TREND ANALYSIS OF CASHEWNUT AREA AND PRODUCTION IN INDIA

Abstract

Cashew plays a vibrant position among the traditional crops like coffee, pepper, cardamom etc. From these traditional crops cashew stands as a royal crop and it is referred to as goldmine of waste land. Cashew is also considered as wonder nut, as it is one of the most valuable processed nuts traded on the global commodity markets. The trend analysis of cashewnut area and production in India is taken for the present study. This study reveals that India’s cashewnut production is comparatively significant on the basis of the R2 and co-efficient values. Hence, there has been a steady increase in the production of cashew nut in India. India can reclaim the first place in cashew nut trade soon, provided the Indian government pays more attention to cashew nut cultivation, marketing activities, export promotional activities and minimum support price to farmers.