Looking for small business startups in Uttar Pradesh? This article outlines the top 10 small investments for Lucknow, Ghaziabad, and Moradabad in the state.
The gross state domestic product for 2013-14, measured in nominal dollars, stood as the second highest in India at 130 billion. UP is a farming state that happens to contribute 18.9% to the nation’s food grain supply.
The industrialization has been developing swiftly in recent times with booming electronic industries mainly located within UP-Delhi-NCR and Lucknow-Kanpur Corridor producing all sorts of hardy goods.
Tourism is growing rapidly in Uttar Pradesh, which attracts both domestic and overseas tourists. The World Bank and KPMG have found that the state of Uttar Pradesh ranks 10th in ease of doing business and 5th in labor regulations compliance.
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List of Top 10 Small Business Ideas In Uttar Pradesh, U.P
#1. Battery Reconditioning
With low initial costs, you can set up a battery reconditioning business in Noida, Uttar Pradesh — the hub for the semiconductor industry with numerous offices and R&D centers.
Reconditioning batteries involves adding certain chemicals and using easy methods to bring them back to their original power. The battery reconditioning business provides this service.
#2. Detergent Powder Manufacturing
With a population of 200 million people, Uttar Pradesh is the most populous state in India. Consumer-durable items like detergent powder are better off having markets in areas with high population densities; thus, Uttar Pradesh is an ideal place for such a market.
With an adequate amount of funds, you can launch your own laundry detergent production. The process is straightforward – just combine the proper ingredients in the right formulation.
#3. Fashion Design Institute
Handwoven and handmade items are two main cottage industries in Uttar Pradesh. Starting a fashion design institute here is perfect for those who are knowledgeable about the topic, artistic, and have plenty of experience with courses in this field.
#4. Fruits Vegetable Export
During the 2014-15 fiscal year, Uttar Pradesh grew more than 21.47 million tons of vegetables and is thus the second biggest vegetable producer across India.
Exporting fruit and vegetables from Uttar Pradesh is a very lucrative small business opportunity; however, one must possess sound knowledge about the international market in order to make it profitable.
#5. Leather Garment Making
Agra and Kanpur in Uttar Pradesh are the two primary production centers for leather and leather goods, with more than 11,500 units. Additionally, there are around 200 tanneries located in Kanpur.
Starting a leather garment business can be profitable in Uttar Pradesh because of the abundance of raw materials. Those with experience making leather items can become fashion designers and launch their own ventures.
#6. Livestock Feed Production
In FY 2014-15, Uttar Pradesh accounted for nearly 17 percent of India’s milk production and its commercial livestock farming plays a major role in the state’s economy.
In Uttar Pradesh, producing livestock feed can be a meaningful, low-cost business venture. Proper planning and understanding the right mixing formula are essential for starting this kind of enterprise.
#7. Recruitment Agency
Due to its abundance of skilled workers, the state has become a major center for IT and IT businesses, including software development, captive business process outsourcing (BPO), and electronics.
Uttar Pradesh has become a center for the semiconductor industry with big companies having offices and research centers there. This makes a recruitment agency a lucrative business idea that can even be run from your home.
#8. Specialty Soap Making
Handicrafts are a specialty in Uttar Pradesh. One such crafty product is homemade soap, which can be started and managed from home without requiring much capital investment.
#9. Travel Agency
Uttar Pradesh, home to the Taj Mahal, considered one of the Eight Wonders of the World in Agra, is a sought-after tourist destination in India. In
#10. Vermicompost Organic Fertilizer Production
Uttar Pradesh produces substantial amounts of food grain, with a total of 50.05 million tonnes in 2013-14 representing 18.90% of the nation’s output. Its primary crops are wheat, rice, pulses, oilseeds, sugar cane, and potatoes.
Vermicompost production is a lucrative business opportunity with a low startup cost in Uttar Pradesh, due to the need for quality fertilizer.
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