Rediff Logo
Money
Line
Home > Money > Reuters > Report
May 24, 2002 | 1935 IST
Feedback  
  Money Matters

 -  Business Headlines
 -  Corporate Headlines
 -  Business Special
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      








 Secrets every
 mother should
 know



 Your Lipstick
 talks!



 Make money
 while you sleep.



 Bathroom singing
 goes techno!



 
Reuters
 Search the Internet
         Tips
 Sites: Finance, Investment

Print this page Best Printed on  HP Laserjets
E-Mail this report to a friend

Mahyco conducts trials on more GM seeds

India's Mahyco, the first company allowed to sell genetically modified seeds in the country, said it was conducting field trials on more transgenic cotton hybrids containing technology from US giant Monsanto.

Earlier this year, the government permitted Mahyco or Maharashtra Hybrid Seeds Company, which is 26-per cent owned by Monsanto's unlisted Indian arm, Monsanto Holdings Private Limited, to produce and sell three varieties of genetically modified cotton hybrids.

GM technology could help boost abysmally low farm yields in a country of more than a billion people, agricultural scientists say.

"We have started field trials for two more GM cotton hybrids that will be best suited for northern India," Raju Barwale, managing director of Mahyco told Reuters on Friday, adding the results would be ready before the next planting season begins, in June 2003.

"The new seeds could be sold to farmers from the next season, provided we get government approval before that," he said.

The three cotton hybrids that it is already selling, the Mech 12 Bt, Mech 162 Bt and Mech 184 Bt, are ideal for central and south India, which have different agro-climatic conditions from the north, Barwale said.

All five cotton hybrids contain the "Cry 1 Ac" gene, designed to make the crop resistant to the bollworm, which is responsible for more than 80 per cent of damage to the cotton crop from pest attacks.

Mahyco started field trials of its gene-altered Bt (Bacillus thuringiensis) hybrid in 1996-97.

BETTER YIELDS EXPECTED

Bt cotton seeds would give 30 to 40 per cent more yield than other non-GM hybrids and required 70 per cent less pesticide to control the bollworm, Barwale said.

According to trade estimates, cotton accounts for nearly half the country's total pesticide consumption.

The average yield of cotton in India, the third-largest producer in the world, is about half the global average of more than 600 kg (1,320 lbs) per hectare.

India annually produces 15 to 16 million cotton bales (of 170 kg each) from about nine million hectares (22 million acres), the largest area under cotton cultivation in the world.

Mahyco is also conducting trials on existing GM cotton hybrids with a second gene.

"Two genes in a hybrid will protect crops on a sustained basis and manage development of resistance against bollworm," Barwale said.

Mahyco is also independently developing genetically modified seeds of sorghum, some pulses and vegetables which would improve yields and be resistant to some pests, he said.

"These are being tested in labs and greenhouses," he said, adding these seeds could take several years to reach farmers.

POOR SEED AVAILABILITY

GM cotton is expected to be sown in less than half a percent of India's total cotton growing area in the current planting season beginning next month due to the limited availability of seeds.

"We have only 105,000 units of GM cotton seed for sale this season as we had permission for limited seed production last year," Barwale said.

Each unit, containing 450 grams of GM seed, is enough to plant one acre.

"We target to sell 500,000 to 700,000 units of GM seed next year but will take a final decision based on farmers' response in the current cropping season," he said. "This is a test marketing year for us."

Mahyco Monsanto Biotech, a 50:50 marketing joint venture, has also given licence to some local seed companies to develop GM cotton hybrids using the "Cry 1 Ac" gene, he said.

These companies will conduct field trials and seek government approval for commercial marketing, which could take a few years.

ALSO READ:
India and GM Crops
The Rediff Budget Special
Money

Back to top
(c) Copyright 2000 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Tell us what you think of this report

ADVERTISEMENT