Tamil Nadu has the second-largest economy in India. As the most industrialized state of India, it is also one of the most urbanized states in the country. The service industry contributes to 45% of the economic activity in the state, followed by manufacturing at 34% and agriculture at 21%.
The state has a network of about 113 industrial parks and estates offering developed plots with supporting infrastructure. It has been ranked first by the Economic Freedom Rankings for the States of India. Agriculture, automotive, manufacturing, transportation, textile, electronics, leather, fireworks, mining, energy, and tourism are the most potential sector of the state.
Tamil Nadu has the largest number of Small and medium enterprises (SMEs) in India. Here in this article, we intend to explore the most profitable small business ideas in Tamil Nadu.
10 Small Business Ideas in Tamil Nadu
#1. Agriculture-Related Business
The major crops sown in Tamil Nadu are rice, jowar, ragi, bajra, maize, and pulses. Other crops that are highly cultivated are cotton, sugarcane, tea, coffee, and coconut.
Tamil Nadu has also gained a commendable status in the horticultural sector in its agricultural department. If you have vacant land in Tamilnadu, starting an agriculture-related business can fetch you good returns.
#2. Auto-body Store
Tamil Nadu has manufacturing facilities from automobiles, railway coaches, battle tanks, tractors, motorbikes, and heavy vehicles to ships. An auto-body store with allied services is one of the most profitable business ideas in Tamilnadu.
The auto-body store business is providing services of auto body repairing and new bodybuilding as well as selling spare parts and accessories related to the vehicle body. As the number of vehicles is growing, the business opportunity of the auto-body store is also increasing globally. Read More…
#3. Consulting Business
Tamil Nadu is the second-largest state economy and the second most industrialized state after Maharashtra. The state boasted the highest number of factories across segments in automobiles and components, castings and forgings, pumps and motors, garments and textiles, leather, and chemicals and plastics, to name a few.
Any type of consulting service can be a profitable business here in this part of the country. Read More…
#4. Graphic Design Service
Any type of graphic design service is one of the most viable service-based business ideas in Tamil Nadu. You can start the operation as home-based on a computer with some specific software. Adequate knowledge about designing and marketing is important.
#5. Leather Garment Manufacturing
Hundreds of leather and tannery facilities are located in Tamil Nadu around Vellore and its nearby towns, such as Ranipet, Ambur, and Vaniyambadi. The state accounts for 70 percent of leather tanning capacity in India and 38 percent of leather footwear and components.
An aspiring garment fashion designing professional having experience working with leather items can start a leather garment-making business.
#6. Start a Nail Salon
Owing a nail salon business can be fun and profitable and is a great business to start. It can also be managed from a home-based location while operating the service on a mobile basis. Many people, including both men and women, enjoy getting a professional pedicure and manicure occasionally.
#7. Medical Tourism
Tamil Nadu has traditionally been a hub for tourism. In recent years, the state has emerged as one of the leading tourist destinations for both domestic and foreign tourists.
With cheap and quality tertiary medical care available in Chennai, Madurai, Coimbatore, and Vellore, Tamil Nadu has the largest numbers in medical tourism in India. The medical tourism business is finding the right places with the right medical services for your clients and arranging a hassle-free trip for them.
#8. Oil and Gas Business
The Tamil Nadu Energy Development Agency (TEDA) is promoting renewable energy sources and energy conservation activities in the state. The agency has largely been responsible for instigating the tremendous growth of Tamil Nadu in the development of wind power. You can start any sort of business in the oil and gas industry in Tamil Nadu.
#9. Start a Poultry Farming Business
Animal husbandry is a rapidly expanding sector in Tamil Nadu, playing a significant role in the rural economy by providing employment to a large number of small and marginal farmers and landless agricultural laborers, and raising their economic status.
The State Government is also promoting poultry farming businesses. Poultry farming worldwide has transformed into a techno-commercial industry from the status of backyard farming for three decades. Poultry farming is the fastest-growing sector in agriculture and farming businesses globally. Read More…
#10. Transportation Business
Transportation is partly responsible for investment in the state. Though the present transportation system is substantial, it needs to be developed further to keep pace with the rapid increase in use. Tamil Nadu is served by an extensive road network, railway, airways, and ports.
Different types of specific demands with changing lifestyle habits have introduced several innovative and profitable startup opportunities in the transport industry. Providing transportation facilities is one of the most profitable business ideas in Tamil Nadu.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their business. Our aim is to educate the entrepreneur on the various stages of entrepreneurship.