Are you looking to start a new business in Jaipur 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. From traditional ventures to modern startups in Jaipur, we cover a diverse range of options to help you succeed in Jaipur’s dynamic market.
Travel and Tourism, Handicrafts, Grocery Store Business, Fruit Juice Kiosk, Fast Food Corner, Restaurant Business, House Rent, Pickle Business, Tiffin Service Business, Purified Water Delivery and many more are profitable businesses in Jaipur. Investment to start a new business in Jaipur budgets ranging from 50000, 1 to 2 lakhs, under 5 lakhs, to up to 10 lakhs approx.
Is Jaipur a Good Place to Start a Business?
Yes, Jaipur can be a good place to start a business for several reasons:-
- Jaipur well known as The Pink City, is the capital of Rajasthan, known for its rich history and royal architecture. Founded in 1727 by Maharaja Sawai Jai Singh II, it’s a marvel of 18th-century town planning, with grand palaces and forts like the Hawa-Mahal and Amber-Fort. Today, Jaipur is a city that blends tradition with modernity and is a gateway to other tourist destinations in Rajasthan.
- Jaipur is a best place for small businesses. Here, small businesses flourish with a focus on traditional crafts, textiles, and jewellery, reflecting the city’s rich cultural heritage. In Jaipur, small shops are like stars in the sky, shining with hand-made crafts and colourful clothes. Tourists love the city, so there are many travel guides, small hotels, and places to eat.
- In Jaipur, people love to shop for things that are special to their city, like handicrafts and jewellery. They look for good quality and a fair price, and they’re smart shoppers who compare prices before they buy. Jaipurites also enjoy new experiences and are open to trying out new products, especially if they’re unique or have a local touch.
Best Small Business Ideas in Jaipur to Consider in 2024
Here are some of the best awesome business ideas in Jaipur that flourish courtesy of the growing demand for such services and products:-
1. Travel and Tourism Business
India is one of the most visited tourist destinations in the world, so starting a tourist guide business is one of the best business ideas in Jaipur. It is the best way to interact with foreigners and introduce them to Indian historical culture and sites. It is one of the best small businesses in India. However, to start this business you must have to learn good English communication.
| Investment | ₹1 lakh to ₹3 lakhs |
Resources | You require a laptop/desktop, Wi-Fi, stationary, furniture, a website plan and a marketing strategy to promote. |
| Market Demand | India’s outbound tourism market is expanding rapidly over the past years and will grow at an 11.4% CAGR by 2032. |
| Profit Margin | ₹50000 to ₹ 1.5 lakh monthly |
2. Handicraft Business
Today’s online shopping has become incredibly convenient, starting a handicraft business with minimal money. By learning online platforms you can change your hobby into a business. Lots of People want unique and personalized products, that’s why the demand for handmade products is always very high. So, starting a handicraft business is one of the best business ideas.
| Investment | ₹1.5 Lakh to ₹6 Lakh |
| Resources | Textiles or leather, wood, metal, clay, horn, glass, stone, paper or, canvas, vibrant colors etc. |
| Market Demand | The Indian handicraft market will grow at a CAGR of 7.7% from 2023 to 2028. |
| Profit Margin | ₹35000 to ₹50000 monthly |
3. Grocery Store
Starting a grocery store business in India is highly profitable and also contributes to society. Establishing an online grocery business allows customers to order groceries with just a click of a button, saving them their time. Moreover, starting a grocery delivery business does not need more money. Anyone can start it with a small capital investment.
| Investment | ₹50000 to ₹2 Lakh |
| Resources | License, Grocery supplies, Containers, disposable racks and shelves, packaging |
| Market Demand | The market for grocery stores will have a CAGR of 10.98% from 2022 to 2030 and the market size will increase to USD 188 billion (₹15407352000000). |
| Profit Margin | ₹ 50000 to ₹ 2.5 Lakh monthly |
4. Fruit Juice Kiosk
In most parts of India, the temperature remains warm. with longer summers and shorter winters because of climate change. When it’s hot, fresh juice helps you refresh. Starting a fruit juice corner is one of the best business ideas.
| Investment | ₹5 Lakh – ₹10 Lakh |
Resources | License, Space/Store, Fresh Fruits, Glasses and Containers, Juice Makers, Chairs and Tables, Efficient Staff etc. |
| Market Demand | The Indian fruit juice market will grow at a CAGR of 2.92% from 2023-2027. With this rapid growth, this sector will acquire a high market value. |
| Profit Margin | 60%-70% |
5. Fast Food Corner
India is known for its food, people love street food, and you can find lots of tasty snacks and food in the street at affordable prices. Starting a fast food corner in India is one of the best business ideas.
| Investment | ₹4 Lakh – ₹5 Lakh |
Resources | FSSAI License, Store/Location, Raw Materials, Kitchen Appliances, Cutting Machines, Equipment and Machinery, Reliable Staff, Chairs, Tables, Furniture etc. |
| Market Demand | As per estimates, the Indian food service market will exhibit a CAGR of 11.19% by 2028. |
| Profit Margin | 30%-40% |
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6. Restaurant Business
Starting a restaurant business is one of the profitable business ideas, but starting a restaurant business is not easy, especially if you are a newcomer. Before starting a restaurant business, analyze your budget and risk.
| Investment | Up to ₹20 Lakh (Depending on the size of the restaurant) |
| Resources | FSSAI license, location/space, machines and equipment, trained staff, furniture, decor items, raw materials, kitchen equipment and utensils, active and responsive social media handle. |
| Market Demand | The food service market in India is expected to grow at a rate of 9% and acquire an attractive market value worth ₹5.9 lakh crore in 2023. Besides, there is an option for online delivery where one may collaborate with online applications and deliver food to doorsteps |
| Profit Margin | 40% – 60% (Depending on the quality of food and services and season) |
7. House Rent
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.
| 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 | ₹20000 to ₹50000 monthly |
8. Pickle Business
Pickle business can be started with a small amount. You can start this business with less expenses. To start this business the first thing is to decide which type of pickle you want to produce. There are various types of pickles that you can produce, such as lemon pickles, chilly and garlic pickles, mango pickles, carrot pickles, mixed vegetable pickles, fish pickles, cabbage pickles, etc. Choose your pickles types according to your customer base.
| Investment | ₹ 70,000- ₹1 Lakh |
| Resources | Weighing scale machine, mixer, grinder, utensils etc |
| Market Demand | The pickle industry market was valued at USD 7.9 billion (₹648443850000) in 2018 on a global scale. It will exhibit a CAGR of 3.5% from 2019 to 2025, indicating steady growth. |
| Profit Margin | ₹ 25000 to ₹ 35000 monthly |
9. Tiffin Service Business
If you enjoy cooking and are passionate about sharing your food, starting a simple tiffin or dabba service business is the best option. It’s a simple engaging way to leverage your cooking skills for maximum profits with minimum investment. To set up a dabba service at home, you’ll need enough space for cooking and packing large orders. The Next step is to obtain a food and safety license from the Food Safety and Standards Authority of India (FSSAI).
| Investment | ₹ 20000 to ₹ 30000 |
| Resources | License, Utensils, Grocery, Culinary Skills, Burner, |
| Market Demand | The dairy market will reach ₹238430 crores by 2027, exhibiting growth at a CAGR of 14.3% from 2023 to 2028. |
| Profit Margin: | ₹25000 to ₹50000 monthly |
10. Purified Water Delivery
In India, delivering clean water is a growing business. It’s all about giving people safe drinking water right at their doorstep. With more folks worrying about water quality, this business is picking up fast. And the best part? You don’t need too much money to start, just a good plan and the right setup will kick start this business.
| Investment | ₹6 Lakh to ₹8 Lakh |
| Resources | License, Service Registration, Water-Purifying Machines, Good Quality Containers, Rent a location, Efficient Staff, Proper Marketing Strategy. |
| Market Demand | As per reports, the packaged drinking water business in India will project a market value worth ₹403.06 billion by the end of 2023. As per estimates, the market will expand at a CAGR of 5.8% from 2023-2027. With the tremendous rise in pollution and waterborne diseases, this sector will witness further growth in the coming years. |
| Profit Margin | 40% – 50% |
Conclusion:
Jaipur is one of the modern and developing cities in India, it is one of the fastest-growing urban centre, so there are lots of opportunities for people. If you are thinking of starting your business in Jaipur there are lots of business ideas in Jaipur that you can explore. Whether it’s a new business idea or a local business idea, the city provides equal opportunities for both. Whether you are interested in small business ideas in Jaipur or new business ideas in Jaipur their growing economy welcomes everyone. To achieve business success it is very important to do proper market research to find the best business idea in Jaipur. Whether you want to start a technology-related business or any other service, understanding the local market is very important to identify the best business to start in Jaipur. It will help you to build a successful business in Jaipur.
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FAQs – Business Ideas in Jaipur:
1. What are the Top 10 Business Ideas in Jaipur?
Handicrafts, Grocery Business, Fast Food Corner, Purified Water Delivery, Travel and Tourism Business, Restaurant Business, House Rent, Pickle Business, Tiffin Service Business, Fruit Juice Business are the top 10 business ideas in Jaipur.
2. How can I find the best business idea in Jaipur ?
To find the best business idea in Jaipur, you have to do proper market research and understand the local market. Also check about targeted customers, money Requirement for Investment, Backup Plan, and specially your supporter and competitors.
3. Can I start a small business in Jaipur under 50,000?
Yes, there are lots of business ideas that you can start with under 50,000 such as Grocery Store, Tiffin Service Business, Tuition Classes, Beauty Parlor and others.
4. Starting a business in Jaipur is a good idea?
Yes it is! Jaipur is the capital city of Rajasthan, in the north side. Jaipur is a best place for small businesses. Here, small businesses flourish with a focus on traditional crafts, textiles, and jewellery, reflecting the city’s rich cultural heritage. In Jaipur, small shops are like stars in the sky, shining with hand-made crafts and colourful clothes. People are starting businesses online too, selling things all over the world. Tourists love the city, so there are many travel guides, small hotels, and places to eat. It’s a place where old meets new, and there’s always room for new ideas to grow.
