 "Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg")
The engineering research and development (ER&D) segment is witnessing a leadership churn as the sector braces demand uncertainty due to a slowdown in discretionary spends in the auto sector and the global chaos being driven by the current tariffs announced by the US government.
Since the beginning of this calendar year, the sector has seen leadership changes in almost half a dozen firms, due largely to macroeconomic headwinds and uncertainty impacting the tech sector in general and the ER&D sector as auto and manufacturing sectors pause discretionary spending.
Pareekh Jain, founder of Pareekh Jain Consulting and ERIIT, believes that 2025
