$$ extbf{Explanation:}$$ $$ullet$$ In September 1997, a Texas based company called Rice Tec got patent rights for Basmati rice through the US Patent and Trademark Office. $$ullet$$ The patent allowed the company to sell a "new" variety of Basmati in US and in other countries. This new variety of Basmati had been derived from Indian Basmati ( New variety was produced by crossing Indian Basmati with semi dwarf varieties)