STUDY ON COTTON AND MAIZE SEED REQUIREMENT, UTILIZATION AND SUPPLY BY BOTH PUBLIC AND PRIVATE SECTORS IN THE STATES OF MAHARASTA AND GUJARAT
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Date
2003
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Professor jayashankar Telangana State Agriculture University
Abstract
Seed Industry in India: Poised for a leap Seeds form the fundamental and crucial input for sustained growth in farm production, often stimulating the use of new methods, machinery and yield-enhancing agro-inputs. The role of the seed sector is not only to ensure adequacy in seed quality but -. also to ensure varietal diversity. Today, India is one of the biggest Seed markets in the world, with annual sales at around US $920 million. Of this, domestic off take accounts for US $900 million and sales in the global market account for the remaining US $20 million. - Although private seed companies such as Poacha and Sutton have been established since the pre-independence era, accelerated growth of the private sector began only after the introduction of the new seed policy in 1988, which ushered a liberal business climate. h C, Currently there are over 200 private seed companies, together with a few multinational companies, and t2ey tend to focus on low volume, high value crops with the principal effork being placed on creating hybrids for oilseeds, maize, cotton and vegetable crops. The private sector accounts for 70% of the market in terms of market turnover whereas the public sector has the greater share in terms of volume sales. India today has a critical mass and level of growth that it could use not only to cater to the growing domestic requirement but also to make a concerted effort for global trade under provisions of GATT and WTO. Furthermore, India is endowed with second largest area of farmland, and the largest area of irrigated land, in the world and, with its huge germplasm diversity, its seed industry is well placed to serve both domestic and international markets.
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D6982