Cottage industries occupy an important place in the economy of india. India is predominantly agricultural country, which may not provide any work to the agriculturists for about three to four months in a year. Cottage industries can provide them some gainful employment and add to their income. The can increase the production in the country as well.
Cottage Industries are of special importance because they can be carried on with the help of the members of the family. They do not require large premises, huge machines and large investment. They are labour intensive. The greatest advantage of such industries is that even the women and the old in the family can usefully utilize their leisure time.
Cottage Industries: Where the creation of products and sevices are home based rather than factory based, and these industries are called cottage industries. These are generally unorganized in character and falls under the category of small scale industry.