BSE one hundred providers increase R&ampD spending, however innovation difficulties persist Stock Market Today

.6 minutes read through Last Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) spending by BSE one hundred providers has grown gradually, increasing 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 assembled from Bloomberg as well as business annual files.Additionally, these firms much more than doubled their R&ampD spending in outright terms over these 5 years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this mirrors a prioritisation of development, corporate R&ampD assets remains relatively conventional. Pros keep in mind that merely a handful of companies have actually dramatically increased their R&ampD spend, indicating that.