HomeInsightStartup InsightTop 10 Innovative and Unique Small Business Ideas in Patna in 2024

Top 10 Innovative and Unique Small Business Ideas in Patna in 2024

Top 10 Innovative and Unique Small Business Ideas in Patna
Top 10 Innovative and Unique Small Business Ideas in Patna

Are you looking to start a new business and searching for the best business ideas in Patna? 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 Patna, we cover a diverse range of options to help you succeed in Patna’s dynamic market.

Future Business in India 2025Incubation Centres in Bihar
Startup Ideas in India 2024Business ideas for women with low investment

Dairy Farming, Fish Retail Business,  Poultry Farming, Digital Marketing Agency, Grocery Store, Wheat Processing, Pickle Business, Papad Business, Coaching Centre Business, Organic Fertilizers Business, and many more are profitable businesses ideas in Patna. Investment to start a new business in Patna budgets ranging from 50000, 1 to 2 lakhs, under 5 lakhs, to up to 10 lakhs.

Is Patna a Good Place to Start a Business?

Yes, Patna can be a good place to start a business for several reasons:-

  • Patna, Bihar’s capital, is a city with a rich history by the Ganga river. It’s a mix of old and new, with ancient ruins and modern buildings. The people are friendly, and the city is known for its delicious food like litti chokha.
  • In Patna, there’s a good chance for small businesses to grow. Here, small businesses like coaching institutes, jewellery stores, and food services are booming. Many people are also starting online tuition classes and digital marketing agencies because more folks are using the internet these days.
  • In Patna, folks enjoy shopping at local markets and small shops, where they can bargain and get good deals. They have decent money to spend and often buy daily needs, clothes, and gadgets from these small businesses. Also, many people are now buying online from local stores, using easy payment methods like UPI.

Best Small Scale Business Ideas in Patna 2024

Top 10 innovative and unique small business ideas in Patna with high profit in low investment.

1. Dairy Farming

Starting a dairy farm business is one of the best business ideas in India. 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 opportunity because there is a constant demand for milk and other products. You can start this business on an even smaller scale in India.

Dairy Farming - Small Scale Business Ideas in Patna
Dairy Farming – Small Scale Business Ideas in Patna
Investment â‚¹ 10 Lakh to ₹ 20 Lakh
Resources Licence, Professional Consultant, Irrigation System, Storage Room, Milking Parlour, Sterile, Shed
Market DemandThe dairy market will reach ₹238430 crores by
2027, exhibiting growth at a CAGR of 14.3%
from 2023 to 2028.
Profit Margin: â‚¹25000 to ₹50000 monthly

2. Fish Retail Business

There are lots of states in India that consume fish, whether it’s Mumbai, Kerala, or Kolkata, there are lots of coastal cities which are best for it. Thus, starting a fish retail business is one of the most profitable business ideas in India. 

Fish Retail Business - Small Scale Business Ideas in Patna
Fish Retail Business – Small Scale Business Ideas in Patna
Investment₹40,000 to ₹2,50,000

Resources
Licence, Office space, Storage space, Fish supplies
from reliable sources, Packaging materials,
Chemicals, Reliable Staff etc.
Market Demand From 2023-2028, the fish market segment will
register a CAGR of 8.81%. Additionally, 60% of
the Indian population consumes fish as a part of
their daily meals. Resultantly, this segment will
witness an upward trend in CAGR.
Profit Margin20% to 35%

3. Poultry Farming

Raising birds for eggs, meat, and feathers is one of the most profitable business ideas in India. Lots of people also like Turkeys, chickens, geese, and ducks, so starting Poultry farming is one of the best business ideas for local as well as commercial.

Poultry Farm Business - Small Scale Business Ideas in Patna
Poultry Farm Business – Small Scale Business Ideas in Patna
Investment₹50000 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 2022, the Indian poultry market was
valued at ₹190530 crore (approx.)
From 2023 to 2028 it is expected to
show CAGR of 10.18%.
Profit Margin20-30% of total revenue.

 4. Digital Marketing Agency

Today, Lots of companies focus on digital technology due to growing technology and easy access to your target audience. It’s especially helpful for small businesses because at a low budget even they can reach their audience worldwide. Starting a digital marketing agency in India is one of the best ideas. 

Digital Marketing Business - Small Scale Business Ideas in Patna
Digital Marketing Business – Small Scale Business Ideas in Patna
Investment₹2 Lakh- ₹25 Lakhs

Resources
Licence, Office Space/Store, Computers, Trained Staff,
Software, Chairs, Tables etc.
Market Demand The digital marketing sector in India has
exponentially proliferated in recent years and
from 2023-2028 will register a CAGR of 30.2%.
Profit Margin30%-40%

5. 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.

Grocery Store Business - Small Scale Business Ideas in Patna
Grocery Store Business – Small Scale Business Ideas in Patna
Investment â‚¹50000 to ₹2 Lakh
Resources Licences, Grocery supplies, Containers, Disposable Racks and
Shelves, Packaging Materials
Market DemandThe market for grocery stores will have CAGR of 10.98%
from 2022 to 2030 and the market size will increase to
USD 188 billion.
Profit Margin₹ 50000 to ₹ 2.5 Lakh monthly

6. Wheat Processing

Starting Processing wheat is one of the best business ideas in India which ensures high profits. It is because the wheat industry is one of the biggest and primary parts of the Indian economy. Indian climate conditions are ideal places for wheat cultivation.

Wheat Processing Business - Small Scale Business Ideas in Patna
Wheat Processing Business – Small Scale Business Ideas in Patna
Investment₹6 lakhs to ₹8 lakhs
ResourcesRaw wheat supply, Milling and processing equipment,
Storage facilities for grains and processed products,
Packaging materials, Transportation logistics for
distribution, Quality control measures and
testing equipment.
Market Demand Wheat mill business has the
potential of generating a revenue of close to
₹15000 crores, and this sector is steadily
increasing at CAGR 5% in India. 
Profit Margin10% – 25%

7. 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. 

Pickle Business - Small Scale Business Ideas in Patna
Pickle Business – Small Scale Business Ideas in Patna
Investment 70000-100000
Resources Weighing scale machine, mixer, grinder, utensils, etc
Market Demand The pickle industry market was valued at
USD 7.9 billion 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

8.  Papad Production

Establishing a Papad production is one of the best small investment businesses in India. Papad is one of the popular and common snacks in north India. India is well-known for its culinary heritage. Crafting papads with authentic ingredients such as dal and spices can impress anyone. Additionally, foreign tourists are drawn to this regional cuisine and frequently seek it out, providing further market potential. 

Papad Business - Small Scale Business Ideas in Patna
Papad Business – Small Scale Business Ideas in Patna
Investment â‚¹70000 to ₹2.5 Lakh
Resources License, flour, pulses, spices, Location for making Papad
Market DemandThe market demand for such Indian snacks will
grow by a CAGR of 10.4% from 2023 to 2028.
Profit Margin₹20000 to ₹30000 monthly

9. Coaching Centre Business

India makes a lot of doctors and engineers. Many engineers from here are doing great jobs in big companies around the world. This inspires many students to study hard for exams like WBJEE, NEET, JEE Mains, and JEE Advanced. But not just these, students also work hard for government job exams like SSC, UPSC, and Bank PO. So, opening a coaching center that helps students prepare for all these exams can be a very good business idea.

Coaching Centre Business - Small Scale Business Ideas in Patna
Coaching Centre Business – Small Scale Business Ideas in Patna
Investment₹50,000 – ₹60,000

Resources 
Licence, Chairs and tables, machinery and equipment,
office space/store, reliable and efficient staff etc.
Market Demand The Indian education system has witnessed a rapid
transformation in recent years as it has mostly become
coaching-oriented.
This market sector has a market value worth
₹58808 crores. From 2022-2025, the coaching
market will proliferate at a rate of 7%.
Profit Margin₹40000 to ₹50000 per month

10. Organic Fertiliser Business

India is an agricultural country and 70% of the Indian population is directly or indirectly involved in agriculture. There is a high demand for organic fertilisers in India and therefore establishing an Organic Fertiliser Business is one of the high-profits business ideas.

Organic Fertilizer Business - Small Scale Business Ideas in Patna
Organic Fertilizer Business – Small Scale Business Ideas in Patna
Investment â‚¹1 lakhs to ₹2 lakhs

Resources
Organic raw materials (compost, manure, plant matter),
Production facilities and equipment, Packaging materials
(bags, containers), Distribution channels
(local markets, retailers), Certification
and compliance documentation, Marketing and
branding materials.
Market Demand The Indian fertilizer industry is expected to
grow at a CAGR 5.7% by 2029 and acquire a
value of worth 1460.8 Billion. With the growing
population and increase in demand for food, this
sector will register exponential
growth in coming years.
Profit Margin10% – 20%

Conclusion:

Patna is one of the modern and developed cities in India, it is one of the fastest-growing urban centres, so there are lots of opportunities for people. If you are thinking of starting your business in Patna there are lots of business ideas in Patna 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 Patna or new business ideas in Patna their growing economy welcomes everyone.

FAQs – Business Ideas in Patna

1. What are the Top 10 Business Ideas in Patna?

Dairy Farming, Fish Retail Business,  Poultry Farming, Digital Marketing Agency, Grocery Store, Wheat Processing, Pickle Business, Papad Business, Coaching Centre Business, Organic Fertilizers Business are the Top 10 Business Ideas in Patna

2. How can I find the best business idea in Patna?

To find the best business idea in Patna, 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  to do proper market research and understand the local market.

3. Can I start a small business in Patna under 50,000?

Yes, there are lots of business ideas that you can start with under 50,000 such as Fish Retail Business, Poultry Farming, Grocery Store, Coaching Centre Business and many others businesses. 

4. Starting a business in Patna is a good idea?

Absolutely, starting a business in Patna is a smart move! Setting up a business in Patna won’t break the bank, and there’s no shortage of talented people to bring on board. The folks here are always eager to check out fresh and exciting products, so if you’re offering something worthwhile, they’re up for grabs. And with the government rolling out the red carpet for startups, it’s a pretty sweet deal for budding entrepreneurs.

Viestories

RELATED ARTICLES
- Advertisment -

Most Popular

- Advertisment -

Also Read

- Advertisment -