BSE 100 business increase R&ampD investing, but innovation obstacles continue to persist Stock Market Today

.6 min went through Last Updated: Oct 05 2024|12:12 AM IST.Trial and error (R&ampD) investing by BSE 100 firms has developed progressively, climbing coming from 0.89 per cent of revenue in FY20 to 1.32 percent in FY24, balancing around 1 per cent over the time frame in-between, depending on to information put together from Bloomberg and also firm yearly records.Additionally, these companies greater than doubled their R&ampD costs in absolute phrases over these 5 years: From Rs 25,041 crore to Rs 63,072 crore.While this reflects a prioritisation of advancement, business R&ampD investment remains relatively conventional. Professionals note that simply a handful of companies have actually dramatically increased their R&ampD spend, showing that.