27+ Business Ideas in Ujjain for 2024 (Low Investment)
Ujjain is an ancient city in the central Indian state of Madhya Pradesh, located along the Kshipra River. It's a famous Hindu pilgrimage site noted for the centuries-old Mahakaleshwar Temple, a towering edifice with an intricate roof. Ujjaini, Avanti, Avantika, and Avantikapuri are other names for it. Ujjain houses one of Lord Shiva's 12 Jyotirlingas and one of the Saptapuris. With all of this on its shoulders, it's no surprise that Ujjain hosts the Kumbh Mela every 12 years.
Being called the "Economic and knowledge hub of India", starting a business in Ujjain will be a smart decision. It is the administrative centre of Ujjain district and Ujjain division and the fifth-largest city in Madhya Pradesh by population. Around 600 BCE, it became the political centre of central India. The ancient Avanti kingdom's capital was one of the sixteen mahajanapadas.
It remained a prominent political, commercial, and cultural centre of central India until the early nineteenth century when British rulers sought to build Indore as a rival. Ujjain has been chosen as one of 100 Indian cities to be made smart cities as part of Prime Minister Narendra Modi's signature Smart Cities Mission.
Why Establish a Business in Ujjain?
Living costs in this town aren't necessarily as high as in any other metropolis. Again, though, you'll be able to use some different facilities than you might anticipate:
1. Good weather conditions
2. You will receive information on your target market in all its forms.
3. From the wealthy to the malicious to the centre of splendour.
4. Affordable necessities for business.
5. Individuals of all kinds.
A Business Owner's Story in Ujjain
Rishabh Lawania was 17 when most of us debated which colleges to attend. Despite failing his 12th-grade exams, he built his first firm at 17, inspired by Steve Jobs and Bill Gates. Regardless of these views, Rishabh established Red Carpets Events in 2010.
It is an event management business that helps organize/co-organize 70+ promotional and corporate events across Delhi-NCR and Jaipur. That was a start, which prompted him to launch a tech firm.
After gaining a good understanding of the sector, Rishabh launched JusGetIT 2013, a last-mile logistics firm specializing in grocery delivery. If you recall, hyperlocal was thriving in India then, and many large start-ups like BigBasket, Grofers, and PepperTap were already receiving considerable funding. According to Lawania, JustGetIT had been in business for six to seven months, when it had partnered with 30+ sellers and shops.
By providing offline Kirana stores with tech solutions, the company assisted them in increasing their revenue. Rishabh founded Xeler8 alongside techie Keshu Dubey in the United States in 2015. One of his most successful businesses is Xeler8, which ZDream Ventures acquired for an undisclosed sum.
ZDream Ventures is a Chinese start-up accelerator start-up incubator in Gurugram. Xeler8 was a deal-sourcing and research platform that offered a modernized way of prospecting, tracking and assessing entrepreneurs, with an initial concentration on Indian start-ups.
What Motivates People to Run a Business?
1. Independence:
You are the ruler of yourself. You can't lose your job. In Ujjain there is full independence and that is one of the best characteristics to start a new business.
2. Lifestyle:
Owning a small business benefits your quality of life. People from different religious and cultural origins may coexist in Ujjain thanks to its multicultural ethnicity under the same sky.
3. Opportunities for Learning:
As a business owner, you will be involved in every facet of your enterprise. This situation offers multiple chances to comprehend the various corporate activities fully.
Top Business Ventures in Ujjain
Though it may seem challenging to develop a viable company idea, with some planning and thinking, one can establish the best business to increase their income or work for themselves full-time. Ujjain is a land of opportunities where one can do a lot.
If someone wants to start a business, many options are available, including horticulture, tourism, poultry, dairy, agriculture, pharmaceuticals, textile, cotton industry, restaurant, online companies, marbles, handicrafts etc.
Ujjain is also prevalent in agriculture. Crops are widely grown in Ujjain, with the most important crops being Gram, Bajra, Jowar, Groundnut, Barley, Wheat, Paddy, Maize, and Sesame. Let's see some well-liked business concepts in Ujjain.
1. E-commerce
Do you have something unique that you make, collect, or curate? Start an e-commerce store and convert your pastime into a full-time profession. When referring to an activity like conducting business online, it is synonymous with e-Commerce. E-Commerce is a business concept in which commercial transactions occur over digital or electronic networks.
Online website development platforms, mobile app builders, website builder tools, and ecommerce platforms are all examples of e-commerce services. To start an e-commerce business, you will need a lot of things. You must first, the product or services you are going to sell, then you need to set up a website, create an online store, market your business, manage inventory and shipping and provide customer support.
2. Online Business
The word "online business" can apply to purchasing and selling goods and services over the internet and specific companies. When referring to an activity like conducting business online, it is synonymous with e-Commerce.
E-Commerce is a business concept in which commercial transactions occur over digital or electronic networks. Most of the time, this involves using the internet.
If you have writing, coding, website design, development, or logo design skills, you may offer your services online and earn a respectable living. Don't look elsewhere once you've decided to launch your online business.
This is designed with business owners' challenges when setting up their brand stores. Online businesses provide or can generate a successful income.
3. Bakery Shop
One of the most common and profitable businesses is starting a bakery. You can start your business from home instead of looking for a location. You should decide on a menu for your bakery, create a website for your store, and enable those in your area to order food to be delivered or picked up.
You gain the ability to manage how much business you need to run or how many orders you need to handle in a day.
People are constantly searching for a reliable baker who can fulfil their needs for the numerous events and celebrations, and demand is growing. You can also start teaching online courses by creating a home bakery.
This expanding company does not require a lot of capital; it is the best market to enter to launch a business and fully utilize the opportunities available here.
4. Customized Jewellery
People, particularly women, enjoy accessorizing themselves, and because India is a religious, cultural, yet modern country, bespoke jewellery firms in India are bound to thrive. You can purchase a tiny jewellery-making kit and make necklaces, earrings, and bracelets unique to each of your customers.
Creativity and an intelligent marketing strategy are two significant variables influencing your success rate in this industry. The industry is still so profitable that, unlike most, it did not falter during the recession.
With many options for creating a jewellery brand, such as fine jewellery, custom products, and handmade crafts, artisans can better develop a business model that best suits their interests.
However, the jewellery industry is appealing not only for its profit potential but also for a business that allows artisans and designers to pursue their entrepreneurial interests while still being creative.
To start a jewellery design business, you must have prior experience in designing jewellery. This necessitates a creative flair, design knowledge, and a passion for your work. However, starting a jewellery business requires more than just artisanal skills.
5. Fast food Center
Most people seem to believe that operating a restaurant requires hundreds of thousands or millions of dollars in initial capital, but this is not true, especially if you already own a remote location that can be converted into a canteen. You only need to buy the ingredients to prepare your daily recipes.
Menus do not have to be extravagant; you may start with simple meals. Food is a basic human necessity; humans must eat regardless of economic or other circumstances.Operating a fast-food outlet can be pretty lucrative. As more people in India move to cities, prospective restaurant consumers grow. And, with so many different types of Indian fast food available, everyone has a couple of favourites.
From Vada Pav to Kathi Rolls, Indian fast cuisine will satisfy any craving. Global giants such as KFC and Domino's have also dominated the fast food industry. Restaurants frequently offer reasonable prices for this type of meal.
6. Thrift Store
These are the enterprises that will undoubtedly become highly profitable. Many prefer to buy used products since they are more reasonable and fit their budget. Aspiring entrepreneurs in India can offer low prices for second-hand things such as clothes, bags, and accessories. These establishments sell second-hand products such as books, clothes, accessories, and furniture.
Because these are used items, the prices are frequently reasonable. These stores cater primarily to low-income people who cannot afford new products. Furthermore, a used product is still usable for its original purpose, distinguishing it from a product appropriate for the scrap heap.
This type of store sells second-hand items, mainly clothing, many online thrift shops sell Western clothing, such as dresses, jackets, and other items, but there is a market for books, sarees and almost everything.
7. Photography
Starting your photography business is a great way to add a second or main income if you work hard. To be successful and build a sustainable career in this field, you must be able to find a niche, as the photography market is quite competitive.
Like most creative endeavours, you must balance your passion for photography with real business skills to succeed. You make work as a freelancer in this field or sell your photographs online.
To build and grow your business, you need raw talent and a knack for marketing. It would be best if you continually worked to improve your craft, evolve your product, and work consistently on your branding, online marketing and people skills. Without the two, the results will likely become an expensive hobby rather than a viable full-time business.
8. Real Estate Agency
A Real Estate business is a company that deals with buying, selling, managing, or investing in real estate. Operations in the real estate industry have made several people in Ujjain wealthy. Start by serving as a broker for the buying and selling land plots or, for a fee, help clients find suitable housing.
Due to improved connectivity and necessary amenities, the city is experiencing increased home purchases. The benefits and programs of the city and federal governments are helping the Ujjain real estate market expand. If you are familiar with your neighbourhood and have a solid network, starting a city business in Ujjain would be the best choice.
To start a legitimate city consulting business, you can look for office space and apply for a license. However, you can manage the business from your house and list your available properties on different real estate portals.
9. Freelancing
Freelancing is a type of business in which an individual provides client services on a project-by-project basis. The freelancer, also known as a solopreneur, is usually self-employed and can work from anywhere if they can access the necessary tools and technology.
Starting a freelance business requires several steps, including identifying your skills and areas of expertise, defining your services and target market, building a portfolio, setting up a website, and marketing your services.
Today, freelancing is one of the most profitable businesses in Ujjain and throughout the world. This freelancing business includes content writing, blogging, data entry SEO, creating websites for other small businesses and giving technical help for specific projects.
You might find your first freelancing contracts by exploring several freelance websites, but you must have a technical skill set.
Concentrate on your knowledge and skills so clients without experience understand what you will be aiding them. Unlike a few other possibilities, a freelance developer requires training to create a profitable business and begin accepting assignments.
10. Teaching Online
Due to the pandemic, students have grown accustomed to studying online in the last two years. You can begin online tuition if you have an academic side that you want to pursue. The few investments in this business are renting a space or purchasing tables, seats, blackboards, etc.
It might also be a side business for you because students are usually available in the evenings for tuition. Collaborating with other subject matter experts and offering comprehensive classes at your academy is another option.
You can also record your lessons to live sessions. It will enable students to revise an idea at their leisure. They will not be penalized for not attending the classes. Such suggestions demonstrate that you care about the pupils and are invested in their educational journey.
11. Franchise Business
A franchise is a license allowing a franchisee to sell a product or service under the franchisor's business name by granting access to the franchisor's unique business knowledge, procedures, and trademarks.
The franchise owner licences the business' operations and its goods, standing, and knowledge in return for a franchise fee. The company that issues franchisees with licenses is known as the franchisor.
The owner licenses their business's operations, products, branding, and knowledge for a franchise fee. In Ujjain, franchise business ideas are highly profitable. The Franchise rule compels franchisors to provide prospective franchisees with vital operational information.
12. Event Managing Company
An event managing business is a company that specializes in planning, organizing, and executing various types of events, such as conferences, weddings, festivals, concerts, corporate events, and more. The primary goal of an event managing business is to provide a seamless and enjoyable experience for its clients and attendees.
Ujjain's residents can make money from this lucrative business venture. People like to create beautiful moments and want to remember them for their lifetime. If you appreciate people and planning, understand different personalities, and can effectively create a spectacular event, the event planning business idea is for you.
To start an event managing business, you must have strong organizational skills, attention to detail, and the ability to work well under pressure. You must also develop a network of reliable vendors and suppliers to help you deliver high-quality events.
13. Rental Service
If you have a car or an extra room in your house or building, you can make money by renting them out to others. This would result in tremendous profits because you would not have to spend money on business capital. People nowadays choose to rent items rather than buy them. In general, numerous products are available for rent in the rental industry.
As a result, it is critical to choose which product is most suited to launch a firm. Before you begin your rental business, you should conduct some market research. A flat leasing service is profitable for metropolitan and suburban communities. Furthermore, the firm requires a small initial financial investment.
The business is generally profitable in areas where people are looking for somewhere to live or work. The profitability of a rental business will differ significantly depending on the type of business you establish. Understanding the sector is critical for ensuring the success of your rental business.
14. Delivery Service
You could start a courier service to assist you in meeting the needs of the companies. If you're weary of your 9 to 5 job and want the independence of owning your own business without reinventing the wheel, a delivery service business is right for you. You can earn a decent livelihood because the start-up cost for a delivery service business is relatively minimal. There aren't many hassles; it's a terrific way to be your boss.
Nowadays, delivery services have become the most common small business. Food delivery, Online product delivery, grocery food delivery, etc., come under the small business ideas. Food delivery services like Zomato, Swiggy, Uber Eats, etc., are famous. You may be able to collaborate with various brands through this affiliate service business, and you may also build up a strong network of contacts.
In 2020, Indian online food delivery was worth around 2.9 billion U.S. dollars. The showcase declined by 32 per cent due to the widespread COVID-19. In any case, by 2025, it was anticipated to regain traction by 35 per cent to reach about 13 billion dollars 2025
15. Tea shop
Almost everyone starts their day in India with a hot beverage, tea. Furthermore, depending on their mood, many prefer beverages in the evening and sometimes during the day. As a result, an average adult in India consumes roughly 2 cups of tea daily, which may be increased depending on the weather and their mood.
If anyone wants to start a business independently, a tea shop is one of the most straightforward enterprises to create, especially in India.
The one beverage that almost all residents of Ujjain consume daily is tea. A tea business will undoubtedly be profitable no matter where you begin. Additionally, it requires less upfront money. Tea is one of India's most popular and widely consumed hot beverages.
Tea and food lovers will enjoy a hot cup of tea served with spicy and crunchy snacks. To make the most money in Ujjain, consider setting up a tea and snack shop close to workplaces, offices, and a busy marketplace.
16. Consultancy Services
Consulting is described as providing a third party with expertise on a subject in exchange for a fee. As part of the service, consulting services may be provided. The consultant's position requires them to take an unbiased and independent view of a problem. A consultant can hypothetically work in any industry.
However, over the last few generations, the term has included consulting work, focusing on business strategy, management, organization, operating processes, and technology.
They can work in various industries and specialities, focusing on operations, strategy, management, IT, finance, marketing, HR, and supply chain management. It entails giving expert advice to people.
17. Opening a Gym
It may be both exciting and terrifying to start your own business as a gym trainer. Consider working out and earning money while having fun at the gym.
Opening a gym requires proper planning and marketing because the market has a lot of competition. It would be helpful if you researched your competitors and got as much information as possible. The desire among the younger generation to maintain an attractive physique and size and some people's concerns about their health have increased the demand for it.
You should budget around Rs. 30 lacs as your initial investment to open a multipurpose gym. In addition, you have regular monthly expenses of about Rs. 30000. By opening a gym, one can easily earn a lot of profit in his business. After paying all your costs, one can earn about ten lacs annually.
18. Restaurant
The restaurant business involves preparing and serving food and drinks to customers for profit. It can be a highly rewarding and lucrative business for those passionate about food and hospitality.
Starting a restaurant business involves several key steps, including developing a concept and menu, finding a suitable location, obtaining the necessary licenses and permits, hiring staff, and marketing the restaurant to attract customers.
Once the restaurant is open, it's important to focus on providing high-quality food and service, managing costs, maintaining a clean and inviting atmosphere, and adapting to changes in the market and customer preferences.
Some common challenges in the restaurant industry include competition, staffing issues, fluctuating food costs, and changing consumer trends. Successful restaurant owners must be able to adapt to these challenges and continuously innovate and improve their offerings to stay ahead of the competition.
The restaurant business can be rewarding and profitable for those willing to put in the hard work and dedication required to succeed.
19. Opening a Laundry
Laundromats may be highly successful, recession-resistant, and adaptable, making them appealing to entrepreneurs. However, like any other business investment, prospective investors should carefully examine the hazards of operating a laundromat before jumping in. Laundromats are often thought to be recession-proof, with few barriers to entry.
On the other hand, understanding starting and operations costs and the responsibilities placed on owners to offer customer service, maintenance, and other services is crucial. Washing clothes takes a lot of time.
It doesn't matter if you're a student living in a dorm, a non-Ujjain working in the valley, someone with a demanding job, or someone who used to work outside and outsource laundry but now works from home.
Because laundry detergent and soap are common household goods, they can be beneficial.
It is a great business idea for those familiar with employing unusual ingredients to create laundry nutritional supplements using the penny method.
20. Textiles
In India, the textile industry has traditionally been the sole source of substantial employment for skilled and unskilled labour. Ujjain is the largest producer of cotton. Ujjain has a good infrastructure that would help the textile industry flourish.
It accounts for around 80 million kg of cotton production or 65% of total cotton production in the country.
The state's textile sector is strategically important because it is the most significant employment and accounts for around 55% of India's total exports. Ujjain has excellent chances of establishing a textile business.
The trendy yet reasonably priced apparel sold at Madhya Pradesh's numerous well-known textile and clothing markets is famous.
You can specialize in a specific area of the textile sector, such as jeans, t-shirts, shirts, traditional clothing, and so on. T-shirt printing, personalized shirt creation, sewing, and other services are profitable for your small business.
India's domestic clothing and textile sector generate 10% of the country's GDP and 16% of industrial production in value terms. In 2020-21, textiles, clothing, and handicrafts accounted for 25.04% of India's total exports. India accounts for 10% of the global textile and clothing trade.
21. Tourism
Ujjain is a vital spiritual, intellectual, and creative center and a destination for millions of Hindu pilgrims. Aside from the typical tourists, the city sees an influx of disciples once every 12 years for the Kumbha Mela.
Ujjain, which is around 56 kilometres from Indore and was once essential for cotton production, has seen a considerable decline in other sectors of the economy. All the cotton mills at the time were closed, leaving the cotton labour with few options.
The city's economy is based on spiritual tourism, home-based services, and small-scale businesses such as power and hand looms and packing.Ujjain has many well-known tourist sites, religious sites, and historical landmarks that domestic and international tourists enjoy visiting. With many tourists visiting annually, the tourism industry is one of the best business ideas in Ujjain.
You can start your own travel company or work as a tour guide to educate tourists about the customs and history of the area. This business doesn't need a sizable investment to get started. But it's essential to be well-versed in popular tourist destinations.
2019 India's Ardh Kumbh Mela, which kicked off on 15 January, has allegedly progressed to get the Uttar Pradesh government a $150 billion return on investment. That year's celebration has been a boon for neighbourhood dealers as the specialists are anticipating 130 million visitors from inside the nation and outside India.
22. Makeup Artist
Many people prefer to have their makeup done by a professional since they may lack the necessary supplies or abilities. It could be for a particular occasion, a photo or film session, or another function. Being able to create a range of various styles can increase the appeal of your business to more clients.
It is a very well-known and profitable business with the highest net returns. Although stylists took some time to gain acceptance in India, they now have genuine and lucrative careers.
Consider becoming a makeup artist if you have more expertise with makeup and other required skills. Start by doing bridal makeup, photographic makeup, event makeup, runway makeup, and other comparable duties to establish your portfolio.
23. Wedding Consulting Business
Wedding ceremonies cost a lot of money in Ujjain. Someone meticulous and organized may find that starting a wedding consulting business comes naturally. You can either launch an online or physical consultancy. For this, you must establish solid relationships and work to find the best possible match based on each person's desire.
Professional wedding consultants are now more necessary than ever before. Nowadays, people are frequently too preoccupied with balancing their personal and professional demands to take care of a wedding planner for the wedding of their dreams, which has produced a sizable opportunity for a start-up business owner thinking about starting a wedding consulting company.
24. Cab Services
There is a global need for this, and Ujjain is not exempt. Even though UBER launched its smartphone application in India, few people utilize it.
Being a cab driver is a terrific method to augment your income if you have a solid driving record. This company is short on work. Taxi service is one of the best small-scale business ideas for people who want to get their feet wet in entrepreneurship.
If you continue your current path, you can acquire more vehicles and hire more drivers. With the arrival of Uber, Ola, and other taxi-booking apps, the taxi or cab booking industry was drastically altered.
Many aspiring entrepreneurs have sought taxi company concepts and swam into the sea of possibilities since then, obtaining popularity and money. The taxi industry's excitement will undoubtedly linger for a long time. As opportunities grow, the competition heats up. Companies in the cab booking industry compete fiercely.
25. Security Services
In this city, the security-related venture is unquestionably the most popular small business concept to launch with a low initial investment. These services are quite easy and can be available easily. Most organizations like colleges and industries need a security man for proper security functions.
The security sector in Ujjain has a lot of potentials. You could establish a security company, employ and educate young people, and provide businesses and private clients with security services.
As part of their regular duties, security guards frequently patrol properties, monitor surveillance equipment and inspect buildings and equipment to secure areas and people. In this city, the security-related venture is unquestionably the most popular small business concept to launch with a low initial investment.
26. Agriculture Sector
Because a predominant farmland area surrounds the city, the city's small-scale enterprises are primarily bio-based. The two most essential crops farmed here are soybean, the primary Rabi crop, and wheat, the primary Kharif crop.
The city's cultivation is vulnerable to variations in precipitation and the onset of monsoon cycles, which impose a devastating toll on cultivation and the city's economy. Dewas Road and Maksi Road are the city's manufacturing regions.
Different soil types, diverse agro-climatic conditions, adequate technical human resources, well-developed communication facilities, an increasing trend in drip irrigation, greenhouses, excellent chain facilities, and a vibrant farmer organization provide numerous opportunities to grow various horticultural crops in the state.
Oilseeds are a significant crop in the state. The most important oil seed crops are groundnut, sunflower, and soybean. Cotton, sugarcane, turmeric, and vegetables are major cash crops.
Grapes of the highest quality grown in the state are being shipped to other countries. The state has 5 lakh fruit crops such as mango, banana, orange, grape, cashew nut, etc. The city also serves as a distribution hub for cultivation tools, fertilizers, medications and medicines, wood, clothes and textiles.
27. Property Manager
Many people keep properties they don't live in, often in different cities or states. Being a property manager, you can assist a property owner in ensuring that their home is well maintained, handle minor repairs as they arise, and act as a liaison with renters.
Property management is a third-party contractor's daily supervision of residential, commercial, or industrial real estate. Property managers oversee standard repairs and continuing facility maintenance, security, and administration.
Residential, commercial, industrial, and special-purpose properties are all managed by property managers. Property managers are typically in charge of the day-to-day operations of the real estate, from screening tenants to arranging for repairs and maintenance.
Property owners pay property managers a fee or a percentage of the rent earned by the property. The law of property managers is different in different areas.
28. Recycling
Starting a recycling company is another way to contribute to the environment and make money simultaneously. Waste management is crucial, particularly to spruce up a city like heaven. As the population and amount of waste increase, waste management might be wise.
The SMC diligently works in the field to achieve integrated and scientific solid waste management. You can initiate creative ways to manage waste, contribute to society, and earn for yourself.
As the population and amount of waste increase, waste management might be a wise business idea. The SMC diligently works in the field to achieve integrated and scientific solid waste management. You can manage waste, contribute to society, and earn for yourself.
Conclusion
In addition to the above-listed company concepts, numerous other low-cost enterprises could be established in Ujjain. You can decide whether to create a viable business based on your preferences, resources, and location.
You should undertake market and competitor research before beginning any company venture. Your interest in that firm will enable you to persevere and remain strong during a company's challenging times. Further, with your interest, you may align your business with Fynd Platform.
