Maharashtra Bamboo Promotion Foundation is a not for profit company registered under Section 8 of the Companies Act. It has been promoted by Government of Maharashtra and Tata Trusts to develop the bamboo sector.

The  Government of Maharashtra issued a Government Resolution dated 24.8.2018 for creation of a multi stake holder organisation for bamboo development. Accordingly, Foundation was registered on 5.4.2019, and commenced its varied activities since August 2019. The administrative office of the Foundation is situated in Matunga East , Mumbai.