GMO-seed maker says sales are immune to India’s economic slump
The Telangana-based firm this week said revenue will rise as much as 20% in the financial year started April 1, compared with an average 15% forecast by eight analysts. Prime Minister Narendra Modis decision to scrap royalties paid to Bayer AG for Monsantos genetically modified cotton will also help Kaveri Seed, the company said.