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This is the expense the company spent on research and development. Tata Motors Ltd's research and development for the three months ended in Dec. 2014 was $114 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $463 Mil.
This is the expense the company spent on research and development.
Tata Motors Ltd Research & Development for the trailing twelve months (TTM) ended in Dec. 2014 was 127.416814334 (Mar. 2014 ) + 100.110987048 (Jun. 2014 ) + 122.026155382 (Sep. 2014 ) + 113.717585409 (Dec. 2014 ) = $463 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Tata Motors Ltd Annual Data
|Research & Development||105||138||0||0||0||214||275||371||421||460|
Tata Motors Ltd Quarterly Data
|Research & Development||89||97||91||100||100||127||100||122||114||130|