Do you want to start a business in Pune? Are you searching for business ideas that thrive well in Pune? If YES, find here 20 most profitable business opportunities in Pune that are worth starting.
It is the second largest city in the Indian state of Maharashtra, after Mumbai. Additionally, it is the ninth most populous city in the country. The PMR (Pune Metropolitan Region) consists the industrial twin Pimpri-Chinchwad as well as the three cantonment towns of Pune, Khadki and Dehu Road.
It is a historical city. And the city is popular as the cultural capital of Maharashtra. Also, it is popular as the “Oxford of the East” due to the presence of several well-known educational institutions. Currently, it is a major emerging educational hub. Nearly half of the total international students in the country study in Pune.
Pune has the eighth largest metropolitan economy and the sixth highest per capita income in the country. The automobile, information technology, education, and transportation are the major growing sectors here. Here in this article, we put 20 chosen business ideas in Pune for the young and aspiring entrepreneurs.
Here is a List of 20 Most Lucrative Business Ideas in Pune
If you want to start a home-based business with almost zero investment in Pune, then answering service is the perfect option for you. Simply, with a cell phone and a computer with internet facility, you can start providing answering service. However, it is a time-consuming business. The business ensures great revenue and profit.
As the Pune is a that has high population density, the billboard business will thrive well here. The city is the headquarters of plenty of manufacturing, IT and eCommerce companies. If you have previous experience in the outdoor advertising industry, then you can consider starting this business here. Read More…
#3. Book Store
Starting a bookstore is another a great retail business you can start in Pune. As the city is an emerging education hub, there are plenty of students who buy books every day. The overall success of the bookstore highly depends on the location and the collection of the books. You must keep the books that have good demand there. If you are tech savvy, creating an online digital book library is worth considering.
#4. Cleaning Service
Generally, cleaning businesses always thrive well in the metropolitan cities. Some of the most profitable opportunities are vehicle cleaning, window cleaning, dry cleaning and waste disposal etc. Initiating this type of service based business requires good skill, knowledge, and expertise. Also, this type of business requires startup investment for procuring equipment, staffing, and promotion.
Are you a computer-savvy individual? Do you enjoy repairing electronic items? If yes, computer or laptop repairing is potentially a high-profit business in the city of Pune.
As the Pune has the high population density, a diagnostic center is a great business to run here. However, you will need to be careful in selecting the location. Ensure that that location has high traffic and at least a five km distance from the other diagnostic centers. Also, you need to craft a business plan including a marketing plan.
Nowadays, the digital printing industry is growing like anything. Also, the industry offers a wide range of niche business opportunities to the aspiring entrepreneurs. Depending on your skill and investment capacity, there is plenty of business that you can explore easily. Basically, the digital printing industry has low barriers to entry.
Basically, dropshipping is a specific type of online selling process without keeping any inventory stock. Hence, you can start the business with a minimum or zero investment. There are several established dropshipping service providing companies are there in the market. And you will need to choose the products that you want to sell in the market.
#9. eBook Business
The demand for eBooks is increasing very fast. And any type of technology-related business will get successful in Pune PMR. If you enjoy writing and creating informative content, you can consider starting this business. Apart from producing and selling your own eBooks, you can help others in creating their eBooks in exchange for money. You can find a number of self-publishing platforms or the eBooks for free.
#10. eCommerce Business
Pune is one of the most emerging cities in technology. You can find plenty of successful eCommerce startups in the city. And definitely, eCommerce is a highly lucrative segment for the aspiring entrepreneurs these days. However, choosing a suitable niche and products for your e-commerce business is highly crucial to get the initial success.
#11. Event Management
As the city has several big educational institutions and big corporate houses, there is always a requirement for good event managers. Nowadays, you can get a technical education in event management also. The event management industry is highly close to the media and entertainment industry. And an individual having good communication skill and rapport building ability can initiate a business in the event planning industry successfully.
#12. Ewaste Recycling
The city lacks the capacity to treat all the sewage it generates. So, there is always a demand for good waste management practice. Hence, the PMR is the perfect location for starting an e-waste recycling business for the new entrepreneurs. Definitely, the business demands upfront startup investment, strategic planning, and proper business modeling.
#13. Internet Cafe
Basically, the internet cafe is one of the most profitable retail businesses for college towns. Hence, Pune is an obvious location for starting this business. Also, you can think about starting the business inside a college campus or university. The business is easy to start. And it allows you to start a retail business with minimum finance investment.
If you are looking for a service-based business that you can start and run from home, then you can consider this opportunity. Along with resume writing, you can also offer other allied services like writing a cover letter, career counseling, and interview guide. This is a self-rewarding business as you help people in developing their career and living.
Actually, the supermarket concept thrives well in the city locations. Actually, in the locations that have a high population density of the people with high purchasing capacity. So, Pune is one of the most perfect locations for opening a supermarket for the local demographics. Apart from opening a big store, you can consider opening a small supermarket that caters to a niche product category.
#16. Tutoring Service
If you want to start a home-based business with minimum or zero investment, then you can consider tutoring. It is also a great part-time or side income opportunity for the jobbers, students, housewives, and moms. Tutoring is a self-rewarding career. With a little bit of creativity, you can think about an innovative business model too.
#17. Tyre Store
The automobile density in Pune is very high. The city is also popular as “Motor City”. Therefore, the demand for different types of auto spare parts, lubricants and tires are also good. Almost every automobile company including Bajaj Auto, Tata Motors, Mahindra & Mahindra, Mercedes Benz, Land Rover, Jaguar, Renault, Volkswagen have set up greenfield facilities near Pune. So, it is one of the best locations for starting a tyre store in the auto retail industry. Read More…
#18. Used Car Dealer
The used car dealership is a profitable business throughout the globe. Apart from starting your own business, you can consider work with reputed brands like “First Choice” or “Maruti rue Value”. However, the business requires adequate experience and knowledge about the automobile industry. Also, the business requires startup investment and business license.
#19. Videography Business
Nowadays, Videography opens enormous business opportunities for both amateurish and professional video producers. And online users are showing more interest in videos than content these days. So, if you have the videography skill and some basic equipment for producing quality videos, then you can consider starting a videography related business in this industry.
Pune is the home to over 800 IT companies of all sizes. Also, the city is popular for the manufacturing and education industry. Hence, here is a natural demand for the rental service of virtual office space. Actually, virtual office space is a business location that only exists on the web. This type of office provides significant financial savings to the entrepreneurs compared to traditional space renting.
We hope the above list of business ideas in Pune will help you in starting your dream venture.