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BSE 100 firms increase R&ampD spending, but development problems linger Stock Market Today

.6 min reviewed Final Updated: Oct 05 2024|12:12 AM IST.Research and development (R&ampD) investing by BSE 100 business has actually increased progressively, climbing coming from 0.89 percent of income in FY20 to 1.32 per cent in FY24, averaging around 1 percent over the time period in-between, according to information assembled coming from Bloomberg and company annual documents.Likewise, these firms more than increased their R&ampD costs in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this mirrors a prioritisation of innovation, company R&ampD expenditure remains fairly conservative. Professionals keep in mind that merely a handful of providers have actually substantially boosted their R&ampD invest, showing that.

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