8 best small business ideas for rural and urban Indians
India is a developing country, and it has progressed a lot after its independence. Indians must be elated to define their situation as they have become one of the top countries worldwide on numerous parameters. However, with 70% of the Indian population dwelling in small cities and villages, many business opportunities have flourished in those sectors.
It’s well-known that business needs full-fledged infrastructures and possesses diverse needs. That doesn’t indicate no business scopes are available in those areas.
This article has summed up various business ideas that everyone can try putting into motion. Let’s check out the top 8 business ideas for rural and urban Indians!
Top 8 best small business ideas
Are you one of those dwellers of urban or rural areas and dream of starting your business? Some of the best village business ideas are shown below, which will definitely be going to help you execute your trade.
1. Retail businesses
Necessary products are always in high demand in rural areas with increasing populations and must be fulfilled by sourcing items from the cities.
Therefore, with a small retail store in rural areas, monetization can be done quickly, and supply issues can be mitigated considerably, making it a small investment business. Such retail stores could be an electronics shop, saloon, Kirana store, plumber services, and so on.
2. Organic farming
People always demand vegan and organic foods due to the derogatory concoction of pesticides, insecticides, and other harmful chemicals in the food items. Organic farming would be a top-notch business idea for rural and urban Indians as you can supply freshly produced vegetables and fruits.
The most significant investments in creating an organic farm are machinery, land, good seeds, and agricultural tools. With this viable small business idea, you can earn a pretty good monthly income by selling agricultural products.
3. Drinking water supply
People mainly use ponds, handpumps, rivers in the rural areas as a constant source of drinking water. But, with the increasing water pollution globally, ponds and rivers’ water are not safe to consume.
Therefore, starting a venture of drinking water supply will be a viable small business idea for rural Indians. You can quickly begin this business with minimal investment and create your own water preservation hub at home.
For delivering water to the nearby villages, 4 wheelers like the tempo are necessary. So, you can grow your business by promoting it if you belong to the same village.
4. Clothes shop
Some of the urban places are far from the main city. Due to some inaccessibility, an apparel shop that sells modern clothing designs and quality fabric will definitely be a success.
With the widespread internet in pan India, city-style clothing would be in great demand in urban areas. Business owners will have to opt for some garment sellers to supply you with a wide array of vivid clothing collections on commission.
5. Manufacturing unit
It would be a robust small business idea for urban Indians to manufacture products, such as cups and plates, incense sticks, jute bags, candles, packaging items, and so on. Being a lucrative business opportunity, this has a constrained competition and increased sales potential.
You can easily supply your manufactured items to cities at a higher rate to fetch more profits. But, you need to make sure quality over quantity. In manufacturing, the product requirements and scopes are abundant, and getting a business loan from a lender will allow you to manufacture distinct products from similar raw material.
6. Oil mills
People have to travel miles to get the oil refined or be compelled to sell it at a lower rate. If you have accumulated sufficient capital, you can think of setting up the oil mills. Therefore, selling freshly prepared oils at a minimal rate will give you a lump sum amount every month.
As farmers grow soybeans, mustard, and groundnuts in the fields, you can seamlessly extract the oil in the mills for selling purposes.
On the other hand, people might not get extracted oil in sufficient quantity as it’s for personal usage. After extraction, the remained materials can be used as fodder for feeding the animals.
7. Fertilizers and seed preservation facility
Farming is the most prominent occupation in Indian villages. Those top agricultural-oriented products, including fertilizers and pesticides, are always in high demand. Farmers purchase their suppliers mostly from wholesalers, which markets are far away from their residence.
Therefore, an outlet for preserving fertilizers will help propagate your business and make the farmer’s life easier.
Small farmers don’t have enormous space in their homes to store these farming essentials. So, this small business idea will be a perfect business opportunity for rural Indians.
8. Tutoring service
Not every aspirant is lucky enough to get enrolled in a high-rated coaching class. A massive number of students are there in the urban and rural areas who cannot flock to the city for several reasons. Here your tutoring service comes in handy for those students.
As a massive deficiency of professionals and qualified teachers are in rural and urban areas, your coaching institute will be a boon for those aspirants. You can start this by hiring more professional teachers and increasing more employment scopes in those areas. The fantastic thing is that you don’t need a considerable investment to begin your tutoring service.
What are the advantages of opening a small business in urban and rural areas?
Some of the best-in-class advantages of small business ideas in rural and urban places are:
- Massive propagation and flourishment scopes
- Affordability
- A minimal rate of lands
- Better quality of life
- Lesser competition
- Lower-budgeted labor availability
- Facile network-building scopes
Concluding words
There have been an augmenting number of scopes in various sectors in the urban areas. Different unemployed youth community resides in those areas. Because of this reason, small-scale industries in villages and towns can eliminate minimized goods production and unemployment issues from the Indian economy. These top 8 small business ideas for rural and urban Indians help them find a plethora of ways of stable income within their backyards.
