The cashew tree (Anacardium occidentale) is a tropical evergreen tree that produces the cashew nut and the cashew apple. It can grow as high as 14 metres (46 ft), but the dwarf cashew, growing up to 6 metres (20 ft), has proved more profitable, with earlier maturity and higher yields. The cashew nut is served as a snack or used in recipes, like other nuts, although it is actually a seed. The cashew apple is a fruit, whose pulp can be processed into a sweet, astringent fruit drink or distilled into liqueur. The shell of the cashew nut yields derivatives that can be used in many applications from lubricants to paints, and other parts of the tree have traditionally been used for snake-bites and other folk remedies. Health Benefits of the Cashew Nut: Prevents Cancer, Healthy Heart, Lowers High Blood Pressure, Healthy Bones, Helps in Weight Loss Anti-oxidants etc. Cashew nut was brought to India primarily as a soil conservation crop. Slowly India realized the commercial relevance of the nut and emerged as the largest producer of cashew. India plays a major role in the international trade on cashew nuts and kernels. The production of cashew nut is very low as compared to its increasing demand in India. Indian cashew is known for its quality, appearance and taste in the international market. India is the largest producer and exporter of cashew kernels in the world. Over 65 per cent of the world export of cashew kernels is accounted for by India. Indian cashews are consumed in as many as 60 countries all over the world. Thus, due to demand it is a good project for entrepreneurs to invest.
Few major players are as under:
Kerala State Cashew Devp. Corpn. Ltd.
Mac Industries Ltd.
Moolchand Exports Ltd.
Olam Exports (India) Ltd.
Padmavathi Cashews & Coffee Ltd.
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