GMO-seed maker says sales are immune to India’s economic slump

The Telangana-based firm this week said revenue will rise as much as 20% in the financial year started April 1, compared with an average 15% forecast by eight analysts. Prime Minister Narendra Modi’s decision to scrap royalties paid to Bayer AG for Monsanto’s genetically modified cotton will also help Kaveri Seed, the company said.

from Economy-News-Economic Times https://ift.tt/3gTiChF