Monsanto to earn Rs 340 cr tech fee for Bt cotton
Trait fee charged ranges from 15%-25% of MRP.
The technology fee varied depending on the maximum retail price, the gene construct and also the region.
Harish Damodaran
Monsanto will gross roughly Rs 340 crore from licensing its proprietary Bollgard (BG) gene traits to Bt cotton hybrid seed firms in India this fiscal.
Publication Date:
19/01/2010