42190
MAHYCO INTERNATIONAL PTE. LTD.
Oct 3, 2019
World Region
Global
Nov 8, 2019
B - Limited
Active
Sep 30, 2022
Regional Industry - MAS Africa
Agribusiness and Forestry
Approved : Dec 17, 2019
Signed : Feb 12, 2020
Invested : Mar 23, 2020
Other
Blended Finance
Maharashtra Hybrid Seed Company Ltd (“Mahyco India” or the “Sponsor”) is one of India’s leading seed producers and was the first to introduce hybrid seeds for millets, wheat, sorgrum, maize and sunflower and the first to commercialize insect tolerant cotton in India.
Mahyco India’s subsidiary, Mahyco International Pte Ltd (“Mahyco International” or the “Company”) incorporated in Singapore, is the holding company for the Sponsor’s international operations and owns operating entities that sell cotton seeds in Sub-Saharan Africa (SSA) and rice seeds in Vietnam and Bangladesh.
The Company seeks to invest US$26 million to expand its cotton business in SSA and to expand its rice and eggplant business in Asia (the “Project”).
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Mahyco Grow South Africa, 24 Bank Street, Groblersdal 0470, Limpopo, South Africa