The only market where the customer/consumer demand never goes down is the food business. Surveys show that the Indian food industry is anticipated to reach $645.8bn in value in 2021.
So if you are thinking about getting into the food business in India, here are some ideas that can help you:
Best Food Business Ideas to Try in 2021
Street food business
Street food business can be the best option for you if you want to start an individual business. Rising demand for ready-to-eat meals is the reason for the high popularity of street-side food.
People love to get a quick bite/meal while on a one-hour break during their office hours. So why not open a street-side stall and kick start your food business.
Open a breakfast joint
From butter toast, idli, paneer toast, dosa, boiled egg, samosa, etc., you can offer various food items to customers in your street food stalls. A quick service facility will make your business more profitable and help you establish your brand.
Besides, most office workers and even PG students depend on street foods, even for lunch in India. So, getting a business loan for opening this won’t be a bad idea.
Popcorn or a tea stall
Opening a tea stall means you can also sell biscuits, bread, and other food items with it. You won’t require any special skills to do it as well. You can also open a franchise outlet too and make a profit at the end of the day.
However, to open a popcorn stall, you need many things. It includes a popcorn-making machine, packing items, and raw materials. However, no need to worry! You can apply for an MSME loan and to get a loan for MSME online lenders like us are the best choice.
Start a pastry or baking shop
If you have the proper skills and knowledge of baking, it’s time to consider opening a baking shop. Surprisingly, it won’t cost you more than Rs 5-7 lakhs to start your business and then grow it when you start getting loyal customers.
Don’t forget to place your store in a high traffic zone for maximum benefit. Besides, if you are worried about investment to start a business, a working capital loan can take your stress away.
- Homemade meal services
Homemade meal services can help you make money effortlessly. Today love and passion for food have bought a trend of selling homemade food to customers.
If you want to invest around Rs 50000- Rs 1 lakh and start a food business, nothing is better than a homemade meal business. All you will need is an MSME registration online, GST registration, and a food safety license.
Pasta making company
Westernization and love for global cuisines in India have made pasta famous among food lovers. It is a food item that people of every age group love.
Therefore, being a pasta-making company is bound to be profitable. To start a pasta-making company with a small investment, you can do MSME registration online and take a loan within three days.
Homemade pickles making
Pickles are a food item present in every kitchen household in India. They are never going to lose their place in the hearts of Indian customers. You may need to invest a small amount as opening capital, for packaging, labour and raw materials.
But on the plus side, you can start a pickle manufacturing company with low investment effortlessly. So open your pickle business now.
Fast Food restaurants
The Fast Food Business is not going to let you down for sure. Yes! The demand for fast food has doubled over the past few years. It is no doubt the most popular food business idea in India right now.
So why not start your fast-food brand? If you are worried about a one-time investment, take a business loan you are eligible for easily.
Open a pizza store
If you have teenagers at home, you must already know how pizza is their go-to food item these days. Therefore, investing money in opening a pizza store is not going to backfire on your business dreams.
Open a momo store
Are you looking for a business that needs small capital investment? Do you want to get a guaranteed better ROI? A momo stall is one of the most profitable businesses you can start.
Both the vegetarian and non-vegetarian Indian crowd loves momos. So, it won’t be a wrong business decision to try out a momo store. Investing in a momo store would definitely not hurt your pockets.
Dhaba or fast food truck
Roadside dhabas are literal lifesavers for those who travel long distances daily. Opening a dhaba beside the national highways doesn’t require too much investment. However, if you serve good food, people will stop at your place to eat, often boosting your business’s profit.
Besides, if you want to be in high demand, buying a van or food truck will help you reach customers fast. So make up your mind, apply for a business loan and choose a business that suits you best.
Open a biryani restaurant
Biryani is one of the most favorite foods in our country. From chicken and mutton biryani to paneer biryani or vegetable biryani, everyone knows about the popularity of Hyderabadi biryani.
Therefore, if you open a biryani restaurant, you won’t have to stress about losses in any season. Your business size/scale will decide how much investment you will need. So planning on a budget and opting for a business loan is the first thing you should do.
Open a Cafe
Opening a cafe requires around 10 to 12 Lakh rupees. However, if you offer a stylish food setting and quality food, you can attract local people, office goers, and students.
The best thing is you can get a loan for MSME of up to Rs 7 lakhs and above to start and establish your brand slowly and steadily.
Lastly, to open a food business in India, it is crucial to know a few things. From legal requirements to infrastructure spending, research about FSSAI license, GST registration, and MSME registration online first. Don’t worry! Let MSME loans take care of your budget and secure your business dreams.
Frequentlye Asked Questions
1) Decide on the concept of your restaurant.
2) Get investment to fund your restaurant business.
3) Evaluate restaurant costs involved.
4) Decide the location of your restaurant.
5) Get all the licenses required to start the restaurant business.
6) Get the workforce for your restaurant business.
Here are some best food business ideas with low investment:
1) Opening restaurant
2) Open a Bakery
3) Chocolate making
4) Ice-cream parlor
5) Mobile food-vans
6) Cooking classes
7) Catering services
8) Farsan shop
Opening a restaurant in India can cost you anywhere between 5 lakh to 1 crore (could be more or less depending upon the location, type of food, customers, and costs that you want to undertake). If you do not want to invest your own money, you can avail of a business loan.
Items baked at home generally cannot sell within stores or restaurants unless the home kitchen has been certified. Some states allow the sale of food via the internet, such as candies and jellies. Others allow customers to purchase directly from your home. Money earned by selling homemade food varies state by state.
Yes, you will need to register with FSSAI food if you wish to sell homemade food online in India. In case you are doing it on a small scale, an FSSAI registration will be enough whereas larger establishments will require a license.
Restaurants are one of the most popular food business ideas as it is low on investment and risk and yet generates high profits.
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