GMO news related to India

23.08.2007 |

Agri biotech on fast track in India

Riding on the success of Bt cotton, agriculture biotechnology has emerged as one of the fastest growing biotech industries in India in recent years, a latest report of the US department of agriculture (USDA) has said. ”It is the third largest contributor among various biotech sectors with total revenues of more than $229 million in 2006-07 fiscal, registering a growth of 55%,”? the report said. Export revenue from agriculture biotechnology has grown to $11.6 million in 2006-07 from around $8 million in the previous year, it added.

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