GENET archive

[Index][Thread]

BUSINESS & SEEDS: JK Group aims to triple market share of Bt cotton in India




                                  PART 1


------------------------------- GENET-news -------------------------------

TITLE:  JK GROUP AIMS TO TRIPLE MARKET SHARE OF BT COTTON

SOURCE: The Economic Times, India

AUTHOR: Press Trust of India

URL:    http://economictimes.indiatimes.com/News/Economy/Agriculture/JK_Group_aims_to_triple_market_share_of_Bt_cotton/articleshow/2164863.cms

DATE:   01.07.2007

------------------ archive:  http://www.genet-info.org/ ------------------


JK GROUP AIMS TO TRIPLE MARKET SHARE OF BT COTTON

NEW DELHI: 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.

He said the company, which had a turnover of about Rs 80 crore in 2006-07, aims to post a 50-60 per cent growth in the current year.

However, it does not plan to reduce the prices of its Bt cotton seeds, he added.

”Already prices of Bt cotton seeds are low following government’s order. There is no plan to reduce the rates further now,” he said.

The company received clearance of the Genetic Engineering Approval Committee (GEAC) a few days back for commercial sale of five hybrids of Bt cotton, taking its total genetically modified (GM) seeds to nine.

GEAC is likely to clear by next year two more hybrids developed by the company, which are currently in the second year of the trial, he said, adding they would be released in the South.

”All these hybrids are of the same event - X-Gene - developed indigenously in association with IIT Kharagpur,” the company President said.

Of the five Bt cotton seeds released in the this kharif season, three would be launched in Maharashtra and Gujarat while one each in the north and south zone, he said.

The company’s focus is now on the central zone, particularly Gujarat and Maharashtra where a total of four hybrids would be available this year.

The cotton area in the on-going kharif sowing season increased to 15.29 lakh hectare till June 29 against 14.7 lakh hectare in the year-ago period on the back of farmers’ opting for Bt cotton.

Out of the total coverage under cotton, 8.68 lh has been sown under Bt cotton, sources in the agriculture ministry had said.

Dravid said the overall areas under Bt cotton would improve even if prices of cotton is likely to fall marginally as farmers would be opting for the high yielding GM seeds.

However, many cotton farmers in the Vidarbha region of Maharashtra have reportedly shifted to soyabean this year following their bad experience with Bt cotton last year.

Meanwhile, apart from cotton, JK Agri Genetics has been working on GM seeds in rice, mustard, jowar and bajra. As much as 15 Bt cotton varieties developed by it are in the process of experimentation and trials.



                                  PART 2

------------------------------- GENET-news -------------------------------

TITLE:  GOVT PANEL WANTS BT COTTON RULES AMENDED

SOURCE: Hindustan Times, India

AUTHOR: Chetan Chauhan

URL:    http://www.hindustantimes.com/StoryPage/StoryPage.aspx?id=8e88bce0-350c-4b07-a3fa-64444127a8e1&MatchID1=4487&TeamID1=8&TeamID2=10&MatchType1=1&SeriesID1=1120&PrimaryID=4487&Headline=Govt+panel+wants+BT+Cotton+rules+amended

DATE:   30.06.2007

------------------ archive:  http://www.genet-info.org/ ------------------


GOVT PANEL WANTS BT COTTON RULES AMENDED

The Genetic Engineering Approval Committee (GEAC) has asked the government to approach Supreme Court to seek amendment to the condition that all GM crop fields should be isolated by 200 metres. The committee said the condition was neither scientifically justifiable nor would serve the purpose of containing of pollens.

The committee pointed out that the condition was not as per the ”scientifically developed” minimum standards for seed certification by Indian Council for Agriculture Research (ICAR) and the ones prescribed under the Seed Act. The ministry of Environment and Forest officials on Friday said the government was considering the GEAC proposal.

But, till the court directions are amended, the committee decided that the isolation distance of 200 metres would be maintained. In cases, where Seed Standards Certification mandates a larger isolation distance, the standards would be applicable.

Alongwith court’s condition, the committee has prescribed a new regulations for field trials. No more farmers’ fields can be used for trials. Instead, the companies will have to use their own or the land leased for three years.



                                  PART 3

------------------------------- GENET-news -------------------------------

TITLE:  REGULATE CROP SEED PRICES: AP FARMERS

SOURCE: The Financial Express, India

AUTHOR: 

URL:    http://www.financialexpress.com/fe_full_story.php?content_id=167745

DATE:   21.06.2007

------------------ archive:  http://www.genet-info.org/ ------------------


REGULATE CROP SEED PRICES: AP FARMERS

HYDERABAD, JUN 20: The farmers in Andhra Pradesh have urged the state government to control seed prices of all the crops on the lines of Bt cotton. Enthused over the control of Bt cotton-seed at Rs 750 per packet, the farmers feel that the government, if determined, can control the seed prices of all other crops.

Speaking to media, the Federation of Farmers Association (FFA) president M Balarama Reddy said that it is time for the government to control the seed prices. ”The cost of the seed is the major input cost, which needs to be monitored,” Reddy said. Interestingly, FFA is happy that the government could maintain its control over Bt cotton-seed price but it failed to do so in the case of other seeds.

For instance, the production cost of maize is just Rs 20 per kg, while the seed companies are selling it over Rs 80 per kg, he pointed out.

The farmers felt that there is no need for the government to provide subsidy on the seed supply, but if it controls the seed price, it would be beneficial to the farmers, Reddy said.

He also said that the government has to identify big farmers in each of the major villages and encourage them to produce seeds. It would be easy to supply the seeds at low cost, than depending on seed companies.

”Except paddy all other crops including horticulture and vegetables, the farmers depend on the seed companies that sell at very expensive rates,” Reddy pointed out.

Meanwhile, the state government has made arrangements to distribute seeds at subsidised rates to achieve 100% seed replacement in the current Kharif season.


-----------------------------

GENET

European NGO Network on Genetic Engineering

Hartmut MEYER (Mr)

news & information

phone....... +49-531-5168746

fax......... +49-531-5168747

email....... news(*)genet-info.org

skype....... hartmut_meyer

url......... http://www.genet-info.org/