Alliance for Agri Innovation, a body to promote adoption of global advances in agri-technology, seeds and plant breeding in the country, has been developed by the nine members of ABLE-AG, the agri-biotech group within the Association of Biotech-Led Enterprises (ABLE). These companies include Bayer Bioscience, Dow Agro Sciences, DuPont Pioneer, Mahyco, Metahelix, Monsanto, Rasi Seeds, Syngenta and Shriram Bioseeds.
The alliance will work for enhanced investments in the area, create public awareness of the issues as well as work with government and regulatory authorities towards a more supportive policy environment.
The Alliance would also be working with regulators, including on different evaluation and assessment methodologies as well as risk assessment.
According to Ram Kaundinya, Advisor to the Alliance, the challenges faced by agri biotech companies pertained to the regulatory process, intellectual property protection and price control.