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BSE 100 firms enhance R&ampD costs, but advancement challenges linger Stock Exchange Today

.6 min checked out Final Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) spending by BSE 100 firms has expanded steadily, rising from 0.89 percent of profits in FY20 to 1.32 percent in FY24, balancing around 1 per-cent over the duration in-between, according to information compiled from Bloomberg as well as business annual files.Likewise, these business much more than doubled their R&ampD investing in absolute conditions over these 5 years: From Rs 25,041 crore to Rs 63,072 crore.While this demonstrates a prioritisation of development, corporate R&ampD financial investment continues to be pretty conservative. Experts keep in mind that only a handful of firms have actually significantly improved their R&ampD spend, suggesting that.