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Second Covid-19 wave dampens the spirits of cashew sector
The next wave of Covid has dampened the spirits of the cashew processing sector, which was hunting ahead to a superior 20201 soon after being battered by the first wave final year. Highlighting the craze in use, K Prakash Rao, Spouse at the Mangaluru-based Kalbavi Cashews and previous Chairman of the Mangaluru chapter of CII, advised BusinessLine that the demand for dry fruits experienced absent up across the environment article-first Covid wave. “We have to presume that men and women are hunting to eat balanced things, probably with an eye on boosting immunity. The use for almonds and cashews is really developing incredibly rapid,” he explained, introducing that Europe has…
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Expert seeks cashew area expansion in Karnataka
Farmers in simple land areas of Karnataka can think of taking up cultivation of cashew as a professional crop, according to TR Guruprasad, a cashew scientist. Talking at a webinar on ‘Modern cashew cultivation practices’, organised by the Krishi Vijnan Kendra of Kolar in Karnataka on Friday, he stated that all-around a single lakh hectares of simple land areas in distinctive districts of Karnataka can be applied for cashew cultivation. Farmers in districts this kind of as Kolar, Chikkaballapura, Tumakuru, Mysuru, Mandya, and Chitradurga can think of taking up cultivation of cashew as a professional crop, he stated. Also study: Why growers of plantation crops want weather-based mostly insurance The…
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Odisha brings more areas under cashew cultivation
Urging the cashew-expanding states in the state to focus their attention on rising the production and productivity of cashew, the Directorate of Cashewnut and Cocoa Progress (DCCD) has lauded the attempts of Odisha govt in far more spots less than cashew crop in that condition. Talking at a electronic seminar on ‘Making Karnataka the cashew hub of India’, organised by the Mangaluru chapter of CII (Confederation of Indian Business), Venkatesh N Hubballi, Director of DCCD, explained Odisha is bringing around ten,000 hectares of space less than cashew crop each individual 12 months. Odisha has covered around 20,000 ha this 12 months alone, although this is the most vital 12 months…
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Karnataka cashew manufacturers body seeks support policy
The Karnataka Cashew Manufacturers’ Affiliation (KCMA) has urged the Federal government to occur out with a very well-intended cashew coverage to make the Point out the cashew hub of the country. At a digital seminar on ‘Making Karnataka the cashew hub of India’, organised by the Mangaluru chapter of CII , Subraya Pai, president of KCMA, said Karnataka can surely come to be a cashew hub and generate plentiful work to rural ladies and improve the socio-financial affliction, if the sector receives a very well-intended cashew coverage. “We will lead to the Aatma Nirbhar Bharat by planting a lot more saplings and striving to realize self-sufficiency in raw cashew nuts.…
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Covid-19 fallout: Cashew exports in both quantity and value, take a hit in Q1
Kochi, July six The Covid-19 pandemic has taken a toll on India’s cashew exports with a forty one for each cent drop in amount and 38 for each cent in benefit in the initially quarter of the latest fiscal, when compared to the corresponding interval of the preceding 12 months. Exporters attribute the dismal effectiveness to the lockdown that hindered the functions of numerous cashew factories, hitting abroad shipments and domestic income. Even so, the growing retail income primarily in the US and the EU marketplaces on increased snacking in May and June have brought some cheer to the sector, witnessing slight enhancements in export figures. “There are some positive…
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Indian cashew sectors worries as coronavirus in China affects Vietnam
The coronavirus outbreak in China may well not have straight impacted the domestic cashew market in India. Even so, its impact on Vietnam’s cashew trade is a stressing aspect for cashew brands in India. Whilst the costs of uncooked cashew nuts (RCNs) are coming down in the world wide market, the substantial inventory of RCNs that Indian brands purchased at better costs is a cause for worry. Highlighting the impact of corona outbreak on Vietnam’s cashew sector, K Prakash Rao, Chairman of the Mangaluru chapter of the Confederation of Indian Field (CII) and a cashew maker, informed BusinessLine that twenty-22 for each cent of the Vietnamese cashews were being eaten…
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