Sakata Seed Corporation, a 100-plus year-old, $450-million Japanese seed development and marketing company, is all set to make an investment of Rs 100 crore in India as part of its expansion activities.
According to sources in the Japan External Trade Organisation (JETRO) privy to the development, Japan’s largest listed seed wholesaler will invest the money for its research and development (R&D) activities in the country.
When Deccan Herald contacted a Sakata Indian official, he said the company established its Indian operations in 2008 and research centre in Bengaluru in 2009. The research centre has now employs around 50 people.
The company is involved in three farm verticals. They are production and sales of vegetable seeds, flower seeds, grass seeds, vegetable seedlings, and flower seedlings; bulbs and agricultural/gardening materials; and publication of gardening literature.
The company is involved in three farm verticals. They are production and sales of vegetable seeds, flower seeds, grass seeds, vegetable seedlings, and flower seedlings; bulbs and agricultural/gardening materials; and publication of gardening literature.