Are you dreaming of starting your own business with just a little money? Well, you’re in luck! We’ve got the freshest scoop on small business ideas that are just perfect for Lucknow. Check out our list and pick the best one to start your success story in this lively city!
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Sweets Shop, Bakery Business, Poultry Farming, Dairy Products Business, Grocery Store, Fruit Juice and Shake Shop, Fast Food Shop, Fish Supply Business, Purified Water Delivery, Music Class Business and many more are profitable businesses in Lucknow. Investment to start a new business in Lucknow budgets ranging from 50,000, 1 to 2 lakhs, under 5 lakhs, to up to 10 lakhs approx.
Is Lucknow a Good Place to Start a Business?
Yes, Lucknow can be a good place to start a business for several reasons:-
- Lucknow is the heart of Uttar Pradesh, This is a city soaked in rich history and culture. It is also known as the ‘City of Nawabs‘, Lucknow’s story is as rich as its famous kebabs. It was once ruled by the Nawabs, who loved all things fine, the city is a tapestry of ancient traditions and modern vibes.
- Long ago, Lucknow was part of the ancient kingdom of Kosala, the realm of Lord Rama. The city’s real charm began to shine under the Nawabs, especially Nawab Asaf-ud-Daula, who made it his capital. The Nawabs left behind a legacy of art, cuisine, and the famous ‘Tehzeeb’ – A Culture of Politeness.
- In Lucknow, small businesses are like many colorful kites flying high in the sky. They come in all shapes and sizes, selling things from yummy kebabs to beautiful clothes. Everyone helps each other, making Lucknow a big family of shops and services that grow together every day.
- Lucknow locals looks for good quality and a fair price, and they’re smart shoppers who compare prices before they buy.
Best Profitable Business Ideas in Lucknow 2024
Here are some top trending small business ideas in Lucknow. Come and explore Lucknow, and take a piece of its story with you.
1. Start a Sweets Making Business in Lucknow
Starting a sweets business in Lucknow is a delightful idea! Lucknow’s sweets industry is an important part of its culture and it is known for its traditional and delicious treats. As for the delicacies, Lucknow is not just about its sweets but also its rich culinary heritage, especially the street foods and Nawabi cuisine. Some of the city’s famous delicacies include Malai ki Gilori, Makhan Malai, Zafrani Kheer, Lucknow ki Revdi and many more delicious items.
| Investment | ₹1.5 Lakhs – ₹4 Lakhs |
| Resources | Licence, Raw Materials, Office Space/Store, Staff, Packaging Materials, Storage Space, Equipment And Machines, Containers etc. |
| Market Demand | From 2023-2028, the Indian sweet industry will exhibit a CAGR of 19.1%. The current market value of this segment is ₹5230.7 crores. |
| Profit Margin | 20% – 30% |
2. Open a Bakery, Cake & Pastries Shop in Lucknow
Baking and making cakes looks like a charming business idea for Lucknow. Here, the bakery business is as sweet as the cakes they make. There are many shops which bake fresh cakes and pastries every day. People love to buy these tasty treats for birthdays and festivals. If you want to start a bakery and cake making business, make sure your product tastes loved by the crowd. Before starting a baking business it is important to do proper market research.
| Investment | ₹20,000 – ₹50,000 |
| Resources | A Workspace, Freezer, Grinders and Processors, Oven, Display Boxes, Packaging Supplies, Skilled Labor, Social Media Presence etc. |
| Market Demand | Indian bakery business will gain a CAGR of 7.28% between 2021 and 2027. |
| Profit Margin | ₹50,000 to ₹1.5 lakh |
3. Start a Poultry Business in Lucknow
Starting a poultry business in Lucknow is a great idea for anyone who loves birds and wants to earn money. You can raise chickens for eggs or meat and sell them to local shops or directly to people. The government even helps with loans and training, so you can learn how to take care of your chickens and make your business strong. Just remember to keep your farm clean and the chickens healthy, and soon you’ll have a flock of customers too!
| Investment | ₹50,000 to ₹2 lakhs |
Resources | Land for farming, Poultry housing and equipment, Feed and water supply systems, Breeding stock(chicks or eggs), Veterinary services and medication, Marketing and distribution channels. |
| Market Demand | In 2023, the Indian poultry market was valued at ₹190530 crore (approx.) From 2024 to 2028 it is expected to show a CAGR of 10.18%. |
| Profit Margin | 20 – 30% of total revenue. |
4. Open a Dairy Products Business in Lucknow
Starting a dairy farm business is one of the best business ideas in Lucknow. Compared to other industries it is an eco-friendly business. You can produce multiple types of products like milk, butter, ghee, curd, and others. It is all an opportunity because there is a constant demand for milk and other products. You can start this business on an even smaller scale in India.
| Investment | ₹ 10 Lakh to ₹ 20 Lakh |
| Resources | Licence, Professional Consultant, Irrigation System, Storage Room, Milking Parlour, Sterile, Shed etc. |
| 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: | ₹25,000 to ₹50,000 monthly |
5. Open a Grocery Store in Lucknow
Starting a grocery store business in Lucknow is highly profitable. 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 | ₹50,000 to ₹2 Lakh |
| Resources | Licence, Grocery supplies, Containers, Disposable Racks and Shelves, Packaging Materials. |
| 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. |
| Profit Margin | ₹ 50,000 to ₹ 2.5 Lakh monthly |
6. Open a Fruit Juice and Shake Shop in Lucknow
In Lucknow, opening a fruit juice and shake shop is a cool idea. It’s like adding a splash of health and taste to the city’s busy life. You can serve fresh and tangy juices from local fruits like mangoes and oranges. People of all ages, from kids to grandparents, will love to sip on your healthy shakes.
| Investment | ₹5 Lakhs – ₹10 Lakhs |
Resources | Licence, 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% |
7. Start a Fast Food Business in Lucknow
Starting a fast food business in Lucknow is like adding more fun to the city’s busy streets. You can sell tasty burgers, samosas, and noodles that people can eat quickly on the go. Make sure your shop is in a place where lots of people walk by, like near a school or a market. Keep your food yummy and prices friendly, and you’ll see happy customers every day. And remember, a smile and quick service will make your fast food shop a hit!
| Investment | 4 Lakh – 5 Lakh |
Resources | FSSAI Licence, 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% |
8. Start a Fish Retail Business in Lucknow
Starting a fish retail business in Lucknow is a good idea because many people here love to eat fish. You can set up a small shop and sell fresh fish that you get from nearby rivers or markets. Make sure your shop is clean and the fish are kept on ice so they stay fresh. Talk to your customers and find out what kind of fish they like best. If you keep your prices fair and treat your customers well, your fish shop can become very popular in Lucknow.
| Investment | ₹30,000 – ₹1,00,000 |
Resources | Licence, Packaging Material, Location, Fish Breeds, Disease preventing chemicals |
| Market Demand | The fish market in India is expected to grow at a CAGR of 8.81% from 2023-2028. |
| Profit Margin | 20% – 25% |
9. Start a Purified Water Delivery Business in Lucknow
In India, delivering clean water is a growing business. With the tremendous rise in pollution and waterborne diseases, this sector will witness further growth in the coming years. 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 in Lucknow.
| Investment | ₹6 lakhs to ₹8 lakhs |
| Resources | Licence, Service Registration, Water-Purifying Machines, Good Quality Containers, Rent a location, Efficient Staff, Proper Marketing Strategy |
| Market Demand | As per reports, the packaged the 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. |
| Profit Margin | 40% – 50% |
10. Start a Music Class Business in Lucknow
There are lots of parts of India where people love classical music or other music. Many people in India love to learn music. There are lots of talented people in the country who are blessed with melodious voices. These people want to follow their passion, and they want to join a music class to fulfil their dreams. Starting a music class is one of the best businesses in Lucknow.
| Investment | ₹8 lakh – ₹9 lakh |
Resources | Licence, Musical Instruments, Office Space/Store, Chairs, Tables, Music Systems, Skilled Staff, Website, Social Media Handles etc. |
| Market Demand | The Indian performing arts Market is poised to register a CAGR of 2.5%. With this swift progress, it will acquire a market value worth ₹275 billion. |
| Profit Margin | 40 – 50% |
Conclusion:
If you wander through the streets of Lucknow, you’ll find architectural wonders like the Bara Imambara, with its maze called Bhool Bhulaiyaa, and the elegant Rumi Darwaza. And if you get hungry, there’s no place better. From the melt-in-your-mouth Kebabs to the sweet delight of Kulfi, Lucknow’s food is a celebration of taste.
Here, in the bustling streets of Lucknow, these top 10 small business ideas shine with promise. Today, Lucknow is bustling with life. It’s a place where history meets the hustle of modern times. The city is known for its beautiful gardens, music, poetry, and the warmth of its people. It’s a city that respects its past while racing towards the future. Just go for it with your chosen ideas which suits you best.
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FAQS – Profitable Business Ideas in Lucknow
1. What are the Top 10 Business Ideas in Lucknow?
Sweets Shop, Bakery Business, Poultry Farming, Dairy Products Business, Grocery Store, Fruit Juice and Shake Shop, Fast Food Shop, Fish Supply Business, Purified Water Delivery, Music Class Business are the top 10 business ideas in Lucknow.
2. How can I find the best business idea in Lucknow?
To find the best business idea in Lucknow, 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. Taking these points in your attention will help you to properly plan the strategy for your business.
3. Can I start a small business in Lucknow under 50,000?
Yes, there are lots of business ideas that you can start with under 50,000 such as Fish Retail Business, Grocery Store Business, Bakery Business, Poultry Farming and others.
4. Starting a business in Lucknow is a good idea?
Yes definitely! Starting a business in Lucknow is a solid plan. The city’s full of opportunities, with a big market for all kinds of products and services. Plus, the local people are always keen on new stuff, and the government’s making things easier for small businesses to grow. So, whether you’re a history buff or a foodie, Lucknow has something special for you. It’s a city that carries the echoes of ancient India, the grandeur of the Nawabs, and the promise of a bright future. So, if you’ve got a good idea and the spirit to work hard, Lucknow can be the right place for your business to take off.
