2013-02-15 | permalink
Stagnating acreage is prompting Bt cotton seed makers to diversify into food crops such as hybrid rice, corn and vegetables, where they see a big market potential. Companies such as Nuziveedu Seeds Ltd and Rasi Seeds (Pvt) Ltd, which currently earn a major share of their revenues from Bt cotton seeds, are aggressively charting plans to scale up exposure to food crops. The Rs 500-crore firm [...] plans to scale up its breeding programme to introduce more hybrids. Rasi Seeds has partnered with Israeli firm, Evogene Ltd, to develop yield-enhancing and drought-tolerant rice varieties.