Best Business Ideas In India With Low Investment – The retail industry in India has emerged as a fast-paced industry due to many new retailers. Retail trade in India accounts for 10% of GDP and 8% of employment. India is one of the top 5 retail markets in the world in terms of economic value. It is one of the fastest growing retail markets in the world.
Every day, people demand goods and they explore shops or hotels nearby. The retail business is the most profitable business in India with low and moderate investments. So people with low or moderate capital investments can focus on small or medium retail stores for high profit margin business in India.
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Retail is when a business sells a product or service to the consumer for his/her use. A retailer sells the product at a higher price than the wholesaler. Retail business can be considered as grocery stores. Service-related businesses such as beauty salons and rental properties are also considered retail businesses.
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Kirana Store is one of the most profitable retail business in India. India has a huge population and a grocery store is a must in every place. Every household requires basic supplies and the grocery store sells items such as soaps, spices and food, etc.
It is important to get the items you want to sell in bulk from the wholesaler at a lower price. This will help you get the product ready at a competitive price.
Opening a stationery and bookstore is a profitable and best retail business that does not require special knowledge. Different types of story books, DVDs, school books and stationery can be stacked in a stationery store.
Your retail store should be a final stop for all school children’s books or accessories. You can also stack some educational gadgets or toys that other retailers don’t provide.
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The advantage of this business is that you do not require special knowledge. India has the largest agricultural market in India and fruits are a primary product. If you decide to sell fruit, you must list the category of fruit according to supplies.
A flower shop is by far one of the most profitable businesses if you establish your business well. Many hotels require flowers daily for their offices, so if you tie up with a hotel or offices, then your profit margin will shoot up to 80%. You can also stack your store with some artificial flowers and gifts for extra profit.
If you are good at tailoring and making a suit perfect for others, then this business is for you. You can also set up your business at home and change clothes. This business requires a small capital investment.
Tebudo is a great low investment business. Indians love tea so if you set up your stall outside colleges or offices then your profit will be high. Many offices also have contracts with the tea stalls for supplying tea daily to their offices.
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Agriculture is the most important sector in our economy. Many farmers require good quality seeds for their plants. When selling seeds focus on the quality of seeds as this will increase the demand for your seeds. If you live near a village or an agricultural area, you can seize this opportunity.
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There is no doubt that the drug store is the most profitable retail business. People often require medication during an emergency or illness. A medical store earns a profit up to 60,000-80,000 by investing 3-4 lacs in medicines. If managed correctly, medical stores can earn huge profits immediately.
However, it also depends on the type of drugs sold by the medical store in terms of how much profit it can earn. On average, the owner of the pharmacy earns up to 20-25% per daily sale.
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Saree is very popular and one of the best retail business in India and is worn by all segments of the market. If you are looking forward to start your own saree business, visit some local shops to understand the trend in the market. Normally a good banarasi saree is very popular across India.
Decide what type of saree you want to sell, there are many varieties in Indian sarees that are very popular.
Opening a gift shop in India requires serious planning and execution. The profit margin in running a gift shop is thin so there is less room for mistakes. The gift shop contains mostly personal and corporate gifts. You can also add gift cards to increase your sales.
The demand for cosmetic products is increasing not only women, but also men, are aware of their appearance. If you have an understanding of the cosmetic business and have the capital investment, then this business is for you.
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Pastry shop in India is a booming industry which is growing rapidly and is also becoming a high margin business in India. Many entrepreneurs come up with their own production units and catering in home industry. You need to have proper packaging and marketing to boost your sales.
Perfume is the next evolution of how people represent themselves. Perfume business requires moderate capital investments. You can also sell perfume from home as it will not require much investment.
A sweet shop is a profitable retail business in India because the sweets are produced in large quantities which require less investment. You can price the sweets reasonably because there is no set rate. you can also open a food shop to increase your profit.
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Coffee shop is the most profitable retail business in India but it requires heavy investments. Running a coffee shop business is not easy, you require positive cash flow and high sales to keep it going. The profit also depends on the location of your shop.Coffee Shop is One of The Best Commercial Business in India Investment- INR 10 to 20 lakh Profit Margin- 20% to 80% 2. Ice Cream Parlor Ice cream is loved by every age group. and is a very popular food. You can either consider opening your own brand which is quite difficult or you can consider starting a franchise for other famous brands as it is also a high margin business in India. Investment- INR 5 to 10 lakh Profit Margin- 40% 3. Fast food restaurant Fast food restaurants are really famous in India and are already crowded. This business is one of the highest profit margin business in India. If you are planning to open a fast food restaurant in India. Do a market survey of different restaurants – how they operate and manage their restaurants, the investments and profit margin. Investment- 10 to 50 lakh Profit Margin- 40% 4. Car wash The car industry in India is very promising and the vehicle population is also growing. Owning a car wash requires proper planning and huge investments up front. The car wash zone is a very profitable retail business in India. Investment- INR 25 lakh Profit Margin- 40% 5. Two-Wheeler Showroom Currently, the Indian motorcycle market has double digit growth in sales. Opening two-wheeler dealerships is a profitable business for young entrepreneurs. If you are planning to open a two-wheeler dealership, you need a solid capital investment in hand. This business requires serious hard work and you must have the proper knowledge of the business model. Investment- INR 30 lakh to 50 lakh Profit Margin- 30% 6. Beauty Salon This business is the best retail business for women entrepreneurs who have the right knowledge. You can also open your salon in your home as this will save a lot of capital. Investment- INR 15 lakh to 30 lakh Profit Margin – 10% to 20% If you are a woman entrepreneur looking to inaugurate your own business, Don’t Worry We have you covered. Check out Best Business Ideas for Women. Best Business Ideas for Women Women [/tag/women-entrepreneurs/] have entered many fields and industries that they were absent in the past. They have been breaking through the glass ceiling for quite some time now, and there are many professions in which they occupy and excel. In this article, we will look at this… Ashwini 7. Restaurant The food restaurant is one of the best. retail business in India. you must do an investigation before starting the business. This business requires high capital investment and also the highest profit margin business in India. Also choose the menu and rate properly before starting the business. The Food Restaurant is One of the Highest Profit Margin Businesses in India Investment- INR 15 lakh to 30 lakh Profit Margin – 15% to 20% Marketing is
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