DCM Shriram to enter seed business
Diversified group DCM Shriram plans not only to enter the hybrid seed business in India but also position itself as a key international player.
DCM Shriram Consolidated (DSCL) would focus on hybrid seed market to position itself as a major global player, DSCL Chairman Ajay Shriram said at a meeting organised by the PHD Chamber of Commerce and Industry here on Thursday.
The company is working closely with Manila-based International Rice Research Institute to develop new varieties, he said.
According to a statement released by the industry chamber, Shriram, while addressing Indian industry leaders on DSCL's involvement in agricultural extensions, said his firm would bring about 50 lakh hectares land under its flagship rural retail chain Hariyali Kisan Bazar.
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