CASHITRON Industries are one of the oldest groups in India engaged in the manufacturing of chemical products, such as Cashew Nutshell Liquid (CNSL), Cashew Nutshell Liquid Resins, Cardanol, Cashew Cake to Serve Friction, Laminates, Coatings, Paints and Epoxy Industries. Cashitron Industries is established in 1989, as a partnership firm with Founder Partner Dr. R. G. Nayak, along with other three partners namely Shri K. Keshavachar, a Civil Engineer by profession, Shri S. A. Deshpande, an Electrical Engineer by profession and Shri Manohar V. Nayak, a Businessman, with view of utilizing bio waste material, i.e. cashew nut shell, to produce many industrially useful products such as CNSL, Cashew Cake, Friction dust, CSNL resin, etc. In 2022, new partner Mrs. Soumya Kamath joined the firm as other three partners retired from the firm. Since October 2022, Dr. R. G. Nayak & Mrs. Soumya Kamath are the partners of the Cashitron Industries with 50% shares. Cashew Nut Shell Liquid (CNSL) is extracted from the cashew nut shells during the processing cashew nuts to obtain edible kernel. The firm produces cashew nut shell liquid CNSL Oil, CNSL Resin (liquid) Friction dust (CNSL solid resin) and cashew cake as by product and is a pioneer in promoting the chemicals from cashew nut waste.
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