SCOPE OF SEED INDUSTRY IN INDIA

With the increasing trend in Global population, there will be immense pressure to grow more food which demands the increase in productivity. This is also a cause, of the recent socio-economic changes happening, especially in the third world countries. The agrarian population in India is also decreasing.

Elsewhere, in the developed nations, rising labor costs and input cost has forced them to produce quality seeds in developing countries. India, is by far the best destination, owing to the wider agro-climatic zone, reasonable labour costs and friendly agricultural policies. The Government of India encourages the growers to adopt agriculture as the main profession , by providing subsidies and various loans in this sector.This has encouraged many Companies to provide professional services in the seed multiplication, both for the domestic market and that for the International Seed producing Companies.

The Indian vegetable seed market is growing at a rate of 10 - 15% in the past few years, compared to the growth rate of global seed market, which is around 5%. There is also a huge increase of around 194% in Indian vegetable, hybrid seed market.Improvising agronomic practices, adopting sustainable technologies and increasing the usage of farm machinery has enabled Indian growers to deliver seed of High genetic purity , viability and good seed health. Adoption of International labour policies, SHE practices , child labour policies and audits such as GAP have thrust and showcased the importance of Indian seed industry , on the global platform. The exposure of the Agricultural professionals to world class production techniques and processing technology on the other hand, has enabled them to provide the best technical advice to achieve the aims of the Company.

In the years to come, India will emerge as one of the important seed producing hubs for the Global market, in a cost-effective manner, influencing the Indian economy , generating farm income and earning foreign exchange.