Bamboo Industry has Potential to be Worth Rs.30000 Crore: Nitin Gadkari

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

In his address, Shri Gadkari said that there is a need to increase the demand for bamboo. He said that bamboo has potential to be used as an alternative to coal and can also be used in construction. Shri 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.

Shri 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 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 use and requirement of bamboo will lead to increase in its plantation. He said that bamboo can also be used to make bio-CNG and charcoal and IITs can be roped in to conduct further research on this with help of special grants from Bamboo Mission.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

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