Ag Tech Investments News

Phytelligence, a leading agricultural biotechnology company revolutionizing the way food crops are grown, announces a partnership with Mahyco Grow to provide Indian farmers with the most advanced technology available in horticulture.

The plants produced by Seven Star Fruits, a company of Mahyco Grow, using the Phytelligence MultiPHY™ process will support higher density planting systems, which results in higher yields per acre and more sustainable production. The partnership will also enable the delivery of new varieties of apples, cherries, peaches, plums, berries, grapes, nuts, oranges and other tropical fruits to Mahyco Grow’s existing customers and the region’s farmers.

Utilizing Mahyco Grow’s extensive network and agricultural expertise along with Phytelligence’s world-leading MultiPHY™ technology, the partnership aims to help growers plant modern rootstocks and varieties, improve farm incomes and increase fruit quality. The first trees of the partnership will be available for sale in 2018 and delivered in the spring of 2019.

“Collaborating with a group as innovative as Mahyco Grow presents a strong step forward for Phytelligence internationally,” said Phytelligence CEO Ken Hunt. “It’s a major win not only for the company, but also for growers in the region who can look forward to improved plant material and a much higher profit in the coming years. Our mission is to serve growers across the globe and this partnership takes us one step closer to fulfilling that promise.”

“Combining the expertise of both companies will have a significant impact on farmers’ lives by improving yields and providing disease resistant plants,” remarked Aashish Barwale, Director, Seven Star Fruits Private Limited. “As a leading group in the agriculture field, we’ve experienced first-hand how innovations in agronomy make a very real difference to the people within our own communities. We look forward to making an impact in the fruit industry in India together.”

Source: http://phytelligence.com