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10 Awesome Business Ideas in Pune to Consider in 2024

Awesome Business Ideas in Pune
Awesome Business Ideas in Pune

Are you looking to start a new business in Pune 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 Pune, we cover a diverse range of options to help you succeed in Pune’s dynamic market.

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Grocery store, Fast food business, Beauty Parlour, Fruit Juice Corner, Tiffin Service Business ,Purified Water Supply, Coffee Shop, House Rent, House Cleaning, Digital Marketing Company and many more are profitable businesses in Pune. Investment to start a new business in Pune budgets ranging from 50,000, 1 to 2 lakhs, under 5 lakhs, to up to 10 lakhs approx.

Is Pune a Good Place to Start a Business?

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

  • Pune is well known as the ‘Queen of the Deccan’. Pune has a rich history as it was the capital of the brave Maratha Empire of our great India. It is one of the 9th most populous city and sixth highest per capita income in India. It has a cultural hub with tasty foods like Vada Pav, Poha, Pani Puri, Ragda Pattice, Sevpuri, Dahipuri and Bhelpuri. The locals speaks mainly Marathi language. Pune is famous for many places like “Shaniwar Wada” and “Sinhagad Fort“. It’s also a green city loved for its strong economy.
  • Mainly the businesses especially in IT, automobile, and manufacturing are growing in Pune. The city’s smart and hardworking people make it a great place for the companies to grow. Here there are many good schools and colleges for education. The city is expensive in living standard. Pune also have a supportive environment for startups for giving them a push to shine an grow.
  • The local markets are a big part of daily life Pune. People like to buy fresh veggies and fruits. They enjoy munching on street foods like Vada Pav and Bhakarwadi. They’re careful with money and actively looking for good deals and bargains. There are many locals which prefer to shop at places where they can support local vendors.

Best Small Scale Business Ideas in Pune 2024

Here is the list of top 10 best business idea for Pune:

1. Opening a Grocery & General Household Store

opening a Grocery & General Household Store in Pune
opening a Grocery & General Household Store in Pune

Starting a grocery and general household store business in Pune 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 ₹50,000 to ₹2 Lakh
Resources Licence, Grocery supplies, Containers, Disposable
racks and shelves, packaging
Market DemandThe 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

2. Open a Fast Food Shop Business

Open a Fast Food Shop Business in Pune
Open a Fast Food Shop Business in Pune

Pune 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 Pune is one of the best business ideas.

Investment4 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 Margin30% – 40%

3. Open a Beauty Parlour in the City

Starting a Beauty Parlour business is one of the best business ideas in Pune. 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
equipments and products, Hiring Staff.
Market Demand The personal grooming sector in
India will acquire a value of ₹ 20
lakh crores in 2023. Furthermore,
it will grow at a CAGR 3.8% from 2023-2027. 
Profit Margin25% – 35%

4. Starting a House Rent Business

Starting a House Rent Business in Pune
Starting a House Rent Business in Pune

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. It is one of the best ideas for Pune.

Investment₹1.5 lakh to ₹5 lakhs
Resources Furniture, infrastructure, facilities,
Licence 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

5. Start a House Cleaning Service Centre

Start a House Cleaning Service Centre in Pune
Start a House Cleaning Service Centre in Pune

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 the metro 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 global house cleaning market is
expected to grow at a CAGR of 6.5%
and reach ₹106000 crores (approx)
at the end of 2033.
Profit Margin35% – 50%

6. Open a Coffee Shop

Open a Coffee Shop in Pune
Open a Coffee Shop in Pune

In recent years the coffee business in India has experienced a significant transformation, reflecting changing consumer tastes and the emergence of a vibrant café culture. This transformation has primarily been changed by India’s youthful population, rapid urbanisation, and the expanding middle class, with disposable income. So starting a coffee shop business is one of the best business ideas for Pune city.

Investment ₹10 Lakhs – ₹20 Lakhs.
Resources Licence, space/location, raw materials,
chairs and tables, trained staff, coffee grinder,
coffee machine etc.
Market Demand The current report says, it is one of the
fastest growing sectors valued at ₹4540 crores.
Additionally, from 2019-2024, this sector will further
exhibit a CAGR of 12%.
Profit Margin93.5% gross profit/cup of coffee.

7. Open a Fruit Juice Shop

Open a Fruit Juice Shop in Pune
Open a Fruit Juice Shop in Pune

Starting a fruit juice and shake shop in Pune during the summer is a fantastic idea! The summers in Pune are hot, and people often look for ways to cool down. A shop offering chilled, refreshing juices and shakes can be a big hit. You can use seasonal fruits like mangoes and watermelons to make your drinks even more tempting.

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 Margin60% – 70%

8. Start a Purified Water Delivery Business

Start a Purified Water Delivery Business in Pune
Start a Purified Water Delivery Business in Pune

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 in Pune.

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 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 Margin40%-50%

9. Open a Digital Marketing Agency

Open a Digital Marketing Agency  in Pune
Open a Digital Marketing Agency in Pune

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 Pune is one of the best ideas. 

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%

10. Start a 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 in Pune. 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 licence from the Food Safety and Standards Authority of India (FSSAI).

Investment ₹20,000 to ₹30,000
Resources Licence, Utensils, Grocery, Spices Culinary
Skills, Burner, Tiffin Boxes, Ads etc
Market DemandThe 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

Conclusion:

Pune’s business landscape is ideal for entrepreneurs. It has a strong IT sector and also a reputation as the ‘Oxford of the East’. It offers a skilled workforce and a variety of industries to tap into. There are many practical business ideas that are growing in Pune including fast food restaurants, coworking spaces, and tech startups. The city’s infrastructure supports business growth. The government’s favourable policies make it easier to start and run a business.

FAQs – Awesome Business Ideas in Pune

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

Grocery store, Fast food business, Beauty parlour, Fruit Juice Corner, Tiffin Service Business , Purified Water Supply, Coffee Shop, House Rent, House Cleaning, Digital Marketing Company are the top 10 business ideas in Pune.

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

To find the best business idea in Pune, 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 Pune under 50,000?

Yes, there are lots of business ideas that you can start with under 50,000 such as Grocery Store, Tiffin Service, Beauty Parlor and others.

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

Yes it is! Starting a business in Pune is a solid idea. It’s a place where common small businesses like food stalls, clothing shops, and tech services run with nice profit. With a strong economy and supportive government policies, Pune offers a great environment for entrepreneurs to start and grow their businesses.

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