GMO news related to India

28.05.2010 |

Monsanto’s battle royal over Bt cotton royalty in India

A quiet but determined battle is being fought in the courts, and outside, by US agricultural biotech giant Monsanto, its Indian affiliates and seed lobbyists to free the prices of genetically modified Bt cotton from state government control. At stake is huge business running into several thousand crore of rupees, with royalty alone on the Bt cotton seeds grossing over Rs 1,500 crore [264 mill EUR] for the US firm and its Indian licencees since 2002

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