The economy of Assam continues to be predominantly agrarian. Assam’s biggest contribution to the world is its tea. Assam produces some of the finest and most expensive teas in the world. The state produces 15 percent of the tea produced in the world. The secondary sector of the economy comprises of the industries in Assam with large and medium scale productions. Some of the other industries of the state are Fisheries, Sericulture, Forest and wood industry, Chemicals and fertilizers industry, Handloom and textile industry.
Assam is a major producer of crude oil and natural gas in India. The agriculture-based socio-economic scenario has created opportunities for small business ideas in Assam.
Here in this article, we have compiled 10 most profitable low-cost small business ideas in Assam for your ready reference.
Top 10 Small Business Ideas In Assam
#1. Auto Body Store
The industry sector in Assam is developing. The transportation facility is also growing. You can start a small scale auto-body store business in Assam with allied services. Auto-body store business is providing services of auto-body repairing and new bodybuilding as well as selling spare parts and accessories related to the vehicle body. As the numbers of the vehicle are growing, the business opportunity of auto-body store is also increasing globally. Read More…
#2. Candle Making
Candle making business can be initiated with a small start budget and home-based basis. People purchase candle not only for religious purpose but also to scent and decorate their home and business places. The popularity and consumer demand for scented and decorative candles create a tremendous business opportunity for innovative startup entrepreneurs. A small scale candle making business can be a great way for entrepreneurs for extra money or even a full-time income. Read More…
#3. Coffee Shop
In the urban and city areas, the coffee shop is one of the most profitable business ideas in Assam. Over the past decade, the coffee shop industry is increasing rapidly. An entrepreneur passionate and talented about coffee can initiate a coffee shop business with substantial capital investment. Coffee shop actually treated as a third place outside of work and home to relax. Coffee shop business is one of the best ways to turn your love for coffee into a profit-making business. Read More…
#4. Computer Training Institute
Computer training institute is an ideal business opportunity for aspiring computer-savvy professionals. Running a computer training institute with some other value-added services can be a profitable and self-rewarding business. Read More…
#5. Fish Farming
The state’s department of fisheries in Assam aims to promote and develop economic farming of fish in the state. This wing of the state government wants to promote the idea of commercially producing fish in almost all the water bodies in the state. Initiating a fish farm is one of the most lucrative business ideas in Assam. Fish farming business opportunity demands special knowledge, skills, and day-to-day careful monitoring. Commercial fish farming has proven to be an economically successful business venture throughout the globe. Read More…
#6. Papad Making
Papad making business is very profitable in food industry considering the investment of low start-up capital. Papad is often served as an appetizer; it is consumed in all parts of India. It’s a thin wafer-like product. Variety of pulses and proportion of pulses and spices varies from region to region depending upon preferences of local people whereas certain varieties are popular on a larger scale. Read More…
#7. Pre School
Preschool business in India is now booming trend in education sector because of the increasing demand of quality preschool. Today’s parents are educated enough to understand the importance of education in their child’s life. Pre School focuses on providing real-life exposure to children for learning various life-skills. Currently preschool business in India is a worth more than Rs 4000 crore which shows the potential of a preschool business. There are two options available, one is franchise and the other one is setting your own. Read More…
#8. Tea Bag Making
Assam is very famous for its tea. A large quantity of Assam Tea is exported abroad. This business in turn earns a lot of revenue for the state. You can start a tea bag making business here. Tea bag making business requires only two major raw material component – tea and paper bags. A tea bag is a small, porous sealed bag containing tea leaves and it used with hot cup of water to prepare the beverages called tea. An aspiring entrepreneur having adequate knowledge about tea leaves, can start tea bag making business with moderate capital investment.
#9. Tea Processing
Assamese tea is famous world wide for its wonderful flavor and taste. Though Assam generally denotes the distinctive black teas from Assam, the region produces smaller quantities of green and white teas as well with their own distinctive characteristics. You can start a tea processing unit in Assam with substanyial capital investment. This is one of the most legitimate business ideas in Assam.
#10. Vermicompost Organic Fertilizer Production
Vermicompost organic fertilizer production has now become a major component of agri-business models across the country with a very low initial investment. Vermicompost is the product or process of composting utilizing various species of worms to create a mixture of decomposing vegetable or food waste, bedding materials, and vermicast. An aspiring entrepreneur having specific skills in the manufacturing process can initiate a vermicompost organic fertilizer production business. One of the most profitable business ideas in Assam.