India May Become A Significant Seed Exporter- How?
India has accumulated a great deal of seed-producing expertise. The Indian seed market is currently around $18,000 crore and is expanding. Through decades of training and capacity building among the farmers who grow seeds in these communities, it has built source-producing villages. Gujarat, Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, and Maharashtra are some of the highest agricultural seed exporters in India.
Generating seeds is more lucrative for farmers than growing a conventional commercial crop. In a closed-loop system supported by contracts, seed corporations provide farmers with parent seed and technical assistance before purchasing the generated source. Because of the buyback agreements, banks feel comfortable lending money to seed farmers.