*Highlights of G Vijay Kumar, CFO of Kaveri Seeds in an interview with ET Now*

1)  Expect non-cotton biz to be 50% to 60% of total business in 3-5 years

2)  Price corrections will not have much impact as the company is gaining in many markets and diversifying into non-cotton crops. 

3)   *Second quarter also looks better than compared to last year at 10% to 15%,* we will be better in *top line and at 20% to 25%*, better in bottom line in the second quarter for the current year as well.

4)  Price correction will not be much impact because *we are gaining in many markets and also we are good in many other crops*. Overall acreage will be there and we will compensate with maize sales or paddy sales or other sales.

5)  Three to four years down the line, we want to see that *non-cotton business making for more than 50% to 60%*. That way we would have penetrated the entire pan-India market. In the past, we have been south centric in some parts of Maharashtra. Now, *we have a pan-Indian presence. We are in West Bengal, UP, Rajasthan, Chattisgarh, Gujarat, Oddisha, Bihar among others*.

6) This year we have seen lot of growth in paddy while maize almost stagnated in first quarter but in July-August, it has picked up. Hopefully, during rabi crop, maize will go up. Overall, we are seeing that field crops, non-cotton crops will grow 20% to 25% for us.

7)  Last year only, *we entered into the vegetable seeds and we done a modest business. This year we are expecting almost 200% growth in the vegetable seed segment. We have almost 50 products yet to launch in next couple of years including this year, next two years.*

8)  We want to grow next three to four years. There is more focus on vegetable seed segment. The Indian vegetable market seed market is also growing very fast 20% year on year. We want to capture that market share and look for a good growth in the vegetable seed market.

9) For FY18, the expected revenue from the non-cotton category is around 40 plus at a margin of 5% to 6,% better than the cotton category.

10)  *We are releasing every season three to four hybrids in non-cotton to meet state requirements, area requirements. In last two years, we have launched many crops and again many hybrids and this year also we are already in the kharif season, we will launch three hybrids in maize, paddy and again in rabi season.  That way, we want to capture more market non-cotton areas and we want to grow fast.*