Kaveri Seeds, a BSE-listed seed producer inaugurated its biotechnology research and development (R&D) Centre at Pamulaparthy in Siddhipet district, Telangana.
According to Managing Director and Chief Executive Officer of Kaveri Seeds, G V Bhaskar Rao, the Centre for Applied Genomics & Seed Technology would facilitate 'smart breeding' to develop quality hybrids for all the crops.
Kaveri Seed's research & development activities are driven by dedicated researchers and scientists operating across its different R & D centres & breeding sites. It has a seed production program that involves 100,000 production cultivators on 65,000 acres of land spread in 12 agro-climatic zones to cater the needs of farmers. This laboratory would help the company further strengthen its leadership position & drive growth.
The firm has also registered a total income of Rs. 660 crore in the 1st quarter that ended on 30th June 2019, as against Rs.599 crore in the same quarter last year (2018).
About Kaveri Seeds
The Kaveri saga started in 1976 with its founder GV Bhaskar Rao who was a science graduate with his spouse G Vanaja Devi as the co-founder setting up a small seed production facility in Gatla Narsingapur village of Andhra Pradesh. Continuing this entrepreneurial journey, the idea sprouted as Kaveri Seeds & the company was formally incorporated in 1986.
At present Kaveri is one of the fastest growing seed company in the country with a huge network of over 15,000 distributors as well as dealers across India. With more than 883 employees & a strong product line of hybrids, the firm is poised to go greater heights with its renewed focus on research and development & strong intent to invest in novelty by the management to deliver all brand promises.
