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"NSAI working to free Indian seed firms from monopolistic MNCs"

M Prabhakar Rao, the Chairman and Managing Director of Hyderabad-based Nuziveedu Seeds Ltd (NSL), is known for taking on multinational companies over the issue of patents. Rao was recently re-elected for the third time as the President of National Seed Association of India (NSAI), the largest body representing all major public and private sector seed companies. In a tête-à-tête with BusinessLine, he says certain MNCs, with vested interests, have created false impressions in the past.

The agriculture sector has been under stress due to reasons ranging from deficit rainfall to chronic drought conditions. How badly has this impacted the seed business?
There is an increase in cotton planting this year. However, there is a reduction in planted areas of bajra, maize and hybrid rice. The vegetable seed market has, however, witnessed a fall in the first half of this calendar year. But, overall, due to the acceptance of quality seeds by farmers, the industry is quite bullish.

Read the full interview at Business Line (Rajesh Kurup)
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