Cluster Development

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IL&FS Initiatives in this Sector

Tripura Bamboo Mission Award Note



 
 
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While bamboo based economic activities are playing an important role in the economy of Tripura, their potential is significantly greater. The bamboo sector has been handled in the artisan mode rather than being approached as an industry. Thus, the large potential of the bamboo based industry in terms of wealth creation and employment opportunities remains unexploited. The estimated value of the bamboo industry market in Tripura is Rs.70.00 crores per annum and with appropriate sectoral intervention, it has potential to grow up to Rs.400 crores per annum in next five years



The Govt. of Tripura has, therefore, decided to adopt a mission approach for holistic development of the bamboo sector. This would be a market-driven approach with a mechanism to connect the whole value chain from the raw material to finished product and finally to the end user market with thrust on areas such as handicrafts, industrial products and utility items. Tripura Bamboo Mission, launched for a period of 3 years, is expected to Double output from the sector in turnover terms and double employment opportunities in the sector. This would also lay the foundation for scaling up the initiative in other states and to play an important role in the proposed National Bamboo Mission worth Rs. 5000 million

The scope of services to be provided by IL&FS would include preparation of an integrated Mission Action Plan, Mobilisation of funds from various stakeholders for implementation of the Action Plan, Implementation of the Action Plan

The project would allow IL&FS to play the role of a coordinator with various stakeholders, many of them proposed to be international agencies. The project is another example of cluster development initiative on commercially sustainable PPP format

Projected Mission impact is summarized in the table below

INDICATORS CATEGORY TURNOVER
(Rs. Crore)
EMPLOYMENT
Exist-ing Incre-mental Cumu-lative Incremental
1 STICKS        
  Incense 12.60 13.11 25.71 2,850
  Blinds   3.60 3.60 100
  Fine Stick Mats 0.30 0.30 0.60 --
  Flooring   1.02 1.02 30
2 MATS   10.50 10.50 3,800
3 FURNITURE   3.12 3.12 350
4 HANDICRAFTS        
  Utility 15.00 15.00 30.00 80
5 INDUSTRIAL        
  Gassifier   0.50 0.50 10
  Charcoal   0.30 0.30 24
6 BAMBOO SHOOTS   0.50 0.50 75
TOTAL 27.90 47.95 75.85 7,319



 
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