In the last ten years, New Delhi's population has snowballed. The population of Delhi has increased from 4 million in 1901 to approximately 32 million in 2021. Transportation, education, healthcare, and other facilities provided by the government and other agencies have seen tremendous growth. Better roads and a higher standard of living create appealing investment opportunities for business owners.
Is it profitable to start a business in Delhi?
It goes without saying that Delhi is one of the most popular cities in India for starting a business. The three most important factors that contribute to Delhi's attractiveness as a business destination are as follows:
- A good market for selling products
- Wholesale products are easily accessible for distribution companies.
- Because Delhi is the capital city, administration support makes starting a business far easier than in other cities in the country.
If you want to start a business in India, Delhi is the first place you should look.
According to the most recent Economic survey 2021-22, Delhi has surpassed Bangalore to become India's start-up capital. Delhi's net domestic product has been steadily increasing since 2012, and it is expected to reach 7.2 trillion rupees by 2021. The capital status and the amount of footfall it attracts all contribute to the most sustainable environment for new businesses.
Do you want to start a small business in Delhi? If so, you've come to the right place. We have compiled a list of the most profitable small business ideas in Delhi and new business ideas in Delhi in this article.
So, let's take a look at the top business ideas in Delhi to inspire you and get you started on your new venture.
Handicrafts & souvenir business
Since Delhi attracts a lot of tourists on a daily basis, setting up a store of handicrafts and souvenirs makes a profitable business idea. In fact, it is one of the best business in Delhi.
With an online store, you can expand your business's reach and sell to people all over the country, not just those who visit Delhi!
Sell pet products
A pet food store is always a profitable business idea, especially in a big city like Delhi, where there are many more pet owners. It is undoubtedly one of the best business in delhi.
Along with pet food, you can sell other pet supplies such as pet bedding, toys, and accessories to attract a wide range of customers.
Start an online/e-pharmacy
The pandemic period demonstrated, more than ever, that delivering medicines to people's homes can be a profitable transaction for both parties! This is one of the best business ideas in Delhi , considering how busy, crowded and advanced this city is.
Online pharmacies have quickly gained popularity. The investment needed for an online setup is much lower.
Start a food business
For foodies, Delhi has always been a great destination. Locals and visitors alike enjoy experimenting with the various types of food available in the city.
You can start a cafe or a restaurant and offer delicious food to the people in Delhi. Even better if they can avail of online food delivery services from your food business. It is undoubtedly one of the best online business ideas in Delhi.
Start an organic product business
Organic products do not only include fruits and vegetables. You can make an entire line of organic skincare products as well.
That being said, if you can come up with a unique organic product idea, this business could take off quickly, especially if you provide online service! As one of the online business ideas in Delhi , this one is really great.
Open a fitness center
Fitness centres are always in high demand in metropolitan areas where people are bound by unhealthy lifestyles, poor eating habits, and excessive stress.
Fitness centers do not have to be gyms. You can start a Zumba class, an aerobics class, CrossFit, cardio, and so on. You can start the fitness centre in your own home or rent out a space based on your needs. It is one of the best new business ideas in Delhi.
Start a resale business
Delhi has a sizable wholesale market. Many items are available for wholesale in Delhi. It is a fantastic opportunity for those who live in or near Delhi. Those items are easily sold online through e-commerce platforms. Thus, this is one of the best business ideas in Delhi.
You have many wholesale supplier options, and you can easily find many wholesale suppliers for the products you want to sell online. There are wholesale suppliers for nearly every product in Delhi, so you can sell those products online and make a good profit.
Above is our list of the best small businesses in Delhi. Choose the best one for you and get started right away!