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BSE 100 firms increase R&ampD spending, yet advancement obstacles continue Stock Market Today

.6 min went through Final Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) spending through BSE 100 companies has actually expanded gradually, increasing coming from 0.89 per cent of revenue in FY20 to 1.32 percent in FY24, averaging around 1 per-cent over the period in-between, depending on to information compiled coming from Bloomberg as well as business yearly reports.Additionally, these business more than multiplied their R&ampD spending in complete phrases over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this demonstrates a prioritisation of innovation, corporate R&ampD financial investment continues to be relatively conventional. Specialists note that just a handful of companies have significantly boosted their R&ampD spend, suggesting that.