Want to Become an Entrepreneur? Start These Top Businesses in India

Calibrating risk factor, success rate and market demand are important while picking the right business for you
  • BY Jaspreet Kaur

    Feature Writer, BusinessEx

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  • Apr 26,2021
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  • 11 Mins Read

With the changing times, a slew of new businesses have emerged. Upcoming business ideas or models are flexible, in turn, altering to cope up with the shifting trends. Therefore, it is variable to  achieve fruition in a business. Entrepreneurs have to adopt the latest trends and become competent in the market. Keeping this mind, aspiring businessmen have to be cautious while choosing any business idea. Calibrating risk factor, success rate and market demand are important while picking the right business for you.

On the flip side, there are some business opportunities that stay lucrative and susceptible in adversities as well. Entrepreneurs-to-be should pay heed to these top businesses in India. Want to start these businesses? Then, here are three popular businesses in India 

Milk Transport Business 

Milk is an essential food element for physical and mental development. It consists of several nutritions, thus, becoming a prerequisite in the diet of all age groups. According to a report by Statista, the country’s dairy industry is wide-ranging, with products such as ghee butter, lassi, and paneer. Curd and yogurt are the most valuable segments in the industry. Milk production in India increased over the past decade, reaching over 187 million metric tons in 2019.

The business is also counted as an essential business in the modern times. If entrepreneurs are interested in taking part of the business, they have to set up a milk plant. Following this, they have to supply milk in neighbouring rural as well as urban regions. Building rapports with vendors is equally important to reinforce the business. Owning an equipped logistic system is vital to transport milk from one place to another, thus, fulfilling market needs. 

Fitness Centre 

Doing exercise is important for people of all age groups. Additionally, physicians recommend exercising or engaging in physical activity on a daily basis. This makes human metabolism fast and helps combat with stress, illness as well as other interrelated ailments. Unlike children,adults do not have flexible bodies nor healthy lifestyles. Owing to daily chores, they are totally consumed and thus, overlook their fatty body. 

To help them out, entrepreneurs can start their fitness centres such as yoga centres, gym, aerobics centres and so on. For starting a fitness centre, one needs to have a large space along with exercising equipment. Apart from this, attaining education or certification is paramount for entrepreneurs. 

Once the business has got off the ground, entrepreneurs have to invest into marketing to attract people. Stimulating new comers toward fitness and making them realise the importance of a healthy mind, as well as soul, are vital strategies that an entrepreneur has to deploy. 

E-learning Platform 

With the advent of technology, people have started doing at their own convenience. A similar rule is applicable in the education realm as well. Earlier on, education was delivered in the classroom with a physical presence of teacher and students. By amalgamating technology with education, students can take lessons at home through e-learning platforms. These platforms are quite famous in recent times. 

To build such a platform, an aspiring entrepreneur needs a good tech backdrop clubbed with a business outline. Besides this, he has to decide a target audience that he seeks to serve through the platform. 

These are some of the profitable top businesses in India. A count of other business ideas are also present in the market. If you know any lucrative, sustainable business idea, then please tell in the comment section below. 





 

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