Business Ideas In West Bengal [Best Businesses In West Bengal]
Did you know that West Bengal is the sixth-largest state that contributes majorly to the Indian economy? As per the study and statistics were done in 2015-16, the state contributes around 140.56 billion USD to its GDP. West Bengal shares its borders with Jharkhand, Bihar, Assam, Orissa, and Sikkim, making the soil of the state rich in mineral and natural resources.
Also, the state offers excellent connectivity to the rest of India, making it one of the most demanded forms for establishing a successful and profitable business. If you are looking for top business ideas, check this article to get a detailed overview of the business ideas.
Best Business Ideas In West Bengal [2022]
- Bookstore
- Tea and Snacks Stall
- Garment Store
- Freelancing Services
- Food Bar
- Meat Shop
- Juice Corner
- Tutoring Services
- Event Organisers
- Sweet Shop
1. Bookstore
West Bengal state residents are inclined towards reading, arts, and literature. You can spot many book worms and book lovers in this state. If you plan to open a business in West Bengal, you can open a bookstore as it will assure you significant profit margins with limited or fewer risk factors.
How to start this venture: To initiate these business ideas, you will require a busy marketplace, a shop for rent, and an excellent and good collection of books. The estimated budget can be around 2,50,000 INR or above. If your budget is less, you can plan with a mobile book van or bookstall with a limited investment of about 1,00,000 INR.
Also Read: How to start a book house?
2. Tea & Snacks Stall
Irrespective of the state, tea is one of India's most sold and most loved hot beverages. If tea is served hot with spicy and crunchy snacks, then it turns to be a deadly combo for tea lovers and food lovers. You can plan to open a tea and snack stall near colleges, offices, and a busy marketplace for maximum profits in West Bengal.
How to start this venture: You can open this small-scale business idea with an investment of around 30,000 INR or above. Later on, based on demand and popularity, you may require more investment.
Also Read: How to start a tea stall?
3. Garment Store
West Bengal people often hunt for in-trend and uniquely designed clothes within budgets for various cultural and festival occasions. You can plan to open a garment store to provide the latest clothes under budget.
How to start this venture: To open a garment store, you will need a reachable and busy marketplace and a considerable amount of money to invest, which can be around 3,00,000 INR or above.
4. Freelancing Services
Are you good at makeup, writing, salon-related activity, photography, videography, video editing, or web designing? Then you can start freelancing services in West Bengal. It is one of the best business ideas as it does not require considerable investment, and you can deal with this local business idea from home or online.
How to start this venture: Freelancing services requires a great set of skills and consistency in delivering services. Based on your provided services, you will require investment for purchasing tools, and initially, you can start with investing 5,000 INR or more to market your business.
Also Read: A complete guide to freelancing industry
5. Food Bar
West Bengal is a beautiful state well-known for its arts, culture, and appetiing food cuisines, especially sweets – Bengali sweets and lip-smacking spicy and hot fish fries. Sharing boundaries with fertile soil states like Bihar, Assam, Orissa has made West Bengal an appropriate place for agro-climatic conditions for various farming, horticulture, poultry fisheries activities. You can get the quality natural products needed for cuisines at a reasonable rate and establish a smooth-running food bar in West Bengal.
How to start this venture: Initially, you can open a food bar in a rented room or space, and with limited yet mouth-watering and quality food items, the business can become popular within a couple of months. It would help if you have an investment of around 2,50,000 INR or above to start this business in West Bengal.
Also Read: How to start food business online?
6. Meat Shop
Did you know that West Bengal is India's largest fish producer state? Non-veg dishes are loved in West Bengal, and on most festivals or occasions, people cook non-veg dishes. Opening a meat shop will be a profitable local business idea in West Bengal.
How to start this venture: To open a meat shop, you will require a hygienic and spacious space and an investment of around 50,000 INR.
7. Juice Corner
Weather of West Bengal is primarily sunny and hot. To beat the scorching heat, people prefer freshly made fruit juice to pacify their thrust. A juice corner will be one of the profitable business options in West Bengal.
How to start this venture: You can open a juice corner or stall with an investment of 25,000 INR or above. Later on, based on demand and popularity, you may require more investment.
8. Tutoring Services
If you love to teach kids or people or are good at instructing people, tutoring services will be the best business ideas in West Bengal. The best thing about this business idea is you may start online tuition classes, and it will not hurt you much in terms of finances.
How to start this venture: To open a tutoring service, you will need a good contact list of tutors and some good marketing strategies. The estimated investment can be around 10,000 INR or above.
9. Event Organisers
West Bengal is a lively state, and many events and festivities occur around a year. People often hunt for companies to handle their affairs or functions successfully and at a reasonable rate. The event organising business will be a profitable one in West Bengal if you plan well.
How to start this venture: To open an event organising company, you will require a good set of contacts and investment of 2,00,000 INR or above.
Also Read: How to start event planning services?
10. Sweet Shop
West Bengal is known for its Bengali sweet dishes, and due to that, every second person in West Bengal is a sweet tooth. If you have a skilled set of cooks that can cook traditional Bengali and other sweet dishes, you must open a sweet shop in West Bengal.
How to start this venture: To open a sweet shop, you will need a hygienic and spacious space in a busy market, and that may require an investment of around 55,000 or above.
Also Read: How to open a sweet shop?
Final Thoughts
You must have got detailed know-hows on top-10 successful and profitable business ideas for West Bengal. Based on the particulars and figures provided, you can pick out the apt business ideas in West Bengal. Consequently, start your groundwork and footing to stratagem your finances and capital spending rates, settle on the assets and whereabouts, and other related fine points. So, turn up with a clear-cut business proposal, and brace yourself to initiate your small, medium, or large business in West Bengal.
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FAQs on Best Business In West Bengal
Q. Does it require a considerable amount of capital as an investment ad budget to start a business in West Bengal?
Ans. The rate of finances – investment or budget of the business-depends on its nature and size. To establish a business, you must have excellent savings to invest, but some superb business opportunities in West Bengal initially need a limited investment amount.
Q. What is the scope of small business ideas in West Bengal?
Ans. Small business ideas are vast in West-Bengal; West Bengal residents are inclined towards good food, music, books, and clothes. Many cheap and thrift shops are well-known for their cheap and super affordable clothes, accessories, décor items, and more. Many shops and stores are established around small-scale business ideas and are doing pretty well in terms of profit rate and demand. If you are planning for a small business in West Bengal, you are good to go.
Q. How much time does it require to establish a business in West Bengal?
Ans. Business needs patience and perseverance. To be a successful business owner in West Bengal or any part of the country, you must be patient and consistent in your services and ideas. So, do hard work and smart work in a planned way, and indeed your business will reach the most incredible heights within a limited duration.