Startups are booming nowadays, as people are continuously trying to build something of their own. Although, starting a startup is not easy as it seems, with the right idea and knowledge you can get started.
According to the statistics, India registered a whopping rise of 15,400% in the number of startups that rose from 471 in 2016 to 72,993 as on 30th June 2022. These stats prove that the scope of startups is widening and there is a high chance that your startup become successful
To help you out, in this blog, we will be discussing the top 9 startup business ideas in India you must try to fulfill your dreams.
Let’s get started.
If you are creative, you can use your creativity to start your business, such as manufacturing your handicrafts. Creating handicrafts is a low-investment startup business idea in India.
Moreover, if you don’t want to involve yourself in the making process, you can simply buy and sell them where they aren’t available.
Since showrooms charge an outrageous price for these handicrafts used in home and office decor, they buy them from local manufacturers and market them to customers at an incredible price. You can simply tie up with them or target local market shops and sell these handicrafts directly at a reasonable price than showrooms.
It is among the profitable startup business ideas in India, as everyone who has pets loves them. Nowadays, pets become like family members to their caregivers. People with pets cannot take their pets with them on a vacation or a business outing.
Thus they look for pet care services where their pets remain comfortable while they are elsewhere. If you have a pet, you must know how to handle pets; this startup idea is an apt choice for you with a low investment.
Besides this, you can also consider selling pet food as people with pets may buy their pet’s food from you, improving your profit margin.
It is one of the most trending ideas as people earn a spectacular income. Everyone loves taking care of them as it enhances their physical appearance and delivers mental relaxation. The profit margin is fairly good compared to other startup ideas if you get a good clientele.
However, there are a few things you need to keep in mind while starting this business, such as the location, efficient and professional manpower, and a good promotion or marketing strategy to improve your clients and overall sales. Depending on your budget, you can take place on rent and start this business.
Households have turned considerably over time, with the rise of nuclear families, married couples, and single working mothers. In reality, 1/3rd of Indians live in nuclear families.
While inviting grandparents and hiring a nanny to care for infants is normal in India, parents are increasingly shifting to daycare centers, which offer several developmental benefits to the infant. Daycare centers help parents balance work and family life while contributing to their children’s educational growth.
As a result, it creates a sense of self-reliance and prepares students better for school surroundings. While some childcare centers deliver hourly care, most offer half-or full-day programs with games, food, naps, and probable field trips.
The centers should deliver more structured learning experiences and opportunities for social growth with other youngsters. Therefore, if you would like to begin your own childcare business, there is no better time than now, as the market is growing for low-cost, high-profit startup ideas.
Chocolate making is a good home-based business idea to help you make money. People love gifting flavored Candies and chocolates on special occasions; therefore, the chocolate business is quite popular in India. You can make different chocolates and sell them under your brand name.
If people don’t stop drooling when they see your homemade candies, this is the right startup idea in India for you. All you have to do is target a local market with prospective buyers to buy chocolates. Next, you will need a dedicated team or person to deliver your chocolates.
People nowadays are quite a health conscious. With the increasing fitness craze, the demand for fitness centers or gyms has increased significantly. Besides this, it has become a part of numerous people’s lifestyles. You can start your fitness center by buying a few low-cost pieces of equipment initially.
Food delivery is one of the most popular startup business ideas in India. Not only this, it has surpassed e-commerce in some countries. The meal delivery business is simple; no one likes cooking every day, and the comfort of having food delivered from their favorite restaurants is hard to match.
There are multiple ways to become a part of this food delivery industry. You may either gather eateries and have them put their menu items on your online ordering app, or you can sell food that you prepare yourself.
While the first idea is about managing a food market, the latter is more concerned with your involvement in food preparation.
Virtual assistant service is popular nowadays as people seek assistance from their home. A virtual assistant is an entrepreneur who offers professional administrative, technical, or creative services to customers from remote locations.
As a VA, you can deliver various services, including social media management, website design, bookkeeping, and market research. Starting a virtual assistance service allows you flexibility as you can from anywhere, setting your hours and rates.
If you’re interested in becoming a Virtual Assistant, the internet is full of resources to help you get started.
Food trucks have lately become popular in the Indian restaurant market. Whether it’s burgers or vegan tacos, the food truck sector presents cuisines from around the world to your neighborhood. It allows customers to conveniently sample a range of cooking and try new foods.
Due to their minimal investment needs, low risk, and remarkable mobility, food trucks quickly become the best method of entering the restaurant business, especially for first-time restaurant owners.
The mobility benefit of the food truck concept allows entrepreneurs to launch several sites with less initial capital than opening a restaurant in any other model.
Therefore, it’s unsurprising that small restaurant operators believe in investing in a food truck rather than a standalone restaurant.
After reading this post, you may have found the best startup business idea for yourself. Before implementing any of these ideas, make sure you do thorough research about it, understand your niche, and target the right audience.
Also, you can consider 2-3 startup business ideas in India at first, and later on as per the resources and other factors you can decide the right one for you.
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