Study on Issues and Challenges involved in the Export of Cashew and its products with reference to Fernandes Brothers Mangaluru

Registration ID: IJNRD_183121

Published ID: IJNRD2209149

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Ashel Jane Sharon Rebello

export, cashew, raw materials, exchange rate fluctuations, infrastructure, domestic trade, foreign trade

he purpose of this research is to study the issues and challenges which are involved in the export of cashew and its products with reference to Fernandes Brothers, Mangaluru. Cashew is one of the most important dollar earning crops of the country. In the beginning cashew was mainly considered as a crop for afforestation. As it can adapt to varied agro climatic conditions, it has become a crop of high economy and commercial value. The cultivation and marketing of cashew nut involve a considerable amount of manpower and hence play a vital role in the economic activities in India. However, in recent years the owners of the cashew nut growers are unable to obtain optimum yield and return. The coastal states of India are the main cashew producers. Though the production flourishes both in domestic and foreign trade, the problems associated with its cultivation, domestic and export marketing do not permit the growers to reap optimum return and traders do not get reasonable profit. In India, large numbers of middlemen are involved in domestic and export marketing of cashew nut. Further in the recent past, the export price of cashew nut is widely fluctuated due to changes in foreign market. The quantity of export of cashew kernel had registered a growth of 5.71% per annum. This was made possible both due to increased export to countries of import and changes in composition of India's cashew kernel exports to various destinations. The Indian Cashew industry provides employment to more than 5 lakh people both directly and indirectly, particularly in the rural areas and it thus plays a very vital role in the economy. Today nuts constitute an important part of diet in several countries of the world. In Indian cashew processing factories, over 95% of the workers are women. The total export earnings from export of cashew kernel and cashew nut shell liquid has increased from 447.80 crores in 1990–91 to 4390.68 crores in 2011–12. India is facing tough competition from Vietnam and Brazil in the exports of Cashew Kernels.

Published Paper   E-Certificate

Ashel Jane Sharon Rebello (September-2022). Study on Issues and Challenges involved in the Export of Cashew and its products with reference to Fernandes Brothers Mangaluru. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 7(9), 1270-1294. https://ijnrd.org/papers/IJNRD2209149.pdf

Volume 7 Issue 9, September-2022

Pages : 1270-1294

Paper Reg. ID: IJNRD_183121

Published Paper Id: IJNRD2209149

Downloads: 000122006

Research Area: Commerce

Author Type: Indian Author

Country: Dakshina Kannada, Karnataka, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2209149.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2209149

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

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