Industrial Cooperatives have been organised with two objectives namely social and economic upliftment of the people living below the poverty line. The most important Social objective is to safeguard the interest of the poorest sections against exploitative trends and to pave way for diffusions and dispersal of wealth. The economic objective of these societies is to create employment opportunities for the people by increasing the production and productivity of the units and to inculcate competitive capability and acceleration in the field of Trade and Industries.
Industrial Cooperatives, a wing of the Department of Industries and Commerce, plays a vital role
In nutshell Industrial Co-operative Societies ensure marketing of the finishedProducts of the members, advantages of large scale economics to the members and mutual help among the members with cardinal principal of each for all and all for each.