A subsidiary of Monsanto in India, plans to present the final results of a trial batch of its genetically modified maize legislators during the year, the government gave permission for the commercial launch, said the head of the representative office of the company.
India currently prohibits the cultivation of GM food-grain crops, but the government of Prime Minister of Narendra modi, seeking to improve the performance of farms, stimulated the run field trials after a five-year ban.
The Executive Director of the office of Monsanto in India said that the company is close to the final stage of the corn. Trials ended in June and October last year in the state of Maharashtra; the harvest is completed. The company will need about a year to analyze and present the data after the tests, which began about six years ago.
Bred corn is resistant to insects and herbicides, the crop yield will be 15-20% higher. Currently, the average yield of maize in India is 2-2,25 tons per hectare, compared to 10 tons in the main producer of corn in the USA.
The final phase of testing corn says about how close Monsanto to run GM products in India after the popularization of transgenic cotton, which now makes up 95% of the fiber in the country.
After the launch of production of GM cotton in 2002 India from a net importer became the second largest producer and exporter of fiber.
Shares of Monsanto India increased by 150% in the past year.
Despite the poor monsoon rains, reducing the total area of cultivation, the company's income will probably be coding, or a little better this year, ending 31 March, due to good sales of GM cotton, which usually requires a smaller quantity of water.
But the company is faced with the opposition of local and international activists, who fear that the American company monopolize the seed market in the country, where small farmers and farmers-the poor make up a large part of the population engaged in agriculture.
Translated by the service "Yandex.Translation"