BSE one hundred firms enhance R&ampD costs, however innovation challenges persist Securities Market Today

.6 minutes read through Final Updated: Oct 05 2024|12:12 AM IST.Experimentation (R&ampD) costs through BSE one hundred providers has actually expanded gradually, increasing from 0.89 per cent of profits in FY20 to 1.32 per-cent in FY24, averaging around 1 per cent over the period in-between, according to records organized from Bloomberg and company annual records.Likewise, these companies much more than multiplied 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, business R&ampD expenditure stays reasonably traditional. Specialists take note that just a handful of providers have dramatically boosted their R&ampD devote, signifying that.