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HomeAgroPolicyBamboo industry in India will be worth Rs 25-30,000Cr: MSME Minister

Bamboo industry in India will be worth Rs 25-30,000Cr: MSME Minister

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Gadkari assured all assistance from the Ministry of MSME for any scheme related to the promotion of bamboo

Minister for Road Transport & Highways and Micro, Small, and Medium Enterprises, Nitin Gadkari addressed a virtual exhibition on Bamboo Technology, Products and Services through video conferencing on March 23, 2021. The exhibition was organized by the Indian Federation of Green Energy (IFGE).

Gadkari expressed hope that, with integrated efforts from all stakeholders, the bamboo industry in India will be worth 25-30 thousand crore rupees. Technologically proven, cost-effective and attractive product designing can establish and promote the use and demand of bamboo, which will encourage people to go for bamboo plantation. He assured all assistance from the Ministry of MSME for any scheme related to the promotion of bamboo. The Minister said that we need more research, more appropriate approach for product development, market support. He also said that he is trying to get 50 per cent subsidy from Railways for bamboo and bamboo sticks. He exuded confidence that by increasing the use and requirement of bamboo will lead to an increase in its plantation.

In his address, Gadkari said that there is a need to increase the demand for bamboo. He said that bamboo has the potential to be used as an alternative to coal and can also be used in construction. Gadkari said that use of jute and coir mattresses is soon going to be made mandatory for all NHAI roads. He advocated varied use of traditional materials like jute, coir and bamboo by developing them further. 

 

 

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