Woodworking Industry is one of the fastest growing industries in India's economy. According to a study by the World Bank, India's organized furniture industry is expected to grow 20% per annum over the next few years. This is driven by demand for wood panels, mainly for new housing construction (90% of the total demand) and the remaining (10%) from renovation activity. India also possesses around 100,000 registered wood ware units and more than 200,000 artisans along with countless other woodworking related units in the sector. Also Wood has always been a major part of Indian handicrafts and various beautiful things are crafted out of it.