India’s cashew industry might have to increase domestic production to over 2 million tonnes by the year 2025, as the African countries from where India imports raw cashew nuts are aiming at more localised processing.
While India has a capacity to process 2.5 MT raw cashew, at present it produces only a third of that – 700,000-800,000 tonnes – and imports a similar amount from other countries. Now, with imports increasingly coming down, cashew processors are facing a supply shortage.
"Indian processing is heavily dependent on the import of raw cashew nuts from African countries. As African nations now encourage