Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, Mumbai, 14 October 2025: The Maharashtra cabinet approved a new Bamboo Industry Policy-2025 aimed at transforming the state's bamboo sector. The policy aims to attract investments of Rs 50,000 crore and create over 5 lakh jobs.
As part of the initiative, 15 dedicated bamboo clusters will be developed across Maharashtra, with a strategic focus on leveraging the carbon credit market.
The five-year policy emphasizes promoting bamboo cultivation and processing industries, providing farmers with an eco-friendly and sustainable alternative to traditional cash crops. This initiative is expected to boost the state's green economy and support rural livelihoods.