Serendib Horticulture Technologies with its global presence in plant biotechnology has now tied up with a Japanese company to produce orchid flowers through tissue culture.
This is a long term project where they will be producing over 50,000 flowers over the next three years and will be exporting the end product with value addition. The project is at its initial stages producing plants.
The company also tied up with a French company to produce Aloe varieties. The project is in the research and development stages and working on developing the protocols for its propagation. “We signed up a production agreement with a South African company this month on producing plants for Arid climates. This is a big project with a large market. Once again, all these projects will take a minimum of 2-3 years to start generating an income. Unless we take such risks, we will always be where we are,” Chairman Dilip de Silva said. “Despite a rapidly increasing flower market globally, Sri Lanka’s share has dropped drastically over the past 10 to15 years. This is mainly because of the lack of innovation on our part”, de Silva said.
“We need to be more innovative and spend more resources on research and development with a commercial objective. Flowers are like consumption items that have a very high turnover. But the market is very volatile and requires new products and new varieties.
The only way we could get a share of this market is through research and development.
Selection and breeding are two very important criteria we are now following. Research should not be done individually. It needs collaborations. We are now working with government agencies to fulfill this objective.”
Several flowering plant varieties have been identified for improvement.
At the moment the company is working on the number of flowers. These varieties will have a very good impact in the local market. These varieties will help many self-employed persons to increase their income.