Business

BSE one hundred firms enhance R&ampD costs, however technology challenges persist Stock Exchange Today

.6 min reviewed Final Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) spending through BSE 100 business has grown continuously, climbing coming from 0.89 per-cent of profits in FY20 to 1.32 percent in FY24, balancing around 1 per cent over the time frame in-between, depending on to records compiled from Bloomberg as well as business annual files.Also, these firms greater than doubled their R&ampD costs in complete phrases over these 5 years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of technology, company R&ampD investment stays pretty conventional. Pros note that just a handful of firms have actually significantly improved their R&ampD invest, indicating that.