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(ii)   The benefits derived like product improvement, cost reduction, product development or import
                   substitution
                   •   r&d efforts to attain objectives of cost reduction, energy conservation, waste minimization / recycling & reuse, related
                       value added products, reduction in carbon footprints and environmental improvement

                   •   Spray dryer yield improved product & 15% energy reduction compared to tall form dryer
                   •   SSMB yield on high purity product with less time

               (iii)   In case of imported technology (imported during the last three years reckoned from the beginning of
                   the financial year)
                    (a)  the details of technology imported  palletiser for IVSd 50 kg bags at   SSMB for purification of FoS
                                                                  peripheral Yard    and Spray dryer for converting
                                                                                          liquid into powder
                    (b)  the year of import                          2017-18                 2019-20
                    (c)  Whether the technology been fully absorbed    Yes                     no
                    (d)  If not fully absorbed, areas where absorption has   na          Vendor patented the
                        not taken place and the reasons thereof                          technology for SSMB
               (iv)  The expenditure incurred on Research & Development
                                                                                                      ` in crore
                                                                                        2019-20      2018-19
                   Capital expenditure                                                      2.13         5.69
                   revenue expenditure                                                     28.37        31.96
                   Total R&D expenditure                                                  30.50        37.65
                   Total R&D expenditure as a percentage of net sales                     1.04%        0.80%


           C.  Foreign Exchange Earnings and Outgo
               the foreign exchange earned in terms of actual inflows during the year and the foreign exchange outgo during the year in terms of
               actual outflows:
                                                                                                      ` in crore
                                                                                        2019-20      2018-19

               Foreign exchange earned                                                    115.80        82.10
               outgo of Foreign exchange                                                  360.23       976.46


                                                                                 On behalf of the Board of Directors

                                                                      Bhaskar Bhat                R. Mukundan
                                                                          Director      Managing Director & CEO

                                                               Bengaluru, May 15, 2020      Mumbai, May 15, 2020















           82  I  Integrated annual report 2019-20
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