53 Best Low Investment Business Ideas For Rajkot in 2024
Rajkot is a city known for its heritage and achievements. Famous for its silk work, gold jewelry, and watch parts, Rajkot is a fast-developing city in the nation. It also holds the title of 6 the fastest-growing city in the world as of 2021.
It also holds a position among the top 10 cleanest cities in India. Furthermore, it is the fourth-largest city in Gujarat, too. Having roots in your business in Rajkot can bring you a fortune.
Features Of the City:
- Rajkot is a developed urban settlement mainly relying on the engineering sector, thus helping its industrial growth.
- In the manufacturing sector, many small-scale industries are operating.
- Many clusters have been established in the city related to the industries in such districts.
- Rajkot has some of the most flourishing industries in sectors like submersible pumps, textile printing, software, and casting.
- Also, the gold market is quite prominent here due to the availability of pure, natural gold.
- Around 65,000 plus MSMEs make this city one of India’s major industrial hubs.
- Rajkot is also known for watch manufacturing.
A Successful Small Business Story in Rajkot:
Chandu Bhai Virani was born in 1957 in Jamnagar, Gujarat. He belongs to a simple family with his parents, farmers, and three brothers. Since they were farmers, they moved to Rajkot to start a Fertilizer and Manure manufacturing business.
His father had lost his savings and agricultural land due to short harvests and rain. Thus, his father sold everything he had and had only 20,000 INR left with him. At the tender age of 17, Chandu Bhai Virani was asked by his father to start a fertilizer business in Rajkot, even though it was a colossal failure.
They needed to gain experience or background in business. He began doing multiple companies with no other options, like selling film tickets and cleaning. In 1976, fortunately, he was appointed to a canteen on a contract basis, where his journey to success began.
In 1987, after taking care of canteen services, he invested around 20,000 INR in starting a little food and refreshment business known as Balaji Wafers. They intended to sell potato chips and regional snacks in Gujarat. The company was created as a micro business in Rajkot.
After a series of years, their business flourished, from where they extended their manufacturing hubs to other parts of the state. Starting as a micro-business, it has evolved into a Multi-Million Dollar Company of quality products with an indigenous taste. They began serving wafers sourced from the only supplier in Rajkot and homemade toasted sandwiches by their wives.
Balaji Group's Valsad plant is considered one of Asia's giant potato chip-making units. The entire plant has been sourced from the USA, Australia, Netherlands, Germany, Japan, and China.
Industries In the City:
According to sources, the district has around 43711 industrial units registered by the government.
The main industrial sectors in Rajkot areas are listed below:
- Argo-based
- Soda water
- Silk
- Cotton textile
- Wooden based
- Rubber and plastic
- Chemical-based
- Mineral-based
- Engineering units
- Metal-based
- Auto parts and equipment
- Diesel engines
- Watch part
- Cutting appliances
- Forging
- Casting
- Bearings
- Machine tools
- Ready-made garments
- Metallurgical industries
- Textile printing, etc.
Metal, tobacco, non-ferrous, leather, rubber, automobile parts, chemicals, and paper products are other products churned out by the small-scale industries in Rajkot.
Reason For Investment in Rajkot:
- Has good connectivity between urban areas
- Infrastructure improvement has developed possibilities for real estate brokerage.
- Roads and other transformations are going on in the city's
- SEZ for the automobile sector and industrial clusters for the engineering, ceramics, textiles, and jewelry sectors are planned in Rajkot District.
Continue reading this article if you:
- Want to start a small side business
- Know much more about small business ideas in Rajkot
- Upgrade your skills, etc.
Listing Out the Best Business Ideas for You to Start in Rajkot
Here are the 53 business ideas for Rajkot given below:
1. Freelancer
Freelancing is considered the best small business. If you have relevant skills in any subject, quickly turn it into a freelancing opportunity. A freelance job is one where a person works for themselves rather than for a company. It comes with perks, but it also has pitfalls.
Some people can handle these well, while some cannot. How hard freelancing is for you may depend on your personality, working style, and how well you tolerate uncertainty. Do check out this career opportunity.
2. Cleaning Services
As the COVID-19 situation emerged, sanitization requirements skyrocketed. Many multinational companies have started hiring cleaning services. The cost of a cleaning service for a business depends on several factors.
The size of the office, the number of rooms, and their current condition all play a part in determining the price. Find the cleaning requirements and a hard-working team, and then you are ready.
3. Teach Trading Online
The stock market is easier to understand than you think, and anyone can learn how to trade stocks. Lower costs are attractive, but it's investment quality that makes money. This random element can be profitable for short periods. But you can only partially profit from it over the long term.
Despite all these, trading online and teaching the art of trading have a huge demand worldwide. Making sincere efforts to learn trading can help you further understand the stock market's operations. Developing a page dedicated to teaching trading seems fruitful.
4. Cake Shop
The home baking business in India is considered one of the most profitable and high-earning businesses today. This business is a better way to earn money and can be started quickly both in the village and the city. It was produced in 2020 with the correct showcasing technique and setting reasonable income objectives for your bakery commerce.
You have to arrange and gauge all the money-related viewpoints ahead so that you can benefit from your pastry shop commerce. However, you must deal with customers and know their points of view. So, the cake shop idea is excellent.
5. Chocolatier
Chocolatiers are trained professionals in cake baking, chocolate manufacturing, and culinary arts.
This field is especially for culinary masters out there. Adding a hint of creativity can also help you reach high.
6. Author
Being an author is classic. One with high linguistic skills and a more excellent mind can outshine others in becoming an author. Today an author creates his product or manuscript and later connects and interacts with the public. Try your luck in this field.
7. Janitorial Services
A beginner who starts janitor service might be tempted to hire a team. If you are working alone, doing part-time janitorial or cleaning services at a commercial and residential level will help you immensely.
8. Grocery Services
Grocery services can help you earn a part-time job. They don't require prior work experience and are open to graduates in any field.
This makes grocery services one of the best business ideas in Rajkot.
9. Home Delivery Partner
The primary goal of starting home delivery is to find your niche. After this, you are researching the target audience, and creating a mobile app and delivery partners comes further.
You can quickly start or become a home delivery partner with the above-mentioned simple steps.
10. Personality Development Coach
Who doesn't want an attractive personality? Who doesn't need control over their mind? If you are a master in this trade, check out this personality development field. They guide individuals to understand and groom themselves for their betterment, both mentally and physically.
11. Start a Clinic
Starting a clinic is a viable option for medical graduates in any field. Especially psychology, dermatology, and dentists have gained immense popularity through clinics. Also, take advantage of this golden opportunity if you have relevant skills.
12. Florist
If you have a passion for art, creativity, and floral design, starting a florist shop might be the right small business idea you have been looking for.
A florist shop sells flower arrangements, plants, and even gifts. You can start the venture alongside your home or separately.
13. Teach Music
This is an age-old method of money-making. Teaching musical instruments like piano and guitar is western, whereas teaching violin and harmonium is Indian.
Be it western or Indian, demand is high in this field.
14. Start a Salon
Starting salon services, especially for women, is highly profitable right now. They are the biggest consumers of beauty procedures and products. Also, beginning a unisex store has become trendy too. Women willing to restart their careers can also avail of this as the best opportunity. Approximately 30 percent of magnificence salons are within the organized segment, expected to develop at the following rate of around 20 percent. According to industry gauges, the number of salons in India was 65 lakhs, but 30 percent are registered.
Approximately 30 percent of magnificence salons are within the organized segment, expected to develop at the following rate of around 20 percent. According to industry gauges, the number of salons in India was 65 lakhs, but 30 percent are registered.
The Rs 20,000 crore salon industry has about 65 lakh excellence parlors and hair stylist shops. And rather like other administration segments such as retail and eateries, the salon fragment has been hit difficult due to closure as they are considered non-essential in a few states.
15. Fitness Instructor
Virtual training can be more cost-effective than signing up with a coach in person and gives you access to top-tier trainers, like Chloe ting on YouTube.
Personal assistance online is preferred. Also, enticing clients internationally is legit.
16. Marriage Broker
The work of a marriage broker is comprehensive. They must be involved from the moment a customer has been appointed to them until there is an exchange.
You can start a local Matrimony business even at home, and you require Essentials like a computer, a stable internet connection, an office, and a good network.
17. Gadget Repairing
Repairing is always well paying for small businesses. The amount a mobile repair shop makes depends on the quality of the service and its reputation.
According to the web, a gadget repairing shop can easily make over 25000 rupees monthly. Do try this job as a small side business.
18. Fashion Designer
Fashion design is the best opportunity to start your side business. First, you must think like an entrepreneur and set the correct prices.
After this site, you must create or start a small boutique to sell your products. In such an established city like Rajkot, you can easily find your luck in this field.
19. Interior Decorator
Interior decorators and internal decor artists professionals help create a functional room using an aesthetic value, including spaces, walls, floors, and more. Interior designing is a skill, and you can add your creativity and your career to create creative outcomes.
An Interior Decorator helps to enhance the interior of the building or rooms, which meets customers' needs.
20. Blogging
Blogging has been considered a significant small business for many years. Starting a small block can help your business grow, or you can write it on contemporary themes in your blog. It would help if you were well-versed with blogging platforms like WordPress, which can make your investment fruitful.
The main highlight of starting a small blogging business is that it is inexpensive, has a better payoff, and is a better advertising method in postcards, flyers, and magazine advertisements.
21. Vlogging
Video blogging or vlogging has become the most sought-after small business after blogging. Due to the Rapid increase and rise of social media applications like Twitter and YouTube, many people are trying their luck in this field.
If you can present your idea or tell the world about contemporary issues, consider this the best opportunity to start your small business.
22. Be A Career Consultant
Career consultants are the ones who advise about employment option training and how to increase one study regarding working professionals. They have various job duties, including engaging in administration and payment, and they help job seekers find the best careers possible.
Being a career consultant requires many skills, like having good communication skills and interpersonal values.
23. Produce Snacks Locally
Producing snacks can be Rajkot's best small investment idea for 2024. India is a land of cuisine diversity. Many snacks from different parts of the country or various localities in our areas can be collected and distributed locally after giving them the correct price tag.
Many new startups have started such a venture of exporting snacks even internationally. This is a small side business to kick-start your income source.
24. Internet Café
Today the internet is seen as a basic fundamental right of every citizen, and you can only find an area that requires stable internet connectivity. Every service that we get nowadays can be availed through online mode. Many centers and cafes have centers all over the locality as people require internet facilities.
Also, starting an internet café seems more straightforward as it has a small initial investment rate. You can begin an internet café using two to three computer tables and stable computer connectivity; you can even add Xerox services to attract more customers.
25. Influencer
In the age of social media, you can find emerging influencers everywhere in the city. Influencers have a greater demand in major cities like Rajkot, Gandhinagar etcetera. An influencer can influence their audience on social media platforms, especially on Instagram, where teenagers are their primary audience. Being an influencer working with a specific theme can get you more collaborations with brands and help your small side business.
26. Gardening Consultant
The gardening consultant helps with gardening services like planting, mowing the lawn, landscaping, irrigation facilities, etcetera. The major highlight of such a business is that one can handle the prior experience in this field.
All you require is a better aesthetic sense to help meet your customer's requirements.
27. Landscaping Consultant
Landscaping consultants have a vast demand in major cities like Rajkot. It is the best small business to increase your income flow.
Landscaping services are mainly required in company government offices and even private residential areas' employee landscape consultants nowadays.
28. Teach Anchoring
Anchoring requires practice overall. The best anchors we have seen on the screen have been through many auditions and training centers.
They get training from their trainers, and if you are the right person to teach anchoring, try your luck in this field.
29. Public Speaking Classes
Public speaking is an acquired skill. One can be born with general speaking skills; if not, you can develop your public speaking skills with a mentor.
If you are very good at public speaking and teaching public speaking skills, this is the right small business idea for you to start in Rajkot. Starting a small public speaking class locally or online can help you earn a few bucks.
30. Tailoring
Many people assume the tailoring business is a part of fashion design. In reality, it is associated with the fashion tailoring business whose master tailors have made their reputation after years of working.
Starting your tailoring shop by yourself or by hiring a team of Master Tailors seems to be the best idea.
31. Coaching Center
Who does not require a stable government job? All over the country, there is massive competition for government jobs in staff selection, banking services, and Railway jobs. A government exam coaching center is the best idea if you are Toro with a government exam syllabus that includes quantitative aptitude, verbal ability, logical reasoning, and general awareness. It is the best opportunity to show off your teaching skills and earn a decent amount with your passion.
32. Songwriter
As many singers are emerging, there is a massive market for songwriters. Songwriters are the ones who write catchy Phrases and then make them pop them with the help of singers.
Songwriters should have more extraordinary poetic ability and linguistic skills to be up to the mark of what the public enjoys the most. Try your luck in this field by partnering with labels and songwriting industries.
33. Dubbing Artist
If you are one person who is interested in voice-over, dubbing is the best opportunity for you to make an extra source of income.
Start this career by dubbing in local short films, and after you get recognized, you can expand your skill in cinema.
34. Video Editor
Being a video editor is a challenging task. The video editor should be Thorough with video editing software like Adobe Premiere Pro.
Many significant jobs, like in the Film Industry and many YouTubers, hire video editors to edit their videos. This kind of small business is not underrated, and you should take the job seriously if you have the right skills.
35. Security Services
In India, hiring security services and security guards can cost between 15000 and 45000 rupees.
If you take up this job, you won't have to work full-time; that is, you will be full-time on a part-time basis and make such a designer Mount along with your primary career.
Also, offering CCTV services like installing cameras at home and Institutions is the right idea for small businesses in Rajkot.
36. Personal Stylist
In a world where everyone wants to look good and excellent, being a personal stylist can help you gain more attention and fandom. Celebrities usually hire personal stylists.
Being a personal stylist of a star can help you make your career in the cinema industry by increasing your network. Having celebrities as your customer has an aesthetic that they wish for. You can shine in this field if you are a good stylist.
37. Photographers:
Photographers are very much in demand nowadays due to their tight competition. Photographers are always required for staple functions like weddings, graduation housewarmings, weddings, or other events.
Intimate weddings, a trend nowadays, often hire a personal photographer to capture their subtle moments.
38. Wedding Planner
There is no lack of weddings in India. Different parts of India celebrate weddings differently. 'Weddidifferentlytly' massive demand since the last ten years.
Wedding planners plan a marriage according to the bride and groom's wishes. You can become a wedding planner or an event planner if interested.
39. Event Management
The event management business stands out, bringing a variety to this business to help you gain more customers.
Event management sometimes helps in catering services too. This is the best opportunity to start a small side Hustle.
40. Old Age Care
Senior citizens require the best possible care which you can provide. Service centers provide older persons with the services to engage in activities like exercise, recreational activities, spiritual classes, awareness campaigns, and skill activities to increase their motor ability.
Starting and old age care is also profitable if you can hold age a decent amount of money using this.
41. A Volunteer
Volunteers are highly required in non-governmental organizations or NGOs. Some are paid, and others do not.
Starting your volunteer agency can be more profitable than joining a non-governmental Organization as a volunteer. In that light, it is expected that you can take fair advantage of this small business.
42. Social Worker
Social workers have a greater demand since they help society in many ways. They benefit the community, especially in the field of volunteering and cleaning. Even Degree programs are available in the area of social work. That makes you understand the importance of social workers in society.
43. Handmade Soaps
People go crazy over handmade products, especially beauty and cosmetic items. Adding active and herbal ingredients to your handmade product can sell your product like hotcakes.
Starting your website to sell your handmade goods would be the best idea to promote your small side business in Rajkot. Adding Ayurvedic elements and popular choices for active ingredients like charcoal, sandalwood, and floral flavors like jasmine are great.
44. Pet Grooming Service
Pet grooming is a recent industry that has been introduced in India. The field is mainly influenced by Western culture and to give the best possible care for their pets.
A pet groomer should be friendly around dogs, cats, and birds. They offer essential pet grooming services like washing and cutting their hair and are even available.
45. Duty-Free Goods
Duty-free goods mean purchasing products at shops in centers like cruise, ferries, and airports where no tax is levied on them. Tariffs at International borders, customers make purchases at Duty-Free shops.
The main benefit of a Duty-Free shop is that they are allowed to sell their materials exempted from various taxes, which can help promote their goods internationally.
46. Car Washing Agency
Car washing centers in major cities like Rajkot can be profitable.
You can start with a small initial investment and get all-important business licenses and permits after that. Professional car washing agencies earn up to a decent monthly wage.
47. Dress Maintenance
Many rich people consult dress Maintenance Services to maintain acceptable and costly attire.
Their dress materials are mostly made from precious fabrics and trim works, making it necessary to keep them with a professional touch.
If you have experience in dress maintenance service, try your hand at this.
48. Legal Consultant
Legal help and consultancy are required in even small and large companies.
When legal issues and doubts arrive, consultants with a law degree can help such companies, leading to a fruitful profit.
49. Furniture Designer
Furniture designers design furniture and related products for , and domestic clients by adding aesthetic appeal to functionality and innovation.
Sometimes create designs for mass production, and you can try designing furniture for an individual client, which is much more profitable than the way mentioned above.
50. Textile Designer
Textile designers usually work on computers to create two-dimensional designs that you can use primarily in knitwear Designing for textile products.
A bachelor's degree in textile design is a must if you are trying to pursue this as a small business.
51. Teach Baking
If you are a professional culinary artist or a Baker with teaching skills, starting a Baking Academy on a full-time or a part-time basis, which functions on weekends, can help you earn extra money along with your primary career.
52. Metal Works Shop
A metalworking shop is typically equipped with extensive equipment dealing with sheet metal and metal-related objects.
They mainly use metals like copper, zinc, aluminum, and Tin in metalworking shops to create products according to customer needs.
53. Organic Goods
Organic Products have a tremendous market demand nowadays because they have fewer preservatives and pesticides than commercially available products.
Fruits and vegetables are usually included in the list of Organic products. Other forest products and Cottage industry-related items like Honey and pickles would sell well.
Conclusion:
Starting a small business is more like an opportunity. It is an excellent way to enhance your skills and expand your network. Having more than one income source is always secure and safe. One who understands the situation can quickly get the opportunity to make more money.
A keen observation skill and strategy are required for the same. Rajkot is full of business opportunities, and you can start many small businesses there. There are many opportunities to promote your Business online. One such website is the Fynd platform.
Fynd platform is specifically designed for those who need a business background. It helps your products reach the public by partnering with trusted partners like Myntra, Ajio, and Flipkart. We hope you cleared your doubts. If not, further check out the frequently asked questions below.
