Are you tired of working for someone else and dreaming of being your own boss? It is a fact that many people love to do the job, but in today’s world, we all know there isn’t much job left that pays a satisfying salary.
Do you have a passion for entrepreneurship and want to start your own business in India? But what business should I start? What are the Top 10 Side Business Ideas in India with Low Investment? We understand that there is a big confusion in choosing a business niche and then the best profitable business ideas in India.
The good news is that India has immense potential for starting and running successful businesses. With a population of over 1.3 billion people and a growing economy, entrepreneurs have numerous opportunities to tap into.
Today we have brought you
the Top 10 Side Business Ideas in India
with Low Investment, which anyone can open to fulfil their dream. Keep
scrolling to learn the Top 10 Profitable Businesses in India.
Top
10 Side Business Ideas with Low Investment
1. Social Media Management
With the rise of social media like Instagram, Facebook etc., businesses need experts who can manage their online presence in social media.
According to a report by Statista,
the number of social media users in India is expected to reach over 444 million
in 2023. With such a large audience on social media, businesses need to have a
strong social media presence to stay relevant in today’s competitive market,
which makes it the Most Profitable Business in India.
Why You Should Start Social Media
Management Services?
- Rising demand for social media services,
- Large-scale audience to target,
- Low start-up cost,
- Potential for significant revenue growth.
What You Can Do?
As a social media manager, you can
create and schedule posts, engage with followers, and analyse the metrics of
their accounts. All you need is a computer, an internet connection, and
knowledge of popular social media platforms.
You can start by offering your
services to small businesses and gradually expand your clients. Social media
management is profitable like other businesses and online influencers hire
experts to handle social media.
2. Writing Assignments
Nowadays, students have alot of
work to do; they get a lot of assignments, practical, custom-written essays,
research papers, and other academic work etc. Many students in India struggle
to manage their academic workload, leaving them little time for other
activities. As a result, the demand for assignment writing services has
increased significantly. This has led to a Profitable Business in India –
writing assignments for students.
Why You Should Start Writing Assignment Services?
- High demand for academic writing services,
- It can be done from anywhere,
- Flexible and convenient business,
- Low investment business.
What You Can Do?
You can open a business that
completes every assignment and student’s written work. You can create a
platform where students can hire people to complete their written work. Or you
could start this business from your local area. You can charge an affordable
fee for every assignment according to when they need it done. Anyone, including
a student, can open this Most Profitable Business in India with Low
Investment.
3. Virtual Tutoring
With the increased demand for
online learning and technology, virtual tutoring has become a profitable
business in India. Virtual tutoring involves providing academic assistance to
students via online platforms such as video conferencing, online whiteboards,
and chat. So, if you have expertise in a particular subject like maths,
science, accounts, or History, you can offer online tutoring services to
students worldwide.
Why You Should Start a Virtual Tutoring Business?
- High demand for academic assistance,
- Growing trend of online learning & technology,
- Minimal Investment,
- Internationally scalable.
What You Can Do?
You can start by creating a
website or listing your services on tutoring platforms. You could also start
this business on Social media by promoting your business; others can hire you
to tutor them.
4. Online Reselling
Online reselling is a business
model in which an entrepreneur purchases products in bulk from manufacturers or
distributors at a lower price and resells them at a higher price through online
marketplaces such as Amazon, Flipkart, Myntra, Meesho, GlowRoad, or own portal.
It is the Most Profitable Business in India with Low Investment and
earns high-profit margins.
Why You Should Start an Online Reselling Business?
- Wide range of products,
- No need to maintain inventory,
- Wider customer base to target,
- Opportunity to work from home,
- Easy to scale with new products.
What You Can Do?
You can start by finding products
in demand, negotiating the best price, and listing them on your online store or
social media platforms. Or you could create your own website and post your
products there so that your customers would buy your product easily at a low
price.
Check How social commerce & reselling can
become a winning combination.
5. Dropshipping
Dropshipping is an e-commerce
business model where you don’t need to hold any inventory. The dropshipping
business model is a retail business where the seller does not maintain physical
inventory. Instead, the seller takes orders from customers and forwards them to
the supplier, who then ships the products directly to the customer.
Why You Should Start Dropshipping Business?
- Flexibility to work from anywhere,
- High-profit margins,
- No need for inventory,
- Wide range of products.
What You Can Do?
You can set up an online store or
create a website and source products from suppliers who will ship the products
directly to your customers. All you need is a website, a reliable supplier, and
marketing skills to drive traffic to your store. You can also start this
business through social media. You could promote your products and generate
traffic for your website.
6. Real Estate Investing
Real estate investing is the first in our list of “Profitable Businesses in India.” It involves purchasing undervalued properties, which have the potential for appreciation or can generate rental income. Investors can make money through various strategies such as buying low and selling high, rental income, or through renovation and resale.
Similarly, you can invest in
rental properties, houses, or lands which will give you high returns. Real
estate investing can provide passive income and long-term wealth with the right
strategy.
7. Cloud Kitchen
Another Most Profitable
Business in India is starting a cloud kitchen. A cloud kitchen is a
restaurant model that operates solely for delivery or takeout orders. Cloud
kitchens do not have a physical dining space. It is a shared kitchen space
where multiple restaurant brands can operate from the same location. It helps
reduce the kitchen’s operational costs, such as rent, equipment, and staff.
Read
more about why Cloud Kitchens are the most profitable
business in India: Indian cloud kitchen market may reach $1.9 billion by FY26.
8. Print On Demand
Print on demand is another Best
Profitable Businesses in India. For example: you could buy t-shirts at low
prices from suppliers and sell them on your social media account and website by
giving customers print and demand service. Print-in demand is a profitable and
easy business idea if done correctly.
9. Franchise Business
If you are a brand lover and want
to start a business with low risk, then you could buy a brand franchisee by
checking their sales. Buying a franchise is a low-risk business idea; you don’t
need to start from 0. A franchise can make you profit quickly with a very low
risk of losing money. A franchise is a very profitable business idea that a
person can start. Some famous franchise models sell their franchisees- Chai
Sutta bar, Nike, Dominos, Levi’s etc.
10. Food Truck Business
Starting a food truck business can
be a profitable business idea. If you want to start a Food business, you can start
a food truck rather than a restaurant, especially in areas with high foot
traffic. You can offer a unique menu and provide customers tasty and affordable
food options. The food truck business is a low-investment business as compared
to restaurant businesses. The food truck business is a very profitable business
that can create profits in less time.
Conclusion
These were some of the most
profitable businesses in India. A person can start any of the top 10 profitable
businesses in India with high rate of profitability. To learn more about these
businesses in detail, subscribe to our website.
Frequently Asked Questions
1. Which business is the most profitable in India?
As per our research, the most
Profitable Businesses In India with Low Investment include social media
management, Dropshipping, Tiffin services, virtual tutoring, online bakery, and
delivery services.
2. Which food business is most profitable in India?
The most profitable food
businesses in India are Food trucks, Homemade food, cloud kitchen, and Tiffin
services.
3. What businesses are in demand and profitable?
The profitable demanding
businesses are E-commerce platforms, cloud kitchens, Urban landscaping,
Sustainable fashion, and Smart Home technology.
4. What business can I do with 50000 rupees?
Here are some of the profitable
businesses you can start with 50000 rupees: Online reselling, Social media
management, Tiffin service, Freelance writing, and Mobile repair service.
5. What is the fastest-growing business in India?
There are many fastest growing businesses in India that one can choose based on their interest areas. However, we can suggest the fastest growing industries which you can consider, such as Pharmaceutical Industry, Artificial Intelligence And Automation, Digital Marketing And Social Media, Automobile Sector, Fast-Moving Consumer Goods (FMCG) sector, and Other Sectors including Financial services, Food and Beverages, Textiles and apparel, and Travel and Tourism.
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