Okay, having provided a complete analysis of the legal requirements, market probability and every other thing it takes to begin a business in India and a series of industry-specific sample business proposal templates; here is an in-depth interpretation of the top 50 best small business Ideas in India. So set on your entrepreneurial hat and let’s move.
Starting any business cannot be judged as a light-hearted affair, as it is something to be considered seriously, particularly in India that is plagued by many difficulties such as high tax rate, bribery and fraud, and a long and tedious registration method.
11 Facts and Pictures of India that Will Interest You as an Investor/Entrepreneur
India has been praised to shift the third-largest economy of the world by 2030 because India owns democracy, demography, as well as market. India also has the world’s most significant population of youth; these are several reasons why India is the place to be for businesses. Here are some helpful facts and figures for you;
- Regarding Gross Domestic Product (GDP), India is the seventh largest, while it takes the third position regarding Purchasing Power Parity (PPP)
- India is one of the quickest expanding economies in the world.
- India has converted the leading center for disruptive innovation as well as cutting-edge technology.
- Out of all Southern Asian marketplaces, India is the largest as considers getting credit. India has 23rd ranks in the world, according to the World Bank as well as the International Finance Corporation.
- India’s economic liberation gives investors more access to its vast and varied market.
However, the full population particularly that of the youth is a strong reason to do business in India. Here are some very profitable business ideas to look at;
- 1 50 Best Upcoming Small Business Ideas
- 1.1 1.Temping Services
- 1.2 2.Fashion Boutique
- 1.3 3.Shoe wash Business
- 1.4 4.Food Delivery Service
- 1.5 5.Games Store
- 1.6 6.Property Management
- 1.7 7.Wedding Planning Business
- 1.8 8.Real Estate Consultant
- 1.9 9.Book Store
- 1.10 10.Housekeeping Services for Hotels
- 1.11 11.Kirana/Grocery Delivery Business
- 1.12 12.Pre-recruitment Assessment Business
- 1.13 13.Custom-made Chocolate
- 1.14 14.Bus Service Website
- 1.15 15.Custom-made Festival Gifts
- 1.16 16.Online Ads Service Business
- 1.17 17.Phone-based Business Consulting Service
- 1.18 18.Mobile Food Court
- 1.19 19.Insurance Agency
- 1.20 20.Ice Cream Business
- 1.21 21.SEO Consultant
- 1.22 22.Jewelry Maker
- 1.23 23.Clothing Business
- 1.24 24.Poultry Business
- 1.25 25.Ceramics Business
- 1.26 26.Sports Products Manufacturing Business
- 1.27 27.Leather Manufacturing Business
- 1.28 28.Glass goods Manufacturing Business
- 1.29 29.Wood Products
- 1.30 30.Paper Cup Manufacturing Business
- 1.31 31.Handicrafts Business
- 1.32 32.Food Products Business
- 1.33 33.Freelance Writing Business
- 1.34 34.Online Book Store
- 1.35 35.Web Designing
- 1.36 36.Investment Advisor
- 1.37 37.Mutual Fund Agent
- 1.38 38.Nutritionist
- 1.39 39.CV Writing
- 1.40 40.Painter
- 1.41 41.Used Car Dealership
- 1.42 42.Car Driving School
- 1.43 43.Security Agency
- 1.44 44.Career Guidance
- 1.45 45.Provision of School Uniforms
- 1.46 46.Beauty & Spa
- 1.47 47.Matrimony Services
- 1.48 48.Used Furniture Sale Business
- 1.49 49.Coaching
- 1.50 50.Yoga Instructor
50 Best Upcoming Small Business Ideas
This variety of business needs that you provide event management firms with human resources services on a temporary basis. It could even increase to the film industry. Not everyone in the business has the time to source for temporary human resources services, and this is where your business comes in. You would have to be skillful at networking to be able to handle clients.
If you’ve got a right fashion touch, then you could start a fashion boutique. You would need to stock only stuff of high quality so that people can habituate you. You can succeed in this variety of business if you carve out an appropriate niche for yourself, this would guarantee that clients know you for that niche.
3.Shoe wash Business
Earlier in the day’s people cleaned their canvas shoes with detergent and toothbrushes; however, people now own trendy sneakers. It is a good business for any serious entrepreneur. To be successful, you will require to know how to use chemicals, and also ensure that you have excellent marketing skills as well.
4.Food Delivery Service
Any service that guides convenience to the client is always in high demand. Most people do not want to drop where they are probably due to changing circumstance – personal, work – to get food, and so they’d favor having it delivered to them. It is where your food delivery business appears in handy.
Young people always resemble a place where they can play games; you could open a game club and charge a fair rate for people to play games. You can begin with one X-box and then expand as the business moves. However, you would require to be innovative in this business, as routine can immediately bring down your business if you aren’t concerned.
For this business, you would require adequate sales and marketing skills for you to be successful, but this is an excellent business opportunity. You must also be adept at handling much paperwork, as you would be in charge of managing the property for your clients.
7.Wedding Planning Business
Wedding functions in India are always on a significant scale, and most times those concerned do not own the time or the energy to propose and take care of every aspect themselves. It is where you come in as a wedding executive. However, this variety of business requires that you be creative, and also have contacts with responsible suppliers and merchants of wedding items.
If you have useful information of an area and the resources in that area, then you can begin off this business. You would commission a consultancy for your consulting services after the customer has finalized the deal.
It is an immeasurable idea that can combine sales of stationeries, school books or general books. To get sufficient money from this business, you would need to be innovative about your services, and possess excellent sales skills.
10.Housekeeping Services for Hotels
It is an excellent business opportunity that affords you the chance of helping hotels hold their rooms clean. You can offer your business to various hotels at once, thereby making more money for yourself. You would require to be skilled at marketing and have strong skills as entirely.
11.Kirana/Grocery Delivery Business
A grocery distribution business is a profitable opportunity that can bring you a good sum of money. You could help customers deliver groceries for a fee. It is a different business that will guarantee you attract clients to habituate your service.
12.Pre-recruitment Assessment Business
Companies always want to borrow the high-grade employees but might not have the time to choose that which bests suit the company. You can support bridge this gap by starting a business that allows the company pays for you to help them decide the best candidate by helping to estimate the employees and selecting only the biggest for the company.
Chocolate is a gift that nearly everyone loves. You would require to ensure that the quality is up to food standard and might be necessary to get a permit for this variety of business. However, if you are a practitioner of chocolate with mean business understanding, you would be earning money in no time, as you could decide on another recipe.
14.Bus Service Website
A bus service website is an excellent business opportunity if you know the intercity and interstate bus routes very well. Your site could provide information that pertains to the rate of tickets and also the channels by which they can be booked. You would need to have excellent IT skills for this kind of business.
15.Custom-made Festival Gifts
If you have a right eye for picking out gifts and attractively wrapping them, then this is the business for you. You could choose a festival period and select innovative offerings that are sensitive and creative and would build a meaningful impact with your client. You would need to have an extensive knowledge of the where you can arrange the best gift makers in town.
16.Online Ads Service Business
This type of business is proper for those who have the contacts of website proprietors and can also arrange the appropriate space that can help clients be able to access their target viewers. You would need to have good knowledge on networking as well as media planning to be successful in this type of business.
17.Phone-based Business Consulting Service
With this variety of business, you can work comfortably from home. To be able to ensure companies to consult with you and pay for your services, networking is integral as you would require satisfied clients to connect you to their friends and other business colleagues.
18.Mobile Food Court
People are now too busy and very seldom take the time out to cook their food or patronize a restaurant. Your food court solves the puzzle for most people, as it produces the food to them. You would require to stock up on food that most people are possible to eat, and visit locations that have a massive amount of money.
Being an insurance agent would need you to have good persuasive skills so that clients could pay for coverage which would then earn you a commission. It is a business that you can do in your extra time, guaranteed to bring in money with no stress.
20.Ice Cream Business
Ice creams are no longer an annual treat and so if you want to go into this type of business, you absolutely can. Your ice cream store would require to have several flavors to cater to those who wish to something separate. Also, you can come out with individual recipes as a way of attracting clients.
Several blogs and websites get built every day, and usually, need someone to support market the blog and also develop on its visibility. It is where you come in.
You can progress into this business if you love jewelry and are looking for a chance to turn your love into a business. You would require to get trained before starting this business.
The clothing business is an excellent business chance that would always ensure that you have money especially as people must still use clothes. If you suit known for selling good clothes you might not only attract but retain clients as well.
Every day people take not only chicken but also its byproducts, such as egg. Eggs can be ingested or used as an excellent product. Poultry business is a secured money spinner, but you would need a permit to rear commercially.
If you are into the crafting of ceramics and enjoy it as a hobby, it might be time for you to utilize that hobby into a business. The good thing about this kind of activity is that you can serve from home and at your convenience.
26.Sports Products Manufacturing Business
Sports is a very profitable business which is guaranteed to make anyone going into such type of business a millionaire; this is because everybody loves seeing one sports movement or the other. Those that are into games would need to acquire sports products, while those who enjoy watching might obtain sports products of those they love watching to identify with them.
27.Leather Manufacturing Business
The leather used for shoes, bags, chairs and such other stuff. To start this business, you would require accuracy and an eye for detail, as your clients would know you only through the type of leather they get from you.
28.Glass goods Manufacturing Business
You can go into this business and provide a wide range of glass products. You can either begin in a niche or produce different outcomes. However, you would require to know what your target clients prefer and produce your glass accordingly.
The wood industry is a significant one as most furniture still made of wood, from baby cot to office desks and so on. At the beginning of this business, you would require to be very crafty with your hands and also understand what might excite your clients. The wood goods business is one that will bring you massive money if you know your onions.
30.Paper Cup Manufacturing Business
Paper cups are regularly disposable cups that are manufactured of paper and lined with plastic so that liquids do not soak the paper. These products are shifting more and more popular because they are not only eco-friendly but also limit susceptibility to food infections. Beginning this business is a sure-hit as paper cups used in companies, food canteens, educational institutions, coffee shops, fast foods, and supermarkets.
If you are expert with your hands as regards crafting, then it is high time you turn it into a business producing venture. You might require to attend some training so you could study special tricks to use to make out your creativity, and also how to sharpen your business skills.
32.Food Products Business
If you have an extraordinary cooking talent or a particular recipe that you feel others require to know about, then you should begin thinking of developing a line of food products. You would expect to be good at sales and marketing and also have a very high awareness of the business.
33.Freelance Writing Business
If you are right at writing and thinking of business to mesh in, you could become a freelance writer. You could even decide on a niche to write on and can pick to write for a magazine, newspaper or a website. There is no boundary to the number of jobs you can throw as a freelance writer.
34.Online Book Store
If you adore books and do not have the space to start a store and sell books, you can decide to market books online. This way your clients spend on a book and you deliver it to their doorstep or a place of their choice. It is a profitable business especially if you go into selling online magazines as well.
If you understand how to code and produce websites, then this is an excellent business chance for you, especially as more and more businesses are seeing the need to ensure that their company has a site.
To work as a financial advisor, you would require to thoroughly appreciate the investment market and options such as bonds, stocks, mutual funds, IPO; as clients will believe in your sound judgment.
37.Mutual Fund Agent
If you want to become a mutual fund agent, you would require to be certified before you can begin promoting mutual fund schemes. You earn money by earning commissions, and so you will need to have persuasive skills.
Everyone is now concerned about what they feed and when he or she should eat it. If you have a good knowledge of food and its nutrients, you could start advising people and also giving them health advice as well. It is sure to bring in some cash for you.
Not everyone grasps how to write a resume that would arrange them a job, and so if you are expert in this field, you could compose resumes professionally for people and get rewarded.
Every one in a while, people look to give their household or official places a make-over, and so they discuss one who can paint. If you are a skillful painter, your job will attract some clients in no time and will see you receiving good money.
41.Used Car Dealership
It is another profitable business in India as not everyone can provide a new car for themselves. Beginning a used car dealership will see a lot of clients patronizing your business.
42.Car Driving School
You would require to pick an area where the bulk of the people do not understand how to drive and want to learn. Once you can identify such a spot, watch your cash rolling in.
People would always need the services of a security agency and most time prefers to contract out the services to others. You can begin a security agency where you would provide security guards to schools, offices, and apartments. You would need to find out additional permits and licenses that you might need for this business.
A career director helps people by advising them on the careers that might suit them for a fee. It is not only a rewarding business but a profitable one as well. Your success rate with clients will take in some more customers for you as they will support in referrals.
45.Provision of School Uniforms
Even though you might not be expert at sewing, you can still make money from this business. You would need to be persuasive, have excellent marketing skills, and also make it so simple that schools would favor coming to you rather than going to the corporations themselves. You would also require to have a link with a genuine manufacturer as well.
46.Beauty & Spa
A Beauty and Spa will ever patronize as there are people still seeking beauty treatment. You would need to offer excellence services as well as be knowledgeable about different spa and beauty treatments.
If you are using at helping people out with their relationships, you can open a matrimonial service that will advise couples in relation for a fee.
48.Used Furniture Sale Business
Many people desire to get some furniture like a sofa, television, and so forth. For themselves but cannot manage the new ones. You could also become known to those who wish to confiscate their good old furniture for a fee, thereby assisting two sets of clients.
It is a lucrative business idea that can give you a good income. You could submit your services to homes in the neighborhood, and while you can choose to take a student individually, you can also make them in large groups as well. You would need to be knowledgeable about the subjects you intend to teach.
Yoga is an excellent form of making money as not everyone does it accurately. You can display a Yoga instructor and direct people.