There are thousands of ways to make money but there are only some ways that can be called as most profitable businesses in India. These businesses have a higher return on investments and also don’t need huge investments
1. Real Estate Agent:
This is one of the best and most profitable business ideas in India. You can either buy land or sell land and get good commissions from it. There are various factors that affect the price of land like its location, size, infrastructure facilities etc.
2. Recruitment Consultant
This is another most profitable business idea in India. The reason why it’s so popular is that there is a huge demand for it these days. Companies are always hiring people for different positions and this has led to the creation of this job profile. You can either start your own company or you can also work with an existing firm that provides recruitment services.
3. Mobile Repairing:
Smartphones have become an essential part of our lives today and hence the number of mobile repair shops is increasing day by day especially in Tier II & III cities where people do not have access to branded service centres for repair or maintenance work. So if you have a knack for mobile tech this business might be the right fit for you.
4. Beauty and healthcare products
Businesses related to health care, nutrition, weight loss and beauty are always in high demand. People who are looking for ways to improve their overall health and appearance are always on the lookout for the best products at affordable prices. Being a health care and beauty products distributor can be a lucrative business idea. You will get access to a range of profitable and promising products at an affordable price that can be sold in bulk. Health and beauty products businesses can also be started with a small investment.
Tried and tested health and beauty products are expected to attract people of all age groups. So you can get their dealership to increase your customer base. Hence this can be your entry point into the dealership business. You can visit Khatabook to learn more about the dealership business model.
5. Saree manufacturing and selling
The saree has been an integral part of the Indian woman’s wardrobe since times immemorial. It is an extremely good idea to start a business in saris right now. The Indian economy is growing as more and more people join the workforce. More people are earning more money, thus giving them the discretionary income to buy sarees. People buy sarees when they go to weddings, during the festive season, or when they have a festival coming up in their family.
There are two ways you can start a saree business. You can either start saree manufacturing or sell readymade sarees online. The Saree manufacturing business requires a lot of hard work and patience to get started. You will have to be dedicated, sincere and passionate about your venture. Despite the hardwork, it can give good returns since you can sell your products both nationally and internationally. However, despite all its advantages, starting a saree manufacturing business can be challenging because there are already many established saree manufacturers in India.
Your second choice is selling sarees online. A saree is an ideal item to sell online because the measurement process and shipping costs are almost nil. Also, customers prefer buying sarees online because they get a wide range at competitive prices. However, you would need to become good at online marketing to increase your sales.