CEPCI | |
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![]() CEPCI Headquarters in Kollam city |
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Agency overview | |
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Formed | 12 September 1974 |
Jurisdiction | Government of Kerala |
Headquarters |
Mundakkal, Kollam, India 8°52′42″N 76°35′43″E / 8.878204°N 76.595194°ECoordinates: 8°52′42″N 76°35′43″E / 8.878204°N 76.595194°E |
Minister responsible | |
Agency executives |
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Parent agency | Department of Commerce, Government of India |
Website | www |
The Cashew Export Promotion Council of India or CEPC or CEPCI was established by the Government of India in 1955, with the active cooperation of the cashew industry with the object of promoting exports of cashew kernels and cashew nut shell liquid from India. It is headquartered in Mundakkal in the city of Kollam, Kerala. The Council serves as an intermediary between importers of cashew kernels and exporters who are members of the council. The council is also supposed to deal with any disputes on exports or imports arising on account of quality standards, breach of contractual obligations, etc. It undertakes numerous activities, such as organizing global buyer-seller meets, organizing studies on the nutritional aspects of cashew and providing support to cashew processors and exporters for improving infrastructure.
In 2013–14, India exported 113,620 metric tonnes of cashew shipments which also constituted 9226 metric tonnes of cashew nut shell liquid (CNSL), generating revenues US$825.89 million and US$6.18 million respectively. Cashew Export Promotion Council of India have offices in Kollam, Kochi and Mangalore. There are 238 registered cashew exporters in Cashew Export Promotion Council of India as members. In that, more than 200 exporters are based in Kollam. An examination of the records show that Kilikollur, a suburb of Kollam city, had the most cashew processing factories.
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.United States of America (USA) is the biggest importer of cashew kernel from India (47,611 tonnes during 2011-12 for a cost of Rs.1,470.47 crore). They are the biggest importer of CNSL from India. United Arab Emirates (UAE) stood second in kernel import (14,173 tonnes during 2011-12 for a cost of Rs.606.11 crore). Other major importers were Netherlands, Japan, Saudi, Spain, Germany, Belgium, Singapore, Italy, Greece, Australia, Kuwait, Egypt, Turkey, Jordan, Canada, Thailand, Russia, Norway, Syria, and Hong Kong. CEPCI is expecting a rise in export, i.e. 275,000 tonnes by 2020, a growth of 120 per cent over the present exports.