Top 15 Low Investment Business Ideas in India for Entrepreneurs & Startups
Starting a business can be a daunting task, especially if you don’t have a lot of money to invest. But don’t let that stop you! There are plenty of business ideas that require low investments and can be started quickly and easily.
Here, we will explore 15 of the best low investment business ideas in India. From food businesses to service-based businesses, there are plenty of opportunities for entrepreneurs in India.
So read on to learn more about what it takes to start a successful business in India with minimal investment.
1. Freelance writing
As a freelance writer, you can offer your services to businesses and individuals who need content for their websites, blogs, or marketing materials.
You can work with clients to come up with ideas for articles, or you can write original content on your own.
There are a few things you should keep in mind when starting out as a freelance writer:
Make sure you have a clear understanding of the client’s needs. What kind of content are they looking for? How long should the articles be? What is the target audience? Once you have a good understanding of the parameters, you’ll be able to produce quality content that meets the client’s expectations.
Don’t underestimate the power of SEO keywords. When writing for the web, it’s important to use relevant keywords so that your articles show up in search engine results. However, don’t stuff your articles with keywords – this will only turn off readers. Use them sparingly and naturally throughout your article.
Keep your articles well-organized and easy to read. No one wants to slog through a poorly written article – make sure yours are well-crafted and easy to follow. Break up longer paragraphs with subheadings, and use bullet points when appropriate.
Proofread your work before sending it off to the client. Nothing looks worse than an article full of typos and grammatical errors – take the time to proofread carefully before hitting send.
Be professional. This may seem like a no-brainer, but it’s important to remember that you’re representing yourself and your business when working with clients. Be prompt with deadlines, communicative, and always put your best foot forward.
Freelance writing can be a great way to make money from home – and it’s a flexible gig that you can do on your own schedule.
2. Food delivery services
In recent years, food delivery services have become increasingly popular in India. There are a number of reasons for this, including the fact that they provide a convenient and affordable way to get meals from restaurants without having to leave home.
Another reason for the popularity of food delivery services is that they offer a great way for businesses to reach new customers and market their products. If you’re thinking about starting a food delivery business, there are a few things you should keep in mind.
First, it’s important to choose a niche market. There are many different types of food delivery businesses, so it’s important to choose one that will appeal to your target audience.
For example, if you’re targeting working professionals, you might want to focus on delivering healthy meals or meals from restaurants that don’t deliver themselves.
Second, you’ll need to make sure you have the right infrastructure in place. This includes things like having a reliable vehicle and ensuring that you have enough staff to meet customer demand.
Third, it’s important to build up a good reputation. This means providing excellent customer service and always delivering on your promises. If you can do this, you’ll find that customers will be more likely to use your service again in the future.
Fourth, consider offering discounts or loyalty programs to encourage customers to keep using your service. This can be an effective way to build long-term relationships with customers and keep them coming back for more.
Fifth, make sure you have a good marketing strategy. This includes things like creating a strong online presence and using social media to reach new customers.
By following these tips, you can start a successful food delivery business in India.
3. Senior care services
If you’re looking for a low-investment business idea in India, senior care services could be a great option.
With the population of seniors in India expected to grow significantly in the coming years, there will be an increasing demand for services that cater to their needs.
There are a number of different senior care services you could provide, such as home care, transportation, and companionship. You could also specialize in providing care for seniors with specific needs.
To get started, you’ll need to have a some experience working with seniors. It’s also important to be patient, as seniors can sometimes be resistant to change. Marketing your business to local seniors and their families is key to getting started in this business.
4. Transportation Business
Transportation is one of the most important industries in any country. It is responsible for moving people and goods from one place to another. A transportation business can be a great way to start your own business with low investment.
There are many different types of transportation businesses you can start, such as:
- Taxi service: starting your own taxi service is a great way to get into the transportation business with low investment. All you need is a car and a license to operate. You can either work for an existing taxi company or start your own.
- Courier service: starting your own courier service is another great option for getting into the transportation business with low investment. All you need is a vehicle to transport the goods and an internet connection to communicate with clients.
- Freight forwarding: if you have experience in the shipping industry, you can start your own freight forwarding business. This type of business requires more investment than the previous two, but it can be very profitable.
- Logistics: starting your own logistics company is another great option for getting into the transportation business with low investment. You will need to invest in some office space and hire staff, but this type of business can be very profitable if done correctly.
5. Computer Accessory Business
There are a number of computer accessory businesses you can start with little to no investment. For example, you can start a business selling computer mouse pads, USB hubs, and other similar products. You can also start a business that provides computer cleaning services or sells computer parts and accessories.
Another great option for starting a computer accessory business is to become a dealer for a company that sells these types of products.
This way, you can earn a profit on every sale you make without having to invest much. All you need is a website or blog where you can promote the products you are a dealer for.
If you have some experience with computers and are familiar with the different types of accessories available, then starting your own computer accessory business may be the ideal solution for you.
With so many different options available, there is sure to be a niche market that you can tap into and make a success of your business.
6. Online courses and e-learning
The internet has brought a lot of changes in the way we live and work. It has also created new opportunities for businesses. One such opportunity is e-learning or online courses.
With the help of technology, you can now reach a larger audience with your courses and training programs. You can also offer your courses at a lower cost as compared to traditional classroom-based learning.
There are many online course platforms like Udemy, Coursera, and edX where you can create and sell your courses.
You can also start your own e-learning website or blog and promote your courses through social media or email marketing.
If you are an expert in a particular field or subject, then you can consider creating online courses on topics like digital marketing, web development, programming, etc. You can also create general business or entrepreneurship courses.
So, these were some of the best low investment business ideas that you can start in India in 2020. These businesses have high growth potential and can be started with minimal investment. So, what are you waiting for? Go ahead and start planning your business today!
7. App development
There are a plethora of business ideas that require low investment but offer high returns. Here are some of the best app development ideas that Indian entrepreneurs can explore:
- Food delivery app: There is a growing demand for food delivery services in India. A food delivery app can help restaurant owners tap into this market and boost their sales.
- Grocery delivery app: Similar to the food delivery app, a grocery delivery app can also be very successful in India. With the increasing number of working professionals and busy lifestyles, there is a growing need for such services.
- Cab booking app: Cab booking apps are very popular in India and can be extremely profitable for entrepreneurs. With the growth of the tourism industry, there is a growing demand for cab booking apps that can help tourists get around easily.
- Laundry service app: Laundry service apps are another great option for entrepreneurs looking to start their own business with low investment. These apps can be very helpful for those who do not have time to do their laundry or those who live in areas where there is no laundry service available.
- Housekeeping service app: Housekeeping service apps are becoming increasingly popular in India as they provide a convenient way to book domestic help. This is especially useful for working women who do not have time to take care of household chores themselves.
8. Social media consulting
Are you looking for low investment business ideas in India? Then, you must consider starting a social media consulting business. With the power of social media, you can help businesses reach a wider audience and promote their products or services.
But before you start your own social media consulting business, there are a few things you need to know. Here’s what you need to know about starting a social media consulting business in India:
Know Your Target Market
Before you start your social media consulting business, you need to identify your target market. Who do you want to work with?
What kind of businesses do you want to help? Once you know your target market, it will be easier for you to create a marketing strategy that will attract them.
Understand Social Media Algorithms
To be a successful social media consultant, you need to understand how social media algorithms work. The algorithm is what determines what content is shown in a user’s feed.
If you understand how the algorithm works, you’ll be able to help businesses create content that is more likely to be seen by their target audience.
Create A Marketing Strategy
Once you know your target market and understand how social media algorithms work, it’s time to create a marketing strategy.
What platforms do your target market use? What kind of content do they engage with? When you create a marketing strategy that takes these factors into account, you’ll be able to reach your target market more effectively.
When you’re providing social media consulting services, it’s important to offer value. Don’t just sell your services – offer valuable tips, advice, and resources that will help businesses grow their social media presence. When you offer value, you’ll be more likely to get repeat clients and referrals.
Stay Up-To-Date With Social Media Trends
To be a successful social media consultant, you need to stay up-to-date with the latest social media trends.
What platforms are people using? What kind of content is performing well? When you stay up-to-date with social media trends, you’ll be able to offer your clients the best possible advice.
9. Advertising Agency
Advertising agencies are a dime a dozen. But, if you have an advertising budget and are looking for creative ways to spend it, an agency can be a great investment. Here are some tips on finding the right agency for your business:
Define your objectives.
Before you even start looking for an advertising agency, you need to know what you want to achieve with your ad campaign.
Do you want to increase brand awareness? Drive more traffic to your website? Convert more leads into customers?
Once you know your objectives, you can start narrow down your search for an agency that specializes in achieving those specific goals.
Consider your budget.
How much money do you have to spend on your advertising campaign? This will play a big role in determining which agencies you can afford to work with. Make sure you get cost estimates from each agency before making your final decision.
Ask for referrals.
If you know anyone who has worked with an advertising agency before, ask them for referrals. They can give you first-hand insights into what it’s like working with different agencies and help you narrow down your choices.
Check out their portfolio.
Once you have a few agencies in mind, take some time to check out their portfolios. This will give you a good idea of their creative capabilities and whether or not they’re a good fit for your project.
Set up a meeting.
Finally, set up meetings with your top choices so you can get to know them better and see if you’re compatible.
This is also a great opportunity to ask any questions you have and get more specific details about their services.
10. Laundry Business
If you’re looking for low investment business ideas in India, laundry services is a great option. The laundry industry is growing at a rapid pace in India, with the rise in nuclear families and working women.
It’s estimated that the laundry industry is currently worth Rs. 200 crore and is expected to grow to Rs. 1000 crore by 2020.
There are several things you need to keep in mind before starting a laundry business. Firstly, you need to identify your target market.
Are you going to focus on residential customers or commercial clients? Once you’ve decided on your target market, you need to research the competition and find out what they’re charging for their services.
You’ll also need to invest in some good quality equipment, like washing machines, dryers, ironing boards, etc.
It’s important to have a well-equipped laundry so that you can offer a high quality service to your customers.
Another important thing to consider is the location of your laundry. It’s best to set up shop in a busy area where there’s a lot of foot traffic. This will ensure that your business gets plenty of exposure and potential customers.
Lastly, make sure you have a solid marketing plan in place so that people are aware of your business and what it has to offer.
If you follow these tips, starting a laundry business can be a great low investment business idea in India!
11. Mobile Phone Shop
The mobile phone industry in India is one of the fastest growing industries with immense potential. There are numerous mobile phone companies operating in India and the competition is fierce.
This has resulted in low prices for mobile phones and accessories. This presents a great opportunity for aspiring entrepreneurs to start a mobile phone shop with low investment.
There are two things you need to keep in mind while starting a mobile phone shop:
1) Location, and 2) Target audience.
1) Location: The location of your shop is very important as it will determine the footfall of customers. Ideally, the shop should be situated in a high footfall area such as a mall or a market.
2) Target audience: It is important to identify the target audience for your shop. There are various segments in the market such as students, working professionals, elderly etc.
Once you have identified your target audience, you can stock your shelves accordingly with products that will appeal to them.
Some tips to make your mobile phone shop successful:
Provide good customer service: In the age of online shopping, brick and mortar stores need to provide good customer service to survive. Ensure that your staff is well-trained and courteous to customers.
Offer competitive prices: Mobile phones and accessories are available at very competitive prices online. Therefore, it is important to offer similar or lower prices than what is available online. This will ensure that customers visit your store instead of buying from online retailers.
Keep the store well-stocked: It is important to keep the store well-stocked at all times. This will ensure that customers find what they are looking for and do not leave empty-handed.
Offer after-sales service: After-sales service is very important in the mobile phone industry. Customers should be able to get their phones repaired or replaced in case of any issues. This will build trust and loyalty among customers.
12. Business Consulting
Business consulting is one of the most lucrative and in-demand services in India. It helps organizations to improve their performance and competitiveness.
Business consultants provide valuable insights and recommendations to businesses to help them grow and succeed.
There are many reasons why business consulting is a great business opportunity in India. First, the Indian economy is booming and there is a growing demand for business consulting services.
Second, India has a large pool of highly educated and skilled professionals who can provide quality consulting services.
Third, business consulting is an industry with high growth potential. Business consultants can earn good incomes and enjoy job satisfaction.
Finally, business consulting offers entrepreneurs the opportunity to be their own boss and work from home.
If you are planning to start a business consultancy firm in India, here are some tips to get you started:
Do your research: This is important whether you are starting any business or entering a new market.
When it comes to starting a business consultancy firm, it is critical that you have a good understanding of the Indian market and the various segments within it. This will help you identify the right opportunities and target the right clients.
Choose your niche: Once you have done your research, you need to decide which area of business consulting you want to specialize in.
There are many different niches within this industry, so it is important that you choose one that interests you and that you have expertise in.
For instance, if you have experience working in the IT industry, you may want to focus on providing IT consulting services.
Develop a business plan: A solid business plan is essential for any business, regardless of its size or sector.
A well-written business plan will help you articulate your business goals, strategies and marketing plans. It will also be useful in securing funding from investors or banks.
Create a strong marketing strategy: Marketing is critical for any business, but it is especially important for consultants who need to attract clients.
There are many different marketing channels that you can use to reach your target clients. These include online marketing, offline marketing, public relations and networking.
Build a team of experts: When starting a business consultancy firm, it is important that you surround yourself with experienced and knowledgeable professionals.
You can hire full-time employees or contract consultants on a project basis. Either way, make sure that you have the right team in place to provide quality services to your clients.
13. Seasonal Selling
The best low investment business ideas in India are largely seasonal. This is because they require less initial investment, and can be started and operated with minimal overhead costs. They also tend to be more profitable during peak periods.
One of the most popular seasonal businesses in India is the sale of flowers. Flower shops typically do well during festive periods such as Valentine’s Day, Mother’s Day and Christmas.
Another low investment business idea that does well during festive periods is the sale of food items such as snacks and sweets.
Other seasonal business ideas include the provision of services such as home-cleaning, lawn-mowing and car-washing. These businesses typically see an uptick in demand during summer and winter months.
14. 3D printing
3D printing technology has come a long way in recent years, and it is now possible to create high-quality 3D printed products using a variety of different materials.
This technology is used in a wide range of industries, including healthcare, aerospace, automotive, and manufacturing.
There are many business opportunities for those interested in starting a 3D printing business. For example, you could start a business that provides 3D printing services to other businesses or individuals. Alternatively, you could create and sell your own 3D printed products.
If you’re looking for a low-investment business idea with the potential for high returns, 3D printing could be the perfect option for you.
15. Opening a small supermarket
Opening a small supermarket is a relatively low investment business idea in India. The average cost of setting up a small supermarket is between INR 2 to 5 lakhs, making it an affordable option for many entrepreneurs.
There are numerous benefits of opening a small supermarket in India. Firstly, it provides convenience to customers as they can find all their grocery needs under one roof.
Secondly, it is a profitable business venture with high margins. Small supermarkets typically have a gross profit margin of 20-25%.
Thirdly, opening a small supermarket is a great way to enter the retail industry in India. The retail sector is one of the fastest growing industries in India and is expected to grow at a rate of 12% annually over the next decade. This presents a huge opportunity for entrepreneurs who want to be part of this booming industry.
Lastly, starting a small supermarket also allows entrepreneurs to be their own boss and have complete control over their business.
This is an attractive proposition for many people who want to be their own boss and have the flexibility to work according to their own schedule.
There are many different low investment business ideas that you can pursue in India. Whether you’re looking for something that you can do from home or something that requires a bit more setup, there’s sure to be an option on this list that’s perfect for you.
We hope that our top 15 picks have given you some inspiration and that you’ll find the perfect business idea to get started with.
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