All factories under the Kerala State Cashew Development Corporation (KSCDC) will reopen on May 27 and the corporation will induct 500 more workers shortly.
Many processing units in the cashew sector have remained shut for the past few months and the KSCDC factories are opening after a four-month break. “The delay in getting raw cashew nut (RCN) from foreign countries was the reason for the closing. The dip in RCN availability in domestic and international markets due to climate change had triggered the crisis,” said S. Jayamohan, chairman, KSCDC.
Though the government had taken measures to procure the required volume of raw material, the disruption of cargo movement through the port of Colombo due to the internal crisis in Sri Lanka turned out to be an issue.
