firms enhance R&ampD costs, yet innovation problems continue to persist Stock Market Today

.6 minutes read through Last Updated: Oct 05 2024|12:12 AM IST.R &amp d (R&ampD) spending through BSE one hundred companies has actually expanded continuously, increasing from 0.89 percent of profits in FY20 to 1.32 percent in FY24, averaging around 1 per cent over the time frame in-between, according to records assembled from Bloomberg and business yearly records.Additionally, these companies more than increased their R&ampD costs in outright terms over these five years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this mirrors a prioritisation of advancement, corporate R&ampD expenditure remains fairly conventional. Specialists note that just a handful of companies have actually dramatically improved their R&ampD spend, signifying that.