Best Business Ideas In Kerala – God’s own country, Kerala is a state located on the Malabar coast of India. Kerala is a beautiful state with rich culture, good food and a popular tourist destination in India.
In 2019, Kerala was included in the category of best startup ecosystem in India. Kerala, especially Kochi, is a hot spot for new startups, so it is also known as the financial and corporate capital of Kerala.
Best Business Ideas In Kerala
If you are a young entrepreneur thinking of starting a business in Kerala but are confused about which business to start then you have come to the right place.
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The KSUM (Start-up Kerala) mission is a government policy to promote start-ups and make Kerala an investor-friendly state.
Kerala has shown strong economic growth in the past years. It also has a large number of qualified and semi-skilled employees which makes the recruitment process a little easier.
With 100% literacy rate and 100% digital, it is easy to find educated employees and if you want to do your business online, Kerala has a wide online presence due to 100% digital rate.
Compared to other states, Kerala has relatively low property costs and rents are also cheaper.
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Labor wages are also low in Kerala, which is perfect for starting a new business with less investment.
Kerala has extensive railway lines which keep Kerala well connected with other states of India. It also has numerous ports and airports.
These were the 5 reasons that make Kerala the best place to start a business, now let’s move on to the list of 10 small business ideas in Kerala.
Kerala is a very beautiful place that attracts many tourists from all over the world every year.
Top 10 Successful And Profitable Small Business Ideas In Kerala
Tourism in Kerala contributes 13% of the state’s GDP. With that being said, the tourism business in Kerala is very lucrative. You can work as a tour guide or open a small place for travel services, you can also set up a website that offers services like ticket booking, hotel rental, etc.
Kerala has a monopoly when it comes to lemongrass oil production, 100% lemongrass oil is produced and exported from Kerala, which is a very good small business.
Banana chips are the signature snack of Kerala. Bananas are grown in abundance in Kerala and turning them into chips is a simple process.
Starting a small business that manufactures banana chips in Kerala is a very profitable business. Banana chips are always in high demand and people usually prefer Kerala made banana chips.
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Kerala is known as God’s own country, so what better small business than making agarbatti in Kerala? Agarbatti production requires labor which is readily available in Kerala and that too at cheap rates.
Kerala has Ayurveda treatments that tourists love. Tourism in Kerala is a very booming business and no tourist leaves Kerala without Ayurveda treatment. This treatment is very relaxing and relieves people from stress.
You can open an Ayurvedic salon which requires very little investment but is very profitable.
Coconut is a staple of Kerala. You can find coconut trees everywhere in Kerala. This also makes Kerala famous for its coconut products like cookies, butter etc.
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With the abundance of coconut available in this state, you can start any small business that manufactures coconut products and earn income.
Kerala is also famous for its beaches. Tourists come to the beach for fun and also for sunbathing.
Beachwear is a very popular type of clothing that is suitable for beaches. It doesn’t matter if it’s a man or a woman, everyone wants a good pair of beach shoes. You can start a beachwear store or you can also manufacture beachwear, both of which are very profitable business ideas.
Kerala is famous for Balarampuram sarees. But they are manufactured only in Balamuram. You can open a store that sells this type of head or you can also set up an online store if you want to expand your business worldwide.
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Sarees and gold are associated with prosperity in Kerala and opening a saree shop is a very profitable business idea in Kerala.
India is famous for spices and so is Kerala. Kerala spices are famous all over the world, keralite pepper and cardamom are some of them. Tourists are very interested to know what species are used in their food and are always interested in buying them.
Kerala is famous for home decorations, especially DIY decorations. Locals of Kerala are very professional in using things available around them and turning them into home decor. Coconut shells, wooden spoons, wind chimes are some examples.
Setting up an offline home decor store is a good business idea, you can also spread your business worldwide by setting up an online store.
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Kerala is a very good place when it comes to startups and business. New businesses are also growing in Kerala as they are supported by the government.
Starting a startup is expensive, of course, with risk. It doesn’t matter if your startup is small or big, Kerala is the perfect place for it. The state attracts a large number of tourists every year, which helps all business owners.
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Everyone dreams of entering the world of entrepreneurship and they intend to do so by trying their hand at some low budget business. These ventures, if done right, can bring them huge profits with the least chance of failure. So today in this article, we are giving all our readers some great business ideas that can be started with a small budget of INR 25,000 to 50,000 or USD 400 to 800.
With that being said, we promise you that you will inevitably make a lot of money if you start one of these businesses with your own efforts. We highlight the Indian currency, but our article is suitable for trading in any currency, country, region or race, so you can start your business anywhere, anytime. The best part about this business is that you can start them as a part-time business and turn them into full-time after the deal is made.
Take a look at the list of business ideas that you can choose from if you have a budget of around 25 to 50 rupees.
Shopify is an e-commerce platform that gives online retailers and sellers a place and tools to create e-commerce websites with a variety of attractive designs. It facilitates this process by allowing users to create an account on Shopify and sell various products. This site has direct contact with many sellers who buy products from popular sites and sell them on their Shopify website. An important element of care is that shipping is only done by these online sellers.
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Selling products on Shopify is a lucrative option for new entrepreneurs looking for online business ideas. Here, businesses can sell their products or they can choose from the millions of products available in Shopify’s showroom. Let’s say a business owner selects 10-15 products from a particular site, puts them at a higher price, and sells them by attaching those products to his website. When a customer buys one of these products, they are actually buying the product listed on the site from which the product was selected. He just needs to promote his product on different channels, either through social media or through Google Ads. Shopify handles the rest.
However, billing and trading is done on your website. So the customer is actually paying for their website on Shopify. After the delivery, the entrepreneur receives his commission within a month. On the other hand, if an entrepreneur chooses from his product range; in this case, the delivery will be in the hands of the entrepreneur only.
For a tight budget of up to Rs 50,000, an entrepreneur can buy bulk products directly from the manufacturer for a fixed amount and then sell these products online at a higher margin on various e-commerce players. These products can range from small things like speakers and headphones to something big like furniture. Referral fees for selling on Amazon range from 6% to 20% of the sale price.
For pro sellers, Amazon’s monthly plan is available for $39.99, while it’s free
