Thinking of setting up your own shop in Gandhinagar? It could be a small cafe or a place selling fresh veggies. In Gandhinagar, every new day is a chance to start something exciting. So go ahead, and start your business adventure in this city where even small ideas can become something great!
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Grocery Store with Delivery Services, Beauty Parlour Business, Flower Shop Business, Self Defence Training Centre, House Cleaning Service Centre, Property Rental Business, Cotton Supply Business, Manufacturing of Garments, Interior Design Consultancy, Disposable Paper Plate & Cups Business and many more are profitable businesses in Gandhinagar. Investment to start a new business in Gandhinagar budgets ranging from ₹50,000, ₹1 to ₹2 lakhs, under ₹5 lakhs, to up to ₹10 lakhs.
Is Gandhinagar a Good Place to Start a Business?
Yes, Gandhinagar can be a good place to start a business for several reasons:-
- Gandhinagar is the state capital of Gujarat. It is a young city with an old soul. It started in 1960 as a peaceful place by the government and is named after Mahatma Gandhi. Today, it’s known for being a super clean and green city with lots of parks and buildings like the Akshardham Temple. People come here to see places like Indroda Dinosaur and Fossil Park and enjoy yummy Gujarati food like Dhokla and Khakhra. Gandhinagar is also famous for its big kite festival every year.
- Gandhinagar is full of small shops that keep the city fun and friendly. You’ll find little tea corners where everyone enjoys a cup of chai and a good talk. The markets are bright with shops that sell all sorts of things, from shiny sarees to tasty treats like Fafda and Jalebi.
- In Gandhinagar , locals love to shop smart and they look for quality and value. With growing wallets, they’re ready to spend on new things, making it a sweet spot for small businesses to bloom. It’s all about catching the vibe and serving what the city likes!
Best Small Scale Business Ideas in Gandhinagar 2024
Here are some top 10 trending small business ideas in Gandhinagar with high profit in low investment:
1. Open a Grocery Store With Delivery Services
Starting a Grocery Store with Delivery Services? It’s a hit in Gandhinagar ! Folks love the ease of getting fresh veggies and staples at their doorstep. Serve up convenience with a smile, and watch your business grow. Moreover, starting a grocery delivery business does not need more money. Anyone can start with a small capital investment. So we can consider this business idea perfect for Gandhinagar .
| Investment | ₹90,000 lakh to ₹1.5 lakhs |
| Resources | Licence, Delivery Registration, FSSAI licence, Rent a location, Reliable Staff, Proper Marketing Strategy |
| Market Demand | This is a progressing sector and is expected to witness a growth of CAGR 37.1% from 2021-2028. |
| Profit Margin | 10% – 30% |
2. Open a Beauty Parlour in The City
Starting a parlour business is one of the best business ideas in Gandhinagar. To start this business there is no need for a big investment, you can start this business from your own home. If you have enough space at home and a good sense of makeup you can easily attract customers. By starting this business, you can easily make a good profit.
| Investment | ₹50,000 to ₹60,000 |
Resources | Shops and Establishments Act Registration, Trading Licence, Rent out location, Buy the equipment and products, Hiring Staff etc. |
| Market Demand | The personal grooming sector in India will acquire a value of ₹20 lakh Crore in 2023. Furthermore, it will grow at a CAGR 3.8% from 2023-2027. |
| Profit Margin | 25% – 35% |
3. Start a Flower Shop Business
Flowers play a vital role in our everyday life, being used in religious rituals, marriage, or any other ceremonies. Starting a flower business is one of the best business ideas in Gandhinagar, it is one of the profitable business ideas.
| Investment – | ₹80,000 – ₹1,00,000 |
Resources | Licence, Flower from reliable distributors, Storage Space, Office space/store, Reliable staff, Packaging Materials etc. |
| Market Demand | The floriculture business in India has budding prospects. This segment will project a CAGR of 12.13% from 2022-2028. |
| Profit Margin | 30% – 50% |
4. Open a Self Defence Training Centre
Starting a self-defence training centre in Gandhinagar is a top-notch idea. It’s a business that not only earns you money but also helps people stay safe. With crime rates going up, everyone wants to learn how to protect themselves. And the best part? The government backs these programs, so you’ll have support while you help others learn to defend themselves.
| Investment | ₹5 lakhs to ₹10 lakhs |
| Resources | Licence, Centre Registration, Rent a location, Trained Staff, Proper Marketing Strategy etc. |
| Market Demand | The increasing number of crimes in New Delhi have made people take precautionary measures for safety purposes. Self-defence training centres have witnessed rapid growth in clients in the last few years. |
| Profit Margin | 25% – 50% |
5. Become a House Cleaning Service Provider
There are large numbers of people who find themselves too busy in day-to-day life, that’s why they are unable to clean their house due to work, responsibilities or may be some other reasons. So, that is why lots of people hire professional cleaners to do this work. This is one of the highly demanding businesses in Gandhinagar city.
| Investment | ₹5 lakhs – ₹15 lakhs |
Resources | Cleaning supplies and equipment, Reliable transportation, Uniforms and cleaning supplies, Scheduling and management software, Marketing materials and advertising channels, Trained and reliable cleaning staff. |
| Market Demand | The Indian House Cleaning Market is expected to grow at a compound annual growth rate (CAGR) of 3.25% from 2024 to 2028. |
| Profit Margin | 35% – 50% |
6. Start a Property Rental Business
Owning rental properties is one of the best ways to generate passive income and build wealth. But it’s not as easy to buy a property and collect rent from them. Managing tenants, Maintaining properties, and staying abreast of current laws and regulations. There is a lot of work you have to do still we can consider it among the best business ideas in Gandhinagar
| Investment | ₹1.5 lakh to ₹5 lakhs |
| Resources | Furniture, Infrastructure, Facilities, Licences and Permits, Website and marketing strategy etc. |
| Market Demand | There has been a rise of 15%-20% each in residential rentals compared to past years. |
| Profit Margin | ₹20,000 to ₹50,000 monthly |
7. Start a Cotton Supply Business
Gujarat is the biggest cotton producing state in the country, and it holds a significant profit potential in this field. Cotton is one of the only natural materials for textile production, there is continuous demand for cotton. So, starting a cotton farm or starting a supply business can be a highly profitable small-scale business idea in Gandhinagar.
| Investment | ₹2 lakhs (per acre) |
Resources | Cotton farms, Cotton processing equipment, Transportation vehicles, Storage facilities, Packaging materials, Marketing and sales channels, Financial resources for purchasing and managing inventory, Skilled labour for farming and processing, Quality control measures, Knowledge of market trends and pricing and Regulatory compliance awareness. |
| Market Demand | Last year in 2023, the total cotton consumption across the country was 5.29 million metric tons. |
| Profit Margin | 30% – 50% |
8. Start Manufacturing of Garments Business
The Textile industry has played a crucial role in the Indian economy. Garment manufacturing, a key segment of this industry engaged in the design, cutting, and sewing of garments from fabric. On an industrial scale, there are specific stages or processes through which garments are manufactured. Starting a garment manufacturing business is one of the best business ideas in Gandhinagar.
| Investment | ₹4 Lakh to ₹15 Lakh |
| Resources | Licence, GST Registration, Textiles(Cotton, Yarn, Fabric), Packaging Supplies, Labour etc. |
| Market Demand | The garment manufacturing industry will grow to USD 65 billion by 2026 with a CAGR of 11%. |
| Profit Margin: | ₹25,000 to ₹1 Lakh monthly |
9. Open a Disposable Paper Plate & Cups Business
Starting a business of making paper plates and cups is a smart move. You can make these items and sell them to shops and parties. It doesn’t need much money to start, and you can even get a loan to help you. Just find a small place, buy a machine, and start making. People like using paper plates and cups because they are easy to use and good for the environment. Starting a disposable paper and cups business is one of the profitable business ideas in Gandhinagar.
| Investment | 15 lakh – 20 lakh |
Resources | Licence, Raw Materials, Office Space/Store, Storage Space, Machinery And Equipment, Packaging Materials, Distributors, Website, Social Media Handles etc. |
| Market Demand | The Indian paper cups/disposable cups and plates business will prosper at a CAGR of 2.5% from 2023 – 2028. |
| Profit Margin | 30% – 40% |
10. Open an Interior Design Consultancy
Starting an Interior design business is one of the most profitable business ideas in Gandhinagar, to start this business you must have to complete your diploma in this course. An interior design consultancy helps clients design and decorate offices, homes, and more. They help to make clients’ visions into reality, currently, there is a huge demand for this service in this city.
| Investment | ₹1.5 lakh – ₹3 lakhs |
Resources | Office Space or Remote Setup, Development tools, Legal and Regulatory Compliance, Quality Assurance, Customer Support and Marketing and Branding strategy. |
| Market Demand | The Indian Interior Design market size is projected to grow at a CAGR of 10.54% reaching a value of USD 52.84 billion by 2029. |
| Profit Margin | 20% – 30% |
Conclusion
Gandhinagar city is a hub of opportunity for small businesses. As for the purchasing power of the people in Gandhinagar, it is generally considered good, which can be inferred from the city’s development and the standard of living. These business ideas are great for Gandhinagar because they match what the city is good at and what people there like. If you want to start a business, these ideas can really work well. Just make sure to learn about the city and what people need. Knowing this will help you make your business do really well.
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FAQs – Business Ideas in Gandhinagar with Big Returns!
1. What are the Top 10 Business Ideas in Gandhinagar ?
Grocery Store with Delivery Services, Beauty Parlour Business, Flower Shop Business, Self Defence Training Centre, House Cleaning Service Centre, Property Rental Business, Cotton Supply Business, Manufacturing of Garments, Interior Design Consultancy, Disposable Paper Plate & Cups Business are the top 10 Business Ideas in Gandhinagar.
2. How can I find the best business idea in Gandhinagar ?
You need to look for gaps in the market where your skills can meet consumer needs in Gandhinagar. You should do market research properly to know consumer behaviour and their demand so you can understand what they need and what you can offer them.
3. Can I start a small business in Gandhinagar under 50,000?
Yes, there are lots of business ideas that you can start with under 50,000 such as Grocery Store, Beauty Parlour, Fast Food Shop and others.
4. Starting a business in Gandhinagar is a good idea?
Starting a business in Gandhinagar could be a wise step due to its good infrastructure, its planned development and it’s growing economy. But remember it would also depend on the type of business, target market, and other individual factors. It’s always recommended to conduct thorough market research and consider local economic conditions before starting a business. Best of luck for your venture.
