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in a Dynamic Environment - Tata Consultancy Services

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Expenditure on R&D<br />

Activities relat<strong>in</strong>g to exports, <strong>in</strong>itiatives taken to <strong>in</strong>crease exports: development<br />

}<br />

Mentioned <strong>in</strong> the<br />

of new export markets for products and services; and export plans Directors' Report.<br />

(Rs. <strong>in</strong> crore)<br />

Year ended Year ended<br />

31.3.2009 31.3.2008<br />

(a) Capital 1.61 1.84<br />

(b) Recurr<strong>in</strong>g 42.31 36.94<br />

(c) Total 43.92 38.78<br />

(d) Total R&D expenditure as percentage of total <strong>in</strong>come 0.20% 0.20%<br />

Foreign exchange earn<strong>in</strong>gs and outgo<br />

(Rs. <strong>in</strong> crore)<br />

Year ended Year ended<br />

31.3.2009 31.3.2008<br />

(a) Foreign exchange earn<strong>in</strong>gs 20836.65 16776.48<br />

(b) CIF Value of Imports 302.87 272.81<br />

(c) Expenditure <strong>in</strong> foreign currency 7867.52 6421.96<br />

On behalf of the Board of Directors,<br />

Mumbai R. N. <strong>Tata</strong><br />

April 20, 2009 Chairman<br />

31

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