GMO news related to India

06.07.2007 |

JK Group aims to triple market share of Bt cotton in India

Emboldened by the good response to its Bt cotton seeds from farmers and with the government approving five more of its hybrids, JK Agri Genetics aims to nearly triple its market share to eight per cent in this kharif season. ”Our target is to have a market share of 7-8 per cent in Bt cotton seeds,” JK Agri Genetics President P S Dravid said. The current share of the company in the Bt cotton seed, dominated by multinational giant Monsanto and its associates, is around three per cent, Dravid said, adding JK Agri Genetics entered the market only last year.

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