Thursday, October 21, 2004

India, China in Biotech Race

From BusinessWorld Online:

"Asian giants India and China are accelerating investment in biotechnology research to fight the odds in agriculture and feed their teeming millions, say scientists and officials.

Scientists at a workshop in one of Indias biggest gene research centres in Patencheru in southern Andhra Pradesh state said China and India accounted for more than half the developing world's expenditure on plant biotechnology.

Margarita Escaler of the United States-based International Service for the Acquisition of Agri-Biotech Applications said the Asian giants were putting the emphasis on genetically modified (GM) seeds and technology to ensure their billion-plus populations have enough to eat. "