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Markets :: Fine Chemicals/Biotech :: Seeds and traits

DuPont Acquires Seed Businesses in India

11:52 PM MDT | June 25, 2009 | Deepti Ramesh

DuPont says its Pioneer Hi-Bred business has acquired the cotton seed business of Nandi Seeds (Mehboob Nagar, India), and cotton germplasm from Nagarjuna Seeds (Secunderabad, India). Financial details were not disclosed. “These acquisitions will help us enter the cotton seed market here and meet the needs of Indian farmers who grow more than 9 million hectares of cotton each year – more than anywhere else in the world,” says K.V. Subbarao, country manager for Pioneer India. “Cotton is a natural fit for Pioneer in India. It completes our...

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