In recent times fibre from bamboo has also been used in making yarn and fabrics. Several spinning mills use 100 per cent bamboo yarn and companies like Raymond, BSL, Paramount Textile Mills, Madurai have already made fabrics out of bamboo.
The Planning Commission has estimated that the bamboo industry can provide 8.6 million new jobs, create a market size worth Rs 6,500 crore with an investment of Rs 2,600 crore and lift about five million artisan families out of poverty.
Though the government launched the National Mission on Bamboo Applications (NMBA) in November 2004 and the National Bamboo Mission (NBM) in December 2006, the use of bamboo is still to be optimised.
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