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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 Sep. 2015 was $128 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $482 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 Sep. 2015 was 113.717585409 (Dec. 2014 ) + 129.958947192 (Mar. 2015 ) + 110.729074064 (Jun. 2015 ) + 127.582303485 (Sep. 2015 ) = $482 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||277||374||421||460|
Tata Motors Ltd Quarterly Data
|Research & Development||100||100||127||100||122||114||130||111||128||129|