GOVT CLEARANCE FOR TRANSGENIC CROPS LIKELY BY 2000

Article Abstract:

The Government of India may approve the commercial production of transgenic crops like mustard and cotton by the year 2000. This is subject to the crops conforming to the safety standards specified. The introduction of transgenic crops would not only make agriculture more viable in the country but also the production of cotton would increase by 15 percent and that of mustard by 20 percent. The use of these crops would also reduce the dependency on pesticides. In India, Mahyco Monsanto Biotech (India) Ltd of Mumbai has developed the transgenic variety of cotton and Proagro PGS (India) Ltd of New Delhi the transgenic variety of mustard. (uh)

Comment:

The Government of India may approve the commercial production of transgenic crops like mustard and cotton by the year 2000.

Research and Development in the Physical, Engineering, and Life Sciences, Government regulation, Plant Genetics, Cotton, Cotton Farming, Oilseed (except Soybean) Farming, Mustardseed, Cotton (Fiber), Mustard seeds, Mahyco Monsanto Biotech (India) Ltd., Proagro PGS (India) Ltd.

---

AMIBKA COTTON DRAWS Rs 15-CR EXPANSION PLAN

Article Abstract:

Ambika Cotton Mills Ltd (ACML) plans to increase its capacity at a cost of Rs15 crore. It plans to set up a new spinning unit with 12,906 spindles near its existing mill near Dindigul. The unit is expected to commence commercial production by the end of February 1999. The new unit will increase ACML's capacity to 33,264 spindles. The unit will manufacture high quality yarn for the export market. ACML plans to issue Rs8 crore worth non convertible debentures and cumulative redeemable preference shares worth Rs2 crore to IDBI Bank Ltd to fund the project. The balance will be raised through internal accruals. (ag)

Comment:

Plans to increase capacity at cost of Rs15 crore

Expanded capacity, plant expansion, Fiber, Yarn, and Thread Mills, Yarn & Thread Mills, Textile factories, Article, Ambika Cotton Mills Ltd.

---

Similar abstracts:

• Abstracts: RANBAXY AIMS FOR $150-M US BUSINESS BY 2002 RANBAXY TO HOP ONTO BUYBACK BANDWAGON RANBAXY WANTS INDIAN DRUGS OFF PRICE CONTROL
• Abstracts: C-DAC BAGS ORDER FOR PARAM 10000 APPLICATION L&T BAGS Rs90-CR TUNNEL ORDER IN BHUTAN. TELK BAGS Rs8-CRORE ORDER
• Abstracts: THE RUSTLE OF DISTRESSED SILK. KSIC WEAVES Rs1.03-CR NET. GENETICISTS TARGET SILK GENOME TO IMPROVE QUALITY

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.