Business

BSE 100 providers increase R&ampD spending, however innovation obstacles continue to persist Securities Market Today

.6 minutes read Last Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) spending by BSE one hundred firms has increased steadily, increasing from 0.89 per-cent of profits in FY20 to 1.32 per cent in FY24, averaging around 1 percent over the time period in-between, depending on to records put together coming from Bloomberg and business annual records.Additionally, these companies more than increased their R&ampD investing in complete terms over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this mirrors a prioritisation of technology, business R&ampD assets remains relatively traditional. Experts take note that only a handful of firms have actually substantially improved their R&ampD devote, indicating that.