A majority of people in Tripura depend on farming for their livelihoods. This Indian state is located in the north-east and has Agartala as its capital, which provides an ideal location to launch a small venture.
However, due to Tripura’s low economy, high levels of poverty, and inadequate infrastructure, industrial growth rate is slow there, leading to issues with unemployment.
If you’re looking to start your own business in Tripura but don’t know where to start, here are 11 small business ideas to consider.
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Table of Contents
11 Small Business Opportunities in Tripura
- Food Processing
- Jute Bag Making
- Tea Bag Making
- Tour Guide
- Mushroom Farming
- Rubber Band Manufacturing
- Fish Farming Business
- Freelance Writer
- Fast Food Cafe
- Beauty Salon
1. Food Processing
As Tripura is an agricultural-based state, its climate is advantageous for farming. The most widely grown crops are orange, jackfruit, potato, lemon, mango, banana, etc., making it a great option for small businesses with the right plan of action in place.
2. Jute Bag Making
Jute is the main agricultural export of Tripura. Establishing a jute bag business is an appealing investment that has a low cost but yields high returns in Tripura. This particular venture has been successful in Andhra Pradesh.
3. Tea Bag Making
The weather in Tripura is suitable for growing tea, so you could launch a tea production business on a small scale with minimal investment- just the tea itself and paper bags. It’s one of the most cost-efficient business ideas that you can start in Tripura.
4. Tour Guide
Tripura is renowned for its diverse cultural history, values, and religions. Travelers from around the globe come to experience its tourism.
Since it is located in India’s northeast, the vegetation and wildlife are extraordinary. Becoming a tour guide does not cost much money and is one of the leading small business ideas in Tripura.
5. Mushroom Farming
Tripura is an ideal region for cultivating mushrooms due to its climatic conditions, making it a top producer of mushrooms in the area. Starting a mushroom farming business in
6. Rubber Band Manufacturing
Tripura is the top producer of rubber in India which offers great business chances; rubber band manufacturing is highly profitable because there is a big market and excellent opportunities, making it one of the ideal businesses to invest in to gain great returns.
7. Fish Farming Business
Fisheries are essential for the social and economic growth of Tripura. Because of the heightened demand for fish, fish farming is one of the most advantageous small business opportunities that Tripura’s residents can consider.
This endeavor centers around great profitability, making it one of Manipur’s best business possibilities too.
8. Freelance Writer
If you have superb writing abilities, then you can make money from them. In Tripura, this can form the best small business opportunities if writing is what you want to do as a profession.
As a freelance writer, your duties may include creating blog posts, content for websites, articles, copies of documents for clients and get paid in return. This is among the top low-investment business ideas in Tripura.
If you own considerable photography competencies, start your own photography business. You may choose to open the business on a miniature scale by handling modestly sized photo sessions and constructing your portfolio with every new image.
Ultimately, you can broaden your services by asking for endorsements and publicizing your brand. It is additionally feasible to operate this type of enterprise in Sikkim.
10. Fast Food Cafe
Investing in fast food cafes can be a great business plan for Tripura. To make sure you’ll gain profit from doing so, you need to pick the right location and offer varied cuisine to your target group of customers.
11. Beauty Salon
As people are more aware of their looks, the demand for good beauty salons is on the rise. Owning one can be a great and easy business venture since only a small amount of money is needed and you only need minimal interest and practice to run it.
Here are some of the most profitable small business ideas in Tripura. With plenty of opportunities available, you can pick and choose to start a business based on your interests.
Do you have any other business ideas? Please feel free to share them in the comments.
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