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Abstracto

AN OVERVIEW ON INTELLECTUAL PROPERTY RIGHTS BENEFITS TO SEED INDUSTRY

Kaushal Partap Singh*, Hemwant Singh

The Indian seed industry is the 8th largest in the world with a market turnover of US $920 million. The Government of India has targets for a growth rate of 4% per annum during the 11th plan period and to achieve this target, the seed industry as a whole has to play a crucial role. However, the seed industry is growing now at an impressive rate of about 12% per annum. With this growth, we have a potential to become the foremost player in seed business in the developing world with prospective markets in West Asia, South America and Africa.