The introduction of hybrid and exploitation of heterosis has played a vital role in Indian sericulture industry, which clearly depicts a quantum jump in silk production during the last four decades. Since, the introduction of heterosis, progress in silkworm breeding has depended on success or failure in identifying better combiners. Systematic procedures developed have enabled the breeders to identify the best combiners by combining ability test, line ${TIMES}$ tester analysis or $D^2$ analysis for maximum expression of heterosis. The level of heterosis expressed in the crossbreed population is determined by the interaction between genotype and prevailing environmental factors. Except some of the pre and post cocoon parameters, heterosis is invariably higher in single crosses compared to three-way and double crosses. However, during hot and humid season, when rearing of F1 bivoltine hybrid is unsuccessful at field level and indigenous races results in very low and poor quality yield, three-way and double crosses can play an important role as an intermediary technology. The objective of this article is to review briefly the concept and causes of heterosis, utilization of different forms of heterosis in silk production and its significance in silkworm, Bombyx mori breeding.