Are you searching for small business ideas in Rajasthan? Here in this post, we have compiled the top 10 low-cost small business opportunities in Rajasthan.
Last year Rajasthan was the leading investment destination in India after Maharashtra and Gujarat because of the peaceful environment, better law and order situation, excellent infrastructure, investment-friendly climate, and very less population density.
Cities like Jaipur, Udaipur, Jodhpur, etc are business hotspots in the state of Rajasthan. Rajasthan is pre-eminent in quarrying and mining in India. The state is the second-largest source of cement. It has rich salt deposits at Sambhar, copper mines at Khetri, and zinc mines at Dariba and Zawar.
The main industries of Rajasthan include textile, rugs, woolen goods, vegetable oil, and dyes. Heavy industries consist of copper and zinc smelting and the manufacture of railway rolling stock. The other industries related to Private Sector include steel, cement, ceramics and glassware, electronics, leather and footwear, stone, and other chemical industries.
List of 10 Small Business Ideas in Jaipur
#1. Automobile Service Station
The automobile sector is growing in Rajasthan. Vehicle density including passenger and commercial vehicles is also increasing. You can start a full-scale automobile service center with moderate capital investment. Knowledge and experience in the automobile sector are the musts for entrepreneurs. The most lucrative aspect is this, you need to establish this retail business in a high-traffic area. You can initiate the business nearby a fuel pump or on the highway.
#2. Belt Buckles Making
Any individual can start the belt buckles-making business from his or her home location. Other than selling a customized product, you can also sell the product from online marketplaces like Amazon. Many sports team, business houses, and other professions often create their own customized belt buckles with other apparel items. The ideas are really endless when it comes to the personalized belt buckles-making business.
#3. Detergent Powder Manufacturing
Rajasthan is the second largest mineral producing state in India and houses about 90% of the total mineral reserves of the country. Easy availability of the raw material is the key factor in making detergent powder manufacturing profitable here in Rajasthan. The production process is not complex. It involves simply mixing different ingredients in the right formula.
#4. Garment Manufacturing
Rajasthan is also known for its textile industry and the state is the fourth-largest producer of spun yarn in India. Garment manufacturing is one of the most legitimate small business ideas in Rajasthan to start with substantial capital investment. Readymade garments manufacturing in today’s world is a multi-billion dollar industry. Any passionate individual in garment activities can build this business through people from textile or fashion designing backgrounds are preferred.
#5. Hookah Bar Lounge
Hookah, also known as shisha and waterpipe is a traditional form of tobacco consumption. Many reasons for the recent fad of hookah bars or lounges have been attributed to acceptance by nonsmokers, conviviality, cultural practices, marketing of various flavors, symbolism, and search for new forms of socializing. A profitable hookah bar lounge business opportunity demands learning the operational aspects related to the business.
#6. Jewelry Designing Institute
Gems & Jewellery constitute 15% of India’s export, of which a significant contribution comes from Rajasthan. The state is the biggest production center of colored precious & semi-precious stones. Jaipur is considered the hub for jewelry making. In this scenario, the jewelry designing institute is one of the most profitable business ideas in Rajasthan.
#7. Jewelry Making
The key source for precious and semi-precious stones in Rajasthan are Ruby, Emerald, Garnets, Agate, Amethyst, Topaz, Lapis lazuli, Carnelian, etc. Lac bangles, Kundan and Minakari, enameled gold jewelry, uncut diamonds, and emerald-cutting ‘Thewa’ from Chittorgarh are some of the most popular for their glass gold work in Rajasthan. Increasing awareness of fashion and style has made the jewelry-making business an immensely potential business opportunity for startup entrepreneurs.
#8. Music School
Highly cultivated classical music is part of the cultural tradition of Rajasthan. The music is uncomplicated and songs depict day-to-day relationships and chores, more often focused around fetching water from wells or ponds. Folk songs are commonly ballads that relate heroic deeds and love stories; and religious or devotional songs known as Bhajans and Banis (often accompanied by musical instruments like dholak, sitar, sarangi, etc.) are also sung. You can initiate a music school with blends of specialized instrumental and vocal performances.
#9. Neem Oil Extraction
Neem trees can easily be grown in dry, stony, shallow, and clayey soils. It needs very little water and plenty of sunlight. Neem trees are grown in Rajasthan. The raw material for this business is neem seed. It is highly available in the state. Neem oil extraction using solvents like alcohol, ether, and hydrocarbons is the most used process in the industry.
#10. Travel Agency
Rajasthan is full of natural beauty and a great history, tourism is flourishing Rajasthan. The palaces of Jaipur, lakes of Udaipur, and desert forts of Jodhpur, Bikaner & Jaisalmer are among the most preferred destination of many tourists, Indian and foreign. The Rajasthan government has brought down the luxury tax from 10% to 8% to boost the tourism industry of Rajasthan. A travel agency company with every allied service is one of the most profitable small business ideas in Rajasthan.
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.