Bamboo industry in India will be worth Rs. 25 to 30 thousand crore: Nitin Gadkari

MSME Minister Nitin Gadkari expressed hope that with integrated efforts from all stakeholders, bamboo industry in India will be worth 25 to 30 thousand crore rupees. 

He was addressing a virtual exhibition on Bamboo Technology, Products and Services through video conferencing today. 

Mr. Gadkari called for multiple Use of Bamboo to increase its demand and plantation.
 
The minister said that use of jute and coir mattresses is soon going to be made mandatory for all NHAI roads. 

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.

The Minister assured all assistance from Ministry of MSME for any scheme related to promotion of bamboo. 

The Minister said that there is need more research, more appropriate approach for product development and market support. 

He also said that he is trying to get 50 per cent subsidy from Railways for bamboo and bamboo sticks.

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