Business

BSE 100 business improve R&ampD spending, but innovation obstacles continue Stock Exchange Today

.6 min checked out Last Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) costs through BSE 100 business has actually grown continuously, rising coming from 0.89 percent of profits in FY20 to 1.32 percent in FY24, balancing around 1 per cent over the time period in-between, depending on to information assembled from Bloomberg and also company yearly reports.Likewise, these companies much more than multiplied their R&ampD spending in downright terms over these five years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of innovation, business R&ampD assets continues to be relatively conservative. Pros note that simply a handful of business have substantially increased their R&ampD spend, showing that.