RANK 9
364.9 crore* |
Maharashtra Hybrid Seed Company (Mahyco)
|
Founder
& Chairman
|
Dr B R
Barwale |
Business |
Solutions
for
GM
crop testing |
Start-up
Year: 1964
|
Address:
PO Box 76, Jalna, Aurangabad Rd, Dawalwadi, Dist.- Jalna, Maharastra-
431203 |
Tel:
+91-2482-233881, 233882 |
Fax:
+91-2482-262002 |
Website:
www.mahyco.com |
Diverse and progressive research in
seeds has helped Mahyco sustain its growth in the
biotechnology space
![](http://biospectrumindia.ciol.com/images/content/2011/jun/9-Dr-BR-Barwale-%28Chairman%29,.jpg)
Maharashtra Hybrid Seeds Company Limited
(Mahyco) is engaged in R&D, production, processing and marketing of
200 products in 35 crop species, including cereals, oilseeds, fibre
crops and vegetables. Mahyco recorded biotech revenue of
![](http://www.biospectrumindia.com/images/content/2010/aug/INR-currency_symbol.jpg)
364.9 crore
in 2010-11 as compared to
![](http://www.biospectrumindia.com/images/content/2010/aug/INR-currency_symbol.jpg)
312 crore in 2009-10. The continuous
growth
in the sale of Bt cotton seeds, since its launch in 2002, has helped
the company to continue to grow in the biotechnology space.
Mahyco is credited with 21 notified research varieties of seeds and
caters to the needs more than 100,000 farmers. It has 27 production
centers and has a million seed processing capacity at eight processing
plants and more than 9,000 tonnes of dehumidified storage for sensitive
seed material. The production and the processing network are supported
by a well developed all-India marketing network, consisting of more
than 5,000 sales outlets.
The cornerstone of Mahyco’s success has been a strong, diverse and
progressive R&D program. Mahyco was the first company in the world
to successfully commercialize F1 hybrid cotton, based on genetic and
cytoplasmic male sterility system.
Mahyco was also the first company in India to produce and market,
hybrid sorghum, pearl millet and sunflower and the first company to
receive the Government of India’s approval in 2002 for
commercialization of insect-tolerant Bt cotton (Bollgard) followed by a
superior Bt cotton (Bollgard II) in 2006.
The company has a state-of-the art R&D center at Dawalwadi near
Jalna, Maharashtra, where hybrid breeding programs are presenlty
on-going in over 30 crop species and support program in plant
pathology, entomology, cytogenetics, biochemistry, tissue culture,
rapid cycling, biotech and transgenic plant research are also being
carried out. Mahyco also has five more research centers and 18
multi-locational crop performance testing centers distributed across
the country. Over 200 scientists are engaged in the research programs
at Mahyco.
The research focus at Mahyco Research Center has been in the areas of
biotic and abiotic stress tolerance.
The company was involved in pigeon pea and pearl millet breeding
program with ICRISAT for over a decade and has also joined the Hybrid
Rice Development Consortium, established by IRRI.
Mahyco also shared Bt brinjal technology with public sector
institutions in India and abroad, including UAS, Dharwad; TNAU,
Coimbatore; IIVR, Varanasi; BARI, Bangaladesh; and UPLB, Philipines.
Mahyco has participated in a number of projects under the aegis of the
Department of Biotechnology (DBT), Government of India, and has entered
into numerous partnerships with public institutions and private
companies to bring the best technologies to Indian farmers. To name a
few, Mahyco is sourcing sucking pest tolerance genes from the Bose
Institute, Kolkata and chickpea pod borer resistance genes from Assam
Agricultural University (AAU), Jorhat.