A cottage industry is a small industrial unit which the owner and his or her family run thamselves
A cottage industry is even smaller than a small scale industry. For example weaving at home and selling is a cottage industry while a small scale industry is lesser in technology and capital than a large scale industry but is bigger than a cottage industry.
There are three types of industry. They are cottage and small-scale industry medium and large-scale industry tourist industry
Cottage industries are usually small units run at homes.When a cottage industry starts expanding,and begins to employ labourers with the increased used of machines and powers,it becomes small scale industry.
ano nga ba? hanap ka sarili mong sagot!! >:(((
gangtok
A cottage industry is small scale production of objects by the individual hand of a skilled artisan.An assembly line is large scale production of objects by a series of unskilled people, each of whom does just one job as the object moves from person to person down an assembly conveyor.
In the cottage industry, the textile business operated on a small scale, primarily within homes or small workshops. Families or individual artisans would spin, weave, and dye fabrics using manual tools, producing textiles for local markets or for sale to merchants. This decentralized approach allowed for greater flexibility and customization, but also limited production capacity and efficiency. The cottage industry was gradually overtaken by the Industrial Revolution, which introduced mechanization and large-scale manufacturing.
Large scale industries refers to those industries which require huge infrastructure, man power and a have influx of capital assets.Their investment or capital is generally more than 1 crore. Small scale industry means an industry that has capital less than 1 crore. Almost all items can be manufactured in a small scale industry, but there are large scale manufacturing activities like rolling mills, extrusion presses, pilger mills etc., that cost much more.
Disadvantages of cottage industry Low output Lack of standardization, no common spare parts High cost of product
Please clarify: you wish to start a small scale industry? Perhaps you mean, small scale business?
maximum investment allowed for small scale industry
The cottage industry