22 Small Business Ideas in India with Minimum Investment - Startup Wonders (2023)

Many passionate young Indians always have a question in mind thatwhat are best small business Ideas in India?they can start and earn money. This article will help you in finding a profitable small business idea easily. Whether you want to work full time or part time, you will get insights in details.

Here are 22 very good business ideas with low investment and high profit. On the positive note, I believe that all thesesmall business ideas in India can be launched under ₹1,00,000.

1. Meal Services

Venturing into the food industry has been profitable for ages. Statistics show that food businesses enjoy gross margins of 50 percent or above.

And Tiffin services are in high-demand due to various factors including lack of service providers, poor quality food by current suppliers and lack of variety in taste.

Tiffin startups like FoodAbhi, iTiffin and some more had raised fundings in the past. The unorganized food industry in India stands at $360 billion holding a lot of opportunities.

And the most important thing is that it is one of the leading small business ideas from home. You can just avail the business opportunity by buying the kitchen equipment, a bicycle for delivery, and raw materials for cooking.

Meal services to corporates can be a good small business idea in India for women. As employees migrate from various cities and crave for home cook healthy and tasty food.

Minimum Investment – ₹50,000 initially
Space Required – Home-based to start off
Location Preference – Near student hostels, corporate apartments and offices.
Marketing Requirement – Traditional including Word of Mouth, Door to Door, Hoarding, Flyers & Posters.

2. Street Food Joint

As earlier mentioned, unorganized food sector in India has strong demands for small players to cover the unmatched demand growing day by day.

You must have noticed how those small breakfast joints in your area are almost filled with customers.

If you walk around Old Delhi, you can find a lot of street food vendors earning lots of money with monthly revenue of more than ₹1 lakh.

To open up your own breakfast joint, you need to invest money in renting a space for it, after having received apermit for it from the respective authorities.

If your rent is within Rs 5000 a month (you can get a good space in tier 2 cities in this range), you can dedicate the rest of your budget on buying groceries and other raw materials.

As for furniture, second-hand tables and chairs can be bought to meet the demands. Interior decoration should be decent and you can do it all by yourself. Keep in mind, the secret behind a successful food joint is in the order: Hygiene and Taste.

Minimum Investment – ₹20,000 initially
Space Required – 80-100 sq. ft.
Location Preference – Front Facing shop in student or corporate areas.
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters.

3. Aquarium & Fish

Fishes not only serves as a staple diet to 70 percent people in the world. But, it also acts as an ornament. A living ornament used by corporates to decorate office spaces, restaurants to enhance the ambience and by home-owners to retouch their sweet living spaces.

Our study shows that this sector is largely unorganized and gross margins are high as 80-200 percent.

Some aquarium retailers even enjoy margins of 500 percent. You can offer your products like aquarium, fish and fish supplies and services for aquarium maintenance if you too are a fish lover and know how to deal with fishes.

You can easily buy and import fishes from places like Kolkata, Mumbai and major cities of southern India.

If you search it on search engines, you can find a ton of information around this business. You need to rent out a small space to showcase some of the products.

It is a ggod business opprtunity as it has very little competitors.

Minimum Investment – ₹50,000 initially
Space Required – 100-150 sq. ft.
Location Preference – Front Facing shop in retail and consumer-centric areas.
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters.

4. Bakery & Confectionery

While names likeGaylord, Yazdani Bakery, Lucky’s Bakery & Patisserie, 31 De Janerio Confeitaria, German Bakery,Royal Bakery,Marz-O-Rin and Krishna Bakers have taken years of hard-work, recruitment, and funding to reach where they are today, it only shows thatmarket is ripe for baked foods.

The reason behind that is simple. Baked food is tasty and the skill required is high. So none of the Indian family bakes bread at their homes.

You can start your baking business by renting a space, buying kitchen equipment and supplies, hiring a good baker and boom. Average margins stand somewhere between 25 percent to 75 percent on cakes and other items.

Minimum Investment – ₹1,00,000 initially
Space Required – 150-200 sq. ft.
Location Preference – Front Facing shop in retail and consumer-centric areas.
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters.

5. Airbnb

While many of you might be knowing about this awesome website. Airbnb is an American company which operates an online marketplace and hospitality service for people to lease or rent short-term lodging including holiday cottages, apartments, homestays, hostel beds and more.

You can rent a 2 BHK flat and list it on Airbnb. If you own a home, you can save the rent. Travellers from all around the world will book your place at around ₹2,000-₹7,000 a day depending on the amenities and location.

Say if you are based out of Bengaluru, you can rent a 2BHK flat at somewhere around ₹15-18,000 at a decent location.

People travelling to Bengaluru will pay you around ₹3,000 for a night at your location. Additionally, if you provide amenities like breakfast, geyser, press, laundry and more, the rent could go up to ₹5,000.

And even if your room is occupied for 15 days in a month, you earn somewhere around ₹45,000 to ₹75,000.

Deducting your rent, you can save ₹25,000 to ₹55,000 easily. You can expand your business by expanding the number of rented apartments.

Minimum Investment – ₹20,000 initially
Space Required – 500-800 sq. ft.
Location Preference – Decent and in-city localities.
Marketing Requirement – None. Airbnb does the job for you.

6. Event Planner

Aha! This one is on the top of my small business ideas list. I myself do a lot of event planning work and some of my relatives are into it full time.

You just need a decent office at some good location with great looks and interiors. And, connections with banquets, caterers, florists, tent houses, and others.

Businesses done are in credit. A customer visits your office for some requirements. You already know the rates, and all you do is prepare a quote and give to the customer.

You charge the customer the total fees plus your margin. They pay some amount in advance. You finish the job. They pay you the rest amount. You pay the vendors and pocket a good margin.

These kinds of consultancy services experience heavy bookings in January to April due to an increased number of marriages. The rest of the year can be spent doing corporate events, birthday parties and celebrity events (if you gain experience).

Minimum Investment – ₹50,000 initially
Space Required – 100-150 sq. ft.
Location Preference – Front Facing shop in retail and consumer-centric areas.
Marketing Requirement – Digital Marketing and Traditional including Word of Mouth, Flyers & Posters, Newspaper Ads and more.

7. Water Jars

If you are living in a rented space in some metro, I bet you must be using the 20-litre jar for drinking water. And paying somewhere around ₹20-₹50 depending on the city you live. Pumping and filtering water is one of the best profitable businesses in India.

You need a rented space, some machinery that would cost you around ₹75,000 and some water jars. If the electricity rates are ₹7 per unit, your cost of filling a jar comes somewhere around ₹0.30 (30 paise). And it sells for a minimum of ₹10.

The city where I live (Ranchi), a water dispensing outlet sells around 500 jars a day clocking the profit to be around ₹5,000 a day. If you are a good businessman and know how to bring B2B customers, you can easily earn a huge profit from this business. And in the summer, the profits skyrocket.

Minimum Investment – ₹1,00,000 initially
Space Required – 100-150 sq. ft.
Location Preference – Near residential societies or neighbourhood.
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters.

8. Food Truck

Prem Ganapathy, one of India’s richest entrepreneurs, had begun his business by marketing and selling idlis and dosas from a hand-cart opposite Vashi station, that he rented for one hundred fifty rupees a month. And whereas the hand-cart has been replaced by a series of luxury restaurants across the planet, it had been the rationale for his eminent success these days.

Food trucks provide an equivalent quite potential to those trying to induce into low-cost-high-returns business, considering their growing attractiveness among the urban lots these days. Bengaluru even had associate all-women food-truck company, 7 Sin, that has been doing passing well since.

As for the initial prices, the sole issue that those trying into this have to be compelled to wager on is to rent a durable food-truck for a nominal fee and to pay the pay of a driver, UN agency is needed to drive it through all the favoured hot-spots within the several cities.

Minimum Investment – ₹5,00,000 initially
Space Required – Parking.
Location Preference – Retail and consumer-centric areas.
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters and digital including SEO and Ads.

9. Cheese Manufacturing

Indian Cheese market is expected to show double-digit growth. Processed cheese market in India is expected to grow to above average CAGR that includes products such as slices, cubes and slabs. Processed cheese segment is well organised and has several Indian and International players.Some of the major players in the Indian cheese market are Gujarat Cooperative Milk Marketing Federation, Britannia industries, Amul, Britannia Dabur are the leading players. Other players are Verka, Nandini, Vijaya and Vadila

Minimum Investment – ₹50,000 initially
Space Required – 100-150 sq. ft.
Location Preference – Front Facing shop in retail and consumer-centric areas.
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters.

10. Beauty Saloon

The Indian men’sgroomingmarket is seeing a development of in excess of 42 percent over the most recent five years. The development is speedier than the development rate of the aggregate individual care and magnificence industry in India.Beauty is viewed as one of the old stylish characteristics in people, however, every quality requests some measure of speculation and sustaining to infer the best out of it.

The magnificence retail industry is developing at a quick pace and this article discusses its current patterns and advances as examined with two noteworthy players of the business, the Body Shop and Evokes spa.

You can start your professional beauty saloon given that you have completed a course in beauty treatment from some decent institute. The gross margins are high and even goes to 1000 percent.

Minimum Investment – ₹2,00,000 initially
Space Required – 200-250 sq. ft.
Location Preference – Front Facing shop in retail and consumer-centric areas.
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters and Digital including Ads and SEO.

Small investment business from Home

The below are some creative small business ideas which can be started from home. If you are looking forsmall business ideas in India for women orhow to start a small business at home, these may help you. So here are some profitable home based business ideas.

11. Cryptocurrency Mining

Mining cryptocurrency is a weapons contest that prizes early adopters. You may have known about Bitcoin, the principal decentralized cryptographic money that was discharged in mid-2009. Comparable computerized monetary standards have crawled into the overall market from that point forward, including a turn off from Bitcoin called Bitcoin Cash. You can get in on the digital money surge in the event that you set aside the opportunity to take in the essentials legitimately.

As an interesting wander, indeed, cryptocurrency mining can produce a little pay off maybe a dollar or two every day. Specifically, the advanced monetary standards said above are exceptionally open for general individuals to mine, and a man can recover $1000 in equipment costs in around 18 two years.

As a moment wage, no, cryptocoin mining isn’t a solid method to profit for a great many people. The benefit from mining cryptocoins just ends up huge when somebody will put $3000-$5000 in advance equipment costs, at which time you could conceivably acquire $50 every day or more.

Minimum Investment – ₹75,000 initially
Space Required – Home Based
Location Preference – None
Marketing Requirement – None

12. Freelancing

If you are good at some skills to say graphic designing, content writing, ghostwriting, ad management, video editing, photography or anything else, you can earn a decent recurring revenue outsourcing your skills to the people in need.

Online marketplaces like Fiverr, Upwork and Truelancer can help you sell your expertise to people in need. Although, it is not as easy as it seems for beginners. Once you get your first order and get a good review, people start buying your services.

With a minimum dedication of 5-6 months in this field, you can rank yourself on the top of the charts given that you follow certain guidelines. You can also sell your expertise by joining various online Facebook groups and marketing yourself through different social media channels.

Minimum Investment – ₹5,000 initially
Space Required – None
Location Preference – None
Marketing Requirement – Digital

13. Cooking Classes

Cooking classes are a hit among the urban masses since taste is something that interests to everybody. As an expert cook, you can lead cooking classes both on the web and brick & mortar.

Minimum Investment – ₹10,000 initially
Space Required – 100-150 sq. ft.
Location Preference – Anywhere
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters and Digital including ads and SEO.

14. Dropshipping

With drop shipping, store owners can sell products to their customers without actually stocking the items themselves. Drop shipping isn’t something new. Zappos started dropshipping back in 1999.

Amazon and Sears use this business model, too. If big names don’t catch your attention, look at the regular guys making their way and sharing theirstories as drop shippers on Reddit. Nowadays,up to 33%of the entire e-commerce industryuses drop shipping as a primary inventory management model.

So, you just create an online store and find some products to list on the website.

Minimum Investment – ₹10,000 initially
Space Required – None
Location Preference – None
Marketing Requirement – Digital Marketing.

15. Blogging

This is perhaps a standout amongst the most lucrative fields to take advantage of in the computerized age. Proficient blogging requires just an insignificant start-up cost. You just need to put resources into an area name and facilitating space – at first at any rate – which in its ‘boundless’ limit costs a most extreme of generally Rs 10,000.

With respect to advancing your websites through the correct channels, the without a cost and boundless breadth of the web is all you require. Blogging is the ultimate source of recurring revenue if done right.

Minimum Investment – ₹10,000 initially
Space Required – None
Location Preference – None
Marketing Requirement – SEO & Facebook Ads.

16. Ad Management

You can start your own Ad management firm and help people get online. If you go out today and try to talk to small business owners, you will realize that most of them are willing to go digital, but are unaware of the processes. And there is no single channel where they can get the answers to all their questions.

If you are smart enough and have some sales skill, you can easily convert those small business owners as your clients. Just charge them, a fixed percentage of ad budget. But, this business requires you to possess digital marketing skills to sustain.

You can also use freelancing marketplaces like Upwork, Freelancer or micro gigs platform like Fiverr to get customers.

Minimum Investment – ₹10,000 initially
Space Required – Online (However, a good office helps you get offline customers; 100-150 sq. ft.)
Location Preference – Anywhere in commercial areas.
Marketing Requirement – Digital including ads & SEO. Traditional including Word of Mouth, Flyers & Posters.

17. Youtube

Youtube videos can help you make good money. However, Youtube recently announced an update saying that monetization will now be restricted to channels with overall 10,000 views or more. But, that’s not an issue.

If you can’t get more than 10,000 views on Youtube, you cannot earn on Youtube. The most important thing when you want to make money on Youtube is that you must be unique, consistent and relevant.

Typically, you can start with ₹10,000. Posting on Youtube is absolutely free, but you will be needing money to run ads for some of your videos for the initial push. Learn keyword research, Youtube SEO and virality indices to rank your videos higher.

Minimum Investment – ₹10,000 initially
Space Required – Online
Location Preference – Online
Marketing Requirement – Digital

18. Flipping Websites

Flipping websites simply mean buying some website at a price, renovating it and then selling it at a higher price. It is just like buying and reselling a real estate property. Websites like Flippa can help you do that.

You can start as low as ₹5,000 and buy any website that you think can give you a higher price. But how to know that? Research, and research a lot.

Read as lot many articles as you can on the topic, to get aware of the market trends and future predictions. You might not want to buy a static PHP website with 5 pages to resell. Read case studies so that you can get help from past experiences of others.

Minimum Investment – ₹5,000 initially
Space Required – Online
Location Preference – None
Marketing Requirement – Digital

19. Home Tutoring

It may seem very traditional but it is one of the most prominent, promising, respectable and easy sources of income. The revenue is low. But, it is easy to start. You can get started by printing some flyers for ₹500 and distributing with some newspaper for another ₹200 (local newspaper distributor/vendor will help).

You will start getting calls by the evening as home tutors are in high demand. Once you get your first student, word of mouth will work like a golden hen. You can charge somewhere between ₹3000-5000 depending on the class, time given, subjects and city.

Minimum Investment – ₹1,000 initially
Space Required – Your room
Location Preference – Your personal residential home/room
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters.

Best business ideas in India with medium investment

The below small business ideas require some capital to be invested. Hence, these are best business ideas in India with medium investment and are profitable.

20. Property Reselling

We have talked above about website reselling. Just like it, you can start your property reselling business. However, it requires some capital to be invested in marketing as well as buying properties. While 90 percent of people in this field starts with around ₹5-10 lakhs but the rest 10 percent use drop shipping in the business.

It is complex as it requires a lot of paperwork and has certain legal obligations. But, you can find someone who wants to sell his property and then you find a client who wants to buy the property. And you earn by charging commissions. It’s more like a property dealer.

Minimum Investment – ₹5,00,000 initially
Space Required – 100-150 sq. ft.
Location Preference – Front Facing shop in retail and consumer-centric areas.
Marketing Requirement – Traditional including Word of Mouth, Flyers & Posters.

21. Massage Therapy Center

In the recent years, Spas and Massage centres have increased in numbers significantly. With people advancing towards development and becoming more sophisticated than ever, the beauty and glamour industry is booming at a pace it was never boomed before.

Spas have a very high-profit margin and you can start it by renting out space, buying furniture and equipment and designing the interior very elegantly.

You can start your own independent brand, or just contact some big brands for Franchise. While big brands may hurt your pocket initially, but in the long term, they give better returns and high-profit margins.

Minimum Investment – ₹5,00,000 initially
Space Required – 500-750 sq. ft.
Location Preference – Front Facing shop in retail and consumer-centric areas.
Marketing Requirement – Digital including SEO & Ads & Traditional including Word of Mouth, Flyers & Posters.

22. Gym

The same goes for the Gym and Fitness industry as with the Beauty & Glamour industry. Both are synonymous and works like a charm in conjunction. Opening a gym can be a little too expensive as the cost of equipment, machines and weights are high.

To open a decent gym you must get all the equipment required. Instead of buying 2 treadmills, you can buy a treadmill and a spin bike, to be more variable. Remember, variety works in the gym business very well.

Minimum Investment – ₹5,00,000 initially
Space Required – 500-750 sq. ft.
Location Preference – Front Facing shop in retail and consumer-centric areas.
Marketing Requirement – Digital including Ads, Influencer marketing and SEO. Traditional including Word of Mouth, Flyers & Posters.

Some More Creative Small Business Ideas to Satisfy Your Brain

While the above is a great and effectivesmall business ideas list, some of you may still behow to start a small business at home or how to start a small business without money.

So here are some oftop 10 small business ideas for you all. All of them are categorized to queries searched on Google.

Upcoming business ideas in India

Here are some of the upcoming business ideas in India:

• Coffee Mugs with Biscuit Pockets,
• Garbage Bin with Free WiFi,
• Healthy Fast Food Restaurant,
• Heated Butter Knife,
• Laser Keyboard,
• Moss Carpet,
• Online Clothing Rental,
• Pollution Protection Mask,
• Self Stirring Mug,
• Yoga Mat.
• Unusual Ice Creams.

Small business ideas in India for women

• Affiliate marketing
• Basket Weaving
• Beauty Parlor
• Start a Blog
• Book Keeping
• Boutique Store
• Candle Making
• Card Making
• Craft Store
• Crochet Knitting
• Fashion Designing
• Fitness Center
• Interior Designing
• Jewellery Making
• Landscape Designing
• Mobile Facial Spa
• Soap Making
• Virtual Assistant
• Wedding Planning

Manufacturing business ideas in India

• Herbal Hair Oil. …
• Papad & Sago Fritters. …
• Exotic soaps. …
• Handmade Chocolates. …
• Cookies and biscuits. …
• Cottage butter, paneer and ghee. …
• Manufacturing Incense sticks/ Agarbatti.