Rising cashew prices force wide spread closure of processing units in Kerala

Last Modified: Sat May 05 2018 19:28:47 GMT+0530 (India Standard Time)
  • 834
    Number of cashew processing units that operated in Kerala two years ago, with nearly 80% in Kollam district, known world over for export of cashew kernels.
  • 700
    Number of units that have been forced to shut down over last 2 years due to a 2 fold increase in the prices of kernels and 5 fold increase in the price of raw nut. With such steep increase in prices, operation of units are not financially viable.
  • 300,000
    Number of people employed by these units across the state, most of them women. Closures have meant the women have now been left without jobs.