44+ Business Ideas In Chennai for 2024 (100% Actionable Profit Making Business)
Chennai, also known as Madras, the capital city of Tamil Nadu, is famous for its diversity. A population of 11.2 million makes Chennai one of the best places for businesspeople. Here we have listed some of the best Business Ideas in Chennai from which you can make 100% actionable profit after reading this article,
Chennai has become a hub of several trades. Also known as the Detroit of India because more than one-third of India's automobile industry is based in Chennai. Being an important sector in many fields of art, architecture, technology, and development, Chennai has proven to be one of the apt areas for establishments. It is also one of the safest cities in our country. Like their city, the people are updated and forward compared to other cities.
The vicinity hosts everything from IT businesses to production centers. Many features make Chennai the best location for companies and startups, just like Bangalore. Due to these reasons, there is plenty of big or small businesses.
Chennai has an economic base anchored by automobile, software services, medical tourism, hardware manufacturing, and financial services.
Why Choose Chennai for Investment and Business?
- The city is full of old and young minds willing and creative enough to make money.
- The population is an excellent factor.
- Chennai being a metropolitan city has its perks compared to other districts.
- Relevance in the field of technology and innovation.
- Widely regarded as a quality production center.
- Many International companies and MNCs are headquartered there.
- The needs and requirements of the population are diverse, so that small businesses are thriving too.
Cottage-based or home-based industries can be beneficial in this sense. Many small startups have grown into well-known companies in Chennai. Fynd Platform is an e-commerce platform trusted by thousands of businesses, where you can create your website or sell products on popular online marketplaces such as Amazon.
Many other companies have made forming your small industries and businesses more accessible. Some of the relevant sectors in small business include:
- Food industries
- Toys
- Interiors
- Home services
- Grocery services
- Old age care
- Customized cake businesses
- Customized wedding planners
- Event planners, and many more.
The new MSME policy aims to make Tamil Nadu the most vibrant ecosystem for MSMEs and startups. The policy aims to increase exports through micro and small-scale industries. Chennai's consumer prices and rent are 54 percent cheaper than Mumbai's. This makes the city suitable for big enterprises and small businesses.
According to reports published by FICCI, Chennai is the central manufacturing hub of Tamil Nadu. Tamil Nadu, with a GSDP of US $215.81 billion in 2017-18, is the second-largest economy of India after Maharashtra.
As of 2012, the city has about 34,260 identified companies in its 15 zones.
The primary industries active in Chennai:
- Software services
- Traditional arts
- Information technology
- Textile production
- Banking and Finance
- Ports
- Medical tourism
- Entertainment
- Petrochemicals
- Aerospace industry
- Engineering procurement and construction
- Electronics hardware, etc.
What are small-scale businesses?
Small-scale businesses have comparatively smaller sizes, which generate a lower level of profitability. It has its perks compared to the heavily invested companies. There is no perfect formula for starting your own business, and risk is associated with it. One has to take risks to make something better. So, if you are planning to start a small venture in Chennai, the best small business ideas are listed below:
1. Social Media Influencer
In this age of technology, social media has become essential to everyone's daily life. Youngsters and teens, mainly young audiences, are constantly engaged in social media. They are influenced by what they see in their feed. Thus, social media influencers are booming every year.
They mainly target young audiences and focus on specific categories, viz. Cooking, lifestyle, fitness, technology, fashion, interior, self-help, mental health, and personality development.
One of their standard features is their city of Operation. Influencers from major cities have more exposure and reach than influencers from other areas. Being in Chennai, you can meet many modeling and PR agencies, which can help you earn some bucks.
2. Candle Making
Candle-making has become a profitable business in Indian households. It is a cost-effective way to generate income. The investment is also less, and the production raw materials are just four items- wax, wick, essential oil, and mold.
Candles with essential oils like lavender, mogra, tea tree, and chamomile are gaining popularity due to their herbal and medical properties. Try your hand in this business, especially in major cities like Chennai, where you can earn more.
3. Babysitting
Due to the fast-paced life in metro cities like Chennai, babysitting centers are soaring. It can be a small business to start with. It requires time and pays well. Babysitting is a common money-making idea and probably always will be because kids will always be around us and need to be taken care of. Thus, it becomes a good choice for small businesses.
4. Chocolate Making
India is one of the largest chocolate consumers in the world. One can easily make up to 25,000 by doing customized chocolate for various ceremonies like parties, weddings, birthdays, invitations, etc. Customization and options are preferred by consumers nowadays.
Also, chocolate statues and fountain businesses are thriving now. Proper planning is essential to starting such enterprises. Involving food items as raw materials to make chocolate is quite costly. One can consider this business idea as well in Chennai.
Also Read 22+ Most Profitable Business in India.
5. Grocery Services
Grocery services have become quite trending after the lockdown period. Big companies like Big-basket and reliance fresh expanded their business by doing grocery delivery at home.
This can be the best small business idea in hectic cities where people need more time due to heavy schedules. Vegetables, fruits, pantry items, and even pre-cut vegetables are in high demand.
Such services are accessible and cost-effective. Business partnerships with high-end supermarkets or small local shops can help you if you are into this small business. A critical factor of timely delivery and customer satisfaction must be ensured in this business.
6. Digital Marketing
Digital marketing is any marketing that uses digital channels to reach prospective customers. This can effectively target the ideal customer group and habits of customers.
Small businesses can consider using digital marketing in e-commerce websites and online services. One should have solid research on this field before starting the venture. You can sell anything from old stuff to eatables using digital marketing techniques. Skills are required in this field.
According to the news published by The Economic Times, India's Digital transformation is expected to create an economic value of $1 trillion by 2025. Chennai and Mumbai are expected to be the largest beneficiaries of growth in India's Data Center market.
7. Old Age Home
Nowadays, old aged or senior citizens require care as per their necessity. Some of them may even be having bed rest or too unwell. Some of the care agencies make up to 1000 Rs per hour.
This can vary from individual to individual. This can also be done part-time, so it is effective for a small business in Chennai. The physical and mental health of old-aged citizens has to be considered, and they must be approached with full attention. This small business can be expanded later as this has become an inevitable job.
8. Confectionery Shop
As there is a massive demand for customization and chocolate/bakery/ dessert items all over the year, this business is never going out of the trend. One should have the required skills to start the venture and should have a mentor to analyze the market demand in confectionery making.
Consider adding wholesale services to local restaurants and delis and delivery and catering services to regional offices to enhance the profit margin. Location and business plans are essential to consider while pursuing this business.
9. Home Delivery Service
Home delivery started its peak performance during covid times when contactless delivery was more important than anything. It can include anything from food delivery to logistics work.
Many companies are hiring individuals and curious minds to join. One can even enter part-time, starting at a door-to-door level. Further expansion of business is profitable after finding the right Audience. The process can initially seem daunting but can benefit after much market research.
10. Interior Decoration
Metro cities are best for small businesses. Interior planning, painting, furniture, and decor items have gained popularity in the past five years. Theme-based interior decoration has gained more momentum than before.
One should have an aesthetic sense to meet and match the consumer's aspirations. Furniture and lampshade designers are also associated with this. Customized decor items can be made and sold to the consumer directly. This can also be considered cost-effective and profitable. It would be nice if interior designers and graduates relating to the field took a chance on it.
11. Intimate Wedding Planners
A micro wedding is a stripped-down version of a traditional wedding with 30 or fewer guests. Micro weddings typically last two to three hours, which is long enough to have your ceremony followed by drinks and small starters.
Nowadays, people are moving away from grand weddings and opting for more straightforward wedding procedures, inviting only close ones. Theme and decoration have to be considered while starting this business. This can be a great small business idea in progressive areas like Chennai.
Also Read 23+ Business Ideas in Tamil Nadu.
12. Wedding Photography
Those with relevant photography and video editing skills can start wedding photography as an effective small business. Nowadays, intimate weddings and capturing minute details in weddings have become trending.
The wedding photography business is profitable and an opportunity to brush up on your skills and highlight your creativity. Thus, you must develop your unique style and skill set to handle the field. Photographers can earn up to a good mark according to their experience level.
13. Catering
A wide range of social and business events allows caterers to cook tasty dishes. There is a great demand for various cuisines ranging from traditional to international, especially desserts and confectionery. Equipment inventory and skill sets are necessary. This can range from arranging small catering services for weddings to small birthday parties.
Traditional cuisines are always in vogue, considering the easy availability of weddings all over the year. You can either start onsite or onsite catering as a profitable small business.
14. Terracotta Products Seller
Traditional handicrafts and businesses are consistently profitable. They require partnerships with artisans and craftsmen. If you have an effective collaboration with artisans, this business of selling terracotta products can be beneficial.
Everything from Jewlery to home decor products is trending. Moreover, this kind of business is eco-friendly and sustainable. This comes with additional perks like creativity, fun, and respect for the environment around us.
15. Vlogging
As social media is thriving this decade, Vlogging creates a personal connection with customers. For small businesses, start-ups, and those generating income from a passion (art, writing, design, existing blogs/websites), vlogging provides a human face to your company.
One should have adequate knowledge of video editing and the aesthetic skills required for vlog creation. This industry has been recognized worldwide and can be profitable in Chennai.
16. Medical Care
Medical care at our doorsteps is essential as everyone is busy hustling. One might not be able to access medical care at the hospital. So, starting medical care facilities like yoga, instructors, and at-home consultant physicians are in vogue.
The Healthcare industry remains one of the most significant opportunities for entrepreneurs and investors. Innovative start-ups are utilizing new technologies to offer solutions. Old age and infants do require medical care at the doorstep facility. This small business can even be expanded to rural areas as well.
17. Cake Baking
Just like the confectionery business, cakes are necessary during every event. Floral cakes, cartoon cakes, and customized options are trending nowadays. This business is a better way to earn money and can be started quickly both in the village and the city.
Interestingly, women too can start this business at home. Urban areas have different requirements compared to regular cakes made in bakeries. So, one can open a specific cake to gain small profitable offers.
Also Read How to Start a Bakery Business from Home.
18. Event Planners
Event planning is managing a project such as a meeting, convention, tradeshow, ceremony, team-building activity, party, or ritual. Events are endless in urban areas ranging from parties to birthdays. One can quickly get offers if customers endorse the skill set of the planners.
Planning events for other people can be a lucrative career path, even if you have yet to gain experience. If interested, one can try their hand in this field as a small business.
19. Personal Stylist
Nowadays, people are conscious of their looks and styling. Various occasions require various requirements, and one must be styled accordingly. Like many professionals in this field, one can try this as their small business.
Personal styling has been in vogue ever since, and the demand for unique styling has increased. You can try on clothes in the comfort of your own home, and by entrusting your wardrobe to an experienced personal stylist, you'll get fresh looks that match (and improve) your unique style.
20. Pet Grooming
This has become a vast industry. People have started to consider giving much more care to their pets by giving them comfort spas and wash. Grooming, which includes cutting fur, bathing, hotel, and even coloring their hair, has become a trend. This industry has a significant influence from western media and is indeed profitable in our country.
21. Banking Services
The five essential banking services are checking and savings accounts, loan and mortgage services, wealth management, Credit and Debit Cards, and Overdraft services. If you graduate from this sector, some help can be provided in this field. It can be a necessary or profitable small business with financial background.
22. Laundry Care Service
The laundry business is one of the most straightforward things you can do. It is easy to start a laundry business. It's all about being in a strategic location, having all machines working, and excellent and friendly staff satisfying the requirements of consumers.
Ironing and washing their clothes can become a small business venture as people are busy. Processes like dry cleaning and silk handling have become necessary for everyone's wardrobe. So, this business will be easy and profitable for even beginners.
23. Internet Cafe
Cyber cafes are also a fast-paying type of business. Internet facilities are necessary, and cafes are always profitable during the year. Consumers also require facilities and other inventories along with a cafe. This can be profitable even if started on a small scale. One needs prior knowledge to create such an easy way of money-making.
24. E-commerce Marketing
E-commerce defines as purchasing and selling services through the internet. It includes buying clothes and products and selling created material online through trustable websites.
If you plan to market products through this, digital marketing is your absolute place. The last decade has witnessed an explosion of eCommerce websites, with many small businesses developing their online stores.
Many stores and brands get promotions of their products through e-commerce marketing. This area should be considered manageable and has great relevance in the future.
25. Cleaning Service
In urban areas, even cleaning facilities have a huge demand. Bug companies usually take cleaners on a contract basis. Try your hand in this field to make small profits daily.
26. App Development
As online Marketing and services have become relevant, application development has become relevant. Many big brands have started this trend; now, even local shops rely on this trading method. This can be the best option for small businesses.
27. Accounting Services
An accountant can assist a business owner by managing the entire financial system of a small business. Every company has its accountants. Even personal accountants are required for data handling. So, this field never goes out of profit.
28. Printing/Graphic Design
UI/UX fields are booming as graduates are high in this field doing freelance work for companies. Graphic design contracts usually pay more than any other freelance career. Printing and photoshop facilities are even employed by small businesses nowadays.
29. Car Wash Service
Car washing facilities are required nowadays to maintain automobiles. Several showrooms and private facilities are available in this field. You can start an effective small business in this field.
30. Yoga and Aerobics
Personal health is something that modern people go crazy about. As the health industry and brands promote a healthy lifestyle, yoga and aerobics instructors earn well nowadays. Indian healthy lifestyle in yoga and rumba dance classes can be a great small business.
31. Travel and Tour Agency
Chennai is famous for travel and tourism. The city also hosts many tourist destinations. It would help if you found your niche, and choosing partners is essential in this field. As tourism never dies, small businesses in this field can be considered.
32. Fast Food Service
Healthy fast-food chains are popular. Health is being promoted nowadays. Various items like smoothie bowls and salads are customized according to consumers' aims. Food chains are making a profit from this. This is an excellent option for small businesses.
33. Hair Salon
Hair salons and barbershops are always considered profitable. If done professionally, business chains can be established using this venture. Many small businesses have grown into large ones, and we'll know salon brands over the years.
Also Read 70+ Small Scale Business Ideas.
34. Disposable Plates
As consumers have become more educated about sustainability and eco-friendly products, disposable plates are very effective as a small-scale business. One can quickly start such a business with proper guidance and industry connection. Moreover, the ecological consideration is remarkable.
35. Bookstall
Book stalls are standard and profitable if you have enough access to magazines, journals, and books. They can be categorized and made into kiosks or libraries as small businesses. It is profitable as a reading habit is given importance nowadays.
36. Poultry Farm
Chennai also has many poultry farms deemed quite profitable, especially in rural areas. But more than broiler poultry farming, the poultry farming business in a safe way is more beneficial. Also, there is high demand for farm eggs and chicken especially.
37. Online Instructors
Health instructors and personal trainers are gaining popularity. They help people to achieve their goals, especially fitness requirements. Their program is quite adequate, cheap as well as customizable.
38. Home Salon Service
Like at-home medical services, at-home salon facilities are being investigated by huge brands like loreal. Inspired by this idea, small businesses can be implemented by providing manicures, pedicures, and facials at home.
39. Tutor Services
Tutorial services can be provided online and offline for academic and entrance-oriented programs. Medical and engineering colleges require a good entrance result mark, and tutorial services can be effective if you try your hand at this teaching field.
Also Read How to Start an Online Tuition at Home.
40. Logistics
Transportation and logistics are critical aspects of development for any country. They are profitable and even necessary for personal purposes. This Business always stays in style. Several small businesses are thriving in this field.
41. Thrift Store
Sustainability and clothing have gained relevance. Many people have started upcycling and reusing old clothes or unused ones sold at a lower price. Fashion-oriented business such as thrift stores is both sustainable and profitable.
42. Fishery Business or Cold Storage
This business style is profitable and successfully implemented in foreign and developed countries. Fresh foods and fish are necessary for urban and rural areas. This is a profitable venture.
43. Food Truck
The food truck is being popularized by youngsters nowadays. Many amalgamations of cuisines are being explored in this method. This can become a super hit if proper marketing is given.
44. Cafe
Cafes and coffee shops mainly target young audiences and focus on Western cuisine. They also act as a usual place to hangouts and have dates. Small businesses which can establish interesting cafes are becoming trendy nowadays.
45. Maid Agency
Just like old age care centers, maids are also required to care for homes and offices. The field is booming and best for small businesses.
It is optional to have an excellent experience using this Platform. It is specifically designed for everyone who wants to reach out to your products, partnering with trusted brands.
46. Disc Jockey
There is no lack of parties; parties are only complete with disc jockeys or DJs. Chennai being a metro city, regularly has pubs and parties. So someone with DJ skills can start small ventures in this field.
47. Travel Guide
The travel industry has been reclaimed after the covid crisis. Many tourist destinations are being opened, and travel guides are required. It is a unique business option that also rejoices you, for it includes a lot of traveling.
48. Mobile Shop
Other than the respective brands for Mobile repairing, professional fixing agents can explore small businesses in this field. This is a profitable field. This business will always get a Thumbs up as people search for new mobiles with unique features.
49. Soap and Toiletries Production
Handmade soaps and Toiletries using natural agents are in high demand. Trending soap items like charcoal soaps and face washes are always suitable for small-scale cottage soap production.
50. Pickle Business
A variety of pickles and traditional dishes are going trending these days. Home delivery and customization are also available in this small business idea. This ideal is ideal for homemakers who have never stepped out of the house but want to start their own business.
Conclusion:
To conclude, business opportunities are endless. There are risks associated with every move an entrepreneur takes. One must be careful enough to withstand the ups and downs associated with the venture.
There are many sources from which you can gain business help. Many startups and young e-commerce websites are there to assist if you're new to this. The best site would be Fynd. Fynd Platform is an e-commerce platform trusted by thousands of businesses.
You will get all the tools to sell and manage your products at the convenience of your home. You can also create your website or sell the products on popular online sites. This site is reliable and can be cost-effective compared to brands like Dukaan and Shopify.
It is optional to have an excellent experience using this Platform. It is specifically designed for everyone who wants to reach out to your products, partnering with trusted brands.