(Dow Jones) -- India's seed development major Mahyco is developing a series of genetically engineered varieties of wheat and rice to boost crop yields by tackling drought, salinity and pests, a senior company official said.
"We are working on a herbicide-tolerant variety of wheat and have submitted an application to GEAC seeking permission to undertake field trials," Usha Zehr, chief technology officer of Mahyco, told Dow Jones. U.S.-based crop science multinational Monsanto has a 26% stake in Mahyco.
The Genetic Engineering Appraisal Committee is the regulatory authority that grants permission for such trials in India.
Mahyco has also undertaken laboratory ...