Really? No R & D?
Sets higher standards and benchmarks for the automotive industry Tata Motors, India’s leading player in the commercial and personal mobility solutions space, announced today that it continues to accelerate its drive towards engineering excellence and innovation by filing an extensive number of...
www.tatamotors.com
L&T Tech posted consolidated net profit of ₹311 crore which is 13% higher than the ₹275 crore the company reported during the same quarter in the previous fiscal year.
www.livemint.com
L&T Technology Services Limited, India’s leading pure-play engineering services company, announced its results for the fourth quarter ended March 31, 2023.
www.ltts.com
Where did all these patents came from then?
Below are the list of R&D centres for L&T alone.
L&T Corporate offer expertise for Technology in India. Visit our website to get more information.
www.larsentoubro.com
Go thru this article then you will know the efforts put in by L&T from 92. They invested heavily in expanding the shipbuilding capacity. But what orders did they get?
https://www.forbesindia.com/article...es-digitisation-is-finally-paying-off/77979/1
Passing blanket statements is easy when nothing on stake. Agree the spends on R&D is less comparatively, but no company will risk the future. Money flows where there is more money to be earned.