Tata Motors spent over *** billion on research and development during the financial year 2023, the highest among leading listed companies in India. Following it with a significant difference was Reliance Industries, which spent ** billion on R and D during the period.Â
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Indian Institute of Corporate Affairs, & Office of the Principal Scientific Advisor to the Government of India. (June 3, 2024). Research and development (R and D) expenditure in India during the financial year 2023, by leading companies (in billion Indian rupees) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 28, 2026, from /statistics/1481327/india-randd-expenditure-by-leading-companies/
Indian Institute of Corporate Affairs, und Office of the Principal Scientific Advisor to the Government of India. "Research and development (R and D) expenditure in India during the financial year 2023, by leading companies (in billion Indian rupees)." Chart. June 3, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 28, 2026. /statistics/1481327/india-randd-expenditure-by-leading-companies/
Indian Institute of Corporate Affairs, Office of the Principal Scientific Advisor to the Government of India. (2024). Research and development (R and D) expenditure in India during the financial year 2023, by leading companies (in billion Indian rupees). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 28, 2026. /statistics/1481327/india-randd-expenditure-by-leading-companies/
Indian Institute of Corporate Affairs, and Office of the Principal Scientific Advisor to the Government of India. "Research and Development (R and D) Expenditure in India during The Financial Year 2023, by Leading Companies (in Billion Indian Rupees)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 3 Jun 2024, /statistics/1481327/india-randd-expenditure-by-leading-companies/
Indian Institute of Corporate Affairs & Office of the Principal Scientific Advisor to the Government of India, Research and development (R and D) expenditure in India during the financial year 2023, by leading companies (in billion Indian rupees) ÌÇÐÄÆÆ½â°æ, /statistics/1481327/india-randd-expenditure-by-leading-companies/ (last visited July 28, 2026)
Research and development (R and D) expenditure in India during the financial year 2023, by leading companies (in billion Indian rupees) [Graph], Indian Institute of Corporate Affairs, & Office of the Principal Scientific Advisor to the Government of India, June 3, 2024. [Online]. Available: /statistics/1481327/india-randd-expenditure-by-leading-companies/