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Women from all walks of life have always been multitaskers, balancing home and demanding careers. They may need to take a step back from time to time to nurture their commitments. On the other hand, modern women have taken this in stride and have turned into job creators rather than job seekers. There has been an increase in the number of women who have started their businesses in India. They have carved out a place for themselves in all walks of life, contributing to their families and the economy.
Let us look at the most successful business ideas for women in India.
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21 Small Business Ideas For Women In India
1. Laundry Business
You will be surprised to know that laundry service can give you a massively profitable business. Even though the entire industry is underrated, it has got great potential. The laundry industry was valued at $38.53 bn industry and it is forecasted to grow at a CAGR of 4.96%. This makes it one of the perfect business ideas for women in India.
If you are aiming to get best returns on your investment, be prepared to put in rigorous efforts, hard work, and invest time towards research and ground-level work. However, there is an easy way to have profitable laundry business as well. If you don’t want to start from scratch, you can join a successful laundry franchise. To analyse which option is better, you can read more on franchise V/S own Business in the laundry industry, and make the best decision for yourself.
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2. Food Business
If you enjoy cooking, you might have dreamed of having your own restaurant someday. it is finally time to turn it into reality. The best part about a food business is that you can start it at any scale depending on your budget. You don’t necessarily have to establish a lavish restaurant, a basic food stall or food truck can give you a good start too.
The right service (good quality food + hospitality) and right advertisement are two major requirements for this common yet promising business idea for women. Nowadays, you can easily spot valuable courses on starting food business which can make your foundation even stronger.
3. Selling Home Decor Products
During the COVID-19 pandemic, people spent more time at home and got interested in home decor. It became a highly profitable industry. Since 2021, the home decor industry has been growing and is expected to keep growing until 2026.
With the help of augmented reality, online shoppers can now see how furniture and decor will look in their homes before buying. Facilities like these, have boosted online sales of home decor products to a great extent.
If you choose the right products to sell and present them properly through appealing photos and videos to your target audience, your business will soon gain a decent customer base. Selling home decor, therefore, stands as of the best business ideas for women in 2024 as you can manage it online as well as offline.
4. Pet-Care Business
If you’re an animal lover, you can think of starting a business of pet care. Now, pet care is broad term. From dog walking to watching on pets for the entire day, there are a lot of diverse ways of serving pets.
You might be excited about spending lots of time with them. You can build a team of pet lovers after sorting the infrastructural requirements and kickstart your pet care business.
If you can manage to provide good customer service, Pet care can be one of the best business ideas for women who can understand pet needs and provide good customer service.
5. Virtual Teaching
More colleges, universities, and even elementary schools are offering online courses than ever before. With people becoming more accustomed to learning online, there’s a growing market for remote teaching, a trend that’s expected to continue.
Online courses can teach just about everything a person might want to learn—from cooking to playing the piano, so it’s an industry that offers a ton of niching possibilities. A growing industry with a ton of niches is perfect for new merchants looking to establish themselves.
In terms of revenue streams—you could sell access to recorded lessons, sell tickets to live streaming sessions, and even sell relevant, accompanying products in an online store.
6. Event Catering
Whether it’s a wedding, baby shower, product launch, or a store opening, we Indians love to celebrate everything on a grand scale. Hosts don’t have the time to do everything with such big celebrations. Here comes the role of an event management company. They are rarely out of business.
You need an office as your base, a workforce, and contacts of multiple reliable vendors to run an event management business successfully.
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7. Day Care Services
Daycare services are extremely in demand by the working class. If you have reliable resources to provide ideal care to children while their parents are at work, you should definitely consider this business idea.
As per IBIS World, the daycare business has a profit margin of around 15%. And according to Technavio reports, this market is forecasted to grow at a CAGR of 9.57% in India and scale to $957.86 million by 2026. There is no end to opportunities, demand, success and growth for those offering trustworthy daycare services.
8. Blogging
Blogging is undoubtedly best for those who are interested in an extremely low-investment business idea in India. Because all you need is to have fluent writing skills to start your own blog. People are running their blogs as a side hustle while working 9-5, you can do it too.
Here is what all you need to do:
- Select the blog’s niche
- Select hosting service and free domain
- Select blog name
- Develop content strategy
- Promote your blog
- Keep it updated
9. Baking
The bakery industry in India is all set to rise with 8.5% of CAGR during 2021-2026. By 2026, it is expected to be valued at USD 12.39 billion. Hence, it can definitely provide great business ideas for women in India.
The best part of a baking business is that you can even start it from home with minimal investment too. A huge budget and fancy infrastructure are not going to be a matter of concern. If someone is good at bakery skills, this startup business idea can run well in India.
10. Fitness Coaching
The global personal fitness trainer market was estimated to be valued at USD 39.750 million in 2022. Whereas, in India, the total revenue is expected to grow at a CAGR of 9.39% and the expected value is USD 34.60 million by 2027.
The buzz around health and fitness these days is hard to miss these days. And the demand for female fitness trainers is also at its all-time high, hence fitness training has emerged as one of the great business ideas for women in India.
11. Self-Improvement Coaching
Hustle culture has created an atmosphere in which people are actively looking for mentors. They are valuing external perspective and guidance to achieve both their personal and professional growth. And, a self-improvement coach or a life coach provides people with these things.
You can research how to become a self-improvement coach and build a team of similar professionals to start your business. The more diverse talents your team will have the better aura you can create as an entity.
As per GrandViewResearch, the market size was of “personal growth” or “self-improvement” industry was valued at USD 41.81 billion in 2021 and is expected to grow at a CAGR of 5.5% from 2022 to 2030. Looking at such big numbers it is crucial to dig in this field and find one of the best business ideas for women.
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12. Mushroom Farming
Mushroom is loved by Indians and used massively everywhere from households to restaurants and hotels. Mushroom farming can provide you with a profitable business with low investment.
There are three types of mushrooms that are cultivated in India: straw mushroom, button mushroom and oyster mushroom. All three of them need specific temperatures to grow. This implies if you want to grab this business opportunity, you will have to consider multiple things for mushroom farming, such as a green room where the temperature can be controlled.
13. Party Décoration
Party décor or event décor business holds a great growth potential as parties, celebrations and events take place at all scales throughout the nation. However, the basic requirement is to have the right skillset and creativity to standalone amid heavy competition. If you can build a perfect team and have sufficient time to invest in acquiring clients and offer best possible services with a sense of uniqueness, you should try your hands into party decoration. It is undoubtedly a profitable business idea for women.
14. Selling Handicrafts
Selling handicrafts has a lot of growth potential as a business idea for women. it is one of the most promising and important sectors in the Indian economy. From sculptures to traditional jewellery, woodware to clothes, there is a huge variety of products. You can choose them as per your interest, convenience and capability. For example, in order to sell large wooden handicrafts, you must have a certain space for inventory.
There is a huge demand of authentic Indian handicrafts in both domestic as well as in international markets. And, handicrafts can be easily sourced from rural areas. Hence, if you are looking for a profitable business by spending less money, handicrafts can help.
15. Selling Accessories
Scrunchies, phone cases, jewellery, watches, wallets, and so many other products are counted as “accessories”. You can actually start a small or large-scale business in this realm as per your budget.
Just in case you think there is no great growth in this business idea for women, then you should study the market size. As per reports, the accessories market in India was valued at INR 285.6 billion. Today, people (irrespective of their gender) show an inclination towards fashion accessories. You only need a little creative sense and a reliable source of beautiful and futuristic fashion accessories to rule the market. And this can be one of the best low-investment business ideas, especially if you are trying to do it as a side hustle.
16. Exclusive Nursery
Gardening is a much-loved hobby of many people. Even people with small homes manage limited space for gardening. Plants are also widely used as home decorations and natural air purifiers. And with increasing awareness, everyone considers plantation as their responsibility and contribution towards reducing global warming. Therefore plant nurseries are in demand in both small and big towns which makes it one of the ideal business ideas for women.
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17. Pharmaceutical Business
India is the world’s largest exporter of generic drugs. The global pharmaceutical manufacturing size was approximately $486.62 billion in 2021. If we look at the Indian drug & pharmaceutical exports, it was a whopping $2,196.32 million in September 2022. These massive numbers clearly indicate the immense scope for growth in the pharmaceutical business.
Pharma is one of those industries which did not slow down during the Covid 19 pandemic. It is indeed one of the most profitable businesses in India. And, the best part is there are multiple gateways to enter this industry such as manufacturing, research, raw material procurement, engineering, etc.
18. Professional Organizing
Professional organizers offer a varied range of services ranging from designing a functional wardrobe to organising a room set-up. They help in improving the proper management of time, resources and possessions. Hence, their services are considered valuable in urban areas.
Currently unpopular, this business idea for women is steadily coming into the limelight. This is the right time to enter this realm, build contacts, offer the best quality service and advertise aggressively. By doing all of this, you can establish yourself as an unparalleled brand and dominate the market in the upcoming years.
19. Cloud Kitchen
Cloud Kitchen, also known as Ghost kitchen has created a buzz around. It is basically a shared kitchen space between various restaurants. You should only have a well-equipped cooking space in a commercial area. Unlike mainstream restaurants, cloud kitchen facilitates online food orders at low cost. Due to this reason, they are expected to have substantial growth in upcoming years.
As per some reports, the Indian cloud kitchen market may reach USD 1.9 billion by 2026. This is a clear indication that a cloud kitchen can give a profitable business in India with low investment.
20. Interior Designing
Interior design market in India was valued at $31.5 billion in 2023, and it is expected to grow at a CAGR of 8.81% from the period of 2024-2032. This clearly shows the immense potential this filed holds for budding entrepreneurs.
If you have a relevant degree, do not hold back yourself from trying entrepreneurship. You can always pursue a diploma course in interior designing to leverage the demand for high-quality services. If given the right knowledge, team and exposure, interior design service can definitely one of the best business ideas for women.
21. Website Designing
As per Statista, web hosting market is expected to reach US$ 3/92 billion in 2024 with a CAGR of 28.95% during 2024-2028. This is a clear sign to show the real potential a career in Website designing holds. Hence, it deserves to be among the top 21 business ideas for women. If you already got skills of web designing then you should definitely proceed to try entrepreneurship by selling your skills. In case you lack basic understanding but have sincere interest in this field, you can enroll in website desining courses which are available at numerous reputed platforms in abundance.
Hopefully, the above-mentioned list provided you with valuable insights about best business ideas for women in India.
For more such insights, keep checking our blogs.
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Disclaimer: The opinions expressed in this article are those of the author. They do not necessarily purport to reflect the values or views of Tumbledry.
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