From Adani and Reliance to Amul, Gujarat has silently been a conveyor belt of successful businesses. And Ahmedabad: the largest and the most populous city of Gujarat, has now become the new business hub in the state. It has gained prominence as an economic hub, with giants from numerous industries situating their centers there.
But do you know it has also become an excellent location for starting small and medium-sized businesses? So in case you are looking for business opportunities in Ahmedabad, you would naturally have many options in front of you. But zeroing in on any one idea can still be daunting because each business involves risk.
Business Opportunities In Ahmedabad
This list contains a variety of businesses that require different types of investments to determine the one suitable for you.
- Dairy Business
- Property Dealing Business
- Garment Wholesale
- Vaseline Manufacturing
- Internet Marketing Agency
- Medicine Supplier
- Home Cleaning Service
- Event Planner
- Art and Craft
- Food Business
1. Dairy Business
| Investment | ₹10,00,00 to ₹15,00,00 |
| ROI | 8 to 10 months |
| Profit | ₹80,000 to ₹1,00,000 |
Gujarat is the third-largest milk producer in India; hence it will serve you well to invest in an already growing market. Government policies support the dairy shops, and are even more relaxed towards cooperatives and small-sized businesses.
Before you begin, conduct consumer-demand research to see what kind of cattle you need to buy. Rich families in Ahmedabad prefer low-fat milk, and choosing cow as your cattle is a good option if you’re targeting the upper class.
You’d also need to make a proper setup to feed cattle, extract milk and create milk products. Attractive packaging and marketing is also something you would have to invest well in.
Scope of this Business
In large cities like Ahmedabad, there’s a growing demand for organic dairy products. People can pay more for good quality milk. This means that even though you will face competition but with a little creativity, your business can grow by leaps and bounds in a short time. Remember, it’s all about what you are offering and how.
Reasons to start this business
- Dairy business opens the option to sell a variety of expensive products like cheese, butter, milk, and ghee.
- Government is supportive of the industry, which means you won’t have to deal with towering regulations.
- High profits and demand if the product is organic and well-marketed.
2. Property Dealing Business
| Investment | ₹60,000 to ₹80,000 |
| ROI | 5 to 7 months |
| Profit | ₹30,000 to ₹50,000 |
There has been a steady population growth at around 2.4% every year in Ahmedabad. More and more people from nearby villages, cities, and other states are migrating to the city. With such a population, influx comes an increased need for residential and commercial spaces.
This is why, starting a property dealing company will offer you a good opportunity and its a sure-shot way to get ahead in Ahmedabad’s business world. This business doesn’t have to be limited to just sale and purchase of properties. You can even tap into renting – something the young population of the city is fond of. Plus, commercial properties are usually rented at high prices, which mean your commissions would also be very decent.
Scope of this Business
Real estate has become a buyer’s market in Ahmedabad as people are trying to invest in safe assets. And even if sales go down, renting is always popular for both short-term and permanent residents. This business is not the one to shut down as the city is continuously growing.
Reasons to Start this Business
- You require little investment.
- Just efforts and connections usually suffice.
- Ahmedabad is an expensive and popular real-estate hub, so you’ll earn good commission.
- You don’t need a lot of degrees to excel at this business.
3. Garment Wholesale
| Investment | ₹1,00,000 to ₹2,00,000 |
| ROI | 12 to 14 months |
| Profit | ₹80,000 to ₹1,00,000 |
Gujarat is a fertile land that grows an abundance of cotton and other raw materials used in the garment manufacturing industry. With more production comes lower cost, which means you can find the cheapest raw materials in Ahmedabad and start your garment wholesale.
The business is pretty safe to open as good quality garments hardly go unsold. The business is based on effort and creativity. You can even earn 10 times your production cost if you find ways to export your garments to other states. But don’t neglect the local market either, because people migrating from other metros might love your products too.
Before starting out, search for current trends in traditional clothing like salwar suits, kurtis, blouses, and shirts. All these products have a high demand and don’t take much to produce. You don’t have to worry much about space either. Depending on the scale you’re going for, choose a cheap place to host the machinery and employees.
Scope of this Business
Recent trends show Ahmedabad is witnessing an increase in textile demand from countries like Australia, the USA, New Zealand, and Europe. The scope of garment manufacturing businesses in Ahmedabad is immense, especially looking at the export-demand. Manufacturers have already exhausted unsold inventories, and the demand for new products is at an all-time high since the pandemic.
Reasons to Start the Business
- You can start with little space and investment.
- There’s a booming market in Ahmedabad and even outside the state.
- You will get cheap raw materials in Gujarat.
4. Vaseline Manufacturing
| Investment | ₹50,000 to ₹70,000 |
| ROI | 4 to 6 months |
| Profit | ₹20,000 to ₹25,000 |
Gujarat has as many as 42 ports and is one of India’s major manufacturers of petroleum products. So why not utilize this specialty of Gujarat as a business opportunity? Creating something as unfussy as a vaseline manufacturing unit can help you earn good profits in the city.
Vaseline is a petroleum jelly that prevents the skin from getting dry in the colder months. The northern states of Delhi, UP, Uttarakhand, Himachal, Punjab, and Kashmir have a huge demand for vaseline jelly in winters. Although it’s a seasonal product, the production and manufacturing go on throughout the year to meet cosmetic demands.
You can start this business with pretty small capital as the manufacturing unit doesn’t require much space. You’d need some chemicals for production and some inexpensive equipment only.
Scope of this Business
The product is only created around ports. Since you live in the city of ports, you’ll get petroleum products cheaper. You’d also be able to find an inexpensive workforce for this business opportunity in Ahmedabad.
Since vaseline is an inexpensive yet high-in-demand product, there’s little to no risk that it won’t sell. So the potential for business growth will always be significant for you.
Reasons to Start the Business
- Easy to procure cheap raw material in Ahmedabad
- Doesn’t require huge Investment
- Has a guaranteed demand regardless of market conditions
5. Internet Marketing Agency
| Investment | ₹10,000 to ₹15,000 |
| ROI | 10 to 12 months |
| Profit | ₹20,000 to ₹30,000 |
The rise of Jio has seen a metronomic growth in Internet users since 2016 in India. As a result, many companies are investing in increasing their online presence which can prove to be a good business opportunity in Ahmedabad. Tapping into the local businesses of Ahmedabad and making them understand the value of a strong online presence could play hugely in your favor.
This business can include something as simple as getting a business listed on Just Dial to social media marketing campaign and creating a website. You would require sufficient knowledge of digital marketing or can employ different individuals like web designers, content writers, marketers, etc.
Scope of the Business
Owners of most of the older shops and companies in Ahmedabad do not know anything about creating a website and still run on brick and mortar concept. They’d need an internet marketing agency’s help when entering the field, and this is what you have to capitalize on.
Since there’s no possibility of the online world slowing down, you will undoubtedly grow quickly as a local internet marketing agency in the city.
Reasons to Start the Business
- High demand to gain internet presence among small and old brands in Ahmedabad
- Immensely profitable venture
6. Medicine Supplier
| Investment | ₹1,00,000 to ₹3,00,000 |
| ROI | 5 to 6 months |
| Profit | ₹80,000 to ₹1,00,000 |
Pharmaceutical is one of the most profitable businesses opportunity in Ahmedabad and all over India with a growth of more than 55 billion in 2020. The business was even pandemic-proof and provided a lot of security.
India is one of the leading nations that develop vaccines and generic medicines. Although Gujarat hasn’t capitalized on this yet, the state government is now actively supporting small pharmaceutical businesses. If you are a medicine supplier in Ahmedabad, you can expect quick success.
With the pandemic still not over and demands continually rising, this is a good time to open a medicine supply business in Ahmedabad.If you have a good sum for Investment, welcome this opportunity with open arms.
Scope of the Business
With the demand for medicines expected to grow continually, you can setup a medical supplying business and expect booming revenues. The investment here is small, but the ROI is something unbeatable and free of market discrepancies.
Reasons to Start the Business
- Guaranteed success
- High-demand of products
- Government initiatives to support small pharmaceutical businesses in Ahmedabad
7. Home Cleaning Service
| Investment | ₹80,000 to ₹1,00,000 |
| ROI | 1 to 2 years |
| Profit | ₹25,000 to ₹30,000 |
If you are looking to start a small, low investment business, a home cleaning business is something you should explore. With people living in lavish houses, carpeted apartments, and bungalows in Ahmedabad, this business can soon gain a strong footing.
It includes jobs like cleaning a carpet, the walls, corners etc. You can also get cleaning contracts in malls, shops, and restaurants.
All you need to do is set ups team of dedicated professionals and put your ads on local listings. Remember, proper marketing is what will propel your new home-cleaning business forward.
Scope of the Business
You can select from various specializations like maid cleaning services, window cleaning, car cleaning, carpet cleaning, and more among your residential services. Taking up commercial contracts will benefit you even more. If done properly, this business is replete with long term benefits.
Reasons to Start the Business
- Small investment
- Increasing demand both in commercial as well as residential spaces
- Less competition
8. Event Planner
| Investment | ₹50,000 to ₹1,00,000 |
| ROI | 1 to 2 years |
| Profit | ₹30,000 to ₹40,000 |
Corporate events are very common in Ahemdabad, and so is the need for event planners. The presence of festivals like Uttarayan, Shamla Ji Melo, Vann Ustav, and more will give your business a lot of scope to grow.
Due to all these reasons, starting an event planning company is a viable idea. An event planner can save anywhere from 15% to 40% by negotiating well with the client. Events like product launches and conferences further provide you with special opportunity to earn extra profits.
Scope of the Business
You need to develop many connections from minor businesses like the decoration and flower seller to catering, entertainment, transportation, and more. Many festivals and rich culture ensure the city is always celebrating, so will you with an event-planning venture.
Reasons to Start the Business
- Ample opportunities for event planners in Ahmedabad due to the celebratory culture
- High profits
- Endless growth opportunities once you develop a name in the market
9. Art and Craft
| Investment | ₹15,000 to ₹20,000 |
| ROI | 4 to 5 months |
| Profit | ₹12,000 to ₹15,000 |
Handicrafts like Bandhani and embroidery like Zari are famous around the world and will never stop being so. So what if you could get a business out of their popularity?
This business requires little expenses in raw materials but is prized in terms of the value it delivers. You can invest in a handicraft business in Ahmedabad and employ native artisans to work. You’d be amazed at the skilled labour available in the city.
Whether it’s a local fair or a global event, you can make your products sound even more appealing by showcasing their heritage and your brand story.
Scope of the Business
Gujarat is known for intricate crafts like Zari, and you’d find the artisans for it easily here. Cheap labour always amounts to better profits. Plus, with so many products to create, the growing tourism in the region, and high export demand, you won’t be out of ideas or revenue anytime soon.
Reasons to Start the Business
- Exclusive artisans available in Gujarat
- Earn high profits at low Investment
10. Food Business
| Investment | ₹10,000 to ₹15,000 |
| ROI | 2 to 3 months |
| Profit | ₹8,000 to ₹10,000 |
Food sells everywhere, but there are only a few cities whose traditional food can be exported. Yes, you heard it right. While you might not be able to sell Mumbai’s Pav Bhaji in Gujarat, you can export Gujarati Thepla, Khandvi, and more straight from Ahmedabad to around the world.
Gujarat’s traditional dishes can be stored for days, and hence it’s a smart idea to set up a food packaging and supply in Ahmedabad. You can sell the dishes from a small shop in the city and then export some to other states too thus diversifying your earning channels.
Gujarat is also a manufacturer of various crops like wheat, jowar, rice, groundnut, and more, so you can get your hands on such products at cheaper prices too. This ultimately means less expenditure and too many doors for profits from this business opportunity in Ahmedabad.
Scope of the Business
If you can get contacts with shops in other states and sell them food products made in Gujarat you can bet on profiting well. You can also sell fresh Dhoklas and Khandvi in a small shop in Ahmedabad and still earn pretty well. Remember how the food stalls became immediately crowded after the Unlock? Your business, too, will be mostly safe and revenue-driving throughout the year.
Reasons to Start the Business
- Safe Investment as the business is unlikely to fail
- Has huge profit potential if you can export food products
Conclusion
These were some of the most exciting business opportunities in Ahmedabad right now. You should do separate in-depth research if you have decided on starting one of these businesses, but this guide is enough to fill you with ideas. Feel free to shoot your questions in the comment box and stay tuned for more of such exciting posts.
