Biotech Agriculture: India's biotech crop export soars as production zooms
The Economic Times
MAY 14, 2007
Here’s the excerpt of an article published by The Economic Times on biotech agriculture…
KOLKATA: In case you didn’t know it, India has emerged as the fastest biotech crop growing nation in 2006. Propelled by increased cultivation of biotech cotton, India has also outstripped China as the largest cultivator of the crop by 0.3 million hectares, according to Ms Martina Newell-McGloughlin, a noted US biotech expert.
Ms McGloughlin, who is also the director at California University’s biotech research & education programme, said “India has about 3.8 million hectares under biotech cotton cultivation against 3.5 million hectares in China”. She was talking at a meeting organised by Indian Chamber of Commerce here on Friday.
“India has developed 62 biotech cotton hybrids by 2006 compared to 3 biotech cotton hybrids in 2002. Biotech cotton exports from India have also gone up from 0.9 million bales in 2004 to 4.7 million bales in 2006. Indian biotech cotton cultivators are registering 88% increased profit per hectare which is about $250,” said Ms McGloughlin.
Ms McGloughlin said global biotech crop cultivation had reached 252 million acres across 22 countries….
Full article at The Economic Times.
