Best Business In India To Start With Low Investment – Retail industry in India has emerged as a fast paced industry due to many new entrants. Retail business in India accounts for 10% of GDP and 8% of employment. India is one of the top 5 retail markets in the world by economic value. It is one of the fastest growing retail markets in the world.
Every day, people need things and explore nearby shops or hotels. Retail business is the most profitable business in India with low to moderate investment. So people with low or moderate capital investment can focus on small or medium retail stores for high profit margin business in India.
Best Business In India To Start With Low Investment
A business selling a product or service to a consumer for their use is called a retail business. A retailer sells more of a product than a wholesaler. Retail businesses can be considered grocery stores. Service-related businesses such as beauty salons and rental spaces are also considered retail businesses.
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Kirana store is one of the most profitable retail businesses in India. India has a huge population and a grocery store is a must in every region. Every household needs basic supplies and the shop sells soaps, spices and food items etc.
It is important to get the goods you want to sell in bulk from a wholesaler at a low price. This helps you price your product competitively.
Opening a stationery and book store is a profitable and best retail business that does not require expert knowledge. A variety of story books, DVDs, school books and stationery can be stocked in a stationery store.
Your retail store should be your last stop for all your school books or accessories. You can also stack some educational gadgets or toys that other retailers don’t carry.
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The advantage of this business is that you do not need special knowledge. India has the largest agricultural market in India and fruits are the primary product. If you decide to sell fruits, you should choose the category of fruits according to the supply.
A flower shop is one of the most profitable businesses if you establish your business well. Many hotels require flowers for their offices every day, so if you tie up with the hotel or offices, your profit will increase up to 80%. You can stack your shop with some artificial flowers and gifts for extra profit.
If you are good at tailoring and making perfect clothes for others, this business is for you. You can also set up your home business and change your clothes. This business requires little capital investment.
Tea stall is a great business with low investment. Indians love tea so if you set up your stall outside colleges or offices your profit will be high. Many offices also have agreements with tea stalls for daily delivery of tea to their offices.
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Agriculture is the most important sector of our economy. Many farmers need quality seeds for their plants. While selling the seeds, focus on the quality of the seeds, which will increase the demand for the seeds. If you live near a village or an agricultural area, you can take advantage of this opportunity.
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There is no doubt that drug store is the most profitable retail business. People often need medication during an emergency or illness. A medical shop can make a profit of 60,000-80,000 by investing 3-4 lakhs in medicines. If managed properly, medical stores can make huge profits immediately.
However, it also depends on the type of medicine the medical store is selling and how much profit it can make. On an average, a pharmacy store owner earns up to 20-25% of daily sales.
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Saree is very popular and one of the best retail business in India and 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 market trend. Generally, a good banarasi saree is very popular in India.
Decide what type of saree you want to sell, there are many varieties of the most popular Indian sarees.
Opening a gift shop in India requires serious planning and execution. The profit margin in running a gift shop is very small, so there is little room for error. The gift shop carries mostly personal and corporate gift items. You can also add gift cards to increase your sales.
The demand for cosmetics is increasing, not only women but also men are aware of their appearance. If you have a focus on cosmetic business and capital investment, this business is for you.
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Cake Shop is a growing industry in India which is growing rapidly and has become a high margin business in India. Many entrepreneurs come with their own manufacturing facilities and domestic catering industry. You need to have the right packaging and marketing to increase your sales.
Perfume is the next evolution of how people represent themselves. Perfume business requires moderate investment. You can sell perfume from home because it does not require huge investments.
Sweet shop is a profitable retail business in India because sweets are produced in bulk which requires less investment. You can set a reasonable price for sweets as there is no fixed rate. You can also open a snack shop to increase your profit.
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Coffee shop is the most profitable retail business in India, but it requires high investment. Running a coffee shop business is not easy, you need positive cash flow and high sales to run it. Profit also depends on the area of your shop. Cafe is one of the best retail business in India. And it is a very popular food product. You can consider opening your own brand, which can be quite difficult or you can consider opening a franchise for other popular brands as it is a high margin business in India. Investment – INR 5 to 10 Lakhs Profit Margin – 40% 3. Fast Food Restaurant Fast foods are really popular in India and they are already packed. This business has one of the highest profit margins in India. If you want to open a fast food restaurant in India. Do market research on various restaurants – how they operate and maintain their restaurants, investments and profit margins. Investment – 10 to 50 Lakhs Profit Margin – 40% 4. Car Wash Indian automobile industry is very promising and the vehicle population is also increasing. Owning a car wash requires proper planning and a huge upfront investment. The car wash segment is one of the most profitable retail businesses in India. Investment – 25 Lakh INR Profit Margin – 40% 5. Two Wheeler Showroom The Indian motorcycle market is currently experiencing double digit sales growth. Opening a two-wheeler dealership is a profitable business for young entrepreneurs. If you are planning to open a two-wheeler dealership, you need a solid capital investment. This business requires serious work and you need to have proper knowledge about 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 with proper knowledge. You can even open your salon at your home as it saves a lot of capital. Investment – INR 15 Lakh to 30 Lakh Profit Margin – 10% to 20% If you’re a woman entrepreneur looking to start your own business, don’t worry, we’ve got you covered. Check out the best business ideas for women. Best Business Ideas for Women Women [/tag/women-entrepreneurs/] have entered many sectors and industries where they were not previously. They have been breaking the glass ceiling for some time and they are excelling in many professions. In this article, we will look at… Ashwini 7. Restaurant Food Restaurant is one of the best retail business in India. You must conduct a survey before starting a business. This business requires high capital investment and also the highest profit margin in India. Also, choose the menu before starting the business and charge accordingly. Food restaurant has one of the highest profit margins in India.