Maruti Suzuki India Ltd., a subsidiary of Suzuki spent over 7.6 billion Indian rupees in the financial year 2023 on research and development (R and D) in India. Whereas Germany-based Bosch Ltd. spent around 4.2 billion Indian rupees on R and D. In both cases, the amount spent in India was significantly lower than the amount spent in the native or base countries of these MNCs.
R&D expenditure of select multinational companies with parent companies outside India in financial year 2023
(in million Indian rupees)
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Office of the Principal Scientific Advisor to the Government of India, & Indian Institute of Corporate Affairs. (June 3, 2024). R&D expenditure of select multinational companies with parent companies outside India in financial year 2023 (in million Indian rupees) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1481168/india-randd-spend-of-mncs-with-foreign-parent-companies/
Office of the Principal Scientific Advisor to the Government of India, und Indian Institute of Corporate Affairs. "R&D expenditure of select multinational companies with parent companies outside India in financial year 2023 (in million Indian rupees)." Chart. June 3, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1481168/india-randd-spend-of-mncs-with-foreign-parent-companies/
Office of the Principal Scientific Advisor to the Government of India, Indian Institute of Corporate Affairs. (2024). R&D expenditure of select multinational companies with parent companies outside India in financial year 2023 (in million Indian rupees). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1481168/india-randd-spend-of-mncs-with-foreign-parent-companies/
Office of the Principal Scientific Advisor to the Government of India, and Indian Institute of Corporate Affairs. "R&d Expenditure of Select Multinational Companies with Parent Companies outside India in Financial Year 2023 (in Million Indian Rupees)." Statista, Statista Inc., 3 Jun 2024, https://www.statista.com/statistics/1481168/india-randd-spend-of-mncs-with-foreign-parent-companies/
Office of the Principal Scientific Advisor to the Government of India & Indian Institute of Corporate Affairs, R&D expenditure of select multinational companies with parent companies outside India in financial year 2023 (in million Indian rupees) Statista, https://www.statista.com/statistics/1481168/india-randd-spend-of-mncs-with-foreign-parent-companies/ (last visited November 22, 2024)
R&D expenditure of select multinational companies with parent companies outside India in financial year 2023 (in million Indian rupees) [Graph], Office of the Principal Scientific Advisor to the Government of India, & Indian Institute of Corporate Affairs, June 3, 2024. [Online]. Available: https://www.statista.com/statistics/1481168/india-randd-spend-of-mncs-with-foreign-parent-companies/
