Top Business Opportunities in Ahmedabad
From Adani and Reliance to Amul, Gujarat has been a conveyor belt of quietly successful businesses. and Ahmedabad: Gujarat’s largest and most populous city, has now become the new business hub in the state. It has gained prominence as an economic hub, with giants from several industries setting up their centres.
But did you know that it has also become an excellent place to start small and medium sized businesses? So if you are looking for business opportunities in Ahmedabad, naturally you will have many options in front of you. But zeroing in on a single idea can still be challenging because every business involves risk
Business opportunities in ahmedabad
This list includes different types of businesses that require different types of investment to determine the one that is right for you.
- dairy business
- property dealing business
- apparel wholesale
- Vaseline Manufacture
- internet marketing agency
- drug supplier
- house cleaning service
- event planner
- art and craft
- food business
1. Dairy Business
| Investment | ₹10,00,00 to ₹15,00,00 |
| ROI | 8 to 10 months |
| Profit | ₹80,000 to ₹1,00,000 |
Gujarat is the third largest milk producer in India; So it would serve you well to invest in an already growing market. Government policies favor dairy shops, and are even more lax for cooperatives and small-sized businesses.
Before you begin, do consumer-demand research to see what type of cattle you need to buy. Wealthy families in Ahmedabad prefer low fat milk, and if you are targeting the upper class then choosing cow as your cattle is a good option.
You will also need to have a proper arrangement for feeding the cattle, milking and making milk products. Attractive packaging and marketing is also something in which you have to invest well.
Scope of this business
The demand for organic dairy products is increasing in big cities like Ahmedabad. People can pay more for good quality milk. This means that even though you may face competition but with a little bit of creativity, your business can grow manifold in a short span of time. Remember, it’s about what and how you’re presenting.
Reasons to start this business
- Dairy business opens up the option of selling a variety of expensive products such as cheese, butter, milk and ghee.
- The government supports the industry, which means you won’t have to deal with huge regulations.
- Higher profits and demand if the product is organic and well marketed.
2. Property Dealing Business
| Investment | ₹60,000 to ₹80,000 |
| ROI | 5 to 7 months |
| Profit | ₹30,000 to ₹50,000 |
Ahmedabad has a steady population growth of about 2.4% every year. More and more people are migrating to the city from nearby villages, cities and other states. With such a population, the increased need for residential and commercial spaces leads to flooding.
Hence, starting a property dealing company will provide you a great opportunity and is a sure way to move ahead in the business world of Ahmedabad. This business is not limited to sale and purchase of properties only. You can also rent one – something the city’s young population likes. Plus, commercial properties are usually rented out at higher prices, which means your commission will be higher as well.
Scope of this business
Real estate in Ahmedabad has become a buyer’s market as people are trying to invest in safe properties. And even if sales drop, renting is always popular for both short-term and permanent residents. This business is not about to stop as the city continues to grow.
Reasons to start this business
- All you need is a little investment.
- Just the attempt and connection are usually sufficient.
- Ahmedabad is an expensive and popular real estate hub, so you will earn good commission.
- You don’t need a lot of degrees to excel in this business.
3. Garment Wholesale
| Investment | ₹1,00,000 to ₹2,00,000 |
| ROI | 12 to 14 months |
| Profit | ₹80,000 to ₹1,00,000 |
Gujarat is a fertile land that grows an abundance of cotton and other raw materials used in the apparel manufacturing industry. With more production comes lower costs, which means you can find the cheapest raw materials in Ahmedabad and start making your own apparel in bulk.
The business is quite safe to open as good quality clothes hardly go unsold. Business is based on effort and creativity. If you find ways to export your clothes to other states, you can even earn 10 times your production cost. But don’t neglect the local market either, as people migrating from other metros may also like your products.
Before starting, look for current trends in traditional clothing such as salwar suits, kurtis, blouses and shirts. All these products are in high demand and production does not take much time. You do not need to worry too much about the place. Depending on the scale you’re going for, choose an affordable place to host the machinery and staff.
Scope of this business
Recent trends show that Ahmedabad is witnessing an increase in textile demand from countries like Australia, USA, New Zealand and Europe. The scope of apparel manufacturing businesses in Ahmedabad is immense, especially considering the export-demand. Manufacturers have already run out of unsold inventory and demand for new products is at an all-time high since the pandemic.
reasons to start a business
- You can start with less space and investment.
- There is a flourishing market in Ahmedabad and even outside the state.
- You will get cheap raw material in Gujarat.
4. Vaseline Manufacturing
| Investment | ₹50,000 to ₹70,000 |
| ROI | 4 to 6 months |
| Profit | ₹20,000 to ₹25,000 |
Gujarat has 42 ports and is one of India’s leading manufacturers of petroleum products. So why not use this specialty of Gujarat as a business opportunity? Making something as a Vaseline manufacturing unit can help you earn good profits in the city.
Vaseline is a petroleum jelly that protects the skin from drying out during the colder months. The northern states of Delhi, UP, Uttarakhand, Himachal, Punjab and Kashmir see huge demand for Vaseline jelly in winters. Although it is a seasonal product, production and manufacturing continues throughout the year to meet cosmetic demands.
You can start this business with very less capital as the manufacturing unit does not require much space. You will need few chemicals and only a few cheap equipment for production.
Scope of this business
The product is built around ports only. Since you live in a port city, you will find petroleum products to be cheap. You will also be able to find a cheap workforce for this business opportunity in Ahmedabad.
Since Vaseline is a cheap but high demand product, there is no risk that it will not sell. So the potential for professional development will always be important to you.
reasons to start a business
- Easy to buy cheap raw material in Ahmedabad
- does not require heavy investment
- There is guaranteed demand regardless of market conditions
5. Internet Marketing Agency
| Investment | ₹10,000 to ₹15,000 |
| ROI | 10 to 12 months |
| Profit | ₹20,000 to ₹30,000 |
The rise of Jio has seen a metronomic increase in internet users in India since 2016. As a result, many companies are investing in increasing their online presence which can prove to be a good business opportunity in Ahmedabad. Tapping into local businesses in Ahmedabad and convincing them of the value of a strong online presence can be a huge game in your favor.
This business can include things as simple as listing a business listed on Just Dial and building a website for a social media marketing campaign. You will need adequate knowledge of digital marketing or can hire various individuals like web designers, content writers, marketers etc.
scope of business
Most of the old shops and companies owners in Ahmedabad don’t know anything about website building and they still run on brick and mortar concept. When entering the field they need the assistance of an internet marketing agency, and this is what you have to avail.
Since the online world has no signs of slowing down, you will undoubtedly grow fast as a local internet marketing agency in town.
reasons to start a business
- High demand among small and old brands to gain internet presence in Ahmedabad
- highly profitable venture
6. Medicine Supplier
| Investment | ₹1,00,000 to ₹3,00,000 |
| ROI | 5 to 6 months |
| Profit | ₹80,000 to ₹1,00,000 |
Pharmaceutical is one of the most profitable businesses in Ahmedabad and all over India with a growth of over 55 billion in 2020. The business was also epidemic-proof and provided lots of security.
India is one of the leading countries in developing vaccines and generic drugs. Although Gujarat is yet to take advantage of this, the state government is now actively supporting small pharmaceutical businesses. If you are a medicine supplier in Ahmedabad, you can expect quick success.
With the pandemic still not over and the demand ever increasing, it is a good time to open a medicine supply business in Ahmedabad. If you have a good amount to invest, then welcome this opportunity with open arms.
scope of business
With the demand for medicines expected to continue to rise, you can set up a medical supplies business and expect a booming revenue. The investment here is small, but the ROI is unbeatable and free from market anomalies.
reasons to start a business
- Guaranteed Success
- high demand for products
- Government initiative to support small pharmaceutical businesses in Ahmedabad
7. Home Cleaning Service
| Investment | ₹80,000 to ₹1,00,000 |
| ROI | 1 to 2 years |
| Profit | ₹25,000 to ₹30,000 |
If you want to start a small, low investment business, then you should do home cleaning business. With people living in plush homes, carpeted apartments and bungalows in Ahmedabad, this business could soon gain a foothold.
This includes tasks like cleaning of carpets, walls, corners etc. You can also get cleaning contracts at malls, stores, and restaurants.
All you need to do is set up a team of dedicated professionals and place your ads on local listings. Remember, proper marketing is what will drive your new home cleaning business.
scope of business
You can choose from different specializations in your residential services like maid cleaning services, window cleaning, car cleaning, carpet cleaning, and more. You will get even more profit by entering into a commercial contract. If done properly, this business is full of long term benefits.
reasons to start a business
- small investment
- Demand is increasing in both commercial and residential areas
- less competition
8. Event Planner
| Investment | ₹50,000 to ₹1,00,000 |
| ROI | 1 to 2 years |
| Profit | ₹30,000 to ₹40,000 |
Corporate events are very common in Ahmedabad, and hence the need for event planners. The presence of festivals like Uttarayan, Shamla Ji Melo, Vann Utsav etc. will give a lot of scope for your business to grow.
For all these reasons, starting an event planning company is a viable idea. An event planner can save anywhere from 15% to 40% by negotiating well with the client. Events like product launches and conferences provide you a special opportunity to earn additional profit.
scope of business
You need to develop many connections in everything from small businesses like decorators and florists to businesses in catering, entertainment, transportation, and more. The many festivals and rich culture ensure that the city is always celebrating, so shall you with an event-planning venture.
reasons to start a business
- Ample opportunities for event planners in Ahmedabad due to the festive culture
- high profit
- Endless opportunities for growth once you develop a name in the market
9. Art and Craft
| Investment | ₹15,000 to ₹20,000 |
| ROI | 4 to 5 months |
| Profit | ₹12,000 to ₹15,000 |
Handicrafts like bandhani and embroidery like zari are famous all over the world and will never stop being so. So what if you could get a business from their popularity?
This business requires little outlay in raw materials but is prized in terms of the value it provides. You can invest in a handicraft business in Ahmedabad and hire native artisans to do the work. You will be stunned by the skilled labor available in the city.
Whether it’s a local fair or a global event, you can make your products more attractive by showcasing your product heritage and your brand story.
scope of business
Gujarat is known for intricate crafts like Zari, and you will easily find artisans here. Cheap labor always gives better profits. Plus, with so many products to make, growing tourism in the area, and high export demand, you won’t soon run out of ideas or revenue.
reasons to start a business
- Exclusive Artisans Available in Gujarat
- earn more profit with less investment
10. Food Business
| Investment | ₹10,000 to ₹15,000 |
| ROI | 2 to 3 months |
| Profit | ₹8,000 to ₹10,000 |
Food is sold everywhere, but there are only a few cities whose traditional food can be exported. Yes, you heard it right. While you may not be able to sell Mumbai’s pav bhaji in Gujarat, you can export Gujarati theplas directly from Khandvi and Ahmedabad around the world.
The traditional delicacies of Gujarat can be stored for days, and hence it is a good idea to set up food packaging and supplies in Ahmedabad. You can sell dishes from a small shop in the city and then export to some other states as well, thereby diversifying your earning channels.
Gujarat is also a producer of various crops such as wheat, jowar, rice, groundnut, and more, so you can get such products at cheap prices as well. This ultimately means less expenses and a lot of doors to profit from this business opportunity in Ahmedabad.
scope of business
Food Business Ahmedabad
If you can get contact with shops in other states and sell them food products made in Gujarat then you can make good profits. You can also sell fresh dhokla and khandvi in a small shop in Ahmedabad and still earn well. Remember how the food stalls got crowded soon after the unlock? Your business, too, will be mostly secure and revenue-driven throughout the year.
reasons to start a business
- The business is not likely to fail as a safe investment
- If you can export food products then it has huge profit potential
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1 Comment
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