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Asked about plans to launch new products in India, Bayer said: “Protection of intellectual property encourages innovation that is essential to providing India’s farmers with access to breakthrough technologies”. But two industry sources aware of the company’s plans said that a dispute over royalties paid by local companies that license its technology remained a hurdle to seeking fresh approval to sell a new variety of cotton seeds how to put cufflinks on a single cuff shirt. India’s agriculture ministry has twice slashed royalties in the past two years, apart from cutting cotton seed prices..
“The government could step in again to decide the rate of royalty, which could be really miniscule in comparison with the cost of developing a really good product,” said one of the sources, declining to be named as they were not authorized to speak to the media. “Biotechnology research is very expensive and if the government arbitrarily fixes the rate for expensive, cutting-edge technologies then that becomes a major hurdle in launching new products.”. The agriculture ministry did not respond to an email seeking comment how to put cufflinks on a single cuff shirt.
“SELF-RELIANCE” GROUP. The court ruling has been criticized by a nationalist group that has links to the ruling Bharatiya Janata Party and favors non-GM technologies and “India first” economic policies how to put cufflinks on a single cuff shirt. The Swadeshi Jagran Manch, which loosely translates to National Forum for Self-Reliance, said the government needs to amend the country’s patent law to negate the court verdict. Industry executives say several foreign agrichemical companies had to scale down projects, fire scientists, or pull applications to sell products in India because of government-mandated cuts in royalties and a lower court’s order in April that rejected Monsanto’s patent claim..
They said the Supreme Court verdict overturning the lower court order could set a precedent for any future patent dispute and encourage fresh investments in one of the world’s biggest farm markets, whose seed industry is worth around $3 billion a year. “The entire biotechnology space has been liberated,” said Ram Kaundinya, director general of the Federation of Seed Industry of India that represents foreign and local seed companies including Monsanto and Syngenta (SYENF.PK) how to put cufflinks on a single cuff shirt. “There was uncertainty in this area for the last three to four years, which led to a reduction in investments. There are still some issues regarding price control but those are not as big as validity of patents.”..
Many biotechnology companies working on corn and other GM crops will now push hard to get government approvals for their seeds, he said, declining to name the companies. DowDuPont (DWDP.N), which in August last year told the Indian government it was putting off trials needed for approval to sell a GM corn variety, did not respond to a call seeking comment. A public relations firm for Syngenta directed Reuters to Kaundinya for comment. But permitting GM food crops is a big call for India, which so far only allows genetically modified cotton seeds how to put cufflinks on a single cuff shirt.