GMO news related to India

30.05.2012 |

Indian Council of Agriculture Research offers gene bank to multinational seed breeders

Blessed with one of the world’s most diverse seed gene banks, India’s premier state-run agriculture research institute is seeking to collaborate with multinational seed corporations to develop high-yielding, durable seeds -- both for profit and to improve the nation’s poor crop yields, a senior official at the institute said. The Indian Council of Agriculture Research would offer its partners its massive seed gene bank in exchange for expertise and a share of the profits, ICAR deputy director general Swapan K. Datta said. ICAR has already sought the government’s approval for such tie-ups, which would enable it to tap into an international seed market worth $200 billion annually, Mr. Datta said late Thursday.

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