Sakata Seed Corp. is betting that rising demand for its disease-resistant hybrid "F1" seeds will help the company triple its market share in India.
The seed wholesaler accounts for about 1 percent to 3 percent of the F1 and "open pollinated" vegetable seed market in India, and plans to increase it to 10 percent by 2018, according to Chief Executive Officer Hiroshi Sakata. That would place the company in the top five vegetable seed wholesalers in India.
F1 seeds are first-generation offspring from cross-breeding of two different parents.