Business

BSE 100 providers boost R&ampD costs, however technology obstacles linger Stock Exchange Today

.6 minutes reviewed Last Updated: Oct 05 2024|12:12 AM IST.Experimentation (R&ampD) investing through BSE 100 providers has actually expanded continuously, increasing coming from 0.89 per-cent of income in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data collected from Bloomberg as well as firm yearly records.Also, these providers much more than increased their R&ampD spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of technology, business R&ampD assets stays pretty conservative. Experts take note that just a handful of providers have actually substantially increased their R&ampD invest, showing that.