Distinction
KCMA Centenary Documentary
Swasti Cashew Industries Private Limited is acknowledged in the centenary documentary film of the Karnataka Cashew Manufacturers Association titled The Cashew Story: 100 Years of Craftsmanship & Resilience, produced to mark a century of organised cashew processing in Mangaluru (1925–2025).
The documentary premiered at the Kaju Centennial Summit on 17 November 2025 and may be viewed on the official KCMA YouTube channel:
Watch the KCMA Centenary DocumentaryPosthumous Recognition, 2025
In 2025, the Karnataka Cashew Manufacturers' Association convened the Kaju Centennial Summit to mark a century of organised cashew manufacturing in Karnataka. Among those recognised was Shri Sujir Damodar Nayak, co-founder and Managing Director of Swasti Cashew Industries Private Limited, honoured posthumously for his lifetime contribution to the cashew industry.
Shri Sujir Damodar Nayak (1916–1989)
The award acknowledged what the archive has always shown: that SDN was not merely a successful manufacturer but an industry builder — someone who helped create the institutional and commercial foundations on which Karnataka's cashew industry stands. The recognition was received by his family, who carry the company he founded into its Platinum Jubilee year.
Mr. Sujir Damodar Nayak was a distinguished and a well-educated businessman who made remarkable contributions to the plantation and the cashew industries. Beginning his journey in 1941, with his first factory, he went on to establish Swasti Cashew Industries in 1952. At the height of his career, he successfully managed 4 factories - 2 in Quilon and 2 in Mangalore. And employing 3500 women. Mr. Nayak was the leading exporter of his time and a pioneer in the manufacturing of Cashew Nut Shell Liquid widely respected for the superior quality of his products. He was the founding Secretary of MCMA then. He served with dedication for 17 years, from 1955 to 1972 - a record of longest standing Secretary - a record which stands to this day! His meticulous work and detailed record from 1950’s remain a valuable part of our Industry’s history reflecting his vision and commitment to excellence. In most of the videos you saw today, we had the photographs given from his collection. Today, we proudly honour Mr. Sujir Damodar Nayak posthumously for his outstanding services and lasting contribution to Cashew Trade. I now invite Shri K. S. Pai, his son-in-law to kindly come forward and receive this recognition his behalf. He is also accompanied by Divakar Pai, his son.”
Roles & Recognition
Across Generations
Shri Kochikar Sudhakara Pai, the current Managing Director of Swasti Cashew Industries, served as Joint Secretary of the MCMA — now the Karnataka Cashew Manufacturers Association the same body that Shri Sujir Damodar Nayak helped found and led for seventeen years.
Shri Divakar Pai Kochikar, Executive Director, currently serves as Vice-President of the Kanara Chamber of Commerce and Industry, Bunder, Mangaluru — the same institution through which Shri Sujir Damodar Nayak served the industry six decades earlier. The family's commitment to Mangaluru's commercial life is unbroken across generations.