You don’t always require a lot of money to start your business in India. With the correct idea, some planning, and good commitment, it is possible to create a successful business even with minimal investment. In this article, we will be looking at low investment and high profit business ideas suitable for students, housewives, beginners, or whoever wants to become their own boss.
Let’s consider some intelligent and affordable business ideas you can initiate in India.
1.TIFFIN SERVICE/ HOME COOKED FOOD DELIVERY
There is a gigantic market for home-cooked food in India, particularly in urban areas where students, working professionals, and bachelors reside far from home. If you are passionate about cooking, you can initiate a tiffin service or home-cooked meal delivery venture at low costs.
What You Need-Simple kitchen setup, Raw ingredients, Food containers, Delivery support (can start with 1 person or yourself),Investment: ₹5,000 – ₹15,000. Profit Margin: 30% – 50%.
People are ready to pay for healthy and tasty homemade food, so if your quality is good, you’ll get regular customers fast.
2.DROPSHIPPING BUSINESS
It is a web business where you sell goods without holding any inventory. You simply make an online shop, and when a product is sold, the wholesaler sends it to the buyer.
What You Require-Online shop (can begin on Shopify or WooCommerce), Fundamental digital marketing skills, Credible suppliers (AliExpress, Indian suppliers), Investment: ₹10,000 – ₹20,000 (for website + marketing), Profit Margin: 20% – 60%
This is an excellent way to get into e-commerce with very little risk, since you don’t have to purchase products upfront.
3.HOMEMADE PRODUCT BUSINESS
Homemade soaps, candles, chocolates, pickles, handicrafts, green products – these are in great demand online and offline. If you are crafty and enjoy doing things manually, this business is for you.
Materials you need are raw material, basic packaging material, online store.
Investment: 5k-10k, profit margin- 40-100%
You can sell on platforms such as Etsy, Amazon, Meesho, or Instagram
4.SOCIAL MEDIA MANAGEMENT SERVICES
Most small companies and influencers require assistance with managing their social media accounts. You can provide your services and grow their presence if you know how platforms such as Instagram, Facebook, YouTube, or LinkedIn work.
What You Need:
A laptop or smartphone
Knowledge about social media and content skills
Portfolio or case studies (begin with 1-2 clients)
Investment: ₹0 – ₹5,000
Profit Margin: 60% – 80%
You can charge monthly packages ranging from ₹3,000 to ₹30,000 based on your client.
