Business

BSE one hundred firms boost R&ampD costs, however advancement challenges continue to persist Securities Market Today

.6 minutes read through Last Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) spending by BSE one hundred business has grown gradually, rising coming from 0.89 percent of earnings in FY20 to 1.32 per cent in FY24, averaging around 1 percent over the period in-between, according to information organized coming from Bloomberg as well as provider annual documents.Likewise, these business greater than doubled their R&ampD spending in outright terms over these five years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this mirrors a prioritisation of advancement, company R&ampD investment continues to be fairly conservative. Pros note that only a handful of firms have actually significantly increased their R&ampD spend, signifying that.