Top 10 most profitable business ideas to start

Top 10 most profitable business ideas to start

1-Ostrich and Emu farming

Ostrich and emu meat are gaining ground slowly yet steadily. Getting into the ostrich and emu farming business requires some knowledge about poultry management and adequate space in rural areas. Ostrich and emu meat is served at star-rated hotels as well as some exclusive niche restaurants.

2- Wallets and belt manufacture

You can make wallets and belts- essential dress accessories for men- with leather or synthetic material. A small production unit with machines and skilled manpower is sufficient to enter this trade.

3- Fashion boutique

High-end fashion garments are now sold in semi-urban areas of India too. Despite the onslaught by e-retailers, several customers prefer to buy fashion ware at boutiques since it allows them to see the product first hand while trying it out.

4- Beauty parlor

Nowadays, the concept of beauty parlor has migrated from ‘only females’ to unisex. Meaning, men and women can both avail beauty treatments. With proper equipment and skilled beauticians, a beauty parlor is good business idea within the abovementioned investment range.

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5- Soda factory business

Again, you will be pitted against some large players in the industry. However, there is always a demand for economical, locally made brands of aerated water and carbonized flavored drinks. A soda factory is fairly easy to set up. You require a good distribution system to ensure success in this business idea.

6- Sports shop

Cricket bats, hockey sticks, footballs and sportswear are common requirements nowadays. You can find sufficient clientele and make profits provided you offer superior quality sports goods. You can add home gym equipment too.

7- Start a Bakery business

Despite the presence of large companies offering renowned brands, locally made bread always draws customers. Additionally, you can also bake cookies, biscuits, cakes and pastries, among other common bakery items, to attract more customers.

8- Detergents & washing powder

In India, detergent and washing powder manufacturing is open to small-scale industries. There are several companies that began manufacturing their products in small industrial sheds but now are national brands. Good quality products will ensure your success.

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9- Business idea to open a Toy factory

Currently, the toy market in India is dominated by products pouring in from China. You can make a wide range of toys and games for children of all ages. Your success can be assured if you make toys that people can identify with ethnically.

10- Medical supplies

Manufacturing medical supplies such as surgical gloves, cotton swabs and rolls, gauze and medical plaster require proper licensing form concerned authorities. Despite, there is an ever growing demand for these products in India, as the healthcare sector booms.

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