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19 March 2016

India Scraps Maize Import Tender For 2.4Lakh Tonne




New Delhi. Gauging better production prospects  fropm rabi maize India has cancelled a tender for maize export.The quantity in question was 2.4 lakh tonne.Before this move issue is being raised regarding GM and non-GM maize. Notably,India does not permit to grow GM crop except cotton,brinjal.The latest move is considered to avoid 
import of contaminated maize.India has secured 250,000 tonnes of corn from Ukraine so far.Companies like Agrocorp, Concordia, Noble, Starcom and Daewoo International presented bids on Feb. 12 to supply 240,000 tonnes of corn in the range of $194.62 and $221.50 per tonne.

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