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Where is cashew famous India?

Where is cashew famous India?

Top Ten Cashewnut Producing States: 2017-18

Rank State Name Area
1 Maharashtra 191.45
2 Andhra Pradesh 186.78
3 Odisha 193.99
4 Karnataka 129.07

Is cashew nut farming profitable?

He said that yield has gradually increased from 1 kg of raw cashew nuts a tree to 9 kg a tree since then. In 2014, he got a profit of ₹720 a tree at the rate of ₹80 a kg for raw cashew nuts. After deducting all expenses, he earned a profit of ₹2 lakh a hectare, he added.

Which State Cashew is best?

Top 10 Cashew Nut Producing States in India

  • Maharashtra: Maharashtra ranks on top in terms of cashew nut production.
  • Andhra Pradesh: 184 hectares of land is dedicated in Andhra Pradesh for cashew nut production.
  • Odisha:
  • Kerala:
  • Karnataka:
  • Tamil Nadu:
  • Goa:
  • West Bengal:
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Is the cashew processing business profitable in India?

In India, the processing of cashew is done manually and is a highly labor-intensive process. The cashew processing business is considered highly unorganized and a bit scattered. Hence, if carried properly, the business can promise good profits. Women constitute almost 90 percent of the labor force in the cashew industry.

What is the size of the Indian cashew market?

As the cashew market in India is export-oriented, there is an immense opportunity for growth of the market. In India, cashew is cultivated on a total of 1.02 million hectare of land, with a productivity of 706 kg/ha as of 2018. The major cashew growing Indian states are Maharashtra, Andhra Pradesh, Orissa, Kerala, and Karnataka.

How will the extended lockdown affect the Indian cashew market?

The extended lockdown has hit consumption in India as well as demand. The Cashew Export Promotion Council of India (CEPCI) has urged the Union Government to allocate sufficient funds and put forward a few schemes to increase the production of cashews in the country; this initiative is expected to drive the cashew market.

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How has covid-19 impacted the Indian cashew nut market?

Globally, India witnesses the largest consumption of cashew. However, due to COVID-19, the price of cashew fell to the lowest it has been in the last 10-12 years. The value addition activities were affected negatively as a disrupted distribution channel tends to lower the value of end-products of cashew nuts in the market.