Monsanto expands vegetable R&D centre in India


Farm biotech major Monsanto has expanded its research and development (R&D) facility for vegetable seeds near Bengaluru even as it gears up to roll out new disease-resistant and high-yielding hybrid varieties of tomato and peppers in the domestic market.

Upbeat on domestic turf

Speaking to reporters after inaugurating the expanded R&D facility, Kenneth Avery, Vice-President, Global Vegetable Business, Monsanto, said the Indian market offers major potential for the company to grow its business on the rising consumption of vegetables led by growth in population and increasing affordability.

Avery said the vegetable consumption in India, the second largest consumer after the United States, has been growing at 2-3 per cent per annum, while it was largely stable in the US and Western Europe.............Read more

 

Source web page: The Hindu


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