The Odisha State Cashew Development Corporation Ltd. was incorporated under The Companies Act, 1956 on 6th April, 1979 for development of cashew in the State of Odisha. The main objective is to give thrust on development of cashew plantation and strengthen the economy of the State by commercially exploiting cashew crop in the State.
The main objectives of the Odisha State Cashew Development Corporation Ltd. as per its Memorandum & Articles of Association are as follows. To develop land and raise cashew plantations and other suitable species in the State of Odisha for the purpose of development of the State.
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