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Import Duty On Bamboo Sticks Increased From 10% To 25%

  • 21 Jul 2020

  • The Central Government has increased import duty on bamboo sticks from 10% to 25%.
  • The decision assumes great significance as heavy import of bamboo sticks from China and Vietnam caused huge employment loss in India. This decision will pave the way for setting up of new agarbatti stick manufacturing units to meet the ever-growing demand of Agarbatti in India.
  • While 136 varieties of bamboo are found in India; the BambusaTulda variety, which is used for making agarbatti sticks, is found in abundance in the North eastern region.
  • The KVIC has also launched a bamboo plantation drive to make India self-sufficient to meet the growing demand of bamboo in the next 3-4 years.