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Plant Science Today (PST)

Research Articles

Early Access

Comparative financial analysis of public and private sector firms in the Indian seed industry

DOI
https://doi.org/10.14719/pst.9463
Submitted
16 May 2025
Published
28-07-2025
Versions

Abstract

One of the fastest developing industries in India is the seed sector. The sector aids in the advancement of agriculture in the country, which is vital with regard to increasing productivity at the farm level and food security. The Indian seed market is expected to reach USD 3.82 billion by 2025 and increase by a further USD 5.01 billion by 2030, exhibiting a CAGR (Compound Annual Growth Rate) of 5.56% during this period. These trends indicate that seed companies are making significant investments in R&D to produce new and modernized varieties that exhibit desirable features such as disease and drought tolerance. The Indian seed companies’ financial performance is not consistent, as it depends on their market share, degree of innovation, and efficiency in operations. This research intends to examine the financial performance of the Indian seed industry, highlighting public and private sector seed firms in India between 2015 and 2023. This study concludes that financial stability is a must for the better performance of seed sector in India. However, seed sector in India is financially helpless, the private sector companies perform better when compared with public sector companies.

References

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