CIC sets up satellite research lab in Bangladesh
View(s):CIC Holdings’ tissue culture lab is setting up a satellite facility in Bangladesh to support the processing of certain plant species, specifically targeting the expansion into Australia in particular.
The company, detailing its research facilities, said it is currently extending its reach to the region.
CIC lab facility
In the statement, the company said it leverages its ‘significant prowess’ in research to successfully anticipate wants and needs which are constantly evolving, and to offer products and services which enhance the lives of its customers.
The company noted that it is the only one to own and operate seed and soil laboratories. The company’s seed paddy enterprise has made a significant impact in the local agriculture landscape with the extensive research and trials carried out on the farms, including the introduction of a new variety of rice, the statement added.
The Red Basmati rice has a low glycaemic index, meaning that it releases sugar slowly, making it a healthier option, and is the first to be introduced in the country by any private sector entity.
Strengthening its already existing inventory, a new strain of hybrid corn seed of enhanced quality and yield was registered by CIC during 2011, while over 150 acres of farmland are under cultivation with a premium strain of bananas, which is predominantly marketed locally under the brand ‘CIC Quality Banana’, it said.
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