Business

BSE 100 firms improve R&ampD costs, yet innovation challenges persist Stock Market Today

.6 min read Final Updated: Oct 05 2024|12:12 AM IST.R &amp d (R&ampD) investing by BSE 100 firms has actually grown steadily, climbing coming from 0.89 per cent of revenue in FY20 to 1.32 percent in FY24, averaging around 1 percent over the period in-between, according to records compiled coming from Bloomberg as well as firm yearly files.Also, these firms much more than increased their R&ampD spending in absolute terms over these 5 years: From Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of advancement, business R&ampD assets stays relatively conventional. Specialists keep in mind that only a handful of firms have considerably raised their R&ampD invest, suggesting that.