If you want to run a small business, Odisha is the best place to initiate. Odisha is slowly moving towards the business sector and you can secure the right place for yourself in the market. But, if you don’t know how to start a business, then below are twenty-one small business ideas in Odisha that can help you kick-start your business right away.
21 Small Business Ideas In Odisha
1. Food Delivery Business
Besides Bhubaneswar, online food delivery systems in the rest of the areas of Odisha are inferior. While people are in extreme need of it, you can start your business on a small scale by supplying food. You need to network with hotels and restaurants and develop an online ordering service. It is one of the perfect business ideas in Odisha if you secure the right place in the market.
2. Handicraft Business
People across the globe know Odisha for its handicrafts. Horn works, terracotta and pottery are the most famous handicrafts of Odisha. Handicrafts are an excellent source to earn money and start an enterprise by selling them on online platforms or enter into global markets by tying up with people who export out of India. It is one of the best business with low investment in Odisha.
3. Online Coaching Business
It is one of the most profitable business in Odisha. If you wish to set up an independent business, online coaching classes offer you the flexibility to work from home. The initial cost involved is meagre and highly profitable. Your business could also be fruitful for the rural students who couldn’t afford the cost of studying in urban areas.
Read: 21 Small Business Ideas In Manipur With Low Investment
4. Start an Ecommerce Business
It is one of the best business ideas in Odisha. Odisha is on the coastal side and usually doesn’t have the things found in austere regions. Starting this business will allow you to open a channel to buy and sell stuff through two or more different demographic areas. You can make a huge profit if you push the right place for yourself in the competitive market.
5. Pet Sitting
Pet sitting is one of the best new business ideas in Odisha if you love pets. This industry is expanding rapidly, as every one house in five has a pet. You can make a considerable profit out of this enterprise as people are willing to invest in their pets.
6. Tea Stall
Tea is still one of the most loved beverages among all the people of India. If you make an excellent tea, then opening a tea stall is one of the best small business ideas in Odisha. Providing a good service will attract numerous people to your booth.
7. Tourism Related Business
Tourism holds excellent potential and contributes mainly to the economy of Odisha. If you love to explore places or communicate, then starting any tourism-related business-like, tour guide, lodging or a photographer could prove highly profitable and is one of the best business ideas with low investment in Odisha.
8. Solar Energy Business
It is one of the best new business ideas in Odisha as you can provide electricity at a low price. Odisha is one of the hottest states with sunny weather throughout the year, so the solar electricity business could entirely be easy and profitable to start. It is already a good running business in Punjab.
9. Start a Franchise Business
Owning a franchise is one of the most profitable business in Odisha. This enterprise is relatively easy to set-up as franchisors help you develop a business plan which boosts productivity and money. The essential element to earning more profit is to own the franchise of a good company.
10. Taxi Business
The taxi business has snowballed over the last five years due to a decrease in customers for airlines. You can easily make a considerable profit out of this venture by choosing the right type of car and the number of cars you want to start with. It is one of the best small business ideas in Odisha.
11. Cashew Nut Processing Business
Cashew nuts hold numerous health benefits and are bought in large quantities by people. Proper processing of cashew nuts is vital as consumption of raw cashew nuts isn’t appropriate. This is a high profit-generating, and one of the best small business ideas in Odisha, understand the market opportunity for your business and secure the right place in it.
12. Event Management
This business opportunity is slowly gaining momentum in Odisha. It is one of the best business ideas in Odisha if you are good at planning and managing events. The business is high money-generating if you provide excellent service to your clients.
13. Start a Self driven Car Rental Business
It is one of the most profitable business in Odisha. People love to drive cars and there are times when they want to drive a car to a certain place which has caused the car rental industry to increase rapidly. You can earn a massive profit out of it if you choose the type of car rental and the number of cars you want to begin.
14. Jute Bag Making
Odisha is most famous for jute crop production. Jute being an essential part of everyday living, we use it for our daily needs. It is one of the best small business ideas in Odisha if crucial raw materials are used, and the proper plan is executed to make it successful which makes it one of the best business ideas in Odisha. You can start this business in Chhattisgarh as well.
15. Candle Making Business
It is one of the best business ideas with low investment in Odisha. The candle making business requires a meagre budget to invest as the necessary raw materials are readily available in the market. It is one of the best new business ideas in Odisha for making money.
16. Start a Blog
Blogging is one of the best business opportunities to invest. Over the last few years, blogging has got momentum and gained importance. You can earn a considerable amount of money if you have a knack for writing.
17. Open a Beauty Parlor
It can be highly profitable if you have a keen interest in it. The initial cost is meagre, and you can run it on a small scale by starting from home. It is one of the best small business ideas in Odisha if you want to earn extra cash.
18. Open a Coffee Cafe
India is the leading producer of coffee. It is one of the most favoured beverages among the people of India. To start a Coffee cafe requires low-cost at the initial stage. You can easily attract most customers by providing excellent service.
Read: 10 Small Business Ideas In Sikkim With Low Investment
19. Chocolate Making
It is a very low-cost business and could be started from home. To make this business idea successful, you need to satisfy your customers and secure the right place for yourself in the market.
20. Food Parlour
It is an excellent business idea to earn money by selling food. If you are wondering how to start this business, then all you require is a good location and some delicious food to serve to the people. It is a small scale business idea which eventually can expand by the right marketing strategies.
21. Cloth Boutique
It is a small scale business idea. To make this business successful, you have to come up with varieties for clothes to target the right customers and make a place for yourself in the market. This is a huge money-making business if you keep growing and expanding. It is one of the best business ideas with low investment in Odisha .
Conclusion
These were some of the top businesses to start in Odisha to start. You can choose any one of these according to your interest. To start a business you need a lot of patience as it can take time to pick pace for a business in initial stages.
Do you have any other business idea in mind? Mention it in comments.
In February 2021, Mastercard and Razorpay signed a partnership to help small businesses and entrepreneurs in India embrace digital payments. The partnership integrates Razorpay s payment processing capabilities with Mastercard s digital banking platforms and card services.