You need super fresh ideas which are unique and appealing to the market if you have decided to open a start-up or invest in a business fund. Anyone can be an entrepreneur.
Still, you need to be exceptionally well planned and take concrete decisions regarding the business type as everything you decide now will sow you benefit ten years down the lane.
The process of designing the market strategy or securing investments or finding an office with efficient employees is a task.
But more than that, you require some serious thought while selecting the line of business.
You need a business plan which will suit your target consumer in the specific geographic area,
market demand of the product so that you get a full proof strategy to enter India
and it’s society and most importantly will be within your budget of investment.
Exclusive Business Ideas
Here is a list of ten exclusive business ideas you can go through if you are willing in setting up a business in India but with a low budget.
With the increasing pollution rate, especially in the metro cities, people are in dire need of pollution masks.
Now, few are available in the market, but the majority of them are made up of synthetic material which often people do not find comfort in.
Read More: How to Contact small business owners
If you aim in manufacturing pollution masks and also look after the quality along with the material (cotton or muslin or rayon), it will be a significant hit!
Amongst the various future business ideas in 2020, the one selling like hotcake is a diagnostic centre.
If you can manage a fair spacious property in a market or in a place which is very well linked with the city, you are free to open a diagnostic centre.
You can appoint a few assistants having a medical background who will collect blood samples for various medical test.
You can either send to multiple labs for the report or can set it up in your premise.
India is getting digitalized. From books to music, food delivery app to doctor’s appointment, everything is online, and just a click away.
It will be of enormous profit to you if you could design a mobile app for something that is necessary for the contemporary market.
Focus on the needs of society, and you are good to plan a strategy to enter India.
If you are looking to do something from home and you have an interest in designing and fashion,
you can think about the jewellery business. Indian women are insane when it comes to jewellery.
Mostly, they prefer customized ones of silver or other oxidized materials since it is cheaper,
can be found in various designs and is safe than to wear gold or other expensive metals.
For setting up a business in India, you can also consider any idea which would be using reusable materials for the manufacturing process.
The government has been promoting such companies.
So, you make money and serve the environment as well.
Another way to settle up a business in a low budget is to open a beauty salon.
You can open it as unisexual one or a salon for either of the sex.
Both men and women of the country are totally hooked to it,
and they go to a salon even for a hair-cut. It has a good return once you become reliable.
If you are trained in yoga, Zumba, meditation or belly dance,
all you need is to rent a space and put up a signboard.
People these days are extremely stressed with their lives
and them often such for recreation or something which will ooze out the worries.
You can help people in distress and also make a living for yourself.
Fashion designers are very much in need for the different stores opening in urban or semi-urban localities.
You can apply or open a store which is a great future business idea for 2020.
The pre-school community make business about 4000 crores every year.
You can always open one with your existing resources.
You can instigate interest and bring a new dimension to education with your 3D designs and paintings.
It’s an advancing industry, and you may proceed with this venture.