On October 29 2009, Avesthagen from India and Limagrain from France signed a cooperation deal. As such, nothing exceptional, except that it brings a leading seed selection company together with an agro biotech company.
This deal is about developing and selling genetically modified seeds that answer critical agricultural challenges such as the need for higher yields through drought resistance and high performance in soil with high salinity. The crops included in this deal are wheat, corn, maize, barley and sunflower.
This deal also illustrates my prediction in my article “Future approach of genetics in agriculture”, that is the combination of GM technology with traditional breeding. This is quite a step further, and a much more useful one, from a global food security point of view, than developing GM plants to increase sales of other agricultural input such as herbicides. In my view, these two companies, and their joint venture, are on the right track, and they will lead by example.
For the complete statement about this deal go to http://www.avesthagen.com/docs/oct292009.pdf