Project Report For Malabar Neem
Project report for Malabar Neem is as follows.
Malabar Neem is a tree native to India, South East Asia, and Australia, where it has been grown for firewood. It belongs to the Meliaceae family. The tree may be grown in any soil and needs very little water. Malabar Neem is a unique plant that may grow to 40 feet in two years and can be manually trimmed and collected.
This tree is well-known for its quick growth. Farmers in Karnataka, Tamil Nadu, Andhra Pradesh, and Kerala have recently discovered the value of this tree as both a low-grade timber and a highly important wood for the plywood industry. This tree may be harvested for lumber and plywood at the end of the fifth year under irrigated circumstances.
Packing cases, cigar boxes, ceiling boards, construction materials, agricultural equipment, pencils, matchboxes, splints, and Kattamarams are all made from wood. It is used for outriggers on boats in Ceylon. It can hold musical instruments, tea boxes, and plyboards. It makes excellent fuelwood (Calorific value, 5.043 – 5,176 cal.).
Market potential & Strategy
As Per ITTO analysis issued today that assesses India’s timber market dynamics through 2030, there will be a significant rise in wood consumption by 2030, worsening an existing deficit between wood output and demand and increasing the country’s dependency on wood imports.
According to the experts, despite the fact that India’s forest cover has been consistently rising for almost two decades, wood output is still much less than consumption, and an increasing share of demand is fulfilled by imports.
The report is divided into three pieces. The first examines the Indian forest sector’s progress during the previous decade, including changes in forest cover and wood producing stock.
The second section looks at advancements in India’s wood-based industry, such as international trade in Roundwood, sawnwood, plywood, fiberboard, Hopwood, pulp, and veneer.
The final component of the research forecasts demands for 2021–2030, based on expected population and income growth, wood consumption patterns, and development in key wood-based sectors. The report finishes with a discussion on how future reports might be made more accurate.
According to the analysis, demand for Roundwood in India would increase by approximately 70% over the next decade, from 57 million in 2020 to 98 million m3 in 2030, driven mostly by the construction industry.
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