Home / Knowledge / News / Textiles / Producers demand revision in Bt cotton seed prices
Producers demand revision in Bt cotton seed prices
15
Feb '10
The National Seed Association of India has requested the Chief Minister of Andhra Pradesh to revise the prices of Bt cotton seed as they were too low for the seed companies to maintain profitability of their companies.

The prices of 450-gram packet of single gene and double gene Bt cotton seeds were reduced to Rs 650 and Rs 750 per packet, respectively, in 2008 from Rs 750 and Rs 950 per packet, respectively, in 2006.

They said that at the prevailing prices, they were incurring a loss of Rs 50-100 per packet and if the prices were not revised, they would not be in a position to take up production of Bt cotton seeds for next year, which could affect supply.

Since Andhra Pradesh accounts for 70 percent of the seed production in the country, the pricing policies adopted by the state are followed by other states in the country, like Gujarat and Maharashtra, to whom too they would represent to up the prices.

Fibre2fashion News Desk - India


Must ReadView All

Top 15 US fashion brands are collectively worth $70 bn

Fashion | On 22nd Jul 2018

Top 15 US fashion brands are collectively worth $70 bn

The top 15 American fashion brands are collectively worth close to...

Courtesy: Covestro

Textiles | On 22nd Jul 2018

Covestro's new products for waterproof textile coating

Covestro, which is among the largest polymer companies, has unveiled...

Evogene, IMAmt to work together in insect resistance

Textiles | On 22nd Jul 2018

Evogene, IMAmt to work together in insect resistance

Evogene, a leading biotechnology company developing novel products...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search