BioSpectrum Ranking Survey: Rank 8: Mahyco

The firm completed the acquisition of subsidiaries of Quoton in Tanzania and Malawi for cotton seed business

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Mahyco
MD: Raju Barwale
Total Revenue: Rs 471 crore

Maharashtra Hybrid Seeds Company (Mahyco) is focused on research and development, production, processing, and marketing of seeds for India's farming fraternity of approximately 115 products in 30 crop species including cereals, oilseeds, fibre and vegetables.

Mahyco is also developing genetically enhanced crops with use of gene transfer technology. Headquartered in Jalna, Maharashtra, Mahyco has a national presence with network across the country.

Founded in 1964, Mahyco is the pioneer of high quality hybrid and open pollinated seeds. Through the use of cutting edge technology and intensive research activities, Mahyco has revolutionized the agrarian face of the country.
Continuing its growth story, the firm clocked Rs 471 in revenue in the FY15-16 against Rs 423 crore in the FY14-15.

In addition, the firm completed the acquisition of subsidiaries of Quoton in Tanzania and Malawi for cotton seed business.

 

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