NEW DELHI - An Indian court rejected PepsiCo’s appeal against an order that revoked a patent for a potato variety grown exclusively for the New York-based company’s popular Lay’s potato chips.
The authority removed PepsiCo’s patent cover after Ms Kavitha Kuruganti, a farmers’ rights activist, argued that the company cannot claim a patent over a seed variety.In its order dated July 5, Delhi High Court judge Navin Chawla dismissed PepsiCo’s appeal against the authority’s decision. The US snacks and drinks maker, which set up its first potato chip plant in India in 1989, supplies the FC5 seed variety to a group of farmers who in turn sell their produce to the company at a fixed price.
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Source: STForeignDesk - 🏆 4. / 71 Read more »