1. Textile Unit:
The textile industry is currently contributing 2% to India’s GDP and 15% to the export earnings of the country. Opening a textile unit firm means to supply different types of fabrics for the fashion and apparel industry. The shop should be in an area where there is demand and the factory should be in an area that is well connected.
2. Rice Mill:
Rice Mill involves the postproduction of rice. the equipment and machinery will help remove the husk from the rice to make it edible. India is still the largest exporter of Rice in the world therefore this is a profitable business.
3. Beer and Wine Making:
In the last few years the wine industry was at a high-growth, $30 billion industry for both domestic and international wines. Therefore, starting your own beer and wine company is the diverse opportunity for business startups.
4. Manufacturing Fabrication Plant:
Metal fabrication is the creation of metal structures by cutting, bending, welding and assembling processes. It is a value-added process involving the creation of machines, parts, and structures from various raw materials. You need skill manpower and lot of machinery for this business.
5. Crane and Lifting Service:
Crane and Lifting Service deliver the right lifting equipment and service to match the customer needs. You need specialized maintenance services and spare parts for all types and makes of industrial cranes and hoists to start this business.
6. Transportation services:
To start a transportation business, you will need to decide which type of business you intend to create. The type of company you think of establishing should be determined based, among other things, on the need and competition in the area you decide to work in. You can start a taxi service, bike rental, or bus service as per your investment into the business.
7. Car Parking Services:
If you have a huge vacant area outdoor which you can use for business purpose you can start a Car Parking Services business. It is a recent concept as the number of cars on road are increasing.
8. Petrol Pump & Gas Station:
Gas stations offers various fuels to motorists including petrol, diesel and LPG and CNG gas. Petrol Pump is considered to be a very beneficial business. If you open petrol pumps at a decent place, you can make a lot of money.
9. Marriage Halls:
There are marriages and events happening every now and then in India. Which gives rise to the demand for Marriage Halls. If you own a property which can be converted into a big hall that can accommodate 800-1000 people, you can start this business and rent it to people looking for ceremonies, weddings, parties, etc.
10. Luxurious Car Services:
The sale of Luxurious Car has reduced because despite of the desire to buy such cars not many can afford it. The demand for Luxurious Car Services has increased in the market. In this business you need to purchase luxurious cars and lease them. People rent luxury cars for special occasions or making airport transport easier.
11. Imported Furniture Store:
According to data from The Retail Owners Institute, the gross profit margin for retail furniture stores has risen slightly from 43.8 percent in 2014 to 45 percent in 2018. For this business you can import furniture from China, UAE or other countries. You need a huge capital to start this business.
12. Electronic Store:
We are now living in the age of electronics. Electronics are tied into so many different aspects of our life. So, starting an electronic store is a profitable business but you need to have information about the products. The amount required to invest in this business may vary according to the products you provide.
13. Art and Collection Shop:
Professional artists can start their own art business. Starting an Art and Collection Shop requires a little business planning, a whole lot of marketing, and most importantly, the ability to create work that resonates with people.
14. Video Conference and Board Room Services:
With businesses operating more globally and at a faster pace than ever, there is increasing need to bring together remote participants using a variety of video services for conferences, training, or regular information-sharing sessions without the requirement for extensive travel. You can make business by providing digital solutions that enhance convenience, improve productivity, and save companies crucial time and money.
15. Night Club:
If you are a night person and love music and dance, you can make others groove by starting a night club. The investment is big as licence and good quality sound equipment are required to start this kind of the business.
16. Poultry and Fisheries:
Poultry and Fisheries has now become a popular rural enterprise in different states of the country. Apart from eggs and chicken, poultry also yields manure, which has high fertilizer value. This becomes an added profit for the business.
17. Building Construction:
A construction company is a capital-intensive business. You may need to rent or buy heavy equipment or purchase material in bulk. A solid business plan can outline your assets and make the case for your new construction company to access funding from investment sources. This is a business with high investments that can provide higher outcome.
18. Solar Farm:
Solar farms are replacing croplands that don’t generate enough income from traditional farming. Solar farms use solar panels to generate huge amount of renewable electricity that can be used by individual for commercial and residential purpose. Building a solar farm is a capital-intensive business but the Returns on Investment (ROI) are worth it in the long run.
19. UPS Business:
UPS business involves buying and selling of UPS. You can collaborate with major UPS Company like APC and sell their products to make business.
20. Auto Modification Services:
Custom car shops appeal to automotive enthusiasts who are in love with engineering and designing. This business is needed because of the large demand for vehicle customization. You need to have a creative mind to start this business.
21. Chemical Unit:
The chemical industry landscape has opened new doors of opportunities for chemical buyers and sellers. This business has a huge export potential and requires huge investment.
Gold Ornament Shop: Starting your own Gold Ornament shop business is a great way to tap into the jewellery industry. A small jewellery store can be started for as little as $20,000. The cost may vary depending on your location.
22. Printing Press:
Our society is so much influenced by the printing press. Nowadays, running a printing press is a successful business. We can print books, newspapers, invitation cards, magazines, posters, flyers, pamphlets, envelopes, business cards, and stationery items. Operating a printing business requires a few specialized pieces of equipment, and can be operated as a home-based, storefront or online business.
23. Peer 2 Peer Lending Business:
P2P lending is a business where one lends money to individuals or small and moderate businesses through online services. To start a Peer 2 Peer Lending business, you need to open an investor account for starting this business. Though profitable, this business involves great risk.
24. Internet Service provider:
An Internet service provider (ISP) is a company that provides customers with Internet access. There is a huge demand for internet thus starting this business makes sense.
25. Computer Class:
If you have the knowledge of computer and can teach others the same, then you can start a Computer Class. All you need is a few computers and a space where you can set up your business.
26. Hotel Business:
Hotel business requires huge investment and manpower. To start this business, you need to buy or rent an establishment that provides lodging and, often times, meals and other services for travellers and other paying guests.
27. Oxygen gas bottle:
To start this business, you need to Invest in quality equipment, healthy supply of cylinders of liquid oxygen, compressed oxygen, and flow meters. You need to remember to maintain a safe, hygienic environment for your equipment at all times. You can own cash to cover start-up and operating expenses.
28. Car Battery:
If you are seriously thinking of launching a car battery business, get advice from someone who is already in the business. Every vehicle needs battery may it be a two-wheeler or a four-wheeler. Therefore, Car Battery business is a very good business idea
29. Cement Business:
India has a huge potential for infrastructural growth. When the future involves the development of 99 smart cities, you can expect a positive growth in the cement business. Opening a cement business can get you on the path to a secure financial future but it’s important to plan out the business in detail before you start.
30. Spice or Masala Powder:
Spices from India are going places, with exports on course to top $3 billion in the last few years. Spice Powder Making Business ensures a good return with low investment.
31. Money Lender:
Lenders are businesses or financial institutions that lend money, with the expectation that it will be paid back. The lender is paid interest on the loan as a cost of the loan. The higher the risk of not being paid back, the higher the interest rate. This business involves money therefore, you need to carefully lend money to people who can return the borrowed money with proper documentation.
32. Nursery school:
The demand for good nursery school is growing in the city. Now is the perfect time to consider opening a nursing school. To start this business, you need trained staff and huge space to start this business.
33. Modelling Agency:
If you are interested in representing fashion models, to work for the fashion industry then you should start a Modelling Agency. These agencies earn their income via commission, usually from the deal they make with the model and/or the head agency. The top agencies work with big-budget advertising agencies and fashion designers.
34. Pathology Lab:
Indian diagnostic market is growing at nearly 15-20% and is estimated to be currently worth 40,000 Cr. Setting up a pathological lab can be an extremely lucrative business idea.