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Research and development (R&D) intensity of Indian versus global firms during the financial year 2023, by sector

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Sources

Release date

May 2024

Region

India

Survey time period

FY 2023

Supplementary notes

10 Indian and 10 global firms were selected for the analysis, based on market capitalization.

R&D intensity is defined as the ratio of a firm’s R&D expenditure to its revenue

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

Annual year 2022 for firms that do not follow the FY calendar.

Citation formats

R&D intensity of Indian vs global firms FY 2023, by sector

Published by Zeynep Dierks, Jul 23, 2024

The Research and Development intensity of Indian firms as compared to global firms lagged across sectors in the financial year 2023. The largest gap in intensity was seen in the software sector which was ** times more for global than Indian firms. 

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Statistics on " Research and development (R&D) in India "

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Expenditure

6

Companies

5

Research output

5

Patents

6

Overview

6

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Topics

Research and development in IndiaExports from IndiaEducation in IndiaHigher education in IndiaSoftware industry in India
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