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BSE one hundred companies increase R&ampD costs, however advancement obstacles linger Securities Market Today

.6 minutes reviewed Last Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) spending through BSE 100 companies has expanded gradually, increasing from 0.89 per cent of profits in FY20 to 1.32 percent in FY24, averaging around 1 percent over the period in-between, according to records organized coming from Bloomberg as well as business annual documents.Likewise, these providers more than multiplied their R&ampD investing in outright phrases over these five years: Coming from Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of development, company R&ampD investment remains reasonably traditional. Pros take note that simply a handful of firms have actually substantially improved their R&ampD spend, showing that.