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Jharkhand constitutes a wide variety of natural resources and is one of the richest mineral zones in the world. An attractive destination for tourists and industrialists, Jharkhand offers plenty of monetising opportunities for business owners. The state produces uranium, pyrite and coking coal, thus opening several investment opportunities. All these factors collectively contribute to great business opportunities here that can catapult you to the heights of success.
Read to learn about some small business ideas in Jharkhand that you can begin with low investment.
The prospect for a budding entrepreneur is superb in Jharkhand. However, you require hard work, passion and strategic management skills, apart from managing your fund to establish your business here. If doubtful about where to start, let us find about the top 17 small business ideas in Jharkhand:
One of the top business ideas in Jharkhand with low investment is to start your digital marketing business. Since Jharkhand is an industrial belt, having several ancillary businesses, the demand for digital marketing is high here. These help businesses to reach their potential customers and increase sales. This small business set-up requires you to build a website. Additionally, you must advertise it to potential customers.
Jharkhand finger-licking dishes are enigmatic to several tourists and locals. If you are good at cooking and want this skill to transform into a profitable business, try an online food delivery business. You can start this from the comfort of your home. To expand your venture, launch a mobile app/website through which people can place orders.
There are several large- and small-scale industries established in Jharkhand. Due to this, there is a demand for skilled, semi-skilled and unskilled workers. You can capitalise on this requirement by starting a labour outsourcing centre. You can source labourers on a contractual basis for various industries. The commissions are high if you can ensure a sustained supply of dedicated workers.
The list of small business ideas in Jharkhand will not be complete without the mention of online teaching. If you love teaching, start your online teaching centre from home. You can create online courses on the subjects in demand and build a website.
Jharkhand being an industrial hub has famous industrial centres and thermal power units. All these hubs require vendors to comply with safety and statutory requirements. Due to a shortage of professionals, often, service providers have to run from pillar to post to prepare standard safety documents. Start a document preparation centre from your home, and you will be flooded with requirements.
Jharkhand abounds in natural landscapes. Many tourist attractions in Jharkhand offer views of untamed nature. Some of these places are – Konar Dam, Netarhat, Kanke Dam, Hazaribagh National Forest, Deuri Mandir, Rajrappa, Tagore Hills, etc. You can start a travel business either online or offline by providing bookings, making travel plans, etc. It can be one of the best small-scale businesses in Jharkhand.
Jharkhand has always been a favourite spot amongst the tourists. Therefore, tourism opens avenues for the hospitality industry and can be an appropriate small business idea. Hosting homestays require minimal investment if you have your property and want to rent it out. Build your website and advertise it through various social media platforms. It will help you to promote your business.
There are fewer physiotherapy centres in all major localities of Jharkhand. However, there is a demand for professional physiotherapy in the location. Keeping in mind the need, establish a small physiotherapy centre. Connect with doctors who will recommend your centre to the patients. In addition, you can expand your business by hiring trained physiotherapists and offering quality services.
Jharkhand, popular for jute production, has a lot of craftsmen working on the craft related to date palm leaf. These artists produce attractive jute products – bags, baskets and other items. Thus, you can start a jute bag-making business as one of the top business ideas with low investment. This business promises the best results in terms of profit per jute product.
Bakery is one of the most profitable small-scale business ideas in Jharkhand you can consider. If you have the skill of baking cakes, croissants and other delicacies, begin your online bakery business from home. However, before venturing into this business, ensure there is demand for the products in your locality. Build your website and promote it through various social media platforms.
Jharkhand has an abundance of streams, rivers, ponds, and other water sources. Due to such a geographical location, the place is ideal for fish farming. The Jharkhand State Fishery Department offers financial assistance to business owners who want to start hatcheries and rearing tanks. Neighbouring states like Odisha, West Bengal, Chhattisgarh, and many others have a high demand for edible fish. Hence, it can be a rewarding business proposition.
Jharkhand is rich in traditional handicrafts and cultural heritage. One of the famous handicrafts of Jharkhand is the Dokra metal craft. You can start making unique Dhokra crafts and other handicraft items. However, build an online store where you can source handicrafts, and put them on display. The best part is that handicrafts are in demand worldwide.
Jharkhand is famous for various decorative products, thus, making this place an ideal location to establish your home décor business. A trending venture in Jharkhand and India, you must possess the right creative skills to start this business. You can collect home décor products and display them online to sell these products to your potential clients.
Several fruits of high-nutrition value are grown in Jharkhand, sparking business ideas for many. You can establish an inert-state fruit export centre and collaborate with traders from other states. Guava, mango, banana, jungle fig, litchi, and jackfruit are commercially grown in Ranchi, Hazaribagh, Dumka, Deoghar, etc.
Jharkhand enjoys a leading position in Tussar silk production in India. It is the only Indian state exporting organic Tussar silk. You can establish an online store to sell these Tussar silk saree and display them to your potential customers, thus making it one of the best low-investment businesses in Jharkhand. Invest hard work and time to source authentic silk products, and your goodwill will attract onshore and offshore clients.
One of the best low-investment business concepts, you can start a candle-making business from the comfort of your home. The raw materials for making decorative candles are readily available in the market. Moreover, candles are much in demand as they serve as ideal gifting options. You must collaborate with local gift shops and online sources to sell your product online and offline.
Due to the number of businesses and industries located in Jharkhand, there is always a demand for corporate gifting in this location. You can establish a corporate/ personal gifting store online and sell various handmade and unique products. You can collaborate with corporates and industries where corporate gifting is in demand during seasons and events.