Business

BSE one hundred business enhance R&ampD spending, yet development problems linger Securities Market Today

.6 minutes reviewed Last Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) spending by BSE 100 business has developed steadily, climbing from 0.89 per-cent of revenue in FY20 to 1.32 per cent in FY24, balancing around 1 per-cent over the duration in-between, according to records collected from Bloomberg and company yearly records.Also, these business greater than increased their R&ampD spending in complete conditions over these 5 years: From Rs 25,041 crore to Rs 63,072 crore.While this demonstrates a prioritisation of advancement, company R&ampD assets continues to be fairly traditional. Specialists note that simply a handful of business have substantially improved their R&ampD devote, indicating that.