20 Business Ideas In Burhanpur For 2024 (Low Investment High Profit)

Founded in 1400 AD, Burhanpur is a city in the Indian state of Madhya Pradesh and is situated on the north bank of the Tapi River and 340 kilometers (211 mi) southwest of the state's capital city of Bhopal.

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Burhanpur is the administrative seat of the Burhanpur District. It is a municipal corporation. Burhanpur is named after the Sufi saint Sheikh Burhanuddin Gharib. The city is surrounded by ramparts and has several huge gates. 

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It is a city of historical value. The city has been an Islamic architectural site as it was the capital during the Mughal (Akbar) period. and has countless mosques, tombs, and Places of historical value.

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It was the important outpost of the Mughals and was known as the gateway to southern India for its strategic location. The city was ruled by Shah Jahan for a long period, it is one of the most beautiful symbols of Mughal architecture and Mughal grandeur and will give a sense of what Mughal life looked like. and consequently, The city has many visitor attractions of historical interest as Burhanpur was ruled by numerous dynasties. 

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Some of the historic monuments and tombs built during the time of the Mughal and the Farooqi dynasties are Jama Masjid, shahi qila, the hammam or royal bath, the asirgarh fort, and a few others. The city has three rivers, the Tapti, the Utavali, and the Mohna, which provide several natural sights for visitors to Burhanpur.  

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Coming to the economy, most of the economy comes from the textile industry. Burhanpur is famous for its textile industry, and it is the largest hub for the power loom industry in the state.

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The city is known for having one NTC (National Textile Corporation) project. The textile companies here are well known for interlining cloths, Gray Markin, Bleached Dhoti, Cambric, Power loom Cloth Bikram, and other types of fabric. There are also some cotton and oil mills in the city.

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Reasons to be taken into consideration while doing business in the city:

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• The city is well-connected through roads and railways to other cities of India, which helps in the smooth running of various businesses.

• The city is engaged in both agricultural and manufacturing practices, which makes it easy to choose from your preference.

• Burhanpur is a tourist destination with many historical values, which consequently attracts many history lovers and archaeologists. A business that can please the interest of these tourists would be very profitable to start in the city. 

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Statics table

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Entrepreneur Story In Burhanpur

Murtuza Amin established a startup BizProspex in Burhanpur. He always wanted to do something for his region which had given him food to eat and air to breathe. BizProspex is a data mining and data cleaning company, which aims to change the belief in society that big action can only happen in big cities. 

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In 2011 murtuza shifted to Mumbai and started his career at a Mumbai-based O2O (online to offline) firm. But his passion lies somewhere else. In 2013, he started BizProspex, which offers on-demand data mining, lead generation, CRM data cleaning, and appending services.

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After founding BizProspex, Murtaza shifted to the USA to get better insights into the data industry. However, in 2016, he shifted back to India in Burhanpur to serve as an example of reverse migration.

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Upwork, a freelancing platform has rated BizProspex among the top 3 data mining companies in the world.  Murtuza Amin has set an example for many young entrepreneurs to establish their startups in their hometowns rather than moving to bigger cities in search of facilities. We can try to bring those facilities and comfort to our hometown. 

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Benefits of owning a small business:

You might have this question in your mind. you can get this answer through the Fynd platform.

• It gives you the benefit of doing what you love. You can choose anything from your preferences and choices.

• You can work flexible hours. It's not like you have to work from 9 to 5. You can choose and make your schedule.

• Owning a business, be it small or big, gives you confidence and self-esteem.

• You can be your boss.

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Business to start in Burhanpur:

Considering the factors available and the different advantages present in the city you can start different types of business. But it can be difficult for you to choose from the available options. Here on the Fynd platform, you can find some ideas which you can incorporate

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1. Cotton Suits/Saree Business

Cotton clothes are one of the comfiest clothes to wear in summer. cotton is cultivated at a large scale in Burhanpur which is a plus point if you will be starting your business in Burhanpur. People of Burhanpur prefer wearing cotton clothes in the summer as the weather is extremely hot and humid In this season. 

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Moreover, Burhanpur is popular for its textile industry, so you can undoubtedly invest in this business. This industry has a huge scope and potential. The Indian textile industry is one of the largest in the world, which gives an entrepreneur immense opportunity to work in this business.

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Cotton is also one of the most important raw materials grown in Burhanpur. The cotton textile industry is responsible for taking cotton and spinning it into yarn that is later used to create a fabric. 

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India’s value of cotton and cotton products exported was around ₹720 billion in 2021. India is not only the biggest exporter, but the industry also stands as the country’s second-largest employer. 

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2. Banana Chips Manufacturing

Burhanpur is the largest producer of bananas in Madhya Pradesh. Hence, you can think of a banana chips business. Just like potato chips, the demand for banana chips is also increasing in urban cities. It is a popular ready-to-eat snack.

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It comes under the FMCG segment. Also, small towns like Burhanpur are emerging markets for banana chips. Starting this business in a banana-producing area would give good results. The interesting thing is the business requires minimal investment.

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Also, you can operate this business from a small space.  Before starting this business it is important to analyse the market and look after your competitors to check their packaging style, quantity packing, and MRP. 

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Craft a proper business plan for the smooth running of your business. For starting the banana chips-making business, you will need to obtain the FSSAI registration. Secure the brand name of the company through Trademark Registration and apply for the GSTIN for tax payment.

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3. Manufacturing Agricultural Equipment

Agriculture and farming are an evergreen sector of India. Indians have been engaged in this profession for ages. India is an agrarian country, and it is famous worldwide for producing agricultural products.

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In Burhanpur also agriculture is practised extensively, and as the need for food is increasing with the increasing population the demand for agricultural equipment is also growing. 

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Farmers prefer using upgraded and operational equipment for greeting better results. Hence, selling agricultural equipment is a profitable opportunity. Farm equipment includes different types of hand tools, machines, or equipment that hampers the process of agricultural production.

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Experience is important in this business, but if you are a beginner you need to perform market research to know the current market demand, your competitors, and their offerings. You also need to register your business and acquire a license for selling agricultural products.

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4. Guest House 

Burhanpur is a city with historic values. The city has many ancient monuments, buildings, temples, and mosques. The city is one of the significant tourist destinations of the state. Also, it attracts many Hindu and Muslim pilgrims to visit the city.

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Hence, starting up a guest house is a good business idea to start in Burhanpur. It is not difficult to start your own guest house business. You need to consider the following things before starting up your business:

• Get a building in a preferable location to set up your guest house. The building can be in a location that provides the best view for your guest, or you can choose a location that provides a relaxing environment for your business.

• Make sure to transform your building into a comfortable space for your guests.

• Acquire all the necessary licenses required for your business. 

• Hire the best human resources to work on your business. They should have the communication and management skills to deal with the guest.

• Prepare a good marketing plan to attract your customers.

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5. Wooden Furniture Business

The wooden furniture business is also prevalent in the city of Burhanpur.  The increase in the demand for wooden furniture is due to the increase in the disposable income of the people, the growth of the real estate and hotel industry, and the demand for high-end and luxury wooden furniture from specific segments of consumers.

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For starting up this business you need to understand the furniture market and the trends and decide the kind of furniture you will be designing and making. Also, identify your niche, you can make office furniture, home furniture, or cabinets.

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Identify your market and invest a good time in making the business plan for you. Business. It is important to register your business, choose a name for your business, get Tax registration and acquire the required license. 

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According to a recent report by Allied Market Research, the global furniture market is forecasted to reach $800,596 million by the end of 2025. According to Global Market Insight, the furniture market size is over $545.78 billion in 2020, with a CAGR of 5.4% from 2021 to 2027. 

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6. Manufacturing Mango Pickle

Mangoes are cultivated in Burhanpur. Pickle Is an essential part of the Indian  cuisine. There are various types of pickles such as lemon pickles, chilly and garlic pickles, mango pickles, carrot pickles, mixed vegetable pickles, fish pickles, cabbage pickles, and so on. But the most popular one is the Mango pickle. 

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As raw mangoes are available only in summer, people make mango pickles in bulk and then sell or consume them throughout the year. There is a huge market for mango pickles and you can kick-start the business with minimum expenses, and can even start this business from your home. When starting on a large scale you will need a manufacturing infrastructure in place, capital, and equipment. 

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Arrange for a dedicated manufacturing unit and machinery to aid you in the pickle-making process. When manufacturing pickles on an industrial scale, you will need bigger machinery, such as a cutting machine, pickling machine, and mixing machinery.

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Along with this, you will also need large containers to store the pickle, as well as jars for packaging and then delivering it to the end consumer. Register your company and acquire a license for your business. It is a great business that you can start from the comfort of your home. It is a lucrative business opportunity that requires relatively little capital and labor. 

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7. Jewelry Shop

Madhya Pradesh is the only Indian state to have diamond mines. This helps fuel the growth of the jewelry industry. Starting up a jewelry shop in Burhanpur will give success.

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Starting up a jewelry business is a matter of time, effort, and perseverance (and a few technicalities, too).  Write a business plan to organize your thoughts about your business. 

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Arrange your finances and resources, start to prepare a solid marketing strategy, define your business long term and short-term goals and create a game plan about how to achieve those goals in the short term.

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Make a detailed budget for your business and then arrange for capital. Legalize your business by registering and acquiring the necessary licenses. Always try to go for the designs which are in trend, as these days trends and fashion keeps on changing, try to keep yourself updated. 

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8. Organic Fruits/Vegetables

Madhya Pradesh stands in the fourth position in the production of agricultural products. It consumes the lowest fertilizer per hectare. Hence, an organic fruit and vegetable store would be an ideal business to start in Burhanpur. 

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The city is an agricultural predominant area and setting up organic fruits and vegetable businesses will give good profit. Switching up to natural techniques such as green manure will provide benefits to human health, animals, and the environment.

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It reduces pollution, reduces soil erosion, conserves water, increases the fertility of the soil, and uses far much less energy. People are getting more health conscious and ready to pay more for healthy and organic products, hence there is a high scope in this business. The Indian organic food market has a good future and is expected to grow by around 25% in 3 years. Hence there is a good scope for organic farming business.

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9. Forest Resources

Forest is considered one of the most natural resources on the earth. They play an integral and significant role in our day-to-day life. The majority of the things or tools used in your home come from forests.

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Madhya Pradesh has covered the largest forest area in India, almost 77,414 sq. Hence starting up a forest resources business would be an ideal option for you. You can bring the famous and most used forest resources and sell them in Burhanpur. 

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Forests provide us with a large number of commercial goods and innumerable material goods which has a high demand in the market, they include timber, firewood, pulpwood, food items, gum, resins, non-edible oils, rubber, fibres, lac, bamboo canes, fodder, medicine, drugs, and many more items.

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Honey is one of the major items sourced from forests. Half of the timber cut each year is used as fuel for heating and cooking. They are useful for industry and also for rural economic growth. Also, the woods gathered from the forest of Burhanpur are used in wooden furniture.

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Wood is used as a source of energy for cooking food in rural industries. Burhanpur also has a huge leather industry, the animals in the forests are hunted for their leather. Though the forest did not directly contribute to the economy of Burhanpur, it is the source of raw materials for many industries in Burhanpur. 

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10. Cement Industry

Madhya Pradesh is the third-largest producer of cement in the country. The state has tremendous potential for cement industries. If you are looking to start a business in Burhanpur you can opt for cement stores.

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You can bring the cement from the area rich in cement production, and then you can sell them in Burhanpur.  There is a rapid increase in Construction and infrastructure businesses in India.  So India has a fairly great scope in the cement industry compared to other countries.

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According to the study of IBEF.org, India is the second-largest cement producer in the world and accounts for over 8 percent of the global installed capacity.  Cement production reached 334.48 million tonnes in the Financial year 2020, with India being the second-largest producer of cement in the world contributed by the top 20 cement companies of India which account for 70% of the total cement production.

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As the owner of the cement business in Burhanpur, you have to buy the cement directly from the specialized cement companies and also retail selling it to other purchasers or buyers. 

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Also, the licenses, investments, and profits of a cement dealership depend on the company you are dealing with. Follow proper marketing strategies to reach your target customers. Your target customers could be households, interior designers, construction industries, architects, and others. 

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11. Glass Etching

The glass etching business is also among the profitable business ideas in Burhanpur. The glass industry is famous for its creative glass etching designs in decorative, awards, and gift products.  It is an artistic and profit-making business idea that can be initiated with a small amount of investment and can be operated from your home.

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If you are an entrepreneur with a  creative mind, and passionate about art and crafts, then you can invest in this business.  Glass etching is done with a simple process and there are several methods you can try to get an elegant and beautiful etched item.

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The creative glass etching product ideas are customized etching on a mirror, bar logo on the drinking glass, awards, customized glass shower doors, customized etching on wine bottles, customized beer glass, glass etched coffee mugs, corporate gift items, privacy window glass, etc. To start this business you need to follow the following steps:

• It is of utmost importance to learn the skills of glass etching. If you lack the skills in glass etching then you can hire some professionals for your business.

• The business plan is the most important step in starting up any business. 

• You will get a good response from your customers if you design unique products for different business or personal reasons.

• It is significant to give a catchy and relatable name for your glass etching business. 

• Promote your business by following a proper marketing strategy.

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12. Nail Polish Making

Starting up a nail polish business would be a great idea in the minerals and chemical-rich state of Madhya Pradesh. Chemical industries are one of the major sectors In the state.

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Nail paints contribute $88.6 million to the $11.6 billion Indian cosmetic industry. Nail polish products have a huge demand in the cosmetic industry, and it generates massive revenue throughout the year and also provides employment to large numbers of people.

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Selling nail polish is an easy task because of the huge demand in the market. This product has an ever-expanding potential in the market. The reason for the immense potential of nail paints is that the demand for nail polishes has been derived from the demand for nail arts and trends.

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Customers buy the latest trend in nail paints and wear them, which in turn influences people, and then they wait for another trend to pop up again. You can start this business with low investment, and you need to know the latest fashion trends and unique nail designs. Also, do not compromise on quality, provide the best quality product to the customer to create a loyal customer base. 

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13. Cutting And Polishing Diamond

Madhya Pradesh is the state with diamond mines. So setting up a cutting and polishing of diamonds can emerge as a major industry in Burhanpur. India is the world’s largest cutting and polishing center for diamonds.

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The cutting and polishing industry is well-supported by government policies. You can start this business on a medium or large scale with moderate capital investment. The success of this venture majorly depends on the quality of work and investment capacity. 

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Therefore make a proper business plan and invest your money in the right equipment and hire experienced manpower. If you are a beginner, you have to study this industry to get an idea about the market and identify the specific demand, the competitors, and the potential clients.

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Cutting and polishing Diamond business requires specific registration and licenses from several Govt. authorities. Register the business, and it is better to form an LLP, Pvt.

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Ltd or Ltd company. Choosing the workspace entirety depends on the business size. If you are starting a medium-scale unit you can go with 1000 Sq Ft built-up space. Hire skilled and experienced manpower for your business. 

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14. Coal Washing Unit:

Madhya Pradesh is situated in a unique geographical location and shares borders with six States. It also has vast mineral resources, major mineral reserves include those of coal, coal bed methane, manganese, and dolomite.

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Hence, you can start a coal Washing Unit in Burhanpur. It is one of the most important units for the up-gradation of Coal in the sense of fed value by reducing the amount of ash content in the Coal. 

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It is associated with a sieve Coal of position to get the quality Coal. The Qualities of coal depend upon its ash content. Coal washing is a process by which separation is done mainly based on differences in the specific gravity of coal and associated impurities like sand, ash, etc.

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In 2020 the demand for domestic coal was almost 1,500 MT. At present 8% of coal production is through underground mining technology. Thus, due to demand, it is best to invest in this project. Washed coal helps in Increasing generation efficiency, Increased plant availability, and Reduced investment costs, and there are other benefits too. 

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15. Disposable Paper Cutlery

Burhanpur has many manufacturing industries and one such is the paper Industry.  The paper industry of Burhanpur is the largest in Madhya Pradesh. So, you can start making a disposal paper plate business to earn great success.

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Nowadays Disposable cutlery and containers have become a part of our day-to-day life. Disposable items like cups, plates, and saucers are being increasingly used in many places. 

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They are disposable items and are made with easily degradable materials which are man-made products like paper from wood pulp, biomass, etc. Paper cups and plates have greater hygiene value, and they are Cost-wise cheaper than plastics and other plates.

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They are also inexpensive, lighter in weight, and convenient to use. Most catering businesses and restaurants have started using plates and now greatly benefited from these products.

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They help in the easy clean-up and there is no chance of breakage. Also, they are available in biodegradable, recyclable, and compostable forms which cause minimum damage to the ecosystem.

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Hygiene and sanitation are the other important factors that make people go for disposable dinnerware. There is good scope for new entrepreneurs to venture into this field.

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16. Wheat Flour Mill

Wheat is the leading source of vegetable protein in human food having higher protein content than maize (corn) or rice, the other major cereals. Wheat is the largest grain crop in the world,  Wheat flour is a powder made from the grinding of wheat used for human consumption. More wheat flour is produced than any other flour. 

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The wheat flour mill is a good business idea that can be started both in urban and rural areas. you can initially start your business with moderate capital investment,  you can offer the packaged wheat flour products to the customers, and make proper strategic planning for the distribution of wheat flour and marketing your product. As the Wheat Milling Flour Business comes under the category of the Food Processing Industry it requires specific licenses, permissions, and a registration process. 

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17. Bamboo Plywood

Bamboo is a natural product that comes in various colours and grains, suitable for many infrastructural and industrial economies. They are fast-growing, grass-like plants, chiefly grown in tropical regions.

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They have a broad range of scope in urban and rural industries. Bamboo-based products have a wide range of outdoor and indoor applications due to their flexibility, high durability, and abundance. 

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Bamboo plywood is stiffer and has a longer lifespan than hardwood, giving advantages to the bamboo business market.  India is one of the highest producers of bamboo in the world. So considering doing business in bamboo plywood in Burhanpur can be a rewarding and secure career in the future.

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Make a clear business plan which should include the investment details, resources needed, manufacturing process handlers, expenses required, possible investment returns, workforce requirement, market research, risk analysis, and current market trends to incorporate your business step by step.

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Qualifying for loans and attracting new investors is possible only with a solid business plan in hand. Before getting into this business it is important to have a clear understanding of all the aspects and factors for making your business successful. Understanding all the merits and demerits of the trade will help you run a business smoothly and profitably.

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18. Catering

It is one of the small businesses which you can establish in Burhanpur. The food catering industry in India is said to yield an average annual growth of 25-30%.  You can initially start this business with low investment and then build on it as you get more clients along the way. The first you need to do is to find your catering niche. Study and understand the market and the needs of your customers. 

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Try to get authentic feedback from customers and provide them with maximum satisfaction. You can work on contract catering for special events, private chef services, banquet lunch boxes, and so on.

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You can create a menu for each of the areas you have finalized. Decide the space for cooking and storage. The budget depends on your preferences. You will have to invest your money efficiently on on-site equipment, licenses, rental costs, transport, and other such expenses. Buy the equipment according to the menu you have finalized. Hire adequate and skilled manpower and market your catering business to create a strong customer base.

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19. Pet-Sitting

If you love pets, you can start a pet-sitting service. In this business, you have to take care of other people’s pets while away from home. Pet sitting business is a great way to enter the animal industry.

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To get more customers you can design a flyer and business card to place on entryway bulletin boards in vet clinics, supermarkets, dog groomers, and pet stores. You can also place ads in nearby stores and neighbourhood newsletters. 

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This is one of the most rewarding business ideas for animal lovers. It is cheaper to start this business and get all the necessary business permits, licenses, and basic equipment.

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It is also quite simple to start this business just plan your business carefully and market your services to get your first clients. Try to maintain the trust of your clients by providing them with the best service. Soon you’ll be able to establish a successful pet-sitting business.

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20. Confectionery

We all must have remembered those days when our eyes used to sparkle in joy when our parents took us to the confectionery shop. The concept of confectionery shops has changed a lot. Earlier it only used to sell bakery and sweet items (candies, chocolates, toffees, and cookies) which used to be heaven for most kids. 

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However, modern confectionaries don’t just offer limited products. A modern-day confectionary sells a wide range of beverages, chips, bakery products, and sodas, and the list is very long.

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This industry has a huge scope in India. According to reports, the Indian confectionery industry is expected to expand at a rate of 8.5 percent between 2021-2026. Hence, you can open your confectionery shop in Burhanpur. 

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Conclusion

Burhanpur is a mid-sized city with a high potential for development. The city is situated in Madhya Pradesh, the state is rich in resources which attracts many businessmen and entrepreneurs to invest in the state. Madhya Pradesh is now the second preferred state for the corporate world to get their industries set up.  

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Knowing the specific industry will help you in the business's initial stage and grow the business quickly. Before investing money in any business, you should research and study the market of a particular industry. 

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Fynd platform has curated the list of some of the best business opportunities which you can consider.  Many industries and sectors are flourishing so, consider the idea of starting a business in Burhanpur.

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