| dc.description.abstract |
Cashew is an important commodity traded across the continents and the
world cashew industry is the livelihood of more than three million people
worldwide, the majority of whom are womenfolk from the socially and
economically backward community of the developing nations. Cashew tree
was originally planted to prevent soil erosion and it was during the beginning
of the 19th century that cashew kernels attained the status of a food item.
Further, the cashew kernels attained the status of an international commodity
with India exporting its first consignment of cashew kernels to U.S.A. in 1920.
India was the first country to hit the world market with cashew as a
commodity and it was she who pioneered cashew processing as an industry.
For decades together India was enjoying a monopoly in the world cashew
industry in the fields of raw nut production (cultivation), processing and the
market share in the international trade. The liberalisation of international trade
has brought in a big transition in the world of cashew. India started to benefit
from the trade policy, that improved her supply positions of raw nuts from
other producing countries, accelerated her growth in processing of raw nuts
and exports of cashew kernels. On the other side, her domestic consumption
started growing up that by the beginning of the new century, she emerged out
as the world’s largest consumer of cashew kernels as well. |
en_US |