Agri Business

ITC's Technico signs pact with Scottish institute for new potato varieties

Our Bureaus New Delhi | Updated on December 12, 2018 Published on December 12, 2018

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Technico Agri Sciences, an agri-biotech company owned by diversified Indian conglomerate- ITC, has tied up with Scotland-based James Hutton Institute to bring in 16 varieties and 600 clones of potato to India.

These differentiated varieties, expected to improve yields by 15 to 20 per cent, will undergo trials and evaluation to identify varieties suitable for cultivation in different States the company said in a statement on Wednesday.

The varieties are expected to benefit Indian potato farmers, particularly in the States of UP, MP, Gujarat, Punjab, West Bengal and Bihar, potato processing industry as well as potato exports from the country. The agreement signed in a function at Chandigarh would be for five years, it said.

“Technico has been engaging extensively with farmers and processors across different geographies to help improve farm yield in potatoes significantly. The improvement in yields along with better prices for such varieties has contributed to the doubling of farmers’ income and has also facilitated exports and processing,” Sachid Madan, Chief Executive of Technico Agri Sciences was quoted in the release.

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Published on December 12, 2018
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