1- Travel agency
The rent for a premises, furniture and office décor as well as computers will not be as high in this business idea. However, you will need sufficient funds to pay for government registrations and registration with airlines, hotels and other travel service providers to open a travel agency.
2- Local tour company business
Buy buses to launch your own local sightseeing tours. You will also require good guides who can brief travelers about tourist attractions they visit and give them a short yet detailed tour of the place. Licensing is a must for entering into this business idea.
3- Organic foods store
Inherently, organic foods are expensive and still this business idea is in demand. Yet, there is a ever growing market for these fruits, vegetables as well as food grains and other produce.
You can open a small but good store offering organic foods. However, such stuff is highly perishable and requires proper storage infrastructure.
4- Trucking services
India pathetically lags behind in logistical chain. You can chip in by launching a trucking company that offers freight carriage between various Indian states and cities or rural areas. Once again, there is no shortage of customers for trucking companies.
5- Car rentals
Buy several cars to launch a rent-a-car company on line with global giants such as Avis and Hertz. Car rentals are popular among both Indian and foreign tourists as well as companies who wish to ferry their important clients, senior officials and business associates.
6- Cab services
Another business idea that you can start with a car is join the Uber or Ola taxi aggregators. They offer you a fixed daily income, which helps tide over your expenses on fuel and drivers. Additionally, you make great profits on longer routes.
7- Apiary business
For such a huge investment, an apiary may sound rather small business idea. However, the trend nowadays is to buy specific types of honey rather than the commonly available ones from forests. With large space and gardens of exotic plans, you can offer variants of honey made from nectar of various types of flowers.
8- Food processing business idea
As mentioned earlier, India lags in logistics, causing immense loss of fruits and vegetables every day. You can help curb this wanton wastage by opening a food processing unit. This involves freezing fruits and vegetables, seafood, poultry and meat products. Dehydrated fruit and vegetables also sell well in the market.
9- Glassware factory
Glass products are required everywhere- homes, offices, restaurants, labs, hospitals, stores. Opening a glass factory that makes kitchenware, lab requirements and other stuff is something you can eye within the Rs. 10 million investment range.
10- Enriched eggs
Eggs enriched with Omega-3 fatty acids are expensive and rare. The reason being, special feeds required for the chicken to produce such enriched eggs. You can open a poultry farm specializing in production of Omega-3 enriched eggs.