Scrapy is an open-source and collaborative web crawling framework for Python. It provides a powerful and flexible platform for extracting data from websites, processing it, and storing it in desired formats. Scrapy handles tasks such as sending HTTP requests, following links, parsing HTML content, and managing data pipelines. It supports features like automatic throttling, user-agent rotation, and handling of cookies, making it suitable for large-scale web scraping projects. Scrapy's modular architecture and extensive documentation make it a popular choice for developers looking to build robust and scalable web scraping solutions.