Business

BSE one hundred firms improve R&ampD spending, however innovation problems continue to persist Stock Exchange Today

.6 minutes checked out Final Updated: Oct 05 2024|12:12 AM IST.R &amp d (R&ampD) costs by BSE 100 firms has actually developed continuously, increasing from 0.89 per cent of profits in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the time period in-between, according to data put together coming from Bloomberg as well as firm yearly documents.Also, these business much more than increased their R&ampD investing in outright conditions over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this demonstrates a prioritisation of development, corporate R&ampD expenditure stays reasonably traditional. Specialists note that only a handful of business have dramatically improved their R&ampD spend, signifying that.