Best Profitable Business Ideas In Nagpur
Last updated on May 28th, 2024 at 10:46 pm
Nagpur, often known as the Orange City, is Maharashtra’s third-largest city. According to Oxford’s Economics Report, it is also the world’s sixth fastest-growing metropolis.
The city is one of India’s top 10 cities for the Smart City Project, with an average growth rate of 8.41%.
Do you want to start a business in Nagpur? We bring you the best profitable business ideas in Nagpur in 2022 that require low investments and can give you promising returns.
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1. Cloud Kitchen Business
Have you ever wanted to open a restaurant or a catering company? While it can be costly at first, putting up a cloud kitchen or delivery service allows you to get started with a small investment.
You can even get repeat customers if you use the right word of mouth, which can help you grow your food business into the precise restaurant you’ve always wanted.
2. Daycare Services
Nagpur is a rapidly growing metropolis, and both parents frequently work from home. These parents require a clean, safe, and reliable daycare facility where their children can connect and learn with other children.
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Renting a space, hiring workers with childcare experience, and setting up security protocols to create a safe atmosphere for the children all need a little initial investment.
This business requires some investment in the initial stage but later you will enjoy high returns & profits.
3. Handicrafts Selling
Near Nagpur, there are numerous villages and towns, each with its distinct cultural and artistic legacy.
Many cultural events are held in Nagpur, including the Kalidas Mahotsav, Orange City Craft Mela, Folk Dance Festival, and Dhamma Chakra Pravartan Din.
These events attract both tourists and local people, making it a great location for beginning a business selling handicrafts and other locally produced things.
To increase your product range, you can start selling online and create a network of local artists, handcraft workers, and dealers.
4. Catering Business
Food is always the centerpiece of any event, whether it be a wedding, a business gathering, a social gathering, or a house party. If you have a knack for cooking, you can start a catering business.
It’s also possible to combine it with additional services such as wedding planning or event management.
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5. Offer Transport Services
Nagpur attracts a large number of tourists each year as a result of its excellent accessibility to adjacent towns and villages, as well as the existence of national parks.
You might start making a stable income by providing transportation services to tourists and inhabitants in the city or adjacent areas.
You can either provide taxi services on your own or work with cab companies like Uber, Ola, Zoomcar, and others.
Verdict On Business Ideas In Nagpur
And that was some of the most profitable business ideas in Nagpur in 2022. With these high profitable business ideas, you can start your entrepreneurial journey in Nagpur.
However you will surely require passion, hard work & some smart actions. Analyze your skills & budget & start a business in Nagpur. Take the first step on your online entrepreneurial journey & move it to the next level.