Poplar (P. deltoides), in India, is one of the ideal trees for integration with crop production in agroforestry and is grown in one of the most fertile agriculture land of Northwestern India. The tree supports numerous wood based industrial units with supply of wood raw material around its production locations and elsewhere. This symbiotic synergy between its land-use production systems and industrial manufacturing process is now mature and numerous economical activities are happening around the tree. This paper captures the circular economy around its nursery & plantation production and wood processing. Its nursery production is now revolutionized with mini cuttings which are made from the shoots collected from nursery grown saplings and is adding significant value with this new propagation material which earlier was a waste. Similarly, a huge economic activity is happening around its plantation production system right from planting saplings to their tending, harvesting and transportation of wood from fields to factory gates and during its further processing for manufacturing commercially important products. Improved nursery production from shoots is estimated to save Rs. 20 crores/annum. The current valuation of its wood trade is estimated to be Rs. 15225 million. Carbon trading of tree based production systems has started happening in India and there is a possibility of Carbon trade happening in future with a potential gain of Rs. 1530 million from poplar based agroforestry.