27 Business Ideas in Sangli-Miraj (100% Profitable)
Sangli-Miraj and Kupwad is a municipal corporation in the Sangli district, Maharashtra. Geographically, Sangli is on the banks of river Krishna, Miraj is a significant healthcare centre and export hub for musical instruments, and Kupwad is a small town. Kupwad MIDC is an industrial area with various spinning mills, chocolate manufacturing, oil manufacturing, etc.
Maharashtra, a developed industrial state, has many business opportunities. You can start a business in Sangli because –
1. It is on the banks of the river Krishna, and it facilitates irrigation and agricultural
2. Sangli is also known as the Turmeric City of Maharashtra
3. The Sangli district has the largest sugar factories
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Entrepreneur Story in Sangli
Shoba Chandra is a store owner who sells stoves and other cooking materials. She bought a stove, and using her shop, she engaged with local women and discussed stoves' benefits. Shoba started selling these cookstoves for extra income. She is proud to own a business selling stoves. "Anyone who is ambitious and works hard can start a business and make it succeed," said Shobha Chandra.
What is a Small Business?
Small businesses can be corporations, partnerships, or solely owned. These small businesses have fewer employees and less revenue. Small businesses are eligible to get government support. Small businesses have fewer legal formalities in comparison to other businesses. Small businesses are a way of self-employment.
Why do People Own a Business?
Small businesses have many advantages to offer. The main reason people start a business is a high income, and that is possible once your business is well settled. These reasons can be your motivation to start a business –
1. No 9 to 5 job – businesses offer flexibility, and you can work any time. You don’t have to work from 9 to 5 or Monday to Saturday.
2. Call the shots – you will create the rules and set the ethics for your business. You don’t need to follow others.
3. Create your environment – by starting your business, you create your working environment and select your employees.
4. Job opportunity – you are no longer seeking jobs when you start your business and create employment opportunities for others.
5. Investing in yourself – by starting a business, you invest in yourself and take the risk.
These reasons are enough for you to establish your business. Other than these, there are many more merits that small businesses have. If you are considering starting your business, you should go ahead.
Ideas to Start Your Business In Sangli
You are considering starting a business in Sangli but don’t know what type of business you should start. The Fynd Platform has bought a few ideas that you can start your business in Sangli -
1. Real Estate Agent
One of the fastest-growing sectors in Maharashtra is real estate agents. Buying and renting a property in the state is enormous. Many people want to buy property in the state due to the connectivity within the state.
Starting a real estate business will be the best option in the state. You should know your nearby areas. You can even start from your home by listing the properties online. Real estate agents play an influential role in finalising properties.
The estate market is versatile, competitive, and highly promising. Understanding consumer behaviour is a must to be successful in the market. Real estate agents work for brokerage firms, facilitating property buying and selling transactions. Always ensure you satisfy your customer, as they will give you referrals.
2. Fast Food Center
Fast food centers are more economical as compared to fancy restaurants and hotels. Fast food centers are lucrative businesses that can return high profits with low investment. Maharashtra has many delightful street foods, and vada pav is one of the most famous.
A fast food center with famous street food dishes never fails to generate profit. It would be best to start your business in a crowded place to attract customers, like neat railway stations, colleges, markets, etc.
The demand for fast food is very high. It is a go-to option for many people. Starting a fast food center is rewarding as it has numerous potential customers. The investment cost is also low; you don’t need to hire a cook as you can cook simple recipes.
3. Grocery Shop
Everyone needs groceries. These shops sell daily-use products. Opening a grocery shop in a residential area will be the best option as it will be convenient for the residents to buy groceries from your store.
Grocery stores are modern businesses that provide groceries within less time. You can even start an online grocery shop and provide door-to-door delivery or sell groceries on Flipkart or any other online platform.
Online grocery shopping will be convenient for customers. The grocery shops have growth potential. You need to take advantage of the opportunities by satisfying your customers.
You can invest in good infrastructure and updated technology in your grocery shop. It is a profitable business depending on the quality of your products.
4. Turmeric Business
India is one of the largest producers of turmeric. The exports have also increased, which leads to more production of turmeric. In India, turmeric is used daily and in almost every recipe. You can produce or sell raw turmeric or turmeric powder.
You can also start a turmeric exporting business. Despite being the largest turner producer, India imports turmeric.
Turmeric is one of the profitable crops, and black turmeric is sold at a high price. The demand for turmeric will not decline. It has many Ayurveda benefits, and it is a demanding crop. You can consider growing or selling turmeric in the market or create your online store of turmeric.
Right after the Covid-19 flare-up, turmeric deals had been persistently expanding in 2020-21. estimates, turmeric generation in 2020-21 is at 2.73 lakh tons with an efficiency of 6654 Kg/ha (2693 Kg/acre). Turmeric is an exceptionally strong spice in India, which produces about the entire world's crop and consumes 80% of it. India is by far the biggest maker and exporter of turmeric globally.
5. Technology Products
Technology has become an avoidable part of our lives. There are so many businesses that you can start on a small scale related to technology. You can sell smartphone accessories, wireless earphones, computer parts and others.
The technology industry is growing daily, and it has a lot of potential and offers many start-up options. If you have thought of starting a business, then the technology industry is the best choice. Many products and services are available in the technology industry that can be sold.
There are several types of businesses relating to technology. Technology plays an important role in the growth and efficiency of your business. Established markets of employee monitoring software and other technologies greatly impact small businesses. Technology businesses are highly profitable. You can even sell your products online.
6. Tailoring Services
Everyone is aware of the fashion industry and its growth. Tailoring services are one of the most profitable businesses in the fashion industry. Anyone can start this business With minimum capital investment and proper planning.
Tailors are in demand when people want to get their outfits stitched or altered. With basic tailoring skills, you can do business at your home. To excel in the field, you need to know about designing and the art of tailoring. Your tailoring skills can fetch you a good amount of money.
Modernization has promoted self-employment; tailoring work can be done by staying at home. Starting a tailoring business will have many benefits:
- It will give you independence.
- It doesn’t need any commercial space.
- It will generate a great profit income with minimum investment and no high technology.
Demand for Tailors, Dressmakers, and Custom Sewers is anticipated to increase, with an expected 14,850 current occupations filled by 2029. This speaks to a yearly increment of 7.91 per cent over the last few years.
7. Beauty Products
The beauty industry is large and diverse, encompassing many products and services, including cosmetics, skincare, hair care, fragrances, personal care products, and more. The business of beauty products is a highly competitive industry, with numerous companies vying for market share and consumer attention.
One of the key drivers of the beauty industry is the ever-evolving consumer demand for new and innovative products that address specific beauty concerns, such as anti-ageing, skin brightening, and hydration. Companies that successfully innovate and create products that resonate with consumers can often capture a significant market share.
In addition to product innovation, successful companies in the beauty industry also prioritize marketing and branding. Effective branding and marketing strategies can help companies establish a strong identity and connect with consumers emotionally.
Distribution is also a critical factor in the success of beauty products. Companies must have a strong distribution network to ensure their products are available to consumers in various retail channels, including department stores, drugstores, speciality beauty stores, and online retailers.
Finally, the beauty industry is highly regulated, and companies must comply with various laws and regulations governing product safety, labelling, and advertising. Successful companies in the beauty industry prioritize compliance with regulations and invest in rigorous testing and quality control to ensure that their products meet or exceed industry standards.
8. Hotels and Restaurants
Sangli has plenty of tourist attractions, making it a suitable place for hospitality. People visiting Sangli stay in hotels. Restaurants are a new trend in starting a business, and it has customers all around. Hotels and restaurants are popular businesses that you can start. The initial investment will be high, but the returns will not disappoint.
You can also provide laundry service, spa treatments, free Wi-Fi and other services that attract customers. Many hospitality sectors are evolving, but the concept of hospitality has not changed. The hospitality industry also includes goods and beverages, travel and tourism.
9. Soft Drinks and Juices
You can start a soft drink and beverages business on a small scale with a minimum amount of investment. With the innovations in the industry, the sales of soft drinks have increased. Marketing strategies play a significant role in the soft drinks business, and it is one of the main reasons for their success. You can start a business as a retailer or a distributor of soft drinks.
Soft drinks and juices serve a large number of customers in India. In recent years this sector has significantly risen, and it has opportunities for starting a new business. The industry provides huge growth potential. The Beverage industry is lucrative as a distributor and manufacturer.
10. Organic Fruits and Vegetables Store
Agriculture is one of the main activities in Maharashtra. As people become more health conscious, they demand organic fruits and vegetables. So growing and selling organic fruits and vegetables will be a profitable business.
The rising demand for organic fruits and vegetables has given many opportunities for start-ups. The turnover for this business is high. Organic farming is one of the most popular forms of agriculture.
Opening an organic fruit and vegetable store is much easier than doing organic farming. Organic farming can be difficult for beginners but it is good for the environment. The organic food store is profitable and has greater opportunities than other businesses.
11. Sugar Businesses
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Some of the largest sugar mills are located in Sangli. The second largest proactivity is the sugar industry. In the last few years, the sugar industry has risen. Sugar is a critical industry. The sugar industry serves the domestic market and is a lucrative and profitable business.
The initial investment is quite high for this business. Substantial planning is required before starting the business. The global consumption of sugar has also increased. Like turmeric, sugar is also an essential food that is consumed by everyone regularly.
Sugar can also be extorted. Sugar is made out of sugarcane, so you can also grow sugarcane. It is used in making many other products also. The sugar business is profitable in the domestic market. The Indian sugar industry is the largest in the world.
12. Chocolate Business
Chocolate is something that everyone loves, and it is one of the best gifting options. The chocolate business is emerging as a new start-up. You can start a chocolate business at your home. To start a chocolate business, you need to arrange for the raw materials required for the chocolate business.
It would be best if you offered varieties of flavours in your chocolate. If you make chocolates for your business, you should give yourself time. It would be best if you targeted your audience to sell your products.
Chocolates have a huge variety like milk chocolates, nut chocolates, dark chocolate, mint chocolate, unsweetened chocolate and a lot more. Not only in Sangli or Maharashtra, but the chocolate business will also yield profits in any part of the world. With classy and eye-catching packaging, you can wrap your chocolates.
13. Spinning Mill Business
The spinning business is related to the textile industry. Spinning mills purchase raw cotton, wool, and silk, making them ready to use. Starting a spinning mill may be lucrative and profitable, but it is not easy.
Before starting a business, you need to make a solid plan and research the market deeply. It also requires quite high investments. Start your business on a small scale and then gradually expand. Many start-ups fail due to poor management and a lack of finance.
Make sure you know about those mistakes. The start-up cost of becoming a spinner is low because it does not need expensive machinery. The spinning business is one of the important businesses related to the textile industry. You can also provide classes soon; they are also profitable.
14. Mobile Repair Shop
Mobile repair shops are crowded with customers as these virtual devices get damaged. Still, many people don’t know how to repair their phones themselves. Rather than in urban areas or towns, you can start your shop in rural areas, giving you high returns. You can also sell mobile accessories. Our country has a large base of mobile phone users.
The investment depends on the size of your business. If you run professionally, your business will succeed. People can’t fix many hardware issues on their own, so they run to a mobile repair shop. This business will demand extensive research and planning before it starts operating.
15. Animal Grooming
Animal grooming services are growing. If you are an animal lover and like to groom, you can start this business. Your income in the business will depend on what grooming services you provide, the location, and the demand of your business.
You can turn your love for animals into an income-generating activity. Multiple lotions are available for pet grooming. Starting an animal-grooming salon or boutique can be expensive. You should use high-quality products. Animal grooming is a high-income business but needs some skills to care for the animals.
Animal grooming services have increased in the last few years. Trained professionals take good care of pets and pamper them well. If you plan to start an animal grooming business, you should have natural love and affection for animals.
Before establishing the business, understand it, how it works, and the capital requirements, and do proper research. Like any other industry or business in India, animal grooming is rarely seen.
16. Manufacturing Services
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There are tons of things that can be manufactured. The manufacturing business uses raw materials, produces products, and then sells them in the market. Plant-based protein is the most profitable manufacturing business.
You can manufacture wood products and ceramic tiles – they are in high demand as they are affordable for frame and jewellery manufacturing and many more things. Different manufacturers manufacture everything that we use. Manufacturing is the basic activity that is needed in every industry.
Make-to-stock, make-to-order, and make-to-assemble are the main manufacturing services. Manufacturing services use raw materials to produce finished goods. Every commodity is manufactured from a needle to an aeroplane. Various manufacturing services can be provided, and the returns are also good.
17. Cotton Production
The cotton industry is a significant contributor to the Indian economy. You can grow cotton or produce other cotton products. Surgical cotton is the most demanding and widely used product that can be produced. Following Gujarat, Maharashtra is the largest cotton-producing state. A total of 42.54 lakh hectares of area is used to grow cotton.
Cotton is produced on a large scale in India. Cotton is used in the textile industry, the latest industry in India. Pima cotton is the finest cotton that can be grown. Producing cotton products can also be profitable. A large number of products are produced using cotton. You can start a business relating to cotton production or grow cotton as a crop.
18. Laundry Service
The laundry business is profitable and flexible. Location will play a significant role in the success of your business. If you start a laundry service in a residential area, your business will attract customers. Students staying away from their houses need laundry services. Laundry service has its pros and cons.
Pros of a laundry business
1. Good return on investment
2. Minimum inventory required
3. It is flexible
4. This business does not depend on seasons
Cons of a laundry business
1. This is a flexible business, but sometimes you have to work odd hours
2. This is a competitive business
3. No high investments
You can start a laundry business as full-time or part-time work. You can take your business to great heights With hard work and proper planning.
19. Construction Company
A construction company is the best business idea in Sangli. Construction companies work on various types of projects. As a growing city, Sangli has a huge potential for businesses. You can consider starting a construction company in Sangli. As the infrastructure is developing, construction companies can be considered.
For a successful construction company, you must build a good and hard-working team and manage and invest in your business. Starting a construction company is expensive but profitable with proper planning and hard work.
Construction companies are mainly started as Limited Liabilities Companies. The start-ups related to the construction industry require initial investments, but it also provides opportunities for businesses starting at a small scale.
20. Furniture Making
The furniture business involves designing, manufacturing, and selling various types of furniture to customers. Furniture can range from small items like chairs and tables to large pieces like sofas, beds, and cabinets. The industry also includes furnishings such as rugs, curtains, and home decor accessories.
To start a furniture business, one would need to have a good understanding of the market and target customers. Researching current trends and preferences can help in designing and manufacturing furniture that is in high demand. It's also important to consider pricing, quality, and delivery options to compete in the market.
One approach to entering the furniture business is to focus on a niche market.
For example, a business might specialize in creating sustainable, eco-friendly furniture or furniture designed for small spaces. This can help differentiate the business from competitors and attract a specific customer base.
Marketing strategies such as advertising social medias and partnerships with interior designers or home decor influencers can also help drive sales. Creating an online presence with an e-commerce store can also expand the reach of the business and make it more accessible to customers.
21. Poultry Farms
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Poultry farming is one of the largest employers in the country. Starting a poultry farm can be a viable investment as the demand for poultry foods is high. You should have all the necessary resources to start a poultry farm.
In the Indian market, poultry farming is the fastest-growing and most profitable business. Without investing much, this business can be immediately lucrative. This industry creates employment opportunities. The demand for poultry products is rising, making the poultry farming business profitable.
Not only in rural but also in urban areas, people are attracted towards poultry farming. The very first step in starting a poultry farm is to get training. It would be best if you chose poultry sectors that are broilers or layers. There are many birds available for the poultry business. You have to decide which bird you will be raising. Poultry farming is a widespread and income-generating activity.
22. Healthcare Services
Providing healthcare services needs a professional qualification. You can start many businesses regarding healthcare, such as pharmacy stores, ambulance services, wellness and fitness centers etc. Remember that you can’t provide healthcare services without qualifications and knowledge.
Healthcare is rising in India so is the demand for healthcare products. You can serve the industry in many ways. You can start producing disposable syringes with a moderate amount of investment by getting the approval of the concerned authorities. You can even sell medicines as a wholesaler. To open a pharmacy store, you need certain certifications.
23. Cold Storage Facility
The cold storage facility is important. It is used to preserve fruits and vegetables by maintaining a low temperature. Cold storage maintains the shelf-life of fruits and vegetables and keeps them fresh.
This business requires a high investment, but it is a one-time investment. You can build cold storage for a single product or multiple products. Multiple cold storages are more profitable. Small farmers cannot maintain or own cold storage.
Due to improper infrastructure, cold storage facilities were neglected in India, but now this is a demanding and essential facility. Cold storage helps maintain the food's quality until they are consumed. Starting a cold storage business is a profitable and demanding business.
24. Accommodation Services
Accommodation facility services are one of the top business ideas to start in Sangli. You can offer various services such as booking and reservation, housekeeping, financial accounting etc. You can work with hotels, resorts, and guest houses to satisfy your customers.
The business is mainly related to providing accommodation facilities. Take your business online and get it registered. Offer the best possible facilities to make your business flourish. Accommodation businesses are more successful in cities that have tourist attractions.
The rising travel demand has led to great potential in accommodation facilities. You can build your property or rent a property to provide accommodation facilities. Marketing makes a huge impact on your business. So make sure to have a strong marketing plan.
25. Recruitment Firm
You can start a recruitment business as a partnership or sole proprietor, but starting a recruitment firm as an LLP or a private Ltd. company is best. The main purpose of recruitment firms is to employ people. Recruitment seeks people and hires them for various job positions. If done professionally, it will yield high profits. Recruitment firms find suitable employees for employers.
By starting a recruitment firm, you can earn more money, look forward to Mondays, and work in the best way for you. Recruitment firms are broad by nature. To start your recruitment agency –
1. Select your niche and research the job market
2. Build a business plan and decide what services you will offer
3. Select a location for your business
4. Make your business legal and market your firm
Recruitment firms work as a link between the employer and employees. And it plays an important role in job seekers.
26. Ice Cream Parlour
The ice cream business can fetch you a decent amount of income. Ice creams are loved by everyone in every season. To start an ice cream business, you need to –
1. Do the proper market research
2. Select the location
3. Decide what products you will sell
You can even open a franchise ice cream parlour. Opening an ice cream parlour is an ideal start-up venture. Although the demand for ice cream has risen in summer in recent years, ice cream is also consumed in the winter season.
The ice cream business is labour-intensive, so starting a business will not be easy. It will need a lot of hard work and initial investment. It can be a perfect opportunity if you have all the available resources.
27. Textile business
The textile industry is one of the largest and the significant contributors to the Indian economy. Starting a business in the textile industry has a huge scope and growth opportunities. Domestically the demand for the textile business is rising. You can start a retail store, print t-shirts and sell fabrics or garments.
Many more options can be explored in the textile industry. After China, India has the largest textile industry. You can become a wholesaler, manufacturer, merchandiser, fashion developer, explorer, etc. The scope of the textile industry is high, and this industry is the most profitable.
India is the largest exporter of textiles, making the textile businesses more lucrative and attractive. Jute and cotton are the major fabrics that are exported. With various business opportunities in the textile industry, you must choose whether to work as a retailer or a manufacturer.
Conclusion
Maharashtra is one of the largest states with many big industries. The state employs many people. It is one of the largest contributors to the Indian economy. Maharashtra has massive opportunities for employment and start-ups.
Sangli is the fourth-largest urban agglomeration in Maharashtra. Many industries and businesses have flourished in Sangli.
The Fynd platform has provided some of the best business ideas that will be a successful start-ups in Sangli-Miraj and Kupwad. You can choose a business idea according to your budget and interest.
