Camson Bio Technologies today announced the signing of a Memorandum of Understanding (MoU) with Zuari Agri Sciences. Camson is India's IPR-driven Agri-biotechnology company and is at the forefront of the agricultural revolution in the country.

Zuari is engaged in production and trading of high-yielding hybrid seeds and crop care products. Zuari Agri Sciences (ZASL) is engaged in research, development, production and marketing of a wide range of seeds for field crops and vegetables, sold under the 'Jai Kisaan' brand name.

The company has technical collaborations with Institute of Field and Vegetable Crops, Serbia; ICRISAT, Hyderabad and Monsanto. Currently in a growth phase, the company is expanding its product portfolio to include a wide range of bio-agri inputs.

Products manufactured by Camson will be marketed by Zuari under their brand name. 

Santosh Nair, CEO, Camson Biotechnologies said, "We are excited to engage with team Zuari and we believe that such efforts and partnering together would not only add momentum but also go a long way in propagating the zero residue farming concept in the country."

Shares of the company declined Rs 3.5, or 4.97%, to trade at Rs 66.90. The total volume of shares traded was 10,464 at the BSE (3.11 p.m., Thursday).