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Bamboo Industry- Trade and Commerce with special reference to Jharkhand State.

Shailee Upadhayaya* & Ashok Kumar Nagb
aSchool of Management Studies, Dr. Shyama Prasad Mukherjee University, Ranchi, Jharkhand, India.
bUniversity Department of Botany, Dr. Shyama Prasad Mukherjee University, Ranchi, Jharkhand, India.
Received : 19th July, 2022 ; Revised : 19th August, 2022

Abstract– Bamboo is a tree-like grass belonging to the Poaceae family. Bamboo is a renewable resource that serves a variety of functions, produces a high yield, and has significant economic worth. Its roots produce more oxygen than equivalent strands of trees, lower light intensity, protect against ultraviolet rays, sequester CO2, and are an important atmospheric and soil purifier. They can also reduce soil erosion by up to 75%. Since the beginning of time, bamboo has played a significant role in our economy and is an essential part of our culture and way of life, particularly in the countryside. Given its many applications and adaptability, it is also frequently referred to as “Green gold” and “Poor man’s timber”. With 4.5 lakh hectares under bamboo cultivation, Jharkhand ranked 13th among Indian states in 2017 and had a stock of 25.2 lakh tonnes, or 1.3% of the Nation’s total stock. It is discovered that Bamboo products posses a large potential domestic market base; further, an even larger export market. It is estimated that India is the second-largest country in the world with ~ 40% of the total bamboo forest area after China. In Ranchi, the most prevalent bamboo species in Jharkhand include Bambusa bambos, B. nutans, B. tulda, and Dendrocalamus strictus, which may be found in both woods and residential areas. According to International Bamboo and Rattan Organization (INBAR), there are more than 10,000 documented uses of bamboo globally, and both the use and trade are likely to grow at a faster pace. This paper describes bamboo industry and cultivation in Jharkhand. Additionally, it tells about varieties of bamboo made products which are traded to other states of India. It also throws light on market potential of bamboo industry in Jharkhand

Key words: Bamboo industry, resources, commercial uses, trade

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