The cottage industry is a small-scale business where the manufacture of goods takes place mostly from home. The workforce consists of family units who typically work part-time with their equipment, using conventional techniques. Products are manufactured at a low level, and the workers are skillful at their job. The business is operated out of a home, and the equipment/tools are generally run on outdated technology. They produce handcrafted products using traditional methods and techniques. Generally, the industry is unorganized and mainly situated in villages/semi-urban areas. Few cottage industries are big and situated in urban areas.
The cottage industry is the backbone of the rural econ