Socio and economic development of women is necessary for the overall economic development of any society or a country. Entrepreneurship is the state of mind which every woman has in her but has not been capitalized in India in the way in which it should be. India has one of the largest women demographics in the world with over 350 million in the age group of 15-64. However, it is estimated that only around 3 million women fully or partially own business.
What different types of businesses can women start? What kind of business opportunities are there for women in India? Well, you will have all the answers now.
In a recent survey, it is estimated that the female entrepreneurs from India are generating more wealth than women in any part of the world. The entry of women into business in India is traced out as an extension of their kitchen activities, mainly 3P’s – Pickle, Powder, and Pappad. But with the spread of education and passage of time women started shifting from 3P’s to 3E’s i.e., Energy, Electronics, and Engineering. Self-determination, the expectation for recognition, self-esteem, and career goal are the key drivers for taking up entrepreneurship by women.
There are a lot of business ideas for women in India. Choosing the best business venture depends on one’s interest, skills, ability, knowledge, and experience. You can do any kind of business you want but before starting you need to know the capital requirements and the life-blood of the business you start.
Here are the top 10 business ideas for women in India that can be started with minimum investment.
#1 Content Writing
Do you have good writing and critical thinking capabilities? If the answer is yes, you can write and use your skills to sell it. You can use the content on your own websites or blogs or the content may be sold to SEO clerks, Fiverr. You can also find loads of writing projects from freelancing websites like freelancer.com, upwork.com, etc. It requires nothing more than the internet, computer and a good English writing skill to get started for content writing.
#2 Handmade Products
This business is best for housewives whose time passes by handling day to day home tasks. All these housewives need to do is learn to make the products they are interested in. The products can be anything like candles, toys, wooden products or any other handicrafts.
These products can be then taken and sold at a market. Also, you can sell your handmade items on e-commerce websites like Etsy, 1000 Markets, Art Fire, CraftStar, or Folksy. You can also set up shop at flea markets, conferences, and boutique shows. Furthermore, you can make custom orders or teach others how to craft on sites like Craftsy.
#3 Cooking and Delivery
Women are well known for their cooking abilities. This ability and interest can be turned into a profitable business. A business into baking, snacks, meals, beverage, etc., can be started easily from home. Further, with the development of technology and mobile apps, food cooked in a home can easily be delivered within miles of the kitchen. Starting a cooking business out of the house requires no or minimal investment.
Also, if there is a growing demand for lunch boxes or meal delivery to offices, shops or schools in your area, then you can start a business out of this and fulfill the needs of customers. You can start by making contacts in schools, offices and business houses.
#4 Tuition classes
Tuition class is next small business idea that can be started from home. If you are expert in any subjects, then you can spend few hours a day providing tuition classes. Also, with the development of technology, tutors are no longer physically required to be around the pupils. Tutors today teach a student on a wide range of skills from through video conferencing. Websites like tutor.com and myprivatetutor.com have made it easy to find tutoring jobs in India.
The more students recruited, the higher the income generated. If products and sales service are increased, this business idea has a huge profit.
#5 Beauty Parlor
It is another great business opportunity for women and a risk-free one. In India, every woman visits parlors before parties or attending various ceremonies to look beautiful. Parlor services such as hair cutting, waxing, facials, make-up, hair styling and others have a huge demand and indefinite customers. Opening a beauty parlor can be of significant interest to women. You need to take training before starting a beauty parlor.
#6 Health & Fitness
It is an industry which continues to be a lucrative business opportunity for small business. The fitness industry is considered as a largely recession-proof industry. This business requires a bit extra investment to set up, but the resulting profit is great. The gym equipments are expensive but are a one-time investment. Since almost everyone is health conscious these days, the business will be profitable. It will be to your added benefit if you are a yoga expert or a trained aerobics trainer.
#7 Beauty and Fashion Products
Businesses centered around fashion, clothing, and jewelry is a favorite among women and requires very little investment to start. Further, Indians have a craze for movies. This craze for movies has led teenagers to copy the looks of their favorite celebrities. Girls want to look like them and dress like them. And this is the opportunity for women in trade to capitalize. You can introduce a range of beauty and skincare products or celebrity styled clothing and with the right marketing, Indian women can see their business bloom in front of their eyes.
#8 Interior Designing
Women have a good sense of designing and keep their homes beautiful, hence they can open an interior designing business. Use your creative skills as an interior designer/decorator to assist others with creating an environment that suits their personality and needs. Help homeowners use what they already have and become an interior designer.
Do you enjoy sensational writing? If yes, and if you have ideas and words bursting within you, you have most likely thought about starting a blog, at the very fast. Blogging is an easy and affordable way to start from home.The topics you can write on are endless, and there are tons of ways to monetize your blog. With the freedom to create your own, build and style your platform the way you desire, you can completely personalize your blogging experience and reach millions of people across the world. The larger the audience, the higher the chance you have of creating a successful business out of it.
#10 Insurance Agent
This is one of the top business ideas for housewives. As a lady can easily convince another lady than a man on the need for savings and having social security, the household savings with a woman can be trapped while offering social security for the family or the kids. People still give a lot of preferences to insurance, hence this business idea is not going to get killed in the near future.