36 Best Small Business Ideas in India for 2020, Best Business in India
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In this article, we've talked about the top small business ideas in India that you can use to kickstart your business journey. Mark your presence amongst the leading startup ecosystem with your business now.

Owning a business gives you the independence and freedom to be your boss in establishing an empire from scratch. In India, the startup wave that started in 2014 has been ebbing its way back into the startup ecosystem. 

The government has been emphasizing the power of business and encouraging individuals to start their own business through their luring Startup India Scheme & Stand Up India Scheme. Here are some of the best 36 small business ideas in India that can be implemented to commence on their entrepreneurial journey.

 

Best Business in India – The Wedding Industry

India, being a land of rich and diverse culture, is home to over thousands of unique best business in India. The number 1 best business in India will be anything related to weddings.

The Indian wedding industry is seen with a projected annual market growth rate of 25-30%. (Read more here)

And why wouldn’t it? We all know that ‘big fat Indian weddings form the crux of showing off our traditions.

You can start a wedding consultancy or a wedding planning company that will serve you like the best business in India with infinite growth in the future.

 

Best Business in India – Renewable Energy Industry

Renewable energy has become an essential element necessary to sustain a normal human life, especially with the decreasing amount of crude oil sources and rising air pollution.

India alone has witnessed the worse Air Quality Index in states like Delhi falling even under the hazardous AQI.

Note: The AQI went as high as 490 amongst some portions of North India in November.

Currently, 63% of India’s energy requirements are fulfilled from coal.

However, shifting our energy consumption patterns towards renewable energy resources can help reduce our air pollution by a massive percentage.

 

Some of the best business ideas in India that offer high growth in the renewable energy market are:
  • Solar energy
  • Waste-to-power energy
  • Wind Energy

 

Legal Process of Starting a Small Business in India

Now that we’ve done the brainstorming on your behalf, its time for you to shortlist the best small scale business ideas to establish your ultimate small business in India.

Business ideas in India with low investment require to go through the same legal process to get started with their venture.

Let’s read about the legal process of starting a small business in India and its steps:

 

Step #1: Incorporate your business

Incorporate or register your business as the right type of business entity, be it,

  • Proprietorship
  • One Person Company
  • Partnership
  • Limited Liability Company
  • Private Limited Company
  • Public Limited Company

 

Step #2: Sign Documents

Sign all the necessary documents, including the founder’s documents that include the duties and responsibilities of a founder towards his business.

 

Step #3: Obtain Necessary Registrations and Licenses

Obtain all the required registrations and licenses from the government authorities for the legal functioning of a business, like,

  • Value Added Tax (VAT)
  • Employees’ Provident Fund Organization
  • Permanent Account Number (PAN) 
  • Taxation Account Number (TAN) 
  • Professional Tax Registration
  • Employees’ Insurance (ESIC)

 

Step #4: Trademarking 

One needs to trademark his business’ logos and words that help protect a business against misappropriation and duplication.

 

Step #5: Prepare Accounts and Taxation Systems

Set up your accounts and taxation systems with your CA or yourself so that all your business transactions are fulfilled smoothly.

 

36 Best Small Business Ideas in India with Little to Zero Investment

Here are some creative and innovative small business ideas in India that you can make use of to start your startup or even as a side hustle for accumulating wealth for your larger business at a later stage:

Top 36 Small Business Ideas in India:

1. Blogging

One cannot overemphasize enough on how blogging is the number one way to start earning online with zero to low investment and unlimited earning potential.

What you’ll do:

  • Write consistent, high-quality content
  • Stick to your niche
  • Create SEO-friendly articles to increase traffic
  • Get paid via AdSense, promotions, and collaborations

 

2. Affiliate Marketing

Affiliate marketing is one of the growing fields amongst our internet generation that enables users to earn commission by marketing or selling some other site’s product on their blog or website.

What you’ll do:

  • Promote other’s products/services on your website or YouTube channel
  • Get paid your % of the share for each product/service purchased via your link
  • Get paid your % of the share for CPA (Cost Per Action) affiliate programs

 

3. Virtual Assistant

Various companies like Amazon and eBay are on a constant hunt to hire virtual assistants to help them out with providing technical and manual support to their customers.

What you’ll do:

  • Answer simple customer queries
  • Perform minor tasks
  • Get paid on an hourly, weekly or monthly base

 

4. Courier Service

A courier service primarily just means picking and dropping off parcels from one place to another, which requires a vehicle to pick and drop the item.

Small Business Ideas in India

What you’ll do:

  • Pick up parcels
  • Drop off parcels to the location
  • Get paid according to the courier services offered

 

5. Social Media Manager

startup ideas india

There are a few essential elements about social media managing that you need to understand, which can quickly be done via Google. Start managing social media handles for companies and individuals as your side hustle.

 

What you’ll do:

  • Create engaging content for social media handles
  • Be updated with the latest social media trends
  • Add relevant hashtags 
  • Increase following and reach of the social media handles
  • Interact with the potential customers on DM

 

6. Online Tutor

Multiple platforms offer online tutoring jobs to individuals in their desired niche. Online tutoring can pay anywhere between $5 per hour to $60 per hour.

 

What you’ll do:

  • Conduct online classes on Skype/Facetime
  • Get paid by your student on an hourly basis

 

7. Online Course

Prepare an easy to comprehend and visually appealing online course in your particular niche, be it learning the basics of photography, how to write an essay for school, etc. and spread the word for its promotions.

 

What you’ll do:

  • Create an informative online course using video, audio & comprehensible content
  • Promote online course via ads or affiliate marketing
  • Gain passive income through subscribers

 

8. Event Planner

Individuals holding experience in event planning through their volunteering experience or even if you have an active organization and communication skills, you can try your luck at event planning.

Small Business Ideas in India

What you’ll do:

  • Find event gigs
  • Plan and organize the event
  • Coordinate between the caterers, organizers and everyone in between
  • Manage the budget
  • Hire volunteers and team

 

9. Makeup Artist

This one goes a bit higher in investment, but the returns are limitless. If you have the skills or have learned makeup professionally, you can be a fulltime makeup artist with a rising return rate with each session.

 

What you’ll do:

  • Expand your network
  • Propose different makeup schemes
  • Do makeup for different occasions and according to the client’s requirements

 

10. YouTube

Start your own YouTube channel in your niche, be it fashionvloggingtraveltech, etc. and to start earning higher rewards with the ads as the views rise.

 

What you’ll do:

  • Create consistent, high-quality content
  • Create engaging videos
  • Interact with your following on social media
  • Work on collaborations, promotions and sponsored content

 

11. Photography

Have a professional DSLR camera and know all about the photo editing softwares? Start building portfolios for aspiring models and cover events in return for a decent profit margin.

startup ideas india

What you’ll do:

  • Join photography clubs
  • Build a network
  • Work for gigs
  • Create portfolios

 

12. Dog Walker

Who doesn’t love dos? Imagine getting paid to walk someone’s dogs and work on your side hustle while playing with the furry little adorable creatures.

 

What you’ll do:

  • Walk and play with cute dogs in return for cash. How cool is that!

 

13. Warehouse for Ecommerce sites

If you hold a decent sized garage or some spare space available with you, you can use it as a warehouse for ecommerce websites to store their products.

 

What you’ll do:

  • Allow ecommerce sites to store their stuff in your spare space
  • Wait for your monthly warehouse rent

 

14. Airbnb

Have an extra room in your apartment or an extra apartment all by itself why not put it up on Airbnb that can help you accumulate some extra cash from the rent collected.

Small Business Ideas in India

What you’ll do:

  • Rent your space on Airbnb
  • Answer questions by potential customers
  • Be a host for your guests (no compulsion)
  • Get paid from Airbnb

 

15. Travel Agency

If you hold the capabilities to plan the perfect vacation along with the best accommodation and services in the given budget, starting a travel agency can be a great business idea in India for you.

 

What you’ll do:

  • Plan and curate travel packages according to customer needs
  • Fit customer needs within the budget
  • Book tickets and hotels for customer

 

16. Online Bakery

If you enjoy baking and want to build your first business around it, you can start a baking business online where you can customize the pricing of the items according to the item specifications.

 

What you’ll do:

  • Create your offline bakery products
  • Build your online menu
  • Receive orders
  • Deliver orders

 

17. Ghostwriting

Ghostwriting is more of a full-time work but works based on projects. If you belong to the writing industry, you can write novels as a ghostwriter for other individuals while minting thousands of dollars from a single project.

startup ideas india

What you’ll do:

  • Write a biography or story from a person’s narration
  • Get paid project-wise

 

18. Freelance Writer

Websites like Upwork (1), Freelancer (2) & Guru (3) offer freelance writers an opportunity to bid on projects online and work independently as a writer. 

 

What you’ll do:

  • Work on selected articles
  • Pick your flexible work hours
  • Work with people from around the world

 

19. Proofreading

If you hold outstanding English proficiency, gaining a proofreading job can be an easy job to work at.

Small Business Ideas in India

What you’ll do:

  • Edit articles for accuracy
  • Correct spelling and other grammatical mistakes in the article
  • Alter article language according to readability

 

20. Resume Builder

Professionals and college graduates often hire resume builders for reasonable prices that help them create the perfect resume to ace in a job selection procedure.

 

What you’ll do:

  • Build customizable resumes for your clients according to their requirements

 

21. Logo Designer

If you hold the basic designing skills and have created logos for specific organizations earlier, start an online logo designing business today.

 

What you’ll do:

  • Create logo designs for organizations
  • Fit into their logo requirement
  • Edit the logo using software

 

22. Web Designer

Web designing is one field that has seen a rising demand since the start of the internet and has a high demand for employment of talents.

startup ideas india

What you’ll do:

  • Create a website layout
  • Build website functionality using technology
  • Design navigational elements
  • Pick the right graphics, colors, schemes, font, etc.
  • Update the website according to client need

 

23. Graphic Designer

A graphic designer can work independently on desired products and pick the best projects from recommendations or online platforms.

 

What you’ll do:

  • Develop product layout
  • Build color scheme
  • Create required sketches for clients
  • Design logos
  • Design brochures
  • Curate magazine content
  • Edit creative videos

 

24. Online Store

Open up an online store on social media platforms or stores that allow users to open up their online stores like Shopify (4) and start selling your merchandise/products. 

 

What you’ll do:

  • Build your online store 
  • Communicate with potential customers
  • Receive payments
  • deliver the products via courier service

 

25. Tour Guide

Become a tour guide of your local area and show your city to travelers coming from different countries.

Small Business Ideas in India

What you’ll do:

  • Build tour guide groups
  • Show around your region to the stories
  • Explain the historical significance of the city
  •  Visit tourist attractions

 

26. Translator

Translators are high in demand as there is always the need to communicate with the traders of the foreign country. 

 

What you’ll do:

  • Translate content for organizations
  • Act as a mediator for communication between organizations

 

27. Consultancy Services

You can start a home-based consultancy service for your clients or another company’s clients. It has gained popularity amongst recent years to be one of the top small business ideas in India.

 

What you’ll do:

  • Advice companies in your niche expertise
  • Implement a process or organizational structure in which the client lacks experience
  • Gain commission if results produced from advice

 

28. Coaching Classes

You can also start a tutoring/coaching class for school students or college students, depending on your educational qualifications and your teaching methods.

Small Business Ideas in India

What you’ll do:

  • Conduct coaching classes on your subject
  • Take classes in batches
  • Get paid monthly

 

29. Soft Skills Training

Various corporates and colleges are emphasizing on the need for soft skills to lead a successful career. Build on developing leadership skills and organize soft skills training for teams and individuals.

startup ideas india

What you’ll do:

  • Organize soft skills sessions
  • Organize workshops for clients
  • Organize seminars for increasing soft skills awareness

 

30. Custom T-Shirt Seller

You can start up a customer t-shirt designing and selling service where you can print the designed desired by your client on a t-shirt and sell it for profit in return for your assistance.

Small Business Ideas in India

What you’ll do:

  • Imprint customer’s design on t-shirts
  • Courier the orders

 

31. Ecommerce Reseller

Websites like Amazon (5) and eBay (6) allow you to purchase and resell goods and items online. Buy items on sale and sell at MRP.

startup ideas india

What you’ll do:

  • Purchase products in bulk or on sale
  • Resell at MRP or lesser discount

 

32. Second-hand goods seller

We all have a bunch of junk just resting in our house. Accumulate all the worthy items and sell them on online platforms like eBay and Olx.

 

What you’ll do:

  • Sell your old products online
  • Sell someone else’s old products online for a commission

 

33. Tiffin Service

The food industry is undoubtedly the most profitable business line. You can start your tiffin service for college going people and make 100% use of your kitchen in building limitless profits.

Small Business Ideas in India

What you’ll do:

  • Cook food yourself or with your team daily
  • Pack the tiffin boxes
  • Get the tiffins delivered

 

34. Antique Refurbishing

If you love collecting antiques, you would be having a decent knowledge about maintaining them. Use your secrets and skills and build an antique refurbishing business.

 

What you’ll do:

  • Clean antiques via tools
  • Refurbish antiques
  • Get paid for your services

 

35. Yoga Classes

Are you a yoga enthusiast? Collect your team of clients and teach yoga to them. It is not necessary to have a place to start your yoga classes. They can easily be carried out in public parks and gardens.

startup ideas india

What you’ll do:

  • Conduct yoga sessions according to batches
  • Organize yoga sessions in organizations

 

36. Dance Instructor

Become a part-time dance instructor and teach your hippest moves to individuals of all age groups. Not only will it serve as a side business, but it’ll also benefit you by keeping you fit.

Small Business Ideas in India

What you’ll do:

  • Build your batch
  • Teach new choreographies
  • Build dance coordination amongst the batch

 

Top Small Business in India

India, being a developing economy, has some thriving small business in India that manages to bring income to many rising households.

 

Some of the top small business in India are:
  • Mobile/DTH recharge shops
  • Breakfast joints
  • Tuition center
  • Tailoring
  • Street bookstalls

 

New Business Ideas in India with Low Investment

Some of the new business ideas in India with low investment given below would have never even been imagined by the masses a decade ago.

Technology has given rise to some of the latest new business ideas in India with low investment which are:
  • YouTube Channels
  • Blogging
  • Online Bakery
  • Online Courses

Note: We’ve elaborated upon the given ideas in the article below.

 

Best Profitable Business India

Here we’ve mentioned some of the best profitable business in India along with their ROI and minimum investment amount.

 

– Incense Stick Manufacturing

India is home to over 70% of Hindus, who practice their traditional Pooja each day.

  • Min Inv: Rs 5 lakhs for producing around 2.25 lakh packets
  • Net Profit: 7.11%
  • ROI: 30.94% per annum

 

– Property Management

Property management, due to the rising prices of properties, is one of the best profitable business India.

  • Min Inv: Rs 3 lakhs
  • Gross Profit: up to 50%

 

– Online Ads Service

The demand for online ads is at a rise in the booming IT sector in our digital age. 

  • Min Inv: Rs 3 lakhs
  • Gross Profit: 20%
  • Min time for parity: 1 year

 

Start your side hustle or take the first step to initiate your more significant business realities with any of these top small business ideas in India. Additionally, the majority of these small business ideas idea require zero to no initial investment and mint money limitlessly. 

Disclaimer: The views, thoughts, and opinions expressed in the article have been curated for our audience and does not warrant a 100% accuracy. All the information mentioned in the article is subject to change according to the changing viewpoints. Feel free to reach us at [email protected] for any change or copyright issues.

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Saumya Uniyal
Saumya Uniyal
A passionate writer with bachelor’s in the field of English & Journalism. Other than being a bibliophile, some of her hobbies are travelling, photography and poetry.

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