Cashew is a cash crop that is cultivated in India and is also known as the wonder-nut.
Maharashtra is leading in cashew production with 32.3% share. In India, it is grown in the west coast, east coast and in a few plain areas in Karnataka and Madhya Pradesh.
India is the largest producer of cashew in the world with 25.52% share in world production. In India each metric ton of raw cashew seed produced and processed, yields about 230 kg (23%) of exportable grade kernels. Cashew generates employment in the processing and agrarian sector of India employing over 3 lakh persons with more than 95% of them being women.
India is the premier exporter of cashew kernels and earns a sizeable amount of foreign exchange. India is the second largest exporter after Vietnam, accounting for 34% of the world’s export of cashew kernelsCashew Exports from India
- Export earnings from cashew nut in FY20 stood at US$ 566.76 million.
- The total cashew export from April 2020 to February 2021 was US$ 379.73 million and for the month of February 2021 alone , it was US$ 37.29 million.
- India accounts for about 65% of the global cashew kernels export.
- India exports cashew kernels to over 60 countries like the US, the Netherlands, Japan, Spain, France, Germany, the UK as well as the Middle East