PEC, a government organization, imported non-GMO corn to meet demand. In December 2015, PEC expressed interest in importing 5 lakh metric tons of non-GMO corn and recently completed a tender for 240,000 metric tons from Ukraine. The first shipment arrived at an Indian seaport in March. The import will affect agricultural and commercial markets through increased competition and potential price impacts. Concerns include ensuring the corn is truly non-GMO and whether imported seeds could be used in India.

1. Import of Non-GMO Corn By PEC
Overview of Company ”PEC”- A public sector undertaking
under Ministry of commerce & Industry, Dept. of Commerce,
Govt. of India which deals in the import, export, deemed
exports, third country trading…
Its being a news dated back from 16th Dec 2015 where PEC
put an expression of interest on his website for the imports of
Non-GM(genetically modified)Corn.
With its Strict policy measures over GM crops, since after
16Years by analyzing demand pattern and after
clearance from govt. of India, it decides 5 lac MT import of non
GM maize on actual user basis.
PEC have completed all tender processing on past dates for
all firms or individual demand basis.
Also he has recently completed tender process for 2,40,000
MT of maize from foreign supplier dated 19th Feb.
On 14 Mar it has got first Cargo of imported maize at the
Seaport.
Already ordered to Ukraine for 1lac MT of yellow maize

2. Reasons, why this information is
necessary?
1. Effects on Commercial market
2. Effects on Agricultural Sector
3. Need to analyze productivity of Imported
corn
4. Future Perspective
5. Market Competition

3. Effects on Commercial market
 Its being seen as an startup of seasonal
maize crops in India.
 From ongoing months the imported maize
may come in various areas like feed
industry, starch industries and so on as per
demand pattern..
 Straight effects on pricing as it enters in
direct competition with domestic agri market.
 Future view of volatile market can be
observed.
 By products demand and supply will gets
more affected.

4. Effects on agricultural Sector
 All industries till dates were directly dependent on
domestic agri market, but if this imported maize
succeeds in a way than there may be more
fluctuations can arise in the market.
 As per govts. strict norms and with the foreign
assurance to provide over 100% or 99% non GM
crops, It may possible that somehow there may be
GM based seeds may come because the order is
little bit flowing by various hands as per the
production areas in foreign are concerned.
 It is also a matter of suspect for the possibility of
GM corn because two big countries(China &
Russia) which have recently prohibited GM based
agriculture, are illegally attached with this
productions as per international reports.

5. Need to analyze productivity
 If some way from any source this maize
enters industrial units than how to analyze
it, is the biggest matter of interest.
 These corn may be possible not affect
production cycle at first but an comparison
with traditional maize is must.
 May be possible we get another source of
reference to run production cycle smooth.

6. Future Perspective
 The straight way all the consignments are floating
by various ways in Indian market there is also some
Pros and Cons also associated.
 Pros: Government decides to import in such a
manner to fulfill populous demands by various
industries and feed firms so its being an plus point
that over all growth can be sustained inspite of weak
season or low domestic maize production.
 Cons: There is a huge possibility that the imported
maize may be taken as seed to grow in some part of
India. If it have at least 1% of Genetically modified
seed than It will unconditionally harm the land
system or cause material injury..
Production will affect and all industries associated
also gets hard operations.

7. Market Competition
 There is a plenty of uses of maize as a raw
material, so market competition is obvious.
 But with the flow of import’s corn and after
pricing and adoption by industries there is
definitely competition will be observed
 Its an matter of awareness as far as our
business is dominating.

8. References:
 The Hindu newspaper article dated Feb16,2016
“GM-free corn imports, a tough ask”
http://www.thehindu.com/business/gmfree-corn-imports-a-
tough- ask/article8245495.ece
 PEC India Ltd. Official website www.peclimited.com
All tenders and wide information over this issue
 Online blog articles with Google search
Thanks for your kind interest…..
Ankit Karnawat
KSL-Vapi