PepsiCo withdraws lawsuits against potato farmers - News Summed Up

PepsiCo withdraws lawsuits against potato farmers


AHMEDABAD: PepsiCo Inc has formally withdrawn lawsuits against Indian farmers that the snack food and drinks maker had accused of infringing its patent by cultivating a potato variety, the company and the growers said on Friday. PepsiCo had sued nine farmers for cultivating the FC5 potato variety, grown exclusively for its popular Lay's potato chips. Soon after suing the farmers, PepsiCo came under political pressure from Prime Minister Narendra Modi's ruling Bharatiya Janata Party (BJP) and some of its allies who asked the US company to withdraw lawsuits against potato farmers, who come from Gujarat, Modi's home state ruled by the BJP. Bowing to pressure, PepsiCo on 2 May agreed to take its lawsuits back. The submission made in the court to withdraw lawsuits against the farmers "is in sync with its publicly stated position," a PepsiCo spokesman said.


Source: Mint May 10, 2019 14:15 UTC



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