Business

BSE one hundred business boost R&ampD investing, however development difficulties continue Securities Market Today

.6 minutes read through Last Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) investing by BSE 100 companies has expanded steadily, rising from 0.89 per cent of profits in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the duration in-between, depending on to information organized coming from Bloomberg and also provider yearly records.Additionally, these companies much more than multiplied their R&ampD costs in complete conditions over these 5 years: From Rs 25,041 crore to Rs 63,072 crore.While this demonstrates a prioritisation of innovation, business R&ampD assets stays fairly traditional. Experts keep in mind that only a handful of companies have significantly enhanced their R&ampD devote, signifying that.