Role of Cottage Industries in Socio Economic Development in District Lasbela and hub Choki

Abstract

Cottage industries' impact on socio-economic development is examined through skill development, market access, and technology adoption. Using survey data from 100 respondents in Lasbela and Hub choki the research analyzes how these factors impact the efficiency, profitability, and growth of cottage industries. The findings reveal that skill development enhances performance, market access supports economic contributions, and technology adoption drives efficiency and growth, though it remains limited due to cost and expertise challenges. The study concludes that cottage industries are crucial for employment generation, income improvement, and GDP growth. Recommendations include establishing skill centers, subsidizing inputs, and supporting technological integration to unlock the sector’s full potential. The relationship between skill development, market accessibility, and technology adoption (independent factors) and economic growth (dependent variable) is examined in this study using a descriptive and explanatory research approach. A closed-ended questionnaire was used to gather information from 100 cottage industry owners, managers, and employees in Lasbela and Hub Choki. In order to guarantee representation across different cottage industry sectors, a stratified random sampling technique was employed. Descriptive statistics, correlation, regression, and ANOVA were used in the data analysis process, which was carried out using SPSS