There are many attempts to develop rural areas by the use of local resources. Local industrialization is a well-known means to found industrialization by the local people using specialized local resources. However, there are many difficulties local people face in the industrialization of these local resources. This is mainly due to local people's lack of experience and knowledge in the development of these resources and the foundation of industrialization in these rural areas require further assistant. This thesis intends to examine the local conditions in order to represent the possibilities and limitations of the industrialization in the use of local resources, Gokseong cotton. We will further suggest various methods & means of these applications and illustrate the efficient approach to development scheme.