Thursday, November 28, 2024

21 Small Business Ideas in Odisha With Low Investment

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If you’re looking to set up shop in an emerging economy, Odisha is one of the best places to do so. It’s slowly becoming a hub for the startup community, which means there are plenty of opportunities for people who aren’t afraid to get their hands dirty.

However, if you don’t know where to begin, here are 21 small businesses in Odisha that can give you some inspiration.

Pet Sitting

You may like to read: 33+ Small Business Ideas In Gujarat With Low Investment

Table of Contents

There are lots of small business ideas in Odisha.

  • Food Delivery Business
  • Handicraft Business
  • Online Coaching Business
  • Start an Ecommerce Business
  • Pet Sitting
  • Tea Stall
  • Tourism Related Business
  • Solar Energy Business
  • Start a Franchise Business
  • Taxi Business
  • Cashew Nut Processing Business
  • Event Management
  • Start a self-driven car rental business
  • Jute Bag Making
  • Candle Making Business
  • Start a Blog
  • Open a Beauty Parlor
  • Open a Coffee Cafe
  • Chocolate Making
  • Food Parlour
  • Cloth Boutique
  • Conclusion

1. Food Delivery Business

Besides Bhubaneswarpizza, online food deliverers in the remainder of the locations of Odisha are inadequate. When individuals are in dire require of it, you could begin your company on a modest stage by offering meals.

You should get in touch with hotels and eating places and create an online ordering system. It is one of a kind best business in Odisha if you acquire the correct location in the industry.

2. Handicraft Business

People across the globe recognize Odisha for its handicrafters. Horn works, terraces and pottery are the foremost handiworks of Odisha.

Handcrafts are an excellent resource to make cash and begin an enterprise by selling them online or tying up with individuals who export out of India. It is one of the greatest small enterprises with little financial commitment in Odisha.

3. Online Coaching Business

Online coaching classes provide you with the freedom to work from home. You can start your own business without investing any capital. The initial investment is very low and highly profitable. Rural people can learn the skills needed to run their own businesses through these courses.

Read: 21 Small Business Ideas In Manipur With Low Investment

4. Start an Ecommerce Business

Businesses in Odisha are booming because of the growing population. People are moving out of rural areas into cities where they find jobs. They also need goods and services.

Goods and services are not easily available in these remote places so people rely on businesses. These businesses offer products and services to customers who come to them in order to get what they need.

5. Pet Sitting

If you’re passionate about pets, then pet sitting could be an excellent way to earn some extra income. As many houses in India now own a pet, there’s plenty of room for expansion into this niche market.

6. Tea Stall

Tea is still one of the most loved beverages among all Indians. If you make outstanding tea, then starting a tea stand is one of the best business opportunities in Odisha. Providng a good product will attract numerous customers to your shop.

7. Tourism Related Business

Tourist attraction holds high potential and contributes mainly to Odisha’s economy. If you’re interested in exploring new places or communicating, then becoming a tour guide, lodger, or photographer could be highly profitable and is one of the best small businesses with low initial investments in Odisha.

8. Solar Energy Business

Solar energy is one of the best renewable energy sources for Odisha since it provides power during the day when there is no sunlight and also has an abundance of sunshine. You can easily set up a solar energy company in Odisha.

9. Start a Franchise Business

If you want to earn more profits, then owning a franchise of a good brand is an excellent option.

10. Taxi Business

Taxi services have grown tremendously over the past few years because of an increase in air travel. If you choose the right kind of vehicle and the right amount of vehicles, you could easily make a considerable amount of money from this venture. It’s one of the top small businesses in Odisha.

11. Cashew Nut Processing Business

Raw cashews aren’t recommended because they’re not properly processed. However, if you want to sell them, you need to know the market opportunities.

This is an excellent small-scale enterprise idea in Odisha. Understand the market opportunities and get a good position in them.

12. Event Management

If you’re good at planning and running events, then this business idea is probably for you. However, if you want to earn big bucks from it, you need to offer exceptional services to your clients.

13. Start a Self-driven Car Rental Business

The car Rental Industry is one of the most lucrative industries in Odisha. People really love to rent a car for their travel needs. If you know where to look, you can easily get a good deal from any car rental company.

14. Jute Bag Making

Odisha is most known for horticulture. Jutecure is an important part of everyday life, we utilize it for our daily necessities. It is one of the best small businesses in Odisha if vital raw materials are utilized, and the appropriate strategy is implemented to make it profitable which means it is one of the best business ideas in Odisha. One can start this enterprise in Chattisgarh also.

15. Candle-Making Business

The most important thing when starting any kind of small-scale manufacturing company is to be able to produce something people want. You don’t need a huge budget to start up a successful small-scale manufacturing company.

16. Start a Blog

If you’re interested in making money from blogging, then there’s no better time than now. There’s a lot of interest in blogging these days.

17. Open a Beauty Parlor

If you’re interested in it, it could be an excellent small enterprise idea for you. Starting-up costs are low, and you can run the operation at home.

18. Open a Coffee Cafe

India is the largest producer of coffee. It’s one of the favorite drinks among Indians. To open a coffee shop requires low cost initially. You can easily attract lots of clients by offering great customer service.

If you’re looking for small business ideas in Sikkim with low investment, read these articles.

19. Chocolate Making

If you’re looking for an easy way to start up a small online store, then selling handmade goods might be the best option for you. You don’t have to worry too much about inventory costs because they’re quite minimal.

However, if you want to succeed in this venture, you must first understand the needs of your target audience and ensure that you provide them with exactly what they’re looking for.

20. Food Parlour

A good way to get started with this type of small-scale restaurant is to buy a building and use it for a restaurant. You don’t need any special skills or experience to run this kind of restaurant.

21. Cloth Boutique

It’s a small scale enterprise concept. To get this venture started, you must decide what kind of clothing items you would like to sell, then develop your own line of merchandise.

You can either do this yourself or hire someone else to help you out. Either way, you’ll need to find a location where people can buy your products. Once you’ve done this, you can start selling your goods. The profits will be good.

Here are some of the best ways to get started in Odisha. Choose whichever one suits you best. It may take time to get things rolling but once you’re up and running, it’s not going anywhere.

You may like to read: Top 21 Small Business Ideas In Manipur With Low Investment

Balaj Faheem
Balaj Faheem
Balaj Faheem is the go-to source for business news, investment tips, and finances. With over ten years of experience in the industry, Balaj is a trusted authority on all things business.

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