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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 Mar. 2016 was $159 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $526 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 Mar. 2016 was 110.729074064 (Jun. 2015 ) + 127.582303485 (Sep. 2015 ) + 128.795545417 (Dec. 2015 ) + 158.742071044 (Mar. 2016 ) = $526 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||138||247||0||0||214||275||371||421||456||519|
Tata Motors Ltd Quarterly Data
|Research & Development||127||100||122||114||130||111||128||129||159||130|