{"id":27831,"date":"2021-03-21T10:00:35","date_gmt":"2021-03-21T04:30:35","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=27831"},"modified":"2021-03-20T15:34:34","modified_gmt":"2021-03-20T10:04:34","slug":"prospect-growth-limitations-for-cottage-industries","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/prospect-growth-limitations-for-cottage-industries\/","title":{"rendered":"What are the Prospect, Growth, and Limitations for Cottage Industries in India?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">The cottage industry in India is a form of unorganized Industry in which individuals are involved with craftsmanship works such as knitting, handicraft, handloom, pottery, etc. They are typically set up at the individual&#8217;s home, and the workers use conventional tools and equipment. This category of Industry is interconnected with Community Development Programmes, Integrated Rural Development, and Poverty Alleviation Programmes. Being a small scale business, the Cottage industries can be set up with low upfront investments. This type of business is suitable for the individual confronting financial issues or reaping low incomes to meet the daily needs. The raw material required for manufacturing cottage industry products is available within the nearby environment. Let&#8217;s delve deeper to know more about this Industry.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/prospect-growth-limitations-for-cottage-industries\/#What_is_the_Meaning_of_Cottage_Industry\" >What is the Meaning of Cottage Industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/prospect-growth-limitations-for-cottage-industries\/#What_is_the_Scope_of_Growth_for_Cottage_Industries_in_India\" >What is the Scope of Growth for Cottage Industries in\nIndia?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/prospect-growth-limitations-for-cottage-industries\/#What_are_the_Types_of_Indian_Cottage_Industry\" >What\nare the Types of Indian Cottage Industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/prospect-growth-limitations-for-cottage-industries\/#Indian_Cottage_Industry_in_the_Current_Scenario\" >Indian Cottage Industry in the Current Scenario&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/prospect-growth-limitations-for-cottage-industries\/#Measures_Taken_by_Indian_Government_to_Support_Cottage_Industries\" >Measures Taken by Indian Government to Support Cottage\nIndustries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/prospect-growth-limitations-for-cottage-industries\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Meaning_of_Cottage_Industry\"><\/span>What is the Meaning of Cottage Industry?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Cottage industry refers to a business or manufacturing task carried on in an individual&#8217;s habitat. In laymen&#8217;s terms, it is industries that run from an individual&#8217;s home at significantly lower scales. It is a small-scale, decentralized business typically operated from home or cottages using traditional equipment and tools. Examples of cottage industry include Pottery, Textiles, Handmade Jewelry, Weaving, Smithy, Blanket making, Stone Carving, Ceramics, etc.&nbsp;<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/government-schemes-launched-by-msme\/\">What are The Government Schemes Launched by MSME?<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Scope_of_Growth_for_Cottage_Industries_in_India\"><\/span>What is the Scope of Growth for Cottage Industries in\nIndia?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The cottage industries\nhold great potential as far as the employment generation is concerned. In\naddition to that, an individual working in such an Industry is typically a\nself-employed one.<\/p>\n\n\n\n<p>Cottage industries and\nsmall-scale firms accounted for 40% of the aggregate industrial output in our\ncountry. There is roughly around 3.5 lakh unit within the state of West Bengal,\nfacilitating jobs to over 2.2 million people.<\/p>\n\n\n\n<p>Moreover, it has been\nfound out that this particular Industry has rendered economic freedom to the\nfemale workforce in developing &amp; developed nations. Furthermore, the whole\nfamily participating in producing items in this Industry provides countless\nfamilies with an employment option.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Types_of_Indian_Cottage_Industry\"><\/span>What\nare the Types of Indian Cottage Industry?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The term &#8220;cottage industry&#8221; is linked with units that make the product primarily by hand. India is often appreciated for its diverse culture, variety of food items, and handicraft from the conventional cottage industries. The primary cottage industries in our country include carpet making, leather industry, small food processing industry, cotton weaving, and silk weaving.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-are-the-Types-of-Indian-Cottage-Industry.png\" alt=\"Types of Indian Cottage Industry\" class=\"wp-image-27874\" width=\"429\" height=\"429\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-are-the-Types-of-Indian-Cottage-Industry.png 900w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-are-the-Types-of-Indian-Cottage-Industry-150x150.png 150w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-are-the-Types-of-Indian-Cottage-Industry-300x300.png 300w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/03\/What-are-the-Types-of-Indian-Cottage-Industry-768x768.png 768w\" sizes=\"(max-width: 429px) 100vw, 429px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Silk Weaving<\/h3>\n\n\n\n<p>Silk weaving is the most\nfamous cottage industry in India. Our nation is a prominent producer as well as\nexporter of silk to the local and overseas market. The Karnataka silk holds\nabout seventy percent of the total weaving industries.&nbsp;Mulberry, Muga,\nTassore, and Eri are the different types of silk produces within our\nnation.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cotton Weaving <\/h3>\n\n\n\n<p>Cotton weaving is often\nconsidered the critical part of the&nbsp;cottage business sector in India. The\nskill dated back to old times as cotton-based apparel is widely worn\nnationwide. Cotton-based garments are best known for their conventional design,\nvivid appearance, and patterns created by the skilled workers with their\nhandlooms. The cotton industry is majorly found in the state of Tamil Nadu,\nMaharashtra, and Gujarat.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">&nbsp;Carpet Making<\/h3>\n\n\n\n<p>This Industry came into\nexistence during the Mughal Era. Though the Kashmir carpet is widely praised\nfor its unique texture and quality, the durries &amp; coir carpet also remain\nin high demand. <\/p>\n\n\n\n<p>The carpet manufacturing\nindustries are mainly located in UP, Punjab,&nbsp;Kashmir, Andhra Pradesh, and\nRajasthan. In addition to that, GOI has established the Carpet export council\nto facilitate the export of knotted rugs and various other types of floor\ncoverings.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Metal Works<\/h3>\n\n\n\n<p>Metals have diverse\napplicability and are also used to produce utensils, jewelry,\nand&nbsp;figurines in India. Metal handicrafts from our country are praised\nglobally and are a primary contributor to the nation&#8217;s economy. Making Metal\nhandicrafts does not require any cutting-edge machinery as they can be produced\nusing traditional tools operated by hand.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Leather Works<\/h3>\n\n\n\n<p>Our country is a primary\nsupplier of quality-oriented leather goods to overseas markets and caters to\naround 10% of the global demands. The leather industry has employed\nover&nbsp;2.5 million people and is one of India&#8217;s prominent export earners.&nbsp;The\nstates like Tamil Nadu, West Bengal, and Uttar Pradesh are the major\ncontributors to India&#8217;s leather produce.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indian_Cottage_Industry_in_the_Current_Scenario\"><\/span>Indian Cottage Industry in the Current Scenario&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Though the cotton\nindustry has its positive sides, it has been facing some downsides as well. The\nproblems listed below hampering the Indian cottage industry in one way or\nanother;&nbsp;<\/p>\n\n\n\n<ul><li>The\nmediators offer significantly lower prices to the manufactures and take maximum\nprofit from the potential buyers.&nbsp;<\/li><li>The\nhandloom weavers are in the midst of relentless competition from the power\nlooms industries.&nbsp;<\/li><li>Absence\nof a platform that nurtures the skills of the laborers and helps in meeting\nlocal market demands.&nbsp;<\/li><li>Raw\nmaterials aren&#8217;t available in ample volume.&nbsp;<\/li><li>Non-accessibility\nto government-based credit schemes.&nbsp;<\/li><li>Unavailability\nof legit marketing strategies that boost sales.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Measures_Taken_by_Indian_Government_to_Support_Cottage_Industries\"><\/span>Measures Taken by Indian Government to Support Cottage\nIndustries <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Indian government\nhas realized the significance of cottage industries and has taken various\nmeasures to resolve their fundamental issues. The initiative taken by the GOI\nincludes the following:-<\/p>\n\n\n\n<ul><li>The Union government has established multiple agencies to assist the cottage &amp; small-scale industry. Some of them include the Khadi and Village Industries Commission, All India-Handloom Board, and Central Silk Board, Small Scale Industries Board, and Central Silk Board<\/li><li>Set up Industrial Estates, Rural Industrial Projects, and industrial co-operative<\/li><li>The government launches district industries centers to facilitate services &amp; support under one canopy at district levels.&nbsp;<\/li><li>The government has ensured the reservation of 807 items for exclusive production to support the small-scale industries.&nbsp;<\/li><li>Moreover, the government is looking forward to commencing various nucleus plants for generating as many ancillaries and cottage industry as possible.<\/li><li>The <strong><em>government<\/em><\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Government\"><strong><em>[1]<\/em><\/strong><\/a><\/sup> is planning to extend the limit of the capital investment for cottage industries.&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Cottage industries are\ndefined by the number of people employed and the amount of investment required\nto start. They often emphasize the production of labor-intensive goods but\nconfront considerable downside when competing with full-fledged units that\nmass-produce goods. <\/p>\n\n\n\n<p>The cottage industry\nplays a pivotal role in stabilizing the country&#8217;s economy. It supports the\nlower strata of society by generating jobs for financially challenged\nindividuals. The sector never touches the peak growth due to various reasons. <\/p>\n\n\n\n<p>Also, the advent of the Covid-19 pandemic has made life difficult for them. The government is putting their best effort to stabilize their deteriorating conditions by employing various growth-centric schemes and initiatives.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/food-processing-industry-in-india\/\">Food Processing Industry in India: A Ballooning Sector Fluttering High on Huge Investment Opportunities <\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cottage industry in India is a form of unorganized Industry in which individuals are involved with craftsmanship works such as knitting, handicraft, handloom, pottery, etc. They are typically set up at the individual&#8217;s home, and the workers use conventional tools and equipment. This category of Industry is interconnected with Community Development Programmes, Integrated Rural [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":27872,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[1616],"acf":{"service_id":"1"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":15226,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/27831"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=27831"}],"version-history":[{"count":13,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/27831\/revisions"}],"predecessor-version":[{"id":27876,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/27831\/revisions\/27876"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/27872"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=27831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=27831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=27831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}