Mangalore: Karnataka made significant growth in cashew imports and exports during 2007-08, constituting more than 11 per cent of the total import-export trade of the commodity.
Statistics from the New Mangalore Port show that the State exported 11,139 tonnes (10,529 tonnes) of cashew kernels, and imported 69,850 tonnes (48,901 tonnes) of raw cashew nuts during 2007-08.
The total export of cashew kernel from the country during 2007-08 stood at 1.14 lakh tonnes (1.18 lakh tonnes) and import of raw cashew stood at 6.05 lakh tonnes (5.86 lakh tonnes).
K. Prakash Rao, President of the Karnataka Cashew Manufacturers’ Association (KCMA), told Business Line that the cashew industry in Karnataka has been growing consistently at 15 to 20 per cent in the last three years in spite of the severe labour shortage in the State.
He said that export and import figures from the New Mangalore Port substantiate the claim of the processors that there has been buoyancy in the demand for cashews produced in Karnataka.
In addition to New Mangalore Port, cashew units from the State exported around 1,800 tonnes of cashew kernel and imported around 3,500 to 4,000 tonnes of raw cashew nuts through Kochi port.
“These figures account for more than 11 per cent of the total national export and import. Total cashew exports from Karnataka were hardly worth Rs 50 crore and less than 2.5 per cent of the total national exports in 1999-2000,” he said.
Cashew industry from the State exported cashew kernel worth Rs 325 crore during 2007-08, and the total value of cashew kernel exported from the country was at Rs 2,288.90 crore.
G. Giridhar Prabhu, proprietor of the Mangalore-based cashew firm Achal Industries, attributed this growth to the competitiveness of cashew units in the State and to the efficiency of New Mangalore Port in handling the cashew cargo.
On the improvement in the handling of cashew cargo, he said the Kanara Chamber of Commerce and Industry and New Mangalore Port Trust had taken initiatives to improve the movement of container cargo from the port.
Rao said that KCMA during the launch of its golden jubilee celebration in 2005 had released a vision document wherein it claimed that cashew exports from Karnataka would touch Rs 700-crore mark by 2014.
“The progress in the last two years justifies this claim and the industry is well on its way in meeting its targets,” he said.
Statistics from the New Mangalore Port show that the State exported 11,139 tonnes (10,529 tonnes) of cashew kernels, and imported 69,850 tonnes (48,901 tonnes) of raw cashew nuts during 2007-08.
The total export of cashew kernel from the country during 2007-08 stood at 1.14 lakh tonnes (1.18 lakh tonnes) and import of raw cashew stood at 6.05 lakh tonnes (5.86 lakh tonnes).
K. Prakash Rao, President of the Karnataka Cashew Manufacturers’ Association (KCMA), told Business Line that the cashew industry in Karnataka has been growing consistently at 15 to 20 per cent in the last three years in spite of the severe labour shortage in the State.
He said that export and import figures from the New Mangalore Port substantiate the claim of the processors that there has been buoyancy in the demand for cashews produced in Karnataka.
In addition to New Mangalore Port, cashew units from the State exported around 1,800 tonnes of cashew kernel and imported around 3,500 to 4,000 tonnes of raw cashew nuts through Kochi port.
“These figures account for more than 11 per cent of the total national export and import. Total cashew exports from Karnataka were hardly worth Rs 50 crore and less than 2.5 per cent of the total national exports in 1999-2000,” he said.
Cashew industry from the State exported cashew kernel worth Rs 325 crore during 2007-08, and the total value of cashew kernel exported from the country was at Rs 2,288.90 crore.
G. Giridhar Prabhu, proprietor of the Mangalore-based cashew firm Achal Industries, attributed this growth to the competitiveness of cashew units in the State and to the efficiency of New Mangalore Port in handling the cashew cargo.
On the improvement in the handling of cashew cargo, he said the Kanara Chamber of Commerce and Industry and New Mangalore Port Trust had taken initiatives to improve the movement of container cargo from the port.
Rao said that KCMA during the launch of its golden jubilee celebration in 2005 had released a vision document wherein it claimed that cashew exports from Karnataka would touch Rs 700-crore mark by 2014.
“The progress in the last two years justifies this claim and the industry is well on its way in meeting its targets,” he said.
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