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The Haryana Seeds Development Corporation Limited was established in the year 1974 under the Companies Act, 1956 with the following objectives, among others:
\tTo carry on in Haryana and in India the production of certified seeds of all those crops and varieties coming under the purview of the Seeds Act, 1966, (No. 54 of 1966) and quality seeds of other kinds or varieties, processing, drying, storing, distribution and transportation of the same on commercial lines.
\tTo carry on business as seed merchants, to buy, sell, grow, prepare for market, import, export and deal in seeds of all kinds and varieties and to provide and make available at reasonable prices sufficient quantities of certified and quality seeds to support Agricultural Production Program.
\tTo store and stockpile reserve supplies of seeds needed for the improvement of agriculture in India.
\tTo own and operate seed testing laboratories.