A Study on Growth and Performance of Cashew Nut Production in Tamil Nadu

Abstract

The cashew processing industry benefits growers, dealers, distributors, processors, supermarkets, and retailers. Processing cashews has always been a labour-intensive business. They employ a significant number of rural women. The sector is classified as "traditional" because it contains a large number of traditional businesses. Minimal technology is used in the preparation of cashew nuts. India is a large country with a sizable population. The cashew processing industry has a competitive advantage in cashew nut manufacturing and processing. There is a lot of opportunity for entrepreneurs. Despite the fact that the industry has significant growth potential, it faces numerous challengesdue to global competition from other countries and a range of other factors. Problems. Despite the fact that entrepreneurs must invest significant amounts of money as working capital, they do not have access to quick loans in order to run their businesses properly. Because the market for finished goods has grown so much, a drop in pricing results in significant losses for the entrepreneurs. Some of the strategies for increasing cashew production and productivity include the development of compact and dwarf high yielding cashew varieties suitable for high density plantation, a massive replanting programme to replace senile and unprofitable orchards, the development of cost-effective cashew production technologies, and increasing productivity through the adoption of improved cashew production technologies.