Are you searching for profitable upcoming business ideas in India with small capital investment? Whether you are from India or from any other country, this article will help you in finding the upcoming and profitable business opportunities in India.
We understand finding the right business idea is a difficult decision to make for a beginner. A wrong decision in choosing and running a business venture can turn you broke. It is, therefore advisable to explore as many options to explore to find the right match depending on your present financial status, circumstances, local demand, demographics, and expertise.
Best Upcoming Business Ideas in India in 2020
Check below our recommended list of profitable upcoming profitable business ideas in India:
1. Pollution Mask
All metro cities are facing the problem of air pollution. In India, people staying especially in cities like Delhi are facing acute problem air pollution. Manufacturing air pollution masks is one of the most potentially profitable upcoming business ideas in India.
2. Mobile Apps
The demand for mobile apps is growing like never before in India. The Mobile app making business has huge potential and vast opportunity in India. you are tech-savvy, research about the needs of the people, and develop a mobile application that serves the user.
3. Start a Blog
Search the internet and you will find plenty of bloggers making millions out of running a blog. The cost of starting a blog is less than nominal. You just need just half an hour to start a blog.
4. 3D Printing
3D Printing is gaining much popularity in India. In fact, it is replacing the conventional prototype printing technology. If you want to invest in the digital printing industry, you must consider starting this business seriously.
5. Renewable Energy
Presently, the government of India is promoting companies that are venturing into alternate energy business ventures. Individuals who are keen on getting into the environment-related business, the renewable energy business sector provides a great opportunity.
6. Jewelry Business
Indians are very fond of jewelry items. In addition, jewelry is largely accepted as security for most Indian people. As a result, Gold and Diamond are the lucrative fields of business in India. Both pearl jewelry and fashion jewelry are in high demand in India. Any individual can initiate a jewelry making business in India with low capital investment.
Currently preschool business in India is worth more than Rs 4000 crore which shows the potential of a preschool business. Additionally, this is one of the most popular small business ideas in India in the education segment. If you enjoy spending time with kids, consider starting a preschool business.
8. Fashion Designing
The fashion industry has grown by leaps and bounds in India. Most individuals in urban and semi-urban cities and towns are fashion conscious nowadays. If you have the skills or have a keen interest in clothing and accessories, this is not a difficult industry to make a career.
9. Fitness Instructor
Any one having expertise in aerobics and yoga can initiate a fitness service business. This business can be started with a very low start-up capital Fitness centric business is a recession-proof industry.
10. Embroidery and knitting
If you talk to any fashion designer in India, the most critical aspect of their business is finding people having skills in embroidery and knitting. If you can acquire skills in this trade, getting assignments is just a cakewalk.
11. Beauty Salon
A beauty salon or beauty parlors provide products and services that enhance the client’s physical appearances and mental relaxation. This is one of the most trending beauty business ideas in the retail segment. Selecting the right location, efficient manpower, and proper sales promotional activity is required in starting this business.
12. Recruitment Services
The Recruitment service business is all about providing manpower to other companies and getting paid for it. Anyone having a good connection with candidates looking for a job can start this business. You need very little investment in starting this business. You can also start this business from home.
In India, most parents are very serious about providing the best education to their children. They are constantly looking for quality and dedicated tutors. If you love teaching you can start tutoring with less capital or no capital investment and make serious money.
14. Soap Making
You can start a soap making business with some simple equipment from your backyard. Homemade soaps have a great demand in the market. And the required raw materials are easily available in the market.
15. Laundry Services
The Laundry business is getting into an organized sector in India. There is an increasing demand for laundry services, especially from working people. Anyone can start this business with very little capital.
16. Join a Direct Selling Company
If you are a beginner and have good communication skills, joining a reputed multi-level marketing company can fetch you millions. You just need to promote products and ask people you know to join the company. There are plenty of people making millions of rupees in reputed MLM companies like Amway, Avon, Tupperware, etc.
17. Smart Phone Repairing
Smartphones are not anymore for people having money. The reduction of price has multiplied the sale of smartphones in India. As a result, the demand for repairing smartphones is growing steadily. You can get trained from local training institutes and start this business.
18. Automobile Service Station
The rising economy of India has boosted the sale of cars and vehicles in India. Hence there is a considerable demand for automobile service stations in most parts of the country. Thus, starting an automobile service station is one of the most profitable small business ideas in India for new entrepreneurs.
19. Food Delivery
The food delivery industry is growing in India. There are many food delivery platforms like Swiggy, Uber Eats, Zomato, Foodpanda, etc operating successfully in the Indian market. This shows there is a big opportunity for a food delivery business here.
20. Catering Business
If you love cooking and enjoy serving recipes to people, a catering business can fetch you good money, However, it requires the ability to work under pressure, and excellent interpersonal skills to be successful.
21. Courier Service
Courier service is a low investment business which can bring you high returns. You can also tie-up with reputed brands like DTDC, DHL, BlueDart, and work under their banner.
22. Mobile Food Truck
Mobile food truck business opportunity is different from a normal restaurant in two major ways. One is you are moving and you don’t have a retail location. Second is you yourself are going to the customers. A person having minimum experience in the foodservice industry can initiate this venture in the city area.
23. Interior Designing
If you have knowledge and experience in interior designing think of initiating this business. The business can be started with low investment and even from home.
24. Market Research Services
Market research is a must for companies looking to get feedback from their potential users or existing users. If you have experience in market research activities, think seriously starting this business.
25. Organic Food Store
In starting an organic food store business the most important consideration is the store location. Like any other retail business, the right location is the main parameter to get success in the business.
With the increasing awareness of healthy living, people are more interested in taking organic food though they are more expensive than non-organic food. The retail organic food market is an emerging trend and it is growing by 20% every year.
26. Sports Coaching
Sports coaching in the field of football, cricket, basketball, tennis, etc are very popular in India. If you are a sports enthusiast and experience in a specific sports field, try this business.
27. Art Supplies Store
Art supplies store is a profitable and lucrative retail opportunity for any individual who is passionate about art and has knowledge about the equipment that is essential for the artists. You can establish an art supplies store by having a small retail location with a flair stock of popular art supplies essentials.
28. Diabetic Clinic
The disease of diabetes is increasing fast in India. If you have a good retail space, starting a diabetic clinic is surely going to provide you with big returns.
29. Trading Forex Online
You can try trading forex online as an avenue of online income. You need to have expertise in this trade to be successful.
30. Translation Service
India is fast becoming one of the major economies in the world. People from all across the globe are visiting India for one reason or the other. As a result, the demand for translation service providers is increasing. If you are good at it, think of starting a translation business and make good money.
31. Social Media Marketing
Most companies and renowned people in India nowadays take their social media profiles very seriously. Social media is now a very important tool for connecting with people. There is a constant need for maintaining and managing their social profiles on a regular basis. Hence they look forward to social media marketers who can maintain their profiles. If you have the expertise or can learn social media marketing, you can start this business and can make serious money.
32. Virtual Assistant
Virtual Assistance is identified as one of the top ten technological breakthroughs. A virtual assistant business is easy to start. All you really need a laptop, phone line, internet connection, and a good professional website.
33. Agarbatti Making
Agarbatti making is a very profitable business in India. The state of Karnataka leads in the manufacturing of Agarbatti or incense sticks for the ease of sourcing raw materials. You can start this business from home with a simple hand-operated machine.
The bakery business is a very lucrative opportunity in India for new entrepreneurs. Additionally, this business offers a wide range of scopes of expansion.
35. Candle Making
Candle making can be a potentially profitable business in India. The use of candles is no more limited to religious occasions or illuminating households during power cuts. Candles are now used also for interior decoration in showrooms, events, etc.
36. Detergent Powder Manufacturing
There is a good demand for low-cost detergent powder in the semi-urban and rural regions in India. If you can provide good quality detergent powder at a reasonable price, getting customers won’t be a big issue still in the Indian market.
37. Disposable Paper Plate Manufacturing
Disposable paper plates are selling in high quantity at present. The reason primarily is the ease of serving eatables during family functions, eating chats and snacks, fruits, sweets, etc.
38. Exercise Book Manufacturing
Any individual can start an exercise book manufacturing business with small capital investment. In addition, you may offer cover design services at your unit.
39. Chocolate Making
Chocolate or candy making business is a natural progression of turning your hobby and skill into a profitable home-based business venture. Homemade candies are very easier to make and also quite popular.
40. Leather Bag Manufacturing
With some simple hand tools and equipment, you can start making leather bags from home. the demand remains around the year for leather bags among customers.
41. Driving School
Most people prefer to go for professional car driving training before appearing for examination to get a driving license. If you want to start an automobile-based business with low capital, opening a driving school can be worth considering.
42. Business Consulting
The scope for consultancy service business nowadays has grown by leaps and bounds in small businesses. If you have experience in a specific field and have gained specific expertise, you can think of starting a business consultancy from home.
43. Toothpaste Manufacturing
Toothpaste is a daily need and is an inflation-free business. There is a good demand for affordable toothpaste in small towns and villages across India. There is a good prospect of making good profit in small scale toothpaste manufacturing if you can match the needs of customers, especially in the suburban areas.
There are plenty of more business opportunities you can consider in starting a business in India. It is advisable to check your strengths and skill sets and then choose a business to start. We hope this list of profitable upcoming business ideas in India will inspire you to start a successful business.