PIIND.NSPIIND.NSNSE
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Research and development spending
3Y CAGR
+16.0%/yr
vs +16.3%/yr prior
5Y CAGR
+18.2%/yr
Consistent
Acceleration
-0.3pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.3x
Strong expansion
Streak
9 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $1.87B | +5.3% |
| 2024 | $1.78B | +21.3% |
| 2023 | $1.47B | +22.1% |
| 2022 | $1.20B | +5.4% |
| 2021 | $1.14B | +40.1% |
| 2020 | $812.00M | +18.0% |
| 2019 | $688.00M | +4.9% |
| 2018 | $656.00M | +63.6% |
| 2017 | $400.88M | +72.4% |
| 2016 | $232.57M | - |