Delhi, apart from being the capital of India, is also a major commercial center in North India. Due to its strategic location, rapid infrastructural and technological advancement, it is becoming one of the fastest-growing startup hubs in India.
With the world going upside down because of the pandemic, a large number of people have lost their jobs in the past two years. That has pushed people towards thinking about starting their own business.
For such ambitious individuals, who want to be their own bosses, Delhi has numerous business opportunities. Let us look at some reasons why you should choose Delhi to start your business:
- Delhi has a strategic location and is almost equidistant from all major capitals of North India.
- It has a busy airport, with various domestic and international flights departing and landing daily. The other transport facilities are also rapidly developing.
- It is a part of the National Capital Region (NCR), therefore, is surrounded by a growing infrastructural, commercial, and technological environment.
- Cheap skilled, as well as unskilled labor is easily available as Delhi attracts people from all over India in search of employment.
- The weather being mostly moderate, it is easy to adjust to.
- Getting a business loan in Delhi is an easy and hassle-free process.
What are some profitable business ideas to start in Delhi?
Below, you will find a list of small business ideas you can consider for starting a business in Delhi:
Opening a restaurant
The food and beverage industry is something that will always keep growing, no matter the circumstances. Since people from all over India travel to
Delhi for various purposes, having a food business set up here is a great idea. The demand for affordable, good-quality food is at an all-time high. Opening a restaurant (or even a small food kiosk) will be a profitable business here.
Opening a beauty parlor/tattoo parlor
With the growth in the beauty industry, there is demand (especially among young people) to make fashion statements and follow new trends. That means more and more youngsters are now concerned about how good and presentable they look.
They want to enhance their skin, nails, hair or even get themselves tattooed with unique designs or doodles. Having a beauty parlor or a tattoo parlor in any location of Delhi will definitely be a profitable business idea. You can easily apply for an MSME loan for the same.
Gym and fitness centers
Amid the pandemic, consumer habits have changed drastically. People are now increasingly becoming fitness-conscious and health-conscious, especially in the urban areas.
More and more people are flocking to the gym and fitness centers to improve their health and stay fit in the long run. Therefore, starting a gym or a fitness center is a profitable business proposition, however, the initial investment can burn a hole in your bank account; you can opt for an MSME loan in Delhi for this startup.
Running an online bakery
Over the last few years, many people have taken an interest in baking and have started marketing their business online. You can easily find many home-based bakers online on Facebook or Instagram.
With the power of the internet, they are able to garner a wide range of customers who want to opt for customized cakes for various occasions like birthdays, anniversaries, baby showers, etc.
An urban center like Delhi will be a good place to start an online bakery as the required investment is low, and you could make a substantial profit.
Opening a coaching center
More and more Indian parents want their children to enroll in tutoring institutes or coaching centers to improve their child’s academic performance. So coaching centers have a high market value as each parent wants their child to stay ahead in the rat race.
Renting out a place
Property prices are constantly on the rise, making it more difficult for people to buy their own houses. So many people are dependent upon rented housing.
If you own even a small, unused apartment in Delhi (no matter which area it is), renting it out to someone will prove to be profitable for you.
Traditional courier services have been around for a long time now. With more and more people getting involved in online businesses, the demand for affordable and efficient courier services is rising. Starting a courier service in Delhi is a booming business idea.
We have seen people becoming more and more interested in hiring professional photographers for various events of their life. Professional photographers are everywhere, whether it is a pre-wedding shoot, a bridal shower, an anniversary, etc.
Having a photo studio with modern photography equipment and tools will be an excellent business idea in Delhi. An MSME loan by an authorized loan agency can provide you with financial help for this business.
Laundry and dry-cleaning business
People these days work more than 48 hours per week, leaving them with little time and energy to do their laundry on their own. Opening a dry cleaning business in a city like Delhi will prove quite profitable.
Running a creche or a children’s daycare
Numerous working parents across Delhi have to acquire daycare services for their young children. If you are good with kids and are keen to help such busy parents, opening a creche/daycare will be a good idea. An MSME loan will help you in setting this business up.
These are just some of the ideas for a profitable business in a commercial city like Delhi. You can choose any of the ideas mentioned above which appeal to you the most.
Opening a business is a big step and requires proper planning and research. Make sure you are mentally and financially prepared and have thorough knowledge before starting a new business venture.
Following your passion and establishing a successful business will require substantial investment; taking a loan might help you out. When you need to apply for a business loan In Delhi, do so with a reliable loan agency that can ease you through the process.
With Ziploan, you can get unsecured business loans in Delhi of up to Rs. 7.5 lakhs at minimal essential eligibility criteria and basic documentation. We make following your business passion easy for you. Get in touch with our customer-friendly team for further details.
Frequently Asked Questions
1) Auto Repair Shop
2) Textile Business
3) Car Wash Services
4) Electronics Repair
5) IT Support
6) Personal Trainers
7) Kirana Store
Delhi is the heart of our nation and its successful set-up as the epicenter of India’s startup economy showcases the success of the nation overall. It’s the students of IIT Delhi who happily skip placements to start something of their own.
You can easily avail up to Rs. 7.5 lakh business loan.