On 29th Jan 2022, ICAR - NRCB has licensed and transferred an eco-friendly technology for banana fibre processing to Mrs. Anita Roy, women entrepreneur and District Trainer, PMFME scheme of Kushinagar, Uttar Pradesh. Banana is grown throughout the tropics and subtropics of the world. Despite of its huge area under cultivation and production banana generate huge volume of the biomass. According to Dr. S. Uma, Director, ICAR-NRCB after harvesting the fruit bunch, huge plant bio-waste is generated, out of which pseudostem (30-34%), flower & bracts (5%) and rhizome (12-14%) together contribute 50 per cent of the banana plant biomass. Disposing off this huge waste, roughly 60 tons per hectare is the biggest problem for farmers. Roughly, for every ton of banana fruit harvested, about 4 tons of biomass wastes (e.g., leaf, pseudo-stems, rotten fruit, peel, fruit-bunch-stem, rhizome, etc.) are produced. In India, we guesstimate that with the extractable pseudostem fiber yield of 400-600 kg fibers per hectare, 1.8 million tons of fiber could be produced which is otherwise dumped as a waste after harvesting the bunches. Dr. P. Suresh Kumar, Principal Scientist and inventor of the technology briefed that with and increasing demand on eco-friendly materials, banana fibers are now used to make garments, ropes, mats, carpets, cushions, cushion covers, bags, baskets, table cloths etc, Rugs made from banana silk yarn fibers are also very popular world over. More than 10000 crores worth of business could be generated with the banana fibre and allied products. Banana fibres could also be used as a raw material for the extraction of cellulose, synthesis of composite materials etc. Anita Roy, Entrepreneur said that the gained knowledge and technology could be used to create a sustainable comprehensive business eco-system and will upliftment the livelihood of banana growers through value addition to banana byproducts. The director assured the entrepreneur for technical support and transferred the license and gave the certificates during the meeting. ITMU officials and technical staffs of the institute were also present during the event.