Thursday, March 20, 2008

India To Gain On Global Cashew Shortage

Ullal: The reported shortage in production of cashew in Brazil and Vietnam should augur well for the Indian cashew sector; and there will be good demand for the commodity this year, according to K. Prakash Rao, President of the Karnataka Cashew Manufacturers’ Association (KCMA).

Speaking on the sidelines of “Cashew Field Day” at the Agricultural Research Station at Ullal in Mangalore taluk on Tuesday, he said shortage in cashew production had been reported from Brazil and in some pockets in Vietnam. This would boost the demand for Indian cashew this year, he said.

Stressing the need for improving productivity in cashew plantations, he said high-density planting helped Vietnam to register growth in productivity of cashew. Vietnam, which produced around 25,000 tonnes of cashew a few years ago, is now producing nearly four lakh tonnes.

While the productivity level in India is around 650 kg per hectare, it stands at nearly 2,000 kg per hectare in Vietnam. It is said Vietnam now wants to increase productivity of cashew to 4,000 kg per hectare.

He said the Cashew Export Promotion Council of India (CEPCI) in its “Vision 2020” plan envisaged increasing the production of cashew in India to 18 lakh tonnes per year from the present five lakh tonnes. However, the growth shown in production and consumption in the past one year indicate that this number is likely to increase. With the boom in retail sector, the domestic consumption of cashew is also increasing every year.

Inaugurating the “cashew field day”, S.D. Sampath Samrajya, Member of the Board of Regents of University of Agricultural Sciences, Bangalore, said proper irrigation to the crop would help increase its yield by 50 to 60 per cent. He urged farmers to adapt good farm management practices.

Dr. G. Eshwarappa, Director (Extension), University of Agricultural Sciences, was present on the occasion.

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