Are you interested in doing business in India? Do you want to start a business in India? Do you want to know the best business opportunities in India? If yes, then below are the top 10 best, unique and innovative small scale business ideas in India with low investment.
India is the next big business flashpoint after China. Why? The reason is because of their rapidly growing economy and a massive population; which is second only to China. Now for those seeking to open a business in India but are short of ideas or opportunities; this article will help you out.
It is quite understandable that everyone needs a constant source of income, but most people do not have a huge amount of capital to start a business. So in this article, I decided to do a compilation of the top 10 low cost small scale business ideas in India. These opportunities and ideas can be acted upon by men, women, students, kids, teenagers, employees, etc. So if you are still in a learning mode, then let’s proceed.
Small Business Opportunities in India
Top 10 Small Scale Business Ideas in India with Low Investment
- School and Office Supplies
These products are in demand all year round, so entrepreneurs do not need to worry about making sales. With a large number of businesses and schools situated in the urban areas of India; products such as pencils, pens, paper of different varieties, notebooks, and others will always be in constant demand.
- Customized Jewelry
People, especially women love to accessorize themselves; and since India is a religious, cultural yet fashionable place, customized jewelry businesses in India are sure to grow. You can invest in buying a small jewelry-making kit and create necklaces, earrings, and bracelets that are uniquely designed for each of your customers. Creativity and a good marketing tactic are two overwhelming factors that will determine if you will succeed or fail.
- Greeting Cards
Special occasions happen all year round in India, thus the constant need for greeting cards. Even the advent of online greeting cards has not in any way decreased the demand of print greeting cards; as humans love appreciate and connect more with tangible materials. You do not have to invest much of your cash for this kind of business; all it takes is creativity and resourcefulness. Unleash all your creative juices and try to make cards with attractive designs and patterns.
Most people believe that they need thousands or millions of dollars in startup capital to open a restaurant but you do not really need to spend much, especially if you already own a small space that can be turned into a canteen. You just have to buy the ingredients that you will need to whip up your menus for each day.
Menus do not necessarily have to be top-of-the-line; you can begin with simple recipes. Remember that food is a basic need of man and humans must eat regardless of the economic or whatever situation. A point of note is that your business must be built on the foundation of exceptional customer services.
- Thrift Shops
These are one of the businesses that are sure to become very profitable. Many people like buying second-hand items because they are affordable and fit their budget. Aspiring entrepreneurs in India can sell second-hand items like clothes, bags, and accessories for low prices.
- Rental Services
If you have a car or an extra room in your house or building, then renting them out to other people can earn you money. This would make you reap huge profits, because you do not need to shell out cash as a business capital.
Almost everyone owns a digital camera, so you can use can also use this gadget to generate a steady source of income. Rush ID services are often sought for, especially in cities, so you can take advantage of this.
- Wooden Furniture making
If you are skilled in handicraft, then you can surely earn huge amounts of money from this kind of business. You can create and design wooden furniture at an affordable price for the residents of your community just the way they want it to be. A good relationship with residents of your neighborhood is a recipe for success in this business.
Creativity really pays off and pays well. People love decorating their homes with vases, chimes, figurines, and other things that can beautify houses. You do not need to buy expensive products like these, but you can improvise and design your own and sell them at low prices.
If you are gifted with an artistic talent, then let it shine by creating paintings for the people in your community. Not only will you be able to express your artistic side, but you would also get paid for it.
In conclusion, these are the top 10 small scale business ideas in India that you ought to try. Please bear in mind that these top 10 small scale business ideas in India is a product of an in-depth research we conducted; so they are almost guaranteed to give you steady sources of income and make you earn reasonable amounts of profit.