Global 1,000 R&D Spenders: India Opportunity Identified

Top 1,000 global R&D spenders accounted for about 53 per cent of the total global R&D spend in 2007-08.Though the R&D spend has increased YoY, R&D spend as percentage of revenue has decreased for the mega spenders over the last four years.US and EU based companies together account for around 75% of the R&D spend of Top 1,000 companies in 2007-08.

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