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They are running more than 30 Cashew Processing Factories in Kerala state. Government of Kerala has chartered a vessel between Vallarpadam Terminal and Kollam Port by signing into an agreement with Indian Rare Earths Limited (IREL), Kerala State Cashew Development Corporation, Kerala Minerals and Metals Ltd and various other cashew importers ...
India is on top nowadays in exporting cashew kernels and cashew nut shell liquid (CNSL). Foreign exchange earned by the country through export of cashew kernels during 2011–12 touched Rs.4,390 crore as per statistics of Cashew Export Promotion Council of India. 1.31 lakh tonnes of kernel were exported during 2011–12; 80% of India's export quality cashew kernels are prepared in Kollam. [8]
[3] 131,000 tonnes (129,000 long tons; 144,000 short tons) of kernels were exported during 2011–12. 90% of these export quality cashew kernels are prepared in Kollam. [4] and the Kerala State Cashew Development Corporation Limited work in Kollam city to promote exports of cashew kernels and cashew nut shell liquid from India. They also ...
There are several cashew-processing units in the district. The Kerala State Cashew Development Corporation Ltd., a Government of Kerala undertaking, has its headquarters in Kollam and serves as a model agency for the cashew-processing industry. The corporation has 30 cashew factories and employs more than 20,000 workers.
It is a center of the cashew industry in the area, [2] [3] and is also a hub of automobile production. National Highway 744 passes through Killikolloor. It is served by Kilikollur railway station , a stop for trains to and from Kollam , Paravur , Punalur , Thiruvananthapuram , Kanyakumari , Ernakulam , and Guruvayur .
CAPEX, also known as the Kerala State Cashew Workers Apex Industrial Co-operative Society, is an organization managed by the government of Kerala to promote the cashew industry and especially the export market for cashews.
According to Kerala's state industrial department, the PSUs had a combined net profit of ₹ 106.91 crore in 2017-2018; there were total 42 PSUs. [9] In 2018–19, 17 PSUs had registered operational profit, according to the state industrial department. [ 10 ]
The Cashew business in Kollam is based in the eponymous city, which is known as the Cashew Capital of the World. [1] Kollam is the largest processed cashew exporter in the world. As of 2011 there were more than 600 cashew processing units in the city. About 800,000 tonnes of raw cashews are imported to the city for processing every year.