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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