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CASHEW NUTS FROM INDIA HEAD TO MARKETS IN QATAR, MALAYSIA, US, BANGLADESH
The Business Guardian
|November 26, 2023
The Agricultural and Processed Food Products Development Authority (APEDA) orchestrated a significant initiative to propel India's cashew industry forward. The body on Thursday celebrated the National Cashew Day.
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According to a statement by The Ministry of Commerce and Industry, this milestone event witnessed the flagging off of cashew nut shipments to strategic destinations, including Bangladesh, Qatar, Malaysia, and the USA, aiming to fortify India's standing as a major global cashew exporter.
India, holds the second-largest share in the world's cashew nut production and export and plays a pivotal role in meeting the growing global demand for this nutritious and versatile commodity.
APEDA, under the Union Ministry of Commerce has been actively working to foster collaborations, explore new markets, and tackle challenges faced by the cashew industry.
After Cote d'Ivoire, India is as the second-largest producer and exporter of cashew nuts, contributing over 15 per cent to the global market.
The country's top export destinations include the UAE, the Netherlands, Japan, and Saudi Arabia. Key cashew-producing states in India, such as Maharashtra, Andhra Pradesh, Odisha, Karnataka, and Tamil Nadu, actively contribute to the nation's cashew production.
Denne historien er fra November 26, 2023-utgaven av The Business Guardian.
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