Business

BSE 100 firms improve R&ampD spending, however technology challenges continue Securities Market Today

.6 min read through Final Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) spending through BSE one hundred firms has increased gradually, rising from 0.89 percent of profits in FY20 to 1.32 per-cent in FY24, averaging around 1 per cent over the time period in-between, according to records compiled coming from Bloomberg as well as business yearly records.Also, these providers much more than doubled their R&ampD costs in outright phrases over these 5 years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this demonstrates a prioritisation of advancement, company R&ampD assets continues to be fairly conventional. Pros take note that merely a handful of firms have actually substantially increased their R&ampD devote, showing that.