Product based cottage industries: Product based industries includes incense, candles, wood and stone, pottery, weaving etc. In urban areas also the poor can start some cottage industries with their own limited resources. Development of small scale and cottage industries help us to distribute national income in equal manner. In subcontinental Carpet industry, poultry farming, beekeeping, tailoring and furniture making is included in the cottage and small industry.

These economies may lack the capital and financial systems to support larger industries. Cottage industries play a significant role in the economies of developing countries.

Cottage industries will be of benefit for our villages, which form the back bone of the nation. While it is very easy to increase the number of small scale industries. Importances of Cottage and Small Scale Industries There is a shortage of capital and technical skill in subcontinental.

Next to agriculture, small-scale and cottage industries is the most important employment providing sector of the economy. While it is very easy to increase the number of small scale industries. This article reports about such cottage industry doing planning on the basis of co-operation A manufacturer is an industry—primarily manufacturing—which includes several producers, performing from their homes, generally half time.
Cottage industries have their own economic significance in the matter of enriching the social order. In villages, farmers can carry on their cottage industries side by side with their main occupation of agriculture. The giant factories were unknown in ancient times when the only industries were the cottage industries, where men worked mainly with the hand.
Cottage Industry is a specialized form of small scale industry where the production of the commodity takes place in the homes and the labor is supplied by the family members only. They provided employment to a large number of people. For farmers, operating a cottage industry out of the home can supplement the income raised from selling crops. India was famous, in the past, for the wealth of the land and for the high artistic skill of … This calls for preservation and promotion of cottage industries through formulation of public policies directed at improving the industry both in context of income of laborers and technological aspects. The biggest benefit of having a cottage industry is probably the ability to work from home. In the past cottage industries played an important role in the economy of our country. Cottage industries are the victims when it comes to attracting the attention of modern industry. Large scale industries are under the ownership of a few industrialists, but development of small scale industries leads to a large number of industrialists. They are important for them as they provide opportunities for part time employment.