By:-Vikas D Nahar, Founder, Happilo
The 2026 Union Budget has delivered a masterstroke for the dry fruit sector, designating cashew production as a primary growth engine to disrupt the global trade.
With a strategic focus on the entire value chain, the government aims to challenge Vietnam’s 50%+ global export dominance and transform India into a premium global brand by 2030.
Key Benefits:
Sustaining Margins: By incentivizing domestic cultivation, the budget slashes reliance on costly raw material imports, significantly improving bottom-line margins for agri-processing players and FMCG firms.
Raw to Refined: A massive push for local processing infrastructure ensures value-added margins, pivoting the nation from a bulk supplier to a high-value exporter.
Rural Growth: This “Cashew Kartavya” initiative is set to revitalize rural economies, boosting farmer incomes and driving consumptions.
