Sericulture is an important labour intensive agro-based industry. It is the only cash crop that provides attractive incomes to the farming community in general, small and marginal farmers in particular. Sericulture is the art of silk production, which includes area under mulberry cultivation, silk worm rearing, both pre and post cocoon activities. Sericulture improves the standard of living and life style of the people in rural area by providing sufficient employment and income opportunities for rural people. Sericulture Industry in India has classified the employment generation pattern of the industry into two major types: Direct Employment – (a) Mulberry Cultivation; (b) Leaf Harvesting; (c) Silk Worm Rearing; Indirect Employment – (a) Reeling; (b) Twisting; (c ) Weaving; (d) Printing & Dyeing; (e) Finishing; (f) Silk Waste Processing. Sericulture is one of the prominent enterprises, which provided full time employment to the entire family, offering high income and better standard of living. This agro based cottage industry is so labour intensive and employment creating and income generating this is rightly called the ‘Kalpavriksha’ or the ‘Kamadhenu’ of the poor and downtrodden. Total raw silk production in India was 26480 MT, out of which mulberry raw silk production was 19476 MT (73.55%) during 2013-2014 and it goes up to 30265 MT in 2016-17. Employment generation is 8.51 million in the same year. In view of the importance of sericulture enterprise, the paper tries to enlighten and discuss the significance of sericulture and strategies to be taken for the employment generation in Indian sericulture industry. Present paper explores the possible employment opportunities derived from problem analysis in the study area. The study concludes with some suggestions to improve the feasibility of sericulture in long term.