In emerging nations like India, agriculture and agro-based businesses are crucial to rural economic growth. Sericulture, a decentralized agroindustry, plays a significant role in employment generation and economic enhancement. India, the world's second-largest silk producer after China. India uniquely produces four main silkworm species: mulberry, eri, muga, and tasar. This diverse production supports numerous rural families and preserves traditional silk weaving techniques, fostering inclusive growth. Modern farming methods and technologies have improved sericulture efficiency and environmental sustainability, creating opportunities for young entrepreneurs. The industry’s high output and low input costs make it attractive for startups. In Assam, a major Vanya silk producer, sericulture is integral to the economy, with 3 lakh families involved. The state's favourable environment supports large-scale eri and muga cocoon production, making Assam the top non-mulberry silk producer. Assam's biodiversity and climate provide ample opportunities for new businesses. Educated youth can leverage digital marketing, advanced reeling techniques, and quality seed production to boost productivity and profitability. Enhancing quality, diversifying products, and exploring markets can ensure financial stability and drive socioeconomic growth in rural communities.