Business

BSE one hundred business boost R&ampD costs, but innovation obstacles linger Stock Market Today

.6 minutes read through Final Updated: Oct 05 2024|12:12 AM IST.R &amp d (R&ampD) investing by BSE one hundred firms has actually increased continuously, climbing from 0.89 per cent of revenue in FY20 to 1.32 percent in FY24, averaging around 1 per-cent over the period in-between, according to records put together from Bloomberg and also firm yearly files.Likewise, these business greater than increased their R&ampD investing in absolute terms over these 5 years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this shows a prioritisation of advancement, company R&ampD financial investment remains fairly conservative. Experts take note that just a handful of firms have actually substantially boosted their R&ampD devote, signifying that.