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Published on:
October 31, 2023
By
Shaik Musrath

The Top 20 Most Profitable Businesses in India with Low Investment for 2024

Are you looking to venture into the world of business in India but concerned about high startup costs? The good news is that there are plenty of low-investment, high-profit business opportunities waiting for you in 2024. India's diverse and dynamic market provides fertile ground for innovative ideas. In this blog, we've compiled a list of the 20 most profitable business ideas for you to explore this year, each requiring minimal initial investment.

Sell Fashion Accessories:

Stay on-trend by selling fashion accessories, such as jewelry, handbags, and scarves, both online and in local markets. Track the time spent sourcing, listing, and selling fashion accessories. Track the expenses associated with selling fashion accessories, such as product costs, shipping costs, and marketing costs. Track the revenue generated from fashion accessory sales.

Start Branding & Social Media Agency:

Leverage your marketing skills to help businesses establish and enhance their brand image through digital and social media. Track the time spent on different tasks, such as social media management, content creation, and branding strategy development. Track the expenses associated with operating the agency, such as employee salaries, software costs, and marketing costs. Track the revenue generated from client fees.

Offer Website Design & Development Services:

Provide web design and development services to individuals and businesses seeking an online presence. Track the time spent on different phases of the web design and development process, such as requirements gathering, design, development, and testing. Track the expenses associated with offering website design and development services, such as software costs and hosting costs. Track the revenue generated from client fees.

Start a Home Bakery:

Satiate people's sweet cravings by starting a home bakery specializing in delicious treats and customized cakes. Track the time spent planning and baking goods, as well as marketing and selling goods to customers. Track the expenses associated with running a home bakery, such as ingredient costs, packaging costs, and delivery costs. Track the revenue generated from home bakery sales.

Offer Beauty Services:

Tap into the beauty industry by providing services like makeup, hairstyling, or skincare treatments to clients. Track the time spent providing beauty services to clients, such as haircuts, styling, and makeup. Track the expenses associated with offering beauty services, such as product costs and equipment costs. Track the revenue generated from beauty service fees.

Start a Travel Agency:

Create dream vacations for clients by starting a travel agency, offering tailored travel experiences. Track the time spent researching and planning travel itineraries for clients. Track the time spent booking travel arrangements, such as flights, accommodations, and tours. Track the expenses associated with operating the travel agency, such as rent, utilities, and marketing costs. Track the revenue generated from travel agency commissions.

Start Organic Farming:

Promote sustainable agriculture and cater to the demand for organic produce by starting your organic farm. Track the time spent on different tasks, such as planting, harvesting, and weeding. Track the expenses associated with organic farming, such as seed costs, fertilizer costs, and equipment costs. Track the revenue generated from organic farming sales.

Make and Sell Furniture:

Create and sell custom furniture pieces that cater to a niche or broader market. Track the time spent designing, building, and finishing furniture. Track the expenses associated with making and selling furniture, such as material costs and tool costs. Track the revenue generated from furniture sales.

Become a Freelance DJ Artist:

Turn your passion for music into a career by offering DJ services for events, parties, and weddings. Track the time spent booking and performing gigs. Track the expenses associated with being a freelance DJ artist, such as equipment costs and travel costs. Track the revenue generated from DJ gigs.

Start Print on Demand Store:

Launch an online store offering custom-designed products printed on-demand, from T-shirts to accessories. Track the time spent designing and uploading designs to the print on demand platform. Track the expenses associated with running a print on demand store, such as platform fees and product costs. Track the revenue generated from print on demand sales.

Sell Local Handicrafts:

Promote traditional craftsmanship by selling locally made handicrafts and unique artisanal products. Track the time spent sourcing and listing local handicrafts. Track the expenses associated with selling local handicrafts, such as inventory costs and shipping costs. Track the revenue generated from local handicraft sales.

Start a Tiffin Service:

Provide homemade meals for working professionals and students through a tiffin delivery service. Track the time spent planning and cooking meals. Track the expenses associated with running a tiffin service, such as ingredient costs and packaging costs. Track the revenue generated from tiffin service sales.

Start Stitching School Uniforms:

Cater to the uniform needs of schools and educational institutions by offering custom school uniform stitching services. Track the time spent measuring, stitching, and delivering school uniforms. Track the expenses associated with stitching school uniforms, such as fabric costs and thread costs. Track the revenue generated from school uniform sales.

Become a Yoga/Fitness Instructor:

Share your passion for fitness and well-being by becoming a certified yoga or fitness instructor. Track the time spent planning and teaching yoga/fitness classes. Track the expenses associated with being a yoga/fitness instructor, such as studio rental costs and equipment costs. Track the revenue generated from yoga/fitness class fees.

Sell Customized Gifts:

Offer unique and personalized gift items, from engraved jewelry to custom artwork, perfect for special occasions. Track the time spent designing and creating customized gifts. Track the expenses associated with selling customized gifts, such as material costs and shipping costs. Track the revenue generated from customized gift sales.

Offer Content Writing Services:

Utilize your writing skills to offer content creation and copywriting services to businesses looking to enhance their online presence. Track the time spent on different tasks, such as research, writing, editing, and proofreading. Track the expenses associated with offering content writing services, such as software costs and marketing costs. Track the revenue generated from content writing clients.

Make and Sell Scented Candles:

Craft and sell scented candles, capitalizing on the growing demand for aromatic home products. Track the time spent on different tasks, such as sourcing materials, making candles, and packaging candles. Track the expenses associated with making and selling scented candles, such as material costs, packaging costs, and shipping costs. Track the revenue generated from scented candle sales.

Open a Diagnostic Center:

Provide essential healthcare services by opening a diagnostic center, offering medical tests and screenings. Track the time spent on different tasks, such as scheduling appointments, conducting tests, and interpreting results. Track the expenses associated with operating a diagnostic center, such as equipment costs, staff costs, and rent. Track the revenue generated from diagnostic center appointments.

Sell Stock Images and Stock Videos:

Monetize your photography and videography skills by selling stock images and videos on online platforms. Track the time spent taking and editing photos or videos. Track the time spent uploading photos or videos to stock image or stock video platforms. Track the expenses associated with selling stock images and stock videos, such as platform fees and marketing costs. Track the revenue generated from stock image and stock video sales.

Sell Pottery and Ceramic Wares:

Create and sell pottery and ceramic products, appealing to art enthusiasts and home decor lovers. Track the time spent designing and making pottery and ceramic wares. Track the time spent marketing and selling pottery and ceramic wares. Track the expenses associated with selling pottery and ceramic wares, such as material costs, kiln costs, and packaging costs. Track the revenue generated from pottery and ceramic ware sales.

Conclusion:

India's entrepreneurial landscape is brimming with potential, offering a multitude of opportunities for those seeking profitable business ventures with low investment. As you embark on your entrepreneurial journey in 2022, remember that success often hinges on dedication, innovation, and a deep understanding of your chosen industry. Whether you're a budding entrepreneur or an experienced business professional, India's thriving market welcomes your creativity and passion. So, seize the moment, explore these business ideas, and dive into a year of promising ventures. Your success awaits, so take the plunge and make 2022 your year of business triumph!Overall, Swipe can be a valuable tool for freelancers and small businesses of all kinds, including those who offer content writing services, make and sell scented candles, open a diagnostic center, sell stock images and stock videos, and sell pottery and ceramic wares. It can help them track their time, expenses, revenue, and other important metrics, which can lead to increased efficiency and profitability.

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