Are you looking to start a new business in Bhubaneswar, and searching for the best opportunities? Whether you’re an experienced entrepreneur or beginner to the business world. In our business name list we have included opportunities suitable for all.
Is Bhubaneswar a Good Place to Start a Business?
Yes, Bhubaneswar can be a good place to start a business for several reasons:-
- Bhubaneswar is the capital of Odisha. It is known as the “Temple City” for its many ancient temples. It’s a fast-growing city with a mix of rich history and modern development. People here enjoy a blend of traditional culture and new urban lifestyle.
- There are businesses ranging from IT companies and startups to traditional handicrafts and textile shops in Bhubaneswar. The city also has many educational institutions and healthcare services. Its growing infrastructure supports both modern industries and local markets.
- People spend money on daily needs like groceries, clothes, and household items in Bhubaneswar. They enjoy dining out at restaurants and shopping in malls and local markets. Festivals and cultural events also see higher spending on gifts, sweets, and decorations.
Best Small Scale Business Ideas in Bhubaneswar 2024
Here is the list of top small scale business ideas in Bhubaneswar:
1. Grocery Store
In Bhubaneswar, the grocery shop business is booming, with around 70% of households regularly buying from local stores. The city has a mix of traditional markets and modern supermarkets. This sector sees steady growth as people prioritize fresh produce and daily essentials.
2. Tuition Classes
To start a tuition class business in Bhubaneswar, it’s a promising business idea. Given that approx 60% of students seek additional coaching outside of school. With a growing emphasis on academic success, parents value supplementary education for their children. You can offer personalized tutoring in subjects like math, science, and English by providing valuable learning support.
3. Music Class Business
Starting a music class business in Bhubaneswar is a good idea, with a growing interest in music among both kids and adults. Around 40% of families are keen on extracurricular activities for their children. Offering classes in vocal and instrumental music can attract many students, helping nurture local talent and support cultural growth.
4. Cashew Nut Business
Starting a cashew nut business in Bhubaneswar is a lucrative opportunity, with the city’s growing demand for healthy snacks. Statistics show that over 50% of households prefer nuts as a nutritious option for snacking. By offering quality cashew nuts sourced from local suppliers, this business can tap into the market’s appetite for tasty and wholesome snacks.
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5. Beauty Salon
Starting a beauty salon business in Bhubaneswar is a promising venture, with over 70% of residents expressing interest in grooming services. With the city’s growing urban population, there’s a rising demand for haircuts, facials, and other beauty treatments.
6. Candle-Making Business
Starting a candle-making business in Bhubaneswar is a creative and profitable venture, as candles are in demand for both decorative and religious purposes. With the city’s diverse festivals and events, there’s a steady market for scented and decorative candles.
7. Preschool Business
Starting a preschool business in Bhubaneswar is a rewarding opportunity, given the city’s growing population of young families seeking quality early education. With approximately 60% of parents looking for preschools for their children, there’s a strong demand for safe and nurturing learning environments.
8. Digital Marketing Agency
Starting a digital marketing agency in Bhubaneswar is a smart move, as businesses increasingly rely on online strategies to reach customers. With nearly 80% of local businesses looking to expand their online presence, there’s a high demand for digital marketing services. By offering services like social media management and SEO, this agency can help businesses thrive in Bhubaneswar’s competitive market.
9. Disposable Paper Plate & Cups Business
Starting a disposable paper plate and cups business in Bhubaneswar is a practical venture, as there’s a growing demand for eco-friendly alternatives to plastic. With awareness about environmental sustainability on the rise, there’s a market for biodegradable and disposable tableware. By providing affordable and eco-friendly options, this business can cater to the needs of both individuals and businesses in Bhubaneswar, contributing to a greener future.
10. Online Boutique
Starting an online boutique in Bhubaneswar is an exciting venture, offering a platform to showcase unique fashion items to a wide audience. With the convenience of online shopping, there’s a growing demand for trendy clothing and accessories. By curating a stylish collection and providing excellent customer service, this boutique can attract fashion-forward shoppers and carve out a niche in the online fashion market.
Conclusion:
Starting any of these businesses in Bhubaneswar presents promising opportunities in a rapidly growing market. With the city’s dynamic economy and diverse population, there’s a demand for various goods and services. By providing quality products and catering to the evolving needs of Bhubaneswar’s residents, entrepreneurs can establish successful ventures and contribute to the city’s vibrant business landscape.
