Job-work Processing in Danger of Closure in India

This entry was posted on Saturday, March 16th, 2013 and is filed under Cashew.

Indian raw cashew importers may not immediately stop Job-work processing in others’ factories but this system is now teetering on the brink of collapse. If the Indian pieces-splits and lower grades market follows the global market, Indian importers can not bear the import related extra charges and ever-increasing processing expenses.

Production cost is cheapest in the African countries but this expense is more than double in the western parts of India.

However, Indians always get a bumper Diwali bonanza for 3-4 months in a year.

Filed Under: Cashew