The economy of Minicoy is deeply rooted in traditional island industries, with minimal corporate or large-scale commercial presence.
* **Fishing**: Tuna fishing is the backbone of the local economy, famously utilizing traditional pole-and-line fishing methods that are highly sustainable. * **Coconut & Coir**: Copra (dried coconut kernel) production and coir twisting are the primary traditional cottage industries. * **Tourism**: A small, highly regulated ecotourism sector managed largely by the government. * **Government Employment**: A significant portion of the population is employed by the Lakshadweep administration in administrative, educational, and public works capacities.
