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 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.
The four most important aspects that must be considered before launching a small business are the following:
- Local Market demand
- Market competition
- Startup & Recurring costs
- How do you plan to sell your product/ service to your target audience?
So, when you consider the above-mentioned parameters, it becomes extremely critical to select a business that can fetch good returns. Check out below some of the most lucrative small businesses in India at present and in the near future.
50 Small Business Ideas in India
1. Pollution Mask Making & Selling
All metro cities are facing the problem of air pollution. In India, people staying especially in cities like Delhi, and Bangaluru are facing the acute problem of 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 opportunities in India. you are tech-savvy, research 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. For 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 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 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 in.
9. Fitness Instructor
Anyone 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 parlor provides products and services that enhance the client’s physical appearance 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 no anymore for people having money. The reduction in 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 in the country.
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 that can bring you high returns. You can also tie up with reputed brands like DTDC, DHL, and BlueDart, and work under their banner.
22. Mobile Food Truck
The 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 food service 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 about 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 have 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 making 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 is 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 of 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 for under Rs. 50,000 in India. In addition, you may offer cover design services at your unit. If you are looking forward to starting a low-cost manufacturing business from home or on small scale, setting up an exercise book manufacturing unit can be a good option.
39. Chocolate Making
The 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 an 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 a good profit in small-scale toothpaste manufacturing if you can match the needs of customers, especially in the suburban areas.
44. Open a Clothing Store Business in India
Though the market of the retail clothing business is competitive, still there is a wide scope in this sector. If you have a good retail space in a promising location, a clothing shop can bring in a high profit in India
45. Launch a Dropshipping Business in India
Young tech-loving people in the country can take the dropshipping business more seriously nowadays. As more and more Indian people are buying goods more in the online space, it is surely now one of the most upcoming profitable business opportunities in this part of the world.
46. Create learning Apps
If you are a teacher or love teaching, you can consider building learning apps. You can take inspiration from startups like Byju”s learning App that started small and at present developed into a big online learning company in India.
47. Earn from FaceBook
If you have a good network of Facebook friends, there are multiple ways of earning from Facebook. FaceBook at present along with Google has captured the most audience on the internet. You can make money on Facebook as well. Read our post on different ways of making money from Facebook.
48. Errand Service Business
People in India are more and more looking for services to fulfill their daily needs of life like groceries, paying bills, medical prescriptions, etc. You can target elder citizens and dual-income couples in getting more customers.
49. Computer Maintenance
Though there is no dearth of computer maintenance personnel, if you talk to people you will find most computer owners looking for reliable and honest individuals to work with. If you feel you can serve honestly, there will never be a shortage of customers.
50. Diet Planning
If you are a dietician or nutritionist, you can start this business in India. You can offer the service on your home and online basis. Even, if you are in a full-time job, you can do this as freelancing.
There are plenty of more upcoming business ideas and 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.
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.