New Delhi, Dec 30 (PTI) Bamboo is a natural product that can benefit many industries and it is high time the country uses it to its full potential, Niti Aayog Vice Chairman Rajiv Kumar said on Thursday.

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Kumar while addressing 'National Workshop on Bamboo Development Mission' further said the need of the hour is to work on increasing the supply to meet the growing demand for bamboo and its products.

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Also speaking at the event, Union minister Jitendra Singh said India has huge reserves of bamboo, however, there is still limited knowledge about its importance across industries & sectors. It is one commodity that can suffice all human needs, Singh added.

Niti Aayog member V K Saraswat said the construction sector in India presents tremendous growth opportunities for bamboo, owing to its unique features.

He added that bamboo's versatility, as a substitute, offers a chance to protect the forests which has immense economic and business potential.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)