Swasti Cashew Industries
That is where it began — not in a boardroom, but on a factory floor, with a chemistry graduate's conviction and a merchant family's century of knowledge.
Today, Swasti Cashew Industries Private Limited enters its Platinum Jubilee year — 75 years since incorporation, and more than 130 years since Shri Sujir Ramachandra Nayak first traded in the produces of coastal Karnataka from Bunder, Mangaluru. We are a Mangaluru-based company with deep roots in the cashew industry — operating commercial warehousing facilities at Konchady and bringing decades of accumulated CNSL expertise to the market. Heritage, trust, and continuity are not words we use lightly. They are the record.
Located in Mangaluru (Mangalore) on the West Coast of India, we remain intertwined with the Indian cashew industry and Karnataka’s storied trading heritage. Visitors and buyers find us at the heart of the region’s commercial activity.
Shri Sujir Ramachandra Nayak establishes the family merchant business in Mangaluru — wholesale trade in sugar, grains, coffee, pepper and cashewnuts.
Shri Sujir Damodar Nayak graduates B.Sc. Chemistry, Royal Institute of Science, Bombay University.
SDN starts cashew processing: "sometime in 1941, I started it with some 8 bags to start with for daily processing."
Swasti Produce Co. Ltd. incorporated by Shri Sujir Pundalik Nayak — the family's original commercial entity.
Swasti Cashew Industries Private Limited incorporated, 28 January 1952. Cashew business carved out from the family enterprise. Cardol Corporation merged in at founding. First Board meeting, 6 February 1952. Konchady (Padavinangady) factory commissioned. Quilon expansion: four Kerala factories acquired.
Mangalore Cashew Manufacturers' Association founded. Swasti a founding subscriber. SDN and H.R. Kamath both sign as founding members — a rare distinction. SDN becomes inaugural Secretary.
SDN serves as Committee Member, Kanara Chamber of Commerce and Industry, Bunder, Mangaluru — through which he is nominated as Trustee of the Mangalore Port Trust.
Peak year: total sales exceed Rs. 1 crore. Export sales Rs. 1,02,56,343. Workforce: 3,500. SWASTICO known in markets from New York to Genoa.
30,424 cases of cashew kernels + 406 tons of CNSL exported to 20+ global ports in 1957. Japan market opened. Exports to Odessa, USSR begin.
CEPC selects SDN as one of two national delegates for India's cashew trade mission to the Far East. SDN travels to Thailand, Singapore, Japan and Europe. Annual turnover Rs. 30 lakhs. Third-largest coffee exporter in India.
Cashew kernel processing concludes after nearly three decades. CNSL operations continue. Factory at Konchady transitions to warehousing.
Shri Sujir Damodar Nayak passes away. Smt. Mohini D. Nayak takes over company operations. Warehousing and CNSL activities continue.
Shri Kochikar Sudhakara Pai commences cashew processing at the Konchady (Padavinangady) premises.
Smt. Mohini D. Nayak passes away. Smt. Kochikar Varija Pai, SDN's daughter, takes over as Managing Director. Third generation of family stewardship begins.
Significant warehousing expansion under Shri Divakar Pai Kochikar (Executive Director) and Shri Kochikar Sudhakara Pai (Wholetime Director). Capacity nearly doubled. Multi-tenant facility established.
Shri Kochikar Sudhakara Pai becomes Managing Director; Smt. Kochikar Varija Pai becomes Wholetime Director. Shri Divakar Pai Kochikar serves as Vice-President, Kanara Chamber of Commerce and Industry — the same institution through which SDN served six decades earlier. KCMA Kaju Centennial Summit: SDN honoured posthumously.
Platinum Jubilee — 75 years of Swasti Cashew Industries Private Limited. The journey continues.