Top 10 Business Ideas In Chennai – Ellorukkam Vanakkam! Your search for the best business ideas in Chennai is only here as we bring you a list of top 13 businesses to start.
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Top 10 Business Ideas In Chennai
Chennai is the sixth most populous city in the country and the capital of Tamil Nadu. This is a strong economic center where there is a large field of new businesses to mushroom.
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With several ports on the main Chennai coast, the city is also known as an industrial hub. According to FICCI, Chennai ranked fourth in total tax collection at INR 74,000 crore between 2018 and 2019.
It also said that the automotive, electronics, information technology, and information technology-enabled services (IT-ITeS) sectors are the three pillars of Chennai’s economy.
With a revenue of over USD 18.51 biln, the IT-IteS sector has generated direct employment of over 4, 00, 000 people in Chennai. The city also attracts about 45% of the health tourists who come to India and is known as the “Health Capital of India.”
Chennai has done very well and grown in all sectors in the last few decades which has also led to many business opportunities for anyone who wants to start their own business.
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Chennai is famous for many things. From Chettinad cuisine to arts and culture and tourism, the region is always buzzing with people.
Apart from this, the city is also known as a leading industrial center and is ranked 14th in the 2019 state ranking of ease of doing business in India, according to the Department of Industrial Promotion and Domestic Trade, Government of India.
The special economic zones (SEZ) policies in Tamil Nadu are one of the key areas of activity for the city as it ranks high in the parameters listed for export-oriented businesses due to its business-friendly policies.
Chennai has airports, metros, ports, and a well-developed road network and these are all the factors required to promote the growth of industries located in Chennai. Strong infrastructure has managed to place the city among the best industrial hubs in India.
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There is a wide availability of skilled resources in Chennai as there are a number of educational institutes established along its shores over the years.
Labor found in Chennai is 10% to 30% cheaper compared to other big cities like Bengaluru, Pune, or Delhi NCR.
The state government has been supporting businesses over the years. The procedure and rules required to set up and run businesses are easy in Chennai as compared to other cities.
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One of the best ways to get into business is to sell various products and services in a franchise model business.
Approach a large brand with multiple chains and you can buy their franchise to open one of your stores. From national to international brands, you can work with some of the biggest names in the business.
Although this is a competitive industry, you will get to make a lot of money. One of the most profitable and popular business models in the food business can be expensive at first. This is definitely one of the best business ideas in Chennai.
Being a big city, people of Chennai are always looking for a good cafe where they can just relax and enjoy good food with their friends and family.
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There are many cafes in the city right now that are doing very well and that is why it is one of the best ideas in Chennai to work at. You too can enter the industry and have something of your own. Choose a good place in a cool place.
Make beautiful interiors and focus on great staff and a refreshing menu that caters to all kinds of cravings people have. You can also offer home delivery, and pick up and build a strong social media presence to get more customers.
There is a lot to see and explore in and around Chennai. From visiting some of the most famous heritage sites to having a great time shopping for textiles and traditional items and indulging in authentic local food, people come to Chennai for certain reasons. You can check Templates to manage your taxi and transport business.
You can decide to enter this field in one way or another. You can be a tour guide who sells well-curated tours based on people’s various interests and sells them to companies and tourists or a travel agent who manages reservations, reservations and other important things. This is definitely an interesting industry where you have the opportunity to meet a lot of people.
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Make the most of your talent by entering the event management business. If you love organizing parties, decorating spaces and managing things, then this is the business for you.
Today, people are interested in celebrating even the smallest days and events in a grand and grand manner. You can start small with birthday parties, anniversary celebrations and dinners and gradually move on to bigger events like weddings and corporate events.
Or maybe pick a niche for yourself and stick to that. For example, if weddings are your thing then you can get into it as there is a lot to manage in weddings and they consist of many events.
The event management industry is one of the best where people don’t hold back from spending A LOT! So this makes it a very profitable industry.
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Opening a food shop or restaurant is one of the most popular business ideas in India, especially in the South. From different types of dosas and idlis, and biryani to spicy Chettinad food, this is the place to eat. So tourists are always looking to try to find a place with the most authentic food.
If you know how to cook delicious local food, you can start your own kitchen either at home or find a place to rent.
Or you can find a talented chef who makes delicious local food and gives people what they want. Remember to make every dining experience truly local and authentic.
Run your food business in your own language. available in 10 Indian languages including Tamil, English, Hindi and 7 other languages.
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Today it’s about taking well-made photos almost all the time. Whether it’s birthdays, weddings, pre-weddings, baby showers, pregnancies, family portraits etc, there is always a need for a photographer who can capture these beautiful moments in raw and authentic ways.
So get your camera and start looking for clients online or contact various event management companies and you can work in partnership with them. This is definitely one of the most profitable small business ideas in Chennai.
Today people are always looking for authentic experiences that give them a taste of local culture. If you have a nice house or an empty home, you can turn it into a BnB and open it for tourists visiting Chennai.
Today people are looking for an authentic experience that can give them a taste of the local culture which is why BnBs are one of the most common places people want to stay. If you don’t have an empty house, you can list one room in your house as a BnB and invite people to stay.
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With a lot of tourist footfalls in the state, this is your best bet to enter the industry and make good money. It doesn’t require a lot of work and you can make all the decisions about who doesn’t stay.
As people are busy with their work and do not have enough time to take care of their homes, they always look for a house helper who can help them manage their homes.
With a huge shortage of efficient, good and reliable domestic help, people’s needs are not being met. You can go into business starting a housekeeping service where you can provide people with the kind of help they want. This service to help and make people smile makes this concept on our list of top business ideas in Chennai.
With this, the most important thing you need to do is to make your local network strong to find people who are looking for similar jobs, train them well and make them professionals and spread the word and earn money. To do this in Chennai, you definitely need to speak the local language.
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People love to take care of pets and south Indian people really love animals and keep pets which makes this sector a clear opportunity for one of the best business ideas in Chennai.
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