The project report for Bamboo Handicraft Shop is as follows.

The ‘bamboo,’ also known as the timber of poor man, is among the most essential forest species with widespread reach all throughout the nation, and also has the chance to generate a significant contribution to India’s rural economy.

In India, the handicraft market for bamboo and cane is primarily focused in the North-East and East region of the country. The total market for bamboo products is broadly categorized into two areas, which include traditional markets and emerging products.

The bamboo and cane craft manufacturing sector in India is expected at INR 3,910 Crores in 2016 and is predicted to grow at a CAGR of 12 per cent in 2016-2021. The market is controlled mainly by increasing demand in India for environment-friendly materials as well as several government programs to support bamboo-based industries.  

Approximately a third of Tripura’s total surface is surrounded by bamboo, and it has emerged as an essential driving force for the state’s development of the industry.

Currently, the company is restricted to purchase Handicrafts from Manufacturing Units (SHGs, individuals, etc.) and Retailing & Wholesaling those thru the e-commerce website, social media channels, and physical exchanges. That being said, the business set to expand training programs around craftsmanship all within a short period of time, to encourage young & educated person to join the bamboo sector. The business also intends to add its business toward Bamboo Cultivation in the long run.