Co-operative Industry

A Co-operative Industry is a business model where enterprises are owned and operated by a group of individuals or organizations with shared economic, social, or cultural interests. These industries function on the principles of mutual benefit, democratic decision-making, and profit-sharing among members.

Typically found in sectors like agriculture, manufacturing, handicrafts, and consumer goods, co-operative industries promote sustainable development by supporting small businesses, enhancing local economies, and ensuring fair trade practices. They prioritize community welfare over profit maximization, making them a resilient and ethical choice for industrial and commercial growth.