Mahyco
Maharashtra Hybrid Seeds Co. (Mahyco) is an agricultural company based in India. It is one of the country's major producers of seed. As of 2015, the company was also active in Vietnam, Indonesia, Philippines and Bangladesh, and planned expansion to Africa.[1] The company produces seeds for crops including cotton, jute, wheat, maize, rice, bajra, jowar, oilseeds, pulses, musk melon and watermelon.[2] Through a joint venture with Monsanto named Mahyco Monsanto Biotech, Mahyco sublicenses Bt cotton technology in India.[3] The Indian government has maintained price controls on Bt cotton seeds since at least 2011.[4]
History
B.R. Barwale founded the company in the 1964.[5]
In 2002 Monanto and Mahyco's joint venture introduced Bt cotton technology to India.[4] In 2012, the government of Maharashtra blocked sale of Mahyco Bt Cotton seed in 2012 in response to distribution and transparency problems. The company's licence to sell was reinstated in May 2013.[6]
References
- ^ "Maharashtra Hybrid Seeds Company to expand in Africa, South East Asia". The Economic Times. Bennett, Coleman & Co. Ltd. 15 March 2015. Retrieved 8 June 2016.
- ^ PADMANABHAN, R (7 November 1998). "Honour for a 'seedsman'". Frontline (India). The Hindu. Retrieved 8 June 2016.
- ^ Vyas, Maulik (17 February 2016). "CCI finds Mahyco-Monsanto Biotech practice monopolistic: Orders Investigation". Economic Times. Retrieved 8 June 2016.
- ^ a b Kazmin, Amy (18 October 2015). "Monsanto faces growing troubles in India". Financial Times. Retrieved 8 June 2016.
- ^ PADMANABHAN, R (7 November 1998). "Honour for a 'seedsman'". Frontline (India). The Hindu. Retrieved 8 June 2016.
- ^ "Mahyco allowed to sell Bt cotton seeds". The Hindu. 7 May 2013. Retrieved 8 June 2016.