Forest Business Overview

Forest business includes all activities from production to distribution of forest goods and services. It embraces industry, trade, and other activities like banking, transport, insurance, and warehousing which facilitate the production and distribution of goods and services.

Forestry in India

Forestry in India is a significant rural industry and a major environmental resource. India is one of the ten most forest-rich countries of the world along with the Russian Federation, Brazil, Canada, United States of America, China, Democratic Republic of the Congo, Australia, Indonesia, and Sudan.

Forestry in India is more than just about wood and fuel. India has a thriving non-wood forest products industry, which produces latex, gums, resins, essential oils, flavors, fragrances, aroma chemicals, incense sticks, handicrafts, thatching materials, and medicinal plants. About 60% of non-wood forest products production is consumed locally.

Approximately 50% of the total revenue from the forestry industry in India comes from the non-wood forest products category. In 2002, non-wood forest products were a significant source of supplemental income to over 400 million people in India, mostly rural.

About the Book

This book deals with some of the basic principles and practices of forest business management. It has been written with a view to cover the broad syllabus prescribed on the subject in various forestry colleges, forestry training institutes, and agricultural universities in India.

This will serve as a valuable source of information for academicians in forestry colleges and institutes, as well as for undergraduate and postgraduate students preparing for competitive examinations in forestry discipline.