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Known for its sugarcane, Mauritius has also starting farming the more challenging vanilla crop.
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Scooped by Graham Watson |
Scoop.it!
Graham Watson's insight:
An interesting look at the growth of the vanilla industry on the island of Mauritius, which started by looking at the long leadtime - it takes 5 years before a vanilla orchid starts bearing vanilla pods.
However, vanilla is a luxury good, and as a consequence, it will account for a higher proportion of global income over time, especially when its added to rum, another luxury good. However, the development of both markets could potentially enhance development.
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