Cashews: India wants to increase production

September 21, 2020 at 3:56 PM , Der AUDITOR
Play report as audio

HANOI/NEW DELHI. Since India has the highest consumption of cashew nuts in the world, domestic production is to be boosted by innovative measures. Vietnam, however, is recording significant increases in exports to the USA.

Cashew cultivation to be revolutionised

As reported by Business Line, at 32% India ranks first in the world for cashew consumption, but accounts for only 20% of global raw material production. Prime Minister Modi would like to make the country's agricultural sector less dependent on foreign markets. As far as cashew processing is concerned, Vietnam is clearly in first place with a market share of 52% in 2019. India is also doing well with 39%, but is not able to cover domestic consumption on its own. As the Kalbavia Cashew Association in Mangaluru told Business

View related articles

Go to the News Overview
Nuts
Nov 1, 2024
ISTANBUL. As the candy bar Dubai chocolate has gone viral demand is up for pistachios. This has impacted supplies in Turkey.
Nuts
Oct 31, 2024
ORDU. This year’s SIAL was not quite what exporters in Turkey had in mind for hazelnuts. Price negotiations are also extremely difficult.
Nuts
Oct 30, 2024
MANILA/BANGKOK. Drought and pest infestation are causing coconut growers in Thailand a lot of trouble this season. Philippine exporters, however, are pleased with the good export figures.
Nuts
Oct 29, 2024
MADRID/SACRAMENTO. Producers are not quite as optimistic as official government bodies in Spain and California. Exports have started off well for almonds in Spain. US suppliers are urging buyers to act.