'India needs proper regulatory framework'
Bangalore: India needed to develop a proper regulatory framework to emerge as a key player in global seed trade, said International Seed Federation (ISF) general secretary Le Buenec. He was talking to reporters at the sidelines of the three-day World Seed Congress which got underway here on Monday. “One of the key factors, in terms of exports, is adequate protection of intellectual property rights (IPRs). This proves to be a major concern for companies to export to India.” For imports, India had to be a part of the international system of seed certification and member of the International Seed Testing Association, he added.

ISF president Christopher Ahrens said investment to India was restricted till now due to non-favourable conditions but this was expected to grow following the new policy initiatives. Speaking on the occasion, Advanta India managing director Deepak Mulick said as per year 2000 figures, India exported $20 million worth of seeds which could be increased to $200 million by 2005 if all the requirements were put in place. “ As far as IPR protection is concerned, the government has passed the Plant Variety Protection Act,” he added
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