Uzbek-Indian seed-growing enterprise to be established in Uzbekistan
BAKU, Azerbaijan, Feb. 28
By Ilkin Seyfaddini – Trend:
The Ministry of Innovative Development is establishing cooperation in the sphere of organization of production of elite seeds jointly with Nath Bio-Genes сompany on the area of 20 hectares in Samarkand region, Trend reports via Uzbek media.
Minister of Innovative Development Ibrohim Abdurakhmonov met with representatives of Nath Bio-Genes сompany Nandkishor Kagliwal and Venkatesh Kulkarni.
The sides discussed joint steps and further actions to establish partnership in agriculture.
The company's management arrived in Uzbekistan to detail organizational issues, in particular the issues of creating a joint venture, which will specialize in the production, sorting, packing, packaging and export of elite cotton seeds using advanced technology in India. During the visit, meetings are held with relevant agencies of Uzbekistan, specializing in seed production, plant quarantine and agriculture.
Following the talks, agreement has been reached on setting up an Uzbek-Indian seed-growing enterprise in Pakhtachin district of the Samarkand region, with direct investment. Activities of enterprise will include a whole line of production process up to export of elite cotton, corn and other vegetable seeds grown with the use of Indian technologies.
The Indian side proposed opening of a representative office of the Ministry of Innovative Development in Mumbai, India's largest financial, foreign economic and industrial center, to further attract Indian and other investors to Uzbekistan.
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