From Binh Phuoc-Kollam-Goa-Mangalore, The Future of Cashew is Moving towards North Eastern Region of India

This entry was posted on Sunday, March 17th, 2019 and is filed under Cashew.

At present, the production cost up to tin filling is said to be below ₹12/kilo in Assam, Meghalaya, WestBengal, Eastern UP and Bihar. Per capita income in these states is only one-third of the average of Kerala, Goa and Karnataka!

Complete mechanization is still not an answer to this problem;
It needs extra investment, additional interest and more depreciation.
So after full mechanization, the approximate cost might come down from ₹30/kilo to ₹15/kilo/ in Goa-Mangalore ‘but with the burden of over investment’.

The labor cost of Binh Phuoc may surpass Goa-Mangalore in next two years.

Therefore cashew industry will move towards the labor-cheap region! i.e, ‘NORTHEAST OF INDIA’ just like water which always flows downwards. However, it will remain in India because of domestic consumption.

Filed Under: Cashew