DuPont has made two cotton acquisitions in India to enhance its product lineup and strengthen its growing business there.

 

DuPont business Pioneer Hi-Bred has purchased the cotton seed business of Nandi Seeds, based in Mehboob Nagar, Andhra Pradesh, India, and acquired cotton germplasm from Nagarjuna Seeds, based in Secunderabad, Andhra Pradesh, India.

 

 

Cotton will complete the company's high-value product and service offering to farmers and enable DuPont to further strengthen its growing seed business in India, Subbarao added.

 

Pioneer currently offers corn, rice, pearl millet, sunflower and mustard in the Indian market and has grown revenue 40 percent annually for the last five years to reach about US$70 million in 2008.

 

''Agriculture, food and nutrition is a key growth segment for DuPont in India, and these acquisitions are part of the company's strategy to expand its presence here,'' said Balvinder S. Kalsi, president DuPont India, adding that they are positioning the company to grow at a faster pace by leveraging opportunities.

 

Pioneer Hi-Bred, a DuPont business, is a leading source of customised solutions for farmers, livestock producers and grain and oilseed processors. With headquarters in Des Moines, Iowa, Pioneer provides access to advanced plant genetics in nearly 70 countries.

 

DuPont India is a subsidiary of DuPont. DuPont India, with more than 1,000 employees, markets a wide range of products in various market segments. The company has six production facilities in India.

 

DuPont is a science-based products and services company. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.