[TusharK]

According to the Society of Indian Automobile Manufacturers (SIAM) and the Centre for Monitoring Indian Economy (CMIE), Tata Motors and Mahindra were the biggest spenders on research and development (R&D) in 2016-17, while the total spending of the industry stood at Rs. 7,909.6 crore.



Tata Motors invested Rs. 2,100.1 crore in 2016-17, while Mahindra & Mahindra spent Rs. 2,075.8 crore on R&D during the same year. Maruti Suzuki took the third spot as it spent Rs. 640.4 crore, while Honda Cars India invested a sum of Rs. 549.7 crore.

Ashok Leyland was in fifth place with an R&D spending of Rs. 389.5 crore. In comparison, VE Commercial Vehicles invested Rs. 268.6 crore, while Force Motors spent Rs. 113.4 crore on R&D in 2016-17.

In the 2-wheeler segment, Hero MotoCorp topped the list with an investment of Rs. 701 crore followed by Bajaj Auto with Rs. 367.6 crore. TVS Motor Company spent Rs. 244.7 crore, while Royal Enfield invested Rs. 128 crore in R&D in 2016-17.

Engine manufacturers Cummins India, Greeves Cotton and Simpson & Co. together invested Rs. 86.4 crore in R&D.

Source: Economic Times

Link to Team-BHP News

[GTO]

Not surprised with Tata & Mahindra topping the charts as their expenditure also includes commercial vehicles, tractors (Mahindra), EV tech etc. And Tata's new cars sure show that the development money has been well spent.

But am disappointed with Maruti. Heck, Hero spends more on its cheap 2-wheelers! But then, Maruti has Suzuki on one hand and Toyota on the other for tech. Whatever apprehensions they had about losing out on future tech are put to rest thanks to the big T.

In fact, Tata also has Jaguar-Land Rover from which it can borrow electric tech. Mahindra though should be more worried. Yeah, I know they bought Reva, but the company isn't exactly at the forefront internationally.

[SmartCat]

Well, Maruti paid Rs. 2,500 cr as royalty payment to Suzuki. I guess we can call royalty payments as amortized R&D expenses. Anyway, India's contribution to R&D will go up with time once Rs. 4,000 cr Rohtak R&D facility goes online in March 2019

https://autotechreview.com/technolog...ntre-in-rohtak

Honda India spending Rs. 550 cr on R&D is an unusually high number for a subsidiary. Where did the money go?

[Joxster]

Originally Posted by GTO

In fact, Tata also has Jaguar-Land Rover from which it can borrow electric tech. Mahindra though should be more worried. Yeah, I know they bought Reva, but the company isn't exactly at the forefront internationally.

Agree with you on all the points, except that Mahindra has a Formula E team, and they will definitely use the learnings from there to improve their electric tech on the road going EVs.
I'm quite sure that's the same reason all the biggies (Including Jaguar) are joining Formula E

Cheers