We have just entered 2023. Now, unemployment is really very high, and many people start their own businesses and got huge success. In India, there are many profitable businesses anyone can start with low investment. This is really a myth that you need a lot of money to start and successfully run a business. There are many companies like Facebook, Apple, and Subway, all started from zero. We have made a list of profitable businesses that can start in low investment
Here is the list of the Top 10 Businesses in India:
10. Website Design
In the digital platform, website designing is now in demand for every company. The customers aspiring candidates, and vendors with a lot of work. With low investment website designing, blogging, and digital marketing are one of the fast-paced businesses in 2023.
9. Housekeeping Services for Hotels
Apart from the existing number of hotels, various experts predicted more demand for hotel rooms in India. In this scenario, one service that the hotel industry will need in bulk is housekeeping services. Housekeeping is essential to keep hotel rooms sparkling clean to attract more customers. It is a necessary requirement for their business to flourish. You need good communication skills and contacts to enter and succeed in this business.
8. Exclusive Plant Nurseries
Gardening is a much-loved hobby of several people. At this time this is one of the needful businesses in India. Even people with small homes manage limited space for gardening. Plants are also widely used as home decorations and natural air purifiers. And with increasing awareness, everyone considers plantation as their responsibility and contribution towards reducing global warming.
You will find at least some plants in every home. Therefore, plant nurseries are in demand in both small and big towns.
Earlier photography was in demand for special occasions only. Nowadays, product photography, seminars, pre-wedding shoots, etc., have widened photographers’ scope of work. People want to present their products or occasion in the best possible manner. Therefore a photographer needs a good camera, lens, and other photography equipment like a tripod as a basic investment. You can always get a personal loan for business if you find them expensive.
6. Fashion Accessories
This is an era of fashion. Ant thing unique we have done; is become a trend. Scrunchies, phone cases, jewelry, watches, and wallets, so many products can bring revenue to this business. Girls were always in love with new and designer fashion accessories. With the invention of men’s purses and other male-oriented designer accessories, this industry has also caught the attention of alpha males. You only need a little creative sense and a reliable source of beautiful and futuristic fashion accessories to rule the market.
5. Labour Contractor
Several projects are going on in India at any point in time. In this scenario, there will always be a constant need for workers. And a majority of workers on sites are contract workers. It’s one of those profitable businesses in India which require nil to a minimum investment. However, you need to make good contacts and learn about labor laws as you’ll be directly working with people.
4. Interior Design and Decoration
Interior Design is definitely one of the best businesses in India. This one is for the creative souls! The interior design market of India is booming like crazy. Fancy interiors are not only for rich people anymore. Indian middle class and higher middle class now aspire for modular kitchens, smart furniture, innovative color scheme, aesthetic decorative items, and lighting.
As a result, independent designers and small firms have a lot of scopes to make money through interior design.
3. Organic Farming
Indian people are increasingly becoming aware of the chemical used in pesticides and preservatives. Therefore, the concept of organic farming is gaining popularity. People search for affordable and organically grown fruits, vegetables, and other food items. If you or anyone in your family has agricultural land, you can enter this business in the capacity of a farmer or cultivator of crops. Or else you can become a distributor of organically grown food products.
2. Pharmaceutical Businesses
Did you know that India is the world’s largest exporter of generic drugs? The Indian pharmaceutical market has the reputation of being an ever-growing market that is constantly innovating. The Pharma sector was not affected by the economic slowdown due to the pandemic. Another reason for the pharmaceutical business to be one of the most profitable businesses in India is that you can enter in more than one way in this sector. It needs the workforce for manufacturing, research, engineering, and procuring raw materials.
1. Cloud Kitchen
Ghost kitchen or cloud kitchen refers to the shared kitchen space between multiple restaurants. Providing the facility of a cloud kitchen is one of the most profitable businesses in India with low investment. All you need is a functional cooking space in a commercial place. Cloud kitchens play vital roles in facilitating online food orders at low costs. Therefore, India is expected to see a rise in cloud kitchens in 2023.