Business

BSE 100 providers boost R&ampD spending, however technology problems linger Securities Market Today

.6 minutes checked out Final Updated: Oct 05 2024|12:12 AM IST.Experimentation (R&ampD) spending by BSE one hundred providers has actually developed continuously, increasing coming from 0.89 percent of earnings in FY20 to 1.32 per cent in FY24, averaging around 1 per-cent over the time period in-between, according to data compiled from Bloomberg as well as company yearly files.Likewise, these business much more than increased their R&ampD costs in downright phrases over these five years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this demonstrates a prioritisation of technology, corporate R&ampD expenditure remains pretty traditional. Experts take note that merely a handful of companies have dramatically raised their R&ampD devote, signifying that.