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Data● Neutral for Indian equities
India’s top consumer durables companies spend less than 1% of revenue on R&D: BCG-CII
The brief
- India’s top consumer durables companies spend less than 1% of revenue on R&D
- The report said low R&D spending limits the shift from manufacturing scale to technology leadership
- Greater R&D investment could reshape competition for Indian consumer-durables and electronics manufacturers
- Statsguru: India's chip aspirations face funding gap despite policy push
- Large-Scale Electronics PLI Beneficiaries Get Rs 19,091-Crore Incentives, Draw Rs 20,580-Crore Investment
- AI boom, supply chain shifts create big opportunity for India's chip sector: BCG
- Electronics demand, policy support and shifting supply chains underpin India’s semiconductor push
- India’s consumer durables market could reach ₹3.25 lakh crore by 2030