Monsanto threatens to exit India over GM royalty row

Monsanto Co, the world’s biggest seed company, threatened to pull out of India on Friday if the government imposed a big cut in royalties that local firms pay for its genetically modified cotton seeds. Mahyco Monsanto Biotech (India)(MMB), a joint venture with India’s Mahyco, licenses a gene that produces its own pesticide to a number … Continue reading Monsanto threatens to exit India over GM royalty row