If you are looking to start a new business and are searching for the best business ideas in Surat, then we have included opportunities suitable for all in our business name list. From traditional ventures to modern startups in Surat, we cover a diverse range of options to help you succeed in Surat’s dynamic market.
Tuition Class Business, Grocery Store, Tiffin Service Business, Garments Manufacturing, Beauty Parlour Business, Organic Healthcare Business, Cotton Supply Business, Sweets Shop, Preschool Business, Flower Shop Business and many more are profitable businesses in Surat. Investment to start a new business in Surat budgets ranging from 50000, 1 to 2 lakhs, under 5 lakhs, to up to 10 lakhs.
Is Surat a Good Place to Start a Business?
Yes, Surat can be a good place to start a business for several reasons:-
- Surat, known as the Diamond City, is a vibrant city in Gujarat, India. It’s famous for its flourishing diamond and textile industries, which are vital to the country’s economy. With a rich history dating back to 300 BC, Surat has been a key trade centre, especially during the Mughal era, and continues to be an important hub for commerce and culture.
- Surat’s business ecosystem is vibrant and diverse, with a strong presence of diamond and textile industries. It’s a city that encourages entrepreneurship, offering a supportive environment for small and medium businesses. With its strategic location and skilled workforce, Surat is a key player in India’s economic growth.
- In Surat, consumers show a strong preference for diamond and gold jewellery, seeing it as both an investment and a part of important life events. They value quality and have a keen eye for detail, especially in products like textiles for which Surat is famous. Overall, Surat’s consumer behaviour reflects a blend of traditional values and modern aspirations, influencing their buying patterns.
Best Small Scale Business Ideas in Surat 2024
Top 10 innovative and unique small business ideas in Surat with high profit in low investment:
1. Tuition Classes
If you like teaching, then starting tutoring is something you can explore in Surat. To get success in this business you need to choose any subject in which you have good knowledge. Specializing in a subject doesn’t necessarily mean having a certification in that subject. It means to have good knowledge in that particular subject.
| Investment | ₹50,000 to ₹60,000 for opening coaching centre |
| Resources | Credibility and Reputation, Space for students to assemble, Basic equipment like Projectors, Lab Equipment, Access to the internet etc. |
| Market Demand | Market researchers expect that the private tutoring market size will grow at a CAGR of 9.4% and reach ₹1015266 crores (approx.) within 2030. |
| Profit Margin | The profit margin of private tuition is very high i.e., as high as 90% mainly because there is a very low operating cost involved. |
2. 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 with a small capital investment. So we can consider this business idea perfect for Surat.
| Investment | ₹50,000 to ₹2 Lakh |
| Resources | License, GST Registration, 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 |
3. 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 Surat. 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 | ₹20,000 to ₹30,000 |
| Resources | License, Utensils, Grocery, Culinary Skills, Burner, Tiffin Boxes. |
| Market Demand | The Indian food service market was valued at USD 42.5 Billion in 2023 and is forecasted to reach a CAGR of 11.29% through 2029. |
| Profit Margin: | ₹25,000 to ₹50,000 monthly |
4. Manufacturing of Garments
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. Surat has a prosperous textile industry. Starting a garment manufacturing business is one of the best business ideas in Surat.
| Investment | ₹4 Lakh to ₹15 Lakh |
| Resources | Textiles(Cotton, Yarn, Fabric), Packaging Supplies, Labor |
| 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 |
5. Beauty Parlor
Starting a parlor business is one of the best business ideas in Surat. 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 license, Rent out location, Buy the equipment 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 Margin | 25% – 35% |
6. Organic Healthcare Products
Organic Healthcare Products are natural remedies and supplements which are made from organic foods. Organic Healthcare products are gaining popularity, due to increased consumer interest in health. Some of these products are supplements, skincare, and herbal remedies. Starting an organic healthcare business is one of the best business ideas in Gujarat.
| Investment | ₹5 lakhs to ₹10 lakhs |
| Resources | Raw materials, Tools and Equipment, Packaging and Storing Facilities, License and Permits, A Laptop, A Website and Marketing Strategies to promote the business. |
| Market Demand | The global natural skin care products market will expand at a CAGR of 6.6% from 2022 to 2030 growing at a considerable rate. |
| Profit Margin | ₹1 lakh to ₹3 lakhs monthly |
7. 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 Surat.
| 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 labor for farming and processing, Quality control measures, Knowledge of market trends and pricing, 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. Sweets Shop
We can’t deny the popularity of sweets, almost every age of people loves sweets there is something for everyone. Whether it’s the latest sweets or the traditional sweets every type of person loves sweets. When it comes to starting your own sweet business it is one of the best business ideas in Surat.
| Investment | ₹1.5 Lakhs – ₹4 Lakhs. |
| Resources | License, 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% |
9. Preschool Business
Nowadays, Parents are more concerned about the development of their kids, so they send them to preschools. Preschools help kids ease into formal education. preschools are one of the best places for children which helps them enjoy and learn both at the same time. Thus, a preschool business is one of the best business ideas to start in Surat.
| Investment | ₹4 Lakhs – ₹8 Lakhs |
Resources | License, Office Space/Location, Chairs & Benches, Boards, Computers, Furniture, Trained Teachers, Reliable staff etc. |
| Market Demand | The preschool business sector in India looks very promising and will grow at a CAGR of 9.57% between 2021-2026. |
| Profit Margin | 25% – 55% |
10. 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 Surat, it is one of the profitable business ideas.
| Investment – | ₹80000 – ₹100000 |
Resources | License, 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% |
Conclusion:
Surat, the Diamond City, is a hub of opportunity for small businesses. Its legacy as a trade centre makes it a welcoming place for new ventures. The city’s love for diamonds and textiles creates a market that’s always eager for quality and innovation. Entrepreneurs find a supportive community here, where traditional values meet modern business needs. Starting a small business in Surat means joining a vibrant economy and contributing to India’s growth. It’s a city where tradition fuels progress, making it an ideal spot for business dreams to take flight.
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FAQs – Profitable Small Business Ideas in Surat
1. What are the Top 10 Business Ideas in Surat?
Tuition Class Business, Grocery Store, Tiffin Service Business, Garments Manufacturing, Beauty Parlour Business, Organic Healthcare Business, Cotton Supply Business, Sweets Shop, Preschool Business, Flower Shop Business are the top 10 Business Ideas in Surat.
2. How can I find the best business idea in Surat?
You need to look for gaps in the market where your skills can meet consumer needs. Also, consider attending local business events and talking to other entrepreneurs for practical insights. 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 Surat under 50,000?
Yes, there are lots of business ideas that you can start with under 50,000 such as Beauty Parlour, Tiffin Service, Grocery Store, Tuition Classes and others.
4. Starting a business in Surat is a good idea?
Surat is the commercial and economic centre of Gujarat. Surat has a high-quality infrastructure. The purchasing power of the people here is also so good so it is a wise step to start a business in Surat.
