After the success of shows like Shark Tank India and various government initiatives, many individuals in India are shifting their focus towards entrepreneurial pursuits. While some aspiring entrepreneurs have a long list of business ideas in India, others struggle to find ideas that require low investment and are profitable. But fret not, as we have compiled a list of the Small business ideas that you can try today. Let’s dive in:
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List Of Unique Business Ideas In India
India, with its burgeoning economy and diverse market, offers a fertile ground for entrepreneurial ventures. Whether you’re looking to start small or aim for a large-scale impact, the Indian market has numerous opportunities that are ripe for the taking. Here’s a look at some of the most promising business ideas in India:
Petrol Pump
Well, it may sound a bit off the tangent, but owning a petrol pump can enable you to earn millions. This might require a slightly higher investment than any of the options listed below, but this one of those business ideas in India will always be in demand. The upfront investment is high because you need to obtain permits, land acquisition, infrastructure development, safety equipment, fuel storage tanks, pumps, and other essential requirements.
Pharmacy
The next idea on our list of business ideas in India is owning a medical store. It is one of those businesses that will be in demand despite the health of the economy, which is why it is sometimes referred to as a recession-proof business. However, to have a pharmacy store, you need to have a degree in pharmacy and make investments in the premises. It further requires investment in dispensing equipment, computer systems, licensing fees, and staff training, as well as ongoing operating costs including rent, utilities, insurance, etc.
Corian Mandir Shop
Owning a corian mandir shop is one of the best small business ideas for capitalising on the growing demand for modern, durable, and low-maintenance religious spaces. Corian mandir and its versatility allows for customised designs that blend aesthetics with functionality, offering a unique value proposition in the spiritual decor market. The material’s resistance to stains and ease of cleaning adds practicality, appealing to customers seeking elegance and longevity. This niche market can attract clients who value both contemporary style and traditional reverence in their worship spaces
Grocery Shop
Owning a grocery shop is one of the most common business ideas in India. Nearly every sole proprietor in India has a grocery shop, which also makes it a slightly competitive area to do business in, but the success is worth the competition. Again, this is a recession-proof business and will have demand even during economic downturns. After all, we all require essentials regularly, and these stores or high-end supermarkets will always end up making a loyal clientele. Yeah, it’s true! If you doubt this, look at the store you visit often for your daily needs.
Salon
Salons are one such business idea that is less considered by individuals in India. These small salons and spas often require low investment and offer great returns. How? India is a diverse country with many festivals and cultural programs that keep the demand for grooming and beauty services consistent. Furthermore, rising disposable incomes and a growing middle class have led to increased spending on beauty and wellness services making it one of the best small business ideas.
Freelance Services
If you are an introvert and are looking for unique business ideas to do in India, freelancing is the way to go. It will offer you a wide range of opportunities to write, design, develop, or market. Freelancing allows you to work on diverse projects, set your own rates, and enjoy the flexibility of remote work. With platforms like Upwork and Freelancer, connecting with clients globally has never been easier. It’s a great way to leverage your skills and earn a steady income.
Travel Agency
Starting a travel agency is a fantastic business idea, given the country’s rich cultural heritage and diverse tourist attractions. As a travel agent, you can offer personalised tour packages, assist with visa processing, and provide travel consultancy services. With more people eager to explore new destinations post-pandemic, there’s a growing demand for reliable travel agencies. It’s a rewarding venture that lets you help people create memorable experiences.
Bakery Services
Bakery services rank among the most lucrative business ideas in India, catering to the growing demand for cakes, pastries, and artisan bread. Whether you start a home-based bakery or a retail outlet, the key is to offer unique and delicious products. With the rise of spending on special occasions like birthdays, weddings, and corporate events, there’s a constant need for high-quality baked goods. It’s a business that combines creativity with the joy of baking.
Consulting Services
Looking for business ideas in India, that capitalise on your intellectual capital? Starting a consulting firm allows you to leverage your knowledge and experience to make a significant impact. Consulting services are in high demand in India, providing expertise in various fields such as business, IT, finance, and marketing. As a consultant, you can help businesses improve their strategies, streamline operations, and achieve their goals. With India’s rapidly growing economy, many companies are seeking professional advice to stay competitive.
Tailoring
Tailoring is one of the timeless business ideas in India, where custom-made clothing is highly valued. Starting a tailoring service can be very profitable, given the growing interest in fashion and personalised attire. Tailoring combines creativity with skill, allowing you to cater to a diverse clientele and make a lasting impression in the fashion industry. Whether you focus on traditional wear, modern outfits, or alterations, offering quality craftsmanship and unique designs will set you apart.
Petrol Pumps, Corian Temple shops, pharmacies, and more are highly lucrative business ideas that you must try today to achieve your business dream. We have covered most of the business ideas that require low investment, but if you have some other ideas in mind, do not hesitate to mention them in the comment section.
