for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Commodities

India should let market determine seed prices: foreign seed firms' alliance

Farmers plough and sow cotton seeds in a field in Shahpur village, about 79 km (49 miles) west of Ahmedabad July 13, 2012. REUTERS/Amit Dave/Files

NEW DELHI (Reuters) - An official from the newly formed alliance of major international seed companies in India said on Friday that market should determine prices of seeds rather than regulatory mechanism.

The alliance was formed to protest against India’s moves to toughen regulation on genetically modified crops.

Reporting by Krishna Das and Mayank Bhardwaj; Editing by Malini Menon

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up