Jain Irrigation Systems sees 6% surge on MoU with Indian Coffee Board

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Jain Irrigation Systems sees 6% surge on MoU with Indian Coffee Board - Business Standard

Quick Summary:

The uptick follows the company's recent signing of a MoU with the Coffee Board of India, aimed at the commercial launch of advanced, high-quality, disease-resistant coffee plants.

The coffee plants multiplied using the tissue culture protocols have been evaluated on the fields for the past few years.

KG Jagadeesha, Secretary and CEO of the Coffee Board said, “For the first time in the world, we have standardised the tissue culture technology for coffee in India.