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Kerala State Cashew Development Corporation Limited
The Kerala State Cashew Development Corporation Limited or KSCDC is a model employer in the field of cashew industry mainly to protect the interest of workers and to provide maximum employment to its workers and to give statutory benefits like minimum wages, bonus, etc. prevailing in the cashew industry. It is headquartered in Kollam city, called "Cashew Capital of the World".〔() Kollam Cashew Organizations – KSCDC, CEPCI〕 The head office is situated at Cashew House, Mundakkal in Kollam City, Kerala. KSCDC was incorporated in July 1969 and started Commercial activities in the year 1971 as a company fully owned by the Government of Kerala.〔() KSCDC, Kollam〕 Corporation has now more than a turn over of Rs. 250 crores. A Central Export Promotion Council for Cashew, Cashew Export Promotion Council of India (CEPCI) is situated at Kollam city.〔() Cashew Industry Set to Feel the Pinch〕
==Cashew Business in Kollam==
The industry provides livelihood for about 6–7 lakhs of employees and farmers, the cashew industry has national importance. In Kollam district alone there are more than 2.5 lakhs employees directly involved in the industry, which comes about 10 per cent of the population of the district, out of which 95 per cent are women workers. Kollam is very famous for its traditional Cashew business.〔() CASHEW INDUSTRY IN KERALA
PROBLEMS AND POTENTIALS – Thesis to CUSAT〕 More than 600 Cashew Processing Units are there in Kollam. About 800,000 tonnes of raw cashews are importing to Kollam for processing every year.〔() Online Customs Clearance Facility for Kollam Port to be ready in a month〕 An average of 130,000 tonnes of processed cashews are exporting from Kollam to various countries like USA, UAE, Netherlands, Japan, Saudi Arabia, Spain, Germany, Belgium, Singapore, Italy, Greece, Australia, Kuwait, Egypt, Turkey, Jordan, Canada, Thailand, Russia, Norway, Syria, and Hong Kong every year.〔() Rise in earnings from cashew kernel exports – The Hindu〕 That is why Kollam is known as the Cashew Capital of the World.〔(Kollam, Ashtamudi Lake – great alternatives to Kochi, Vembanad Lake )〕 CEPCI is expecting a rise in export, i.e. 275,000 tonnes by 2020, a growth of 120 per cent over the present exports.〔() CEPCI – Kollam〕
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