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BSE one hundred companies increase R&ampD costs, yet innovation challenges continue to persist Stock Market Today

.6 min read Last Updated: Oct 05 2024|12:12 AM IST.Experimentation (R&ampD) investing by BSE one hundred companies has expanded steadily, climbing coming from 0.89 per-cent of profits in FY20 to 1.32 per-cent in FY24, averaging around 1 percent over the time frame in-between, depending on to information collected from Bloomberg and provider yearly documents.Also, these firms much more than doubled their R&ampD spending in downright terms over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this demonstrates a prioritisation of innovation, business R&ampD investment stays reasonably conventional. Professionals note that simply a handful of firms have actually considerably enhanced their R&ampD spend, showing that.