Business

BSE one hundred firms boost R&ampD investing, but innovation difficulties linger Securities Market Today

.6 min checked out Final Updated: Oct 05 2024|12:12 AM IST.R &amp d (R&ampD) spending by BSE one hundred providers has actually increased gradually, increasing from 0.89 per cent of profits in FY20 to 1.32 per cent in FY24, balancing around 1 percent over the period in-between, according to information compiled from Bloomberg and also firm yearly documents.Likewise, these firms greater than multiplied their R&ampD costs in downright conditions over these 5 years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this shows a prioritisation of advancement, corporate R&ampD investment continues to be reasonably conservative. Experts note that merely a handful of companies have significantly boosted their R&ampD spend, suggesting that.