The country's seed industry is expected to grow by 53 per cent to 10,700 crore rupees by 2015 on increased demand for high-yielding varieties to ensure food security.
According to industry body Assocham, awareness about high-yielding varieties among farmers and public private partnership with a strong regulatory framework and collaborative research would be key measures to ensure smooth growth of the seed industry.
In a statement, it said, presently, size of the domestic seed industry is about 7,000 crore with a production of 40 million quintals of various kinds of seeds.
Assocham Secretary D S Rawat said, better quality seeds with vitality to raise crop yields from limited area is the need of the hour to ensure the country's food security. |