A Complete Guide on Venturing into Bamboo Plantation and its Utilization
The bamboo is a flowering and evergreen plant belonging to the grass family. These are considered to be the fastest-growing plants in the world. It is also believed that there are more than 1400 species of bamboo all around the world. Bamboo also has cultural importance; it’s being used as a symbol of uprightness by the Chinese and the friendship by the Indian community. It is estimated that the annual turnover from a bamboo plantation in India is 9,000 crores of rupees. The demand for bamboo is expected to increase in the future. Bamboo investment tends to have a promising future in a world where the priority concerns are environmental enhancement and forest protection. The increasing demand for raw material by developing bamboo industries is a sign that a good amount of money can be made from growing bamboo. Moreover, the best part of investing in the bamboo industry is it only needs to be planted once and it can be selectively harvested for over 50 years, and for the same beginning investment, profits can be made on a longer period.
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Things to Consider Before Entering Into Bamboo Plantation.
- Soil Condition – First and major step to notice is the soil, check if the soil is right for the growth of bamboo. Although bamboo has the quality of growing in any type of soil you should not forget that it requires loamy soil as it is mostly moist and drains the water not so easily like sandy soil. The soil for the bamboo should be rich in certain organic nutrients, light in structure, and should allow circulation of air.
- Market – After you have decided to venture into bamboo farming it’s essential to know the market and its trend is very important. The global market of bamboo was valued at USD 68.8 billion in 2018 and is predictable to grow at a CAGR of 0.5% from 2019 to 2025. As per the research done by NPCS, they have found out that growing investments are focused on infrastructure development, increasing consumer awareness regarding the use and benefits of bamboo, and the use of construction resources are the reasons to drive the market growth in upcoming years.
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- Make The Business plan – Before starting anything it’s important to have a plan for it to keep it growing when you have a plan; you can achieve your goal into smaller goals, by doing so you will stick to your initial plan no matter the shortcomings.
4) Site Selection – Bamboo plantation needs a large area of land unlike agriculture business the reason being it is mostly done for commercial purposes. While selecting the site one of the important things to consider is to see the climate condition of that place.
5) Propagation – Bamboo trees can be propagated through the culms cuttings and seeds, but the seeds are very rarely available. The size of the pits for bamboo plantation must be dug 60*60 d and for the nursery-raised seedlings it’s important to be planted at a space of 5*4 meter. The number of bamboo plants that can be planted in 1-acre land is approx. 200.
6) Weed and Pest Control – The effective management in the farm is the major way of controlling plant enemies such as pests and weeds. It is necessary to control weeds in bamboo as they can cause limitation to the growth of the bamboo trees and can damage the plant completely.
Conclusion
The bamboo tree is one of those plants that can provide lucrative business opportunities and gradually, it is also becoming one of the major raw materials for the global markets and construction industry. If you want to get in-depth knowledge of bamboo farming and its business then get your hands on our book “Bamboo plantation and utilization handbook” to get all the details regarding cultivation, harvesting, growth management, bamboo products, and a lot more.
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