As Indian Business story is emerging as a great Positive Place to Do business ,
Since the Reforms made by Indian Government , the mentality toward Business is changed accordingly . Various Experts are saying India is becoming a Favorite Place in Asia to Startup a Business Right Now!!
India is known for its Bureaucracy and many Business holders are complaining about India for that. But Now the Government has decided that we have to make changes in our Business Policy and Very soon All the Action will be performed under one Roof (According to Indian PM). Indian Government moving toward Digital Government and it can be done in very few years. So Today i am Sharing a List of Business Idea for startup persons
I am Sharing a List of Top Business Ideas for your Startup !!
With an estimated annual demand of 70-80,000 recruitment professionals, people with specialized skills to help business organizations meet their staffing needs, your “school for recruiters” is unlikely to run out of customers—unless you get the recipe wrong. Include in your programme: employer branding, manpower planning, candidate assessment, fraud detection, online and offline business networking and resume building.
Is this for me
Yes, if you are passionate about “people,” have an aptitude for HR management in general and are well connected in corporate circles. You need to be able to find teachers with relevant skills and at least 7-8 years of experience in the recruitment business to start off.
Insight
“Trained professional recruiters can help business organizations efficiently address their number one concern: finding the right people. Recruiters can set up their own consultancies too.” Vipul Prakash, Elixir School of Recruitment.
How was it done
Elixir School of Recruitment started in 2006, to train recruiters in consultancies and companies’ HR departments.
Investment - Rs 40-45 Lakh
Avg. Break even - 1-2 years
Margin - 30-40%*
OR
1)Make a ECommerce Website : The New generation in India would like to Purchase there need from online. The E-commerce Industry in India is in Booming and by 2020 Indian online Sales market will become the One third of Indian Economy , Which is Equal to Several EU Countries annual GDP. So A Will Suggest All startup looking Peoples to Make a Websites which fulfill Indian Need and the Great Mantra for Online Business in India is
Is these for me
Online business website is needed and a good team for maintaining Customer support and Logistic is needed.you have experience for cracking deals from Companies and manufactures.
You also have good Internet Service Provider and Data Servers.
Zovi a Bangalore Local Premier Band Launches its online presence in 2011 and now its become a great online marketplace for many peoples in India.
Players
Flipkart,Snapdeal,Shopclues,Zovi,Mantra
Investment:5-100 Lakhs
Break Even Point:3-5 years
Profit:10-60%
2 Food Information And Logistic
There is a huge demand for web-available information for restaurants around several cities in the country. Become an end-to-end food service provider by starting your own website and acquiring a logistics team. You would basically be catering to all the customer needs: detailed information of restaurants, food ratings and reviews, bookings and reservations, buffet reviews and most importantly food delivery.
Is this for me
- Strong marketing skills to convince restaurants
- Acquiring a strong local logistics team
- Tech knowledge to start the website
Since the Reforms made by Indian Government , the mentality toward Business is changed accordingly . Various Experts are saying India is becoming a Favorite Place in Asia to Startup a Business Right Now!!
India is known for its Bureaucracy and many Business holders are complaining about India for that. But Now the Government has decided that we have to make changes in our Business Policy and Very soon All the Action will be performed under one Roof (According to Indian PM). Indian Government moving toward Digital Government and it can be done in very few years. So Today i am Sharing a List of Business Idea for startup persons
" A Startup Business is said to be Business in it's Inception Stage "Today India Stand Third in a List of Top Startup Business Places in the world after America and China. Its a Great news because in India a Very large number of peoples are Unemployed due to varies reasons. Unemployment is the Major Varies for the World now !! We have to Fight it.
I am Sharing a List of Top Business Ideas for your Startup !!
Business Idea’s under :- 1Lakh, 5 lakh, 10 Lakh, 50 lakh ($1500 to $75000 to Start a Business in India)
1. School Of Recruiters: Help To Hire
With an estimated annual demand of 70-80,000 recruitment professionals, people with specialized skills to help business organizations meet their staffing needs, your “school for recruiters” is unlikely to run out of customers—unless you get the recipe wrong. Include in your programme: employer branding, manpower planning, candidate assessment, fraud detection, online and offline business networking and resume building.
Yes, if you are passionate about “people,” have an aptitude for HR management in general and are well connected in corporate circles. You need to be able to find teachers with relevant skills and at least 7-8 years of experience in the recruitment business to start off.
Insight
“Trained professional recruiters can help business organizations efficiently address their number one concern: finding the right people. Recruiters can set up their own consultancies too.” Vipul Prakash, Elixir School of Recruitment.
How was it done
Elixir School of Recruitment started in 2006, to train recruiters in consultancies and companies’ HR departments.
Investment - Rs 40-45 Lakh
Avg. Break even - 1-2 years
Margin - 30-40%*
OR
1)Make a ECommerce Website : The New generation in India would like to Purchase there need from online. The E-commerce Industry in India is in Booming and by 2020 Indian online Sales market will become the One third of Indian Economy , Which is Equal to Several EU Countries annual GDP. So A Will Suggest All startup looking Peoples to Make a Websites which fulfill Indian Need and the Great Mantra for Online Business in India is
Guru Mantras For Online Ecommerce Website In India
- Provide Great value for Money Deals
- Avail Cash on Delivery Option in Priority
- Have a Good Return Policy
- Must provide Quick Delivery
- Offer Indian Local Festivals as Sales
- Care every Customers ( In India We say Customer is our God)
- Give Buy one Get many like Deals
- Always Offer Free Gifts with every Purchase
Is these for me
Online business website is needed and a good team for maintaining Customer support and Logistic is needed.you have experience for cracking deals from Companies and manufactures.
You also have good Internet Service Provider and Data Servers.
Flipkart is comes into business in Late 2009 and Now its become Biggest online Ecommerce website of Indian Origin
Zovi a Bangalore Local Premier Band Launches its online presence in 2011 and now its become a great online marketplace for many peoples in India.
Players
Flipkart,Snapdeal,Shopclues,Zovi,Mantra
Investment:5-100 Lakhs
Break Even Point:3-5 years
Profit:10-60%
2 Food Information And Logistic
There is a huge demand for web-available information for restaurants around several cities in the country. Become an end-to-end food service provider by starting your own website and acquiring a logistics team. You would basically be catering to all the customer needs: detailed information of restaurants, food ratings and reviews, bookings and reservations, buffet reviews and most importantly food delivery.
- Strong marketing skills to convince restaurants
- Acquiring a strong local logistics team
- Tech knowledge to start the website
Insight
“At Tasty Khana we were able to identify our market by finding out the restaurants who were interested in us. We talked to a lot of them to know if they are interested in outsourcing their logistics to reduce their effort. And we hit gold in the fine dining industry,” Sheldon D’Souza, TastyKhana.
How it was done
TastyKhana evolved to become a huge success, even though the entrepreneurs behind the idea did not have any food related background, because of the keen interest they took in organizing parties and lunches during their corporate lives. It started as an information site which gave listings of restaurants around the city and over time it grew over time to become an end-to-end food service provider by starting delivery services from its associated restaurants to its customers.
Investment - Rs 10-15 Lakh
Avg. Break even - 3-4 years
Margin - 70%
TastyKhana evolved to become a huge success, even though the entrepreneurs behind the idea did not have any food related background, because of the keen interest they took in organizing parties and lunches during their corporate lives. It started as an information site which gave listings of restaurants around the city and over time it grew over time to become an end-to-end food service provider by starting delivery services from its associated restaurants to its customers.
Investment - Rs 10-15 Lakh
Avg. Break even - 3-4 years
Margin - 70%
3)Manufacturing LED Lights
When the whole world awakes into the consciousness of producing energy efficient devices and equipments, manufacturing LED decorative lights could be doable business option for many. The business requires setting up a small manufacturing unit and for that one does not need very high-end machines.
Is this for me
Good product knowledge along with good knowledge of physics, geometry helps. In addition, people with technological bent of mind with an inclination to research and development can come to explore the business opportunity.
When the whole world awakes into the consciousness of producing energy efficient devices and equipments, manufacturing LED decorative lights could be doable business option for many. The business requires setting up a small manufacturing unit and for that one does not need very high-end machines.
Good product knowledge along with good knowledge of physics, geometry helps. In addition, people with technological bent of mind with an inclination to research and development can come to explore the business opportunity.
Insight
"Hurdle named finance can be easily overcome by hard work. Hard work has no substitute," Rajesh Purohit, Lucifer Lights.
How it was done
Rajesh Purohit, Owner and CEO of Lucifer Lights noticed LED has a vast potential in India due to power shortage and high electricity costs. LED for domestic lighting is a hot business area. To tap this potential market of energy efficient lights, Rajesh brought Lucifer Lights into existence in 2008. The product can be used for lighting up homes and offices. The product is a cluster of LEDs and the fixtures are manufactured with reflectors required to hold this cluster and illuminate an area. In terms of energy efficiency, the product consumes 75% less power than CFLs, and 90% less power than incandescent lamps.
Investment - Rs 10 Lakh
Avg. Break even - 3 years
Margin - 15%
Rajesh Purohit, Owner and CEO of Lucifer Lights noticed LED has a vast potential in India due to power shortage and high electricity costs. LED for domestic lighting is a hot business area. To tap this potential market of energy efficient lights, Rajesh brought Lucifer Lights into existence in 2008. The product can be used for lighting up homes and offices. The product is a cluster of LEDs and the fixtures are manufactured with reflectors required to hold this cluster and illuminate an area. In terms of energy efficiency, the product consumes 75% less power than CFLs, and 90% less power than incandescent lamps.
Investment - Rs 10 Lakh
Avg. Break even - 3 years
Margin - 15%
4) Breeding Exotic Pets
The business of breeding exotic pets today has largely improved. Most of the exotic birds and animals breed very well in captivity. To get into the business, you should start small with a few birds and animals that are not very expensive. That way you can assess what kind of animals you want to breed and scale up to more expensive animals.
One can make profits through sales. However, another important means of income is though exchanging animals with other breeders, negotiating and trading off prices to level it out thus adding a variety to your repository to attract customers.
Is this for me
- Passionate about animals
- Need to have the right infrastructure for the kind of pets you are breeding
- Knowledge in medicine and veterinary science gives you the edge
Insight
Wetpets has been into breeding exotic birds and fishes for the last 20 years. Gulab says that his family has been into breeding exotic pets for last three-four generations mostly because of the love they share
for animals.
Investment - Rs 3-5 Lakh
Avg. Break even - 1-1.5 years
Margin - 40-50%
The business of breeding exotic pets today has largely improved. Most of the exotic birds and animals breed very well in captivity. To get into the business, you should start small with a few birds and animals that are not very expensive. That way you can assess what kind of animals you want to breed and scale up to more expensive animals.
One can make profits through sales. However, another important means of income is though exchanging animals with other breeders, negotiating and trading off prices to level it out thus adding a variety to your repository to attract customers.
- Passionate about animals
- Need to have the right infrastructure for the kind of pets you are breeding
- Knowledge in medicine and veterinary science gives you the edge
Insight
“Today you will find people dealing with exotic species of dogs, persian cats, rabits, guinea pigs and hamsters. Out of these rabbits have a big commercial market,” Gulab Abdul Wahab, Wetpets.How was it done
Wetpets has been into breeding exotic birds and fishes for the last 20 years. Gulab says that his family has been into breeding exotic pets for last three-four generations mostly because of the love they share
for animals.
Investment - Rs 3-5 Lakh
Avg. Break even - 1-1.5 years
Margin - 40-50%
5)Consumer Driven For-Profit Social Enterprise
You develop a low-cost innovative product for poor or lower middle class or a product of strategic importance to human life, and sell it at low-cost to the target market, resulting into a revolutionary change in their standard of living, economically, socially, hygienically, physically or mentally (for the differently- abled) etc. You turn profits through volumes.
Is this for me
You need to be passionate about solving a particular problem of the masses and have a solution as well, which may need to be disruptive / innovative in terms of technology, price, distribution, etc. People / companies involved in this business needs to be visionary in achieving short term and long term business objectives.
Insight
Green Digital, Invention Labs etc.
How it was done
D.light venture began in a garage in Palo Alto, California, in 2007 and moved to New Delhi (India), started in 2008 as an Indian consumer products company selling solar lanterns to people without access to reliable electricity.
Investment - Rs 10 Lakh - 1 Crore
Avg. Break even* - Depend on R&D Time
*Profit could be good enough, but the measuring rod here should be the number of lives impacted.
You develop a low-cost innovative product for poor or lower middle class or a product of strategic importance to human life, and sell it at low-cost to the target market, resulting into a revolutionary change in their standard of living, economically, socially, hygienically, physically or mentally (for the differently- abled) etc. You turn profits through volumes.
You need to be passionate about solving a particular problem of the masses and have a solution as well, which may need to be disruptive / innovative in terms of technology, price, distribution, etc. People / companies involved in this business needs to be visionary in achieving short term and long term business objectives.
Insight
“D.light customers have reported that children’s study time has increased by a factor of 2-4 times after purchasing the solar lantern. In addition, each kerosene lantern no longer used, removes 0.5 to 1 ton of carbon emission from the atmosphere,” Sam Goldman, D.light.Other Major Players
Green Digital, Invention Labs etc.
How it was done
D.light venture began in a garage in Palo Alto, California, in 2007 and moved to New Delhi (India), started in 2008 as an Indian consumer products company selling solar lanterns to people without access to reliable electricity.
Investment - Rs 10 Lakh - 1 Crore
Avg. Break even* - Depend on R&D Time
*Profit could be good enough, but the measuring rod here should be the number of lives impacted.
6)Business Incubator
Startups utilize your incubation facilities that include office space, office infrastructure, technology, mentoring, funding, salaries, etc. till they become self sustainable, in return for an equity stake to you in their startup. Only those startups will be incubated that successfully qualify after applying.
You take a small equity stake (`3-10%) in the startup and/ or the startups pay you for the plug n play office space.
Is this for me
You need to have industry contacts to get mentors, an office space to provide to startups, and very good experience in running and helping startups.
Having started an MBA course in entrepreneurship to help students, Mohit Bansal saw the need to help them in actually starting up, so altered his model in Feb 2010 and started the incubator: L-Pad, having 13 acclaimed industry mentors, like Alok Mittal, and a plug n play office with seating capacity of 20 people.
Investment - Rs 10 Lakh - 1 Crore
Avg. Break even - 6 months - 5 years
Margin - 0-50%
Startups utilize your incubation facilities that include office space, office infrastructure, technology, mentoring, funding, salaries, etc. till they become self sustainable, in return for an equity stake to you in their startup. Only those startups will be incubated that successfully qualify after applying.
You take a small equity stake (`3-10%) in the startup and/ or the startups pay you for the plug n play office space.
You need to have industry contacts to get mentors, an office space to provide to startups, and very good experience in running and helping startups.
InsightHow it was done
“If you can ditch your Girl Friend for a date with an [Aspiring] Entrepreneur, you have it!” Mohit Bansal, L-Pad.
Having started an MBA course in entrepreneurship to help students, Mohit Bansal saw the need to help them in actually starting up, so altered his model in Feb 2010 and started the incubator: L-Pad, having 13 acclaimed industry mentors, like Alok Mittal, and a plug n play office with seating capacity of 20 people.
Investment - Rs 10 Lakh - 1 Crore
Avg. Break even - 6 months - 5 years
Margin - 0-50%
7)Out Of The Box Media Platform
You create / buy media space for ads on unexplored spaces and sell them to clients:
On-vehicle ads: You offer a one-stop solution (designing to printing) to clients for ads on vehicles used by the general public; you pay the vehicle owners from your commission.
Ads on photocopy backs: You offer clients bulk ads – for schemes or discount coupons aimed at college students – behind photocopied study notes.
Is this for me
A. On-vehicle ads: You need high skills in car wrapping. You should be able to sell ad space on cars to B2C companies.
B. Ads on photocopy backs: You must be good at sales. You need just-right printing technology to ensure the ads are visible, but don’t disturb the students. You must be methodical to run a multi-college operation.
Inspired by trucks stuck in traffic jams, Raghu Khanna started Cashurdrive in September 2008 with Rs 12-15 lakh. By April 2009, he broke even. Today, he wraps 300-400 vehicles daily, with projects like CWG with him.
Started by Harsh Narang in June 2009, PhokatCopy offers “free photocopies” to students, which are subsidised by revenue from ads behind each sheet.
Investment - A. Rs 12-15 lakh, B. Rs 4-5 lakh.
Avg. Break even - A. 6-12 months, B. 1 year
Margin - A. NA, B. 20-30%
You create / buy media space for ads on unexplored spaces and sell them to clients:
On-vehicle ads: You offer a one-stop solution (designing to printing) to clients for ads on vehicles used by the general public; you pay the vehicle owners from your commission.
Ads on photocopy backs: You offer clients bulk ads – for schemes or discount coupons aimed at college students – behind photocopied study notes.
A. On-vehicle ads: You need high skills in car wrapping. You should be able to sell ad space on cars to B2C companies.
B. Ads on photocopy backs: You must be good at sales. You need just-right printing technology to ensure the ads are visible, but don’t disturb the students. You must be methodical to run a multi-college operation.
InsightHow it was done
“You see problems and issues only when you deviate from your goals. Be focused and determined and you can achieve anything. Failure is a state of mind,” Raghu Khanna, Cashurdrive.
“It is important to understand what the consumer/client wants. Efficiency on a daily basis is necessary here,” Harsh Narang, PhokatCopy.
Inspired by trucks stuck in traffic jams, Raghu Khanna started Cashurdrive in September 2008 with Rs 12-15 lakh. By April 2009, he broke even. Today, he wraps 300-400 vehicles daily, with projects like CWG with him.
Started by Harsh Narang in June 2009, PhokatCopy offers “free photocopies” to students, which are subsidised by revenue from ads behind each sheet.
Investment - A. Rs 12-15 lakh, B. Rs 4-5 lakh.
Avg. Break even - A. 6-12 months, B. 1 year
Margin - A. NA, B. 20-30%
7)Education Tourism
You offer very niche and highly valued educational courses (offshore training) to foreign students combined with customized holiday trips / excursions in India, charging them a combined amount with a premium attached.
Is this for me
Selfless customer focus and excellent HR skills are a must for a successful Offshore Training enterprise as you need world class trainers to offer an impeccable quality.
Insight
Koenig Solutions started in 1993 as a domestic training company, with a capital of Rs 1 crore. In the dot com bust Koenig decided to downsize and focus only on the profitable niches. Koenig saw an opportunity to make an extra buck by bundling hotel tariff in the course fee and making money on commission from the hotel (a miserly amount of Rs 200/- per day seemed likea princely sum to us in those days). The first student came from UK in 2002. Being happy, he agreed to become our referral in UK. We started receiving more students inspite of ramshackle facilities, but gave students 1-on-1 training and abundant attention of admin staff which saved a lot of money. Over the years, our facilities and computers are now state-of-the-art. Koenig is now established as the leader in Offshore Training and other enterprises in South East Asia are following its foot-steps.
Investment - Rs 40-50 Lakh
Avg. Break even - 1 year
Margin - 60%
You offer very niche and highly valued educational courses (offshore training) to foreign students combined with customized holiday trips / excursions in India, charging them a combined amount with a premium attached.
Selfless customer focus and excellent HR skills are a must for a successful Offshore Training enterprise as you need world class trainers to offer an impeccable quality.
Insight
"Persistence and focus eventually pays off. As per the 10,000 hour principle expounded by Malcolm Gladwell in his bestseller “Outliers”, 10,000 hours of practice is a prerequisite for great achievement,” Rohit Aggarwal.How it was done
Koenig Solutions started in 1993 as a domestic training company, with a capital of Rs 1 crore. In the dot com bust Koenig decided to downsize and focus only on the profitable niches. Koenig saw an opportunity to make an extra buck by bundling hotel tariff in the course fee and making money on commission from the hotel (a miserly amount of Rs 200/- per day seemed likea princely sum to us in those days). The first student came from UK in 2002. Being happy, he agreed to become our referral in UK. We started receiving more students inspite of ramshackle facilities, but gave students 1-on-1 training and abundant attention of admin staff which saved a lot of money. Over the years, our facilities and computers are now state-of-the-art. Koenig is now established as the leader in Offshore Training and other enterprises in South East Asia are following its foot-steps.
Investment - Rs 40-50 Lakh
Avg. Break even - 1 year
Margin - 60%
8)Trading Medical Oxygen Cylinders
Medical oxygen is used during surgery, intensive care treatment, inhalation therapy, etc. Apart from being used for treatment of hypoxia or hypoxemia, asthma, bronchitis, pulmonary edema, and chronic obstructive pulmonary disease (COPD). Oxygen is typically supplied to hospitals through bulk liquid deliveries and these hospitals employ distribution points and cylinder trolleys for portable use of medical oxygen.
The skills
Good knowledge of handling the gas cylinders are required so that one can carry this business efficiently.
M/S Al-Can Exports Pvt. Ltd started its journey in the year1985, promoted by a technocrat Vijay K. Parikh. Mr. Parikh is one of the leading manufacturers and exporters of seamless Aluminum Bottles & Containers for packing Industries. Al-Can Exports thrives to provide quality product and prompt service.
Investment - Rs 1-5 Lakh
Avg. Break even - 1 year
Margin - NA
Medical oxygen is used during surgery, intensive care treatment, inhalation therapy, etc. Apart from being used for treatment of hypoxia or hypoxemia, asthma, bronchitis, pulmonary edema, and chronic obstructive pulmonary disease (COPD). Oxygen is typically supplied to hospitals through bulk liquid deliveries and these hospitals employ distribution points and cylinder trolleys for portable use of medical oxygen.
Good knowledge of handling the gas cylinders are required so that one can carry this business efficiently.
InsightHow it was done
"Our company produces cylinders after getting orders from oxygen producers. The standard color codes are then painted on the cylinder before it is delivered. The cost of cylinders depends on the size. On an average, a cylinder of 5L would cost around Rs 3,000 while a 47L cylinder would cost around Rs 6,000," Vijay Parikh, Al Can Exports Pvt Ltd
M/S Al-Can Exports Pvt. Ltd started its journey in the year1985, promoted by a technocrat Vijay K. Parikh. Mr. Parikh is one of the leading manufacturers and exporters of seamless Aluminum Bottles & Containers for packing Industries. Al-Can Exports thrives to provide quality product and prompt service.
Investment - Rs 1-5 Lakh
Avg. Break even - 1 year
Margin - NA
9)Job Aptitude Testing Services
When it come to recruiting right person for a job, a large number of organizations in India don’t have the rightmost procedures to judge whether the candidate even has an aptitude in that field or if he/she is just struggling for a job. Very specialized job aptitude testing service can be a great service to those companies, specially for ones that go for campus recruitments. You develop a product, that can be customized for companies and can even conduct the exam on behalf of them in campuses.
The skills
- Should be good at psychological profiling of people
- Knowledge of HR needs of company
- Technical knowledge of various kinds of tests used in recruitment
- Technical expertise to develop software
The players
Aspiring Minds
When it come to recruiting right person for a job, a large number of organizations in India don’t have the rightmost procedures to judge whether the candidate even has an aptitude in that field or if he/she is just struggling for a job. Very specialized job aptitude testing service can be a great service to those companies, specially for ones that go for campus recruitments. You develop a product, that can be customized for companies and can even conduct the exam on behalf of them in campuses.
The skills
- Should be good at psychological profiling of people
- Knowledge of HR needs of company
- Technical knowledge of various kinds of tests used in recruitment
- Technical expertise to develop software
The players
Aspiring Minds
Investment-1-5 lakh
Avg Break Even-2 year
Margin- 60 %
10)Manufacturing Wings
Indian hair is considered to be fine, lustrous and free from chemical treatments, making it suitable for manufacturing wigs. You can become a hair wig manufacturer or exporter and have customers throughout the globe, including celebrities! The hair exported can be either raw or processed/polished. The profit margins are around 15% and 50% respectively.
The skills
Creativity to experiment with different kinds of hair designs
The players
Savvy Wigs and Hair International.
Indian hair is considered to be fine, lustrous and free from chemical treatments, making it suitable for manufacturing wigs. You can become a hair wig manufacturer or exporter and have customers throughout the globe, including celebrities! The hair exported can be either raw or processed/polished. The profit margins are around 15% and 50% respectively.
The skills
Creativity to experiment with different kinds of hair designs
The players
Savvy Wigs and Hair International.
Investment:5 Lakh
Avg Break Even-1 year
Profit-50 %
Some more Startup business You can Look After were
11)Day Spa
Rejuvenating one’ s mind, body and soul can be capitalized by venturing into a day spa business offering services like massage, facial, body facial, skin exfoliation etc. These offerings can further be subdivided and customized as per individual needs. Approximately, 50 lakh minimum investment without surgical equipments, would be required.
The skills
Qualification in this specific field and/or experience of working in a reputed spa would help. You need to hire skilled professionals in setting up the business which may be in shortage
The players
Blue terra spa, Akasha Boutique Spa, Tattva etc
Rejuvenating one’ s mind, body and soul can be capitalized by venturing into a day spa business offering services like massage, facial, body facial, skin exfoliation etc. These offerings can further be subdivided and customized as per individual needs. Approximately, 50 lakh minimum investment without surgical equipments, would be required.
The skills
Qualification in this specific field and/or experience of working in a reputed spa would help. You need to hire skilled professionals in setting up the business which may be in shortage
The players
Blue terra spa, Akasha Boutique Spa, Tattva etc
Investment:10 -50 Lakh
Avg Break Even-2-3 year
Profit -30 - 40 %
12)Heritage Tourism
Heritage tourism contributes well over 60 percent to the overall share of tourists in India, both domestic and foreigners. With greater awareness among entrepreneurs and tourists, demand for sightseeing heritage monuments in under-explored areas is rising, be it tour operation, transport, restaurants, hotels, and airlines.
The skills
Good marketing skills, historical knowledge of the particular heritage monuments, very good guides and reliable tie-ups.
The players
Apass India Leisure Solutions
Heritage tourism contributes well over 60 percent to the overall share of tourists in India, both domestic and foreigners. With greater awareness among entrepreneurs and tourists, demand for sightseeing heritage monuments in under-explored areas is rising, be it tour operation, transport, restaurants, hotels, and airlines.
The skills
Good marketing skills, historical knowledge of the particular heritage monuments, very good guides and reliable tie-ups.
The players
Apass India Leisure Solutions
Investment:5 Lakh
Avg Break even-1 year
Profit:60 %
13)Medical Tourism Guide Agency
The flourishing medical tourism in India drives the potential of embarking into a travel company that provides complete package including healthcare arrangements, stays in hotels, after-treatment stay etc to foreign patients. These agencies will act as a facilitator between patients and various hospitals, hotels and tour companies. Besides, they also provide treatment advisory services to medical tourists. The patients will choose different types of treatments, hospitals, packages and a convalescent holiday after their treatment.
The skills
No specific qualification is essential but the industry knowledge helps. You need to market very well, as medical tourism in countries like Thailand and Bangkok pose threat to Indian medical tourism.
The players
Travel India Company
The flourishing medical tourism in India drives the potential of embarking into a travel company that provides complete package including healthcare arrangements, stays in hotels, after-treatment stay etc to foreign patients. These agencies will act as a facilitator between patients and various hospitals, hotels and tour companies. Besides, they also provide treatment advisory services to medical tourists. The patients will choose different types of treatments, hospitals, packages and a convalescent holiday after their treatment.
The skills
No specific qualification is essential but the industry knowledge helps. You need to market very well, as medical tourism in countries like Thailand and Bangkok pose threat to Indian medical tourism.
The players
Travel India Company
Investment:5 Lakhs
Break Even-1 year
Profit:40 %
14)Manufacturing Water Purifers
Water purifier business is the new trend catching up in India. Starting up a water purifier business is lucrative and requires knowledge of the product. There are several kinds of purifiers in the market. Most popular types are RO (reverse osmosis) and UV (ultraviolet) based. Besides these, there are simple candle filter purifiers, softener plants, and water distilling plants (used only for commercial purposes). To venture into this business one needs to set up a small manufacturing unit with not so high end machines with an investment of about Rs. 1 lakh - 4 lakhs. For the middle class market, this a price sensitive product.
The skills
Knowledge of manufacturing the water purifiers and/ or experience of working in the same.
The players
Eureka Forbes, Usha, Kent, Unilever, Bionics
Water purifier business is the new trend catching up in India. Starting up a water purifier business is lucrative and requires knowledge of the product. There are several kinds of purifiers in the market. Most popular types are RO (reverse osmosis) and UV (ultraviolet) based. Besides these, there are simple candle filter purifiers, softener plants, and water distilling plants (used only for commercial purposes). To venture into this business one needs to set up a small manufacturing unit with not so high end machines with an investment of about Rs. 1 lakh - 4 lakhs. For the middle class market, this a price sensitive product.
The skills
Knowledge of manufacturing the water purifiers and/ or experience of working in the same.
The players
Eureka Forbes, Usha, Kent, Unilever, Bionics
Investment:10-50 lakh
Break even :3 year
Profit:30-40%
15)Food Website With Automated Calorie Calculator
A common food website with recipes, videos and blogs on food with uncommon features like automated calorie calculator and converter has the potentiality to gain market shortly. The calorie calculator and converter is a tool resembling excel, where users input his diet (broken up into items and quantity) and it would convert the same in calorie. This tool should also work the other way around.
A common food website with recipes, videos and blogs on food with uncommon features like automated calorie calculator and converter has the potentiality to gain market shortly. The calorie calculator and converter is a tool resembling excel, where users input his diet (broken up into items and quantity) and it would convert the same in calorie. This tool should also work the other way around.
Is this for me
No specific qualification required. But food related course will surely help.
How it was done
Sumit Goyal, Founder and CEO of FoodandNightlife wanted to use his knowledge of food industry. His trips to foreign countries also inspired him to launch a food website, because outside India, every country has a food magazine. India did not have that and to capitalize this gap he launched FoodandNightlife in the year 2009. It covers all kinds of food and nightlife related business. Food and Nightlife magazine is a sister concern of Mr. Goyal’s FoodandNightlife website and it was launched in September 2009.
Investment - Rs 5-10 Lakh
Avg. Break even - 3 months - 1 year
Margin - 30%
No specific qualification required. But food related course will surely help.
Walt Disney once said, “All our dreams can come true, if we have the courage to pursue them.” I believe one should dream big and then live up to turning dreams into reality,” Sumit Goyal-Founder & CEO FoodandNightlife.com.
How it was done
Sumit Goyal, Founder and CEO of FoodandNightlife wanted to use his knowledge of food industry. His trips to foreign countries also inspired him to launch a food website, because outside India, every country has a food magazine. India did not have that and to capitalize this gap he launched FoodandNightlife in the year 2009. It covers all kinds of food and nightlife related business. Food and Nightlife magazine is a sister concern of Mr. Goyal’s FoodandNightlife website and it was launched in September 2009.
Investment - Rs 5-10 Lakh
Avg. Break even - 3 months - 1 year
Margin - 30%
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