Top 10 Business Opportunities in Pune

business opportunities in pune

A good business idea is always deemed to flourish in a highly populated location, and as you know, Pune is one such place in India. Bustling and commercial, cosmopolitan and vintage, shady, and sedate- Pune radically adds up to more than the sum of its parts. This is a city where history often avers itself effortlessly.

Being Maharashtra’s cultural capital, Pune is a hub of museums, hill forts, and educational institutes. Apart from that, Pune nourishes ample of attractions to satiate visitors from all over the world. With a population of 6.6 million, the city is evolving to cater to all favorable conditions for businesses. This is especially true with respect to the gradual enrichment of the upper-middle-class community contributing its fair share of high per capita income to speed up the economy.

So, definitely, the second largest city of Maharashtra and the ninth most populous city in the country hold numerous opportunities for budding entrepreneurs. If you are thinking of starting your venture here, it would probably be one of the best decisions you’ve ever made. But in this era of enormous competition, identifying that one idea and sustaining in the market with it is not a cakewalk.

 That’s why we are here with the list of top 10 business opportunities in Pune to let you check different options and pick the one which suits you the best. Our professionals in the field have put on extensive market research before coming up with the list. These business ideas in Pune are more effective if you’re planning to enter the market with a low investment. So, without further ado, dive in!

Best Business Ideas and Opportunities in Pune

Business ideas in Pune

Pune is a treasure in itself and much more than what one could ever imagine. Not only is the city rich in culture but also it houses plenty of high-rise buildings, parks, and zoos which help in skyrocketing the tourism industry.

Besides, Pune has earned respect from all over the country for housing highly eminent academic institutions in the vicinity. Yes, so many educational opportunities and institutions are there that Pune has got the title of “Oxford of the East.” These educational centers entice thousands of professionals and top-class students domestically and overseas.

Apart from being the educational hub, Pune is also an industrial powerhouse where various global industries are trying to get their base set for running business operations. Well, known manufacturers like ancillary companies automobiles providers have found their path-breaking success, which has created tremendous business opportunities in Pune.

The Pune Metropolitan Region(PMR) consists of the gigantic industrial twin Pimpri-Chinchwad along with three cantonment towns of Pune, Dehu Road, and Khadki. Different business events, conferencing, manufacturing, meetings, IT industries, trade shows, exhibitions, and more are already making Pune the busiest metropolis. And these activities are expected to get a huge boost anytime soon.

 All of these factors are doing their part of the job to flourish the economy. This gives the nod to the establishment of numerous business opportunities in Pune that have a huge prospect of thriving. So, set your career as a successful entrepreneur in the city of Pune. If you lack the know-how, fret not! Now, we are going to present a list of top 10 business opportunities in Pune. Scroll down to know it all.

1. Website and App Making Business

Investment

₹50,000 to ₹70,000

ROI

6 to 8 months

Profit

₹15,000 to ₹21,000

Nowadays, every business needs a website to improve brand visibility in the competitive market. So starting a business to render website and app making services is one of the best business ideas in Pune. Investment is also affordable.

You just have to start by hiring a web developer by posting on the job portal sites like naukri.com, LinkedIn, etc. Next, you need an app developer to provide both of the services at the same time. After that, you can hire a salesperson who will acquire clients and take one-room office space with internet facilities.

Well, this may seem like a hassle, but once you start your business, you can make a huge profit. If you know coding and developing apps or websites, it will be much easier for you to succeed. After all, you will be doing the job of the developer. So, less workforce will be required, which will lead you to a lucrative amount of profit.

Scope of this business

 Pune has an extensive number of business owners as compared to the other cities. So it is an excellent opportunity to get the market share effortlessly. In addition to that, every small business wants a website to offer its product or services, but they lack knowledge of making a website or app. Now that you will be resolving the problem, your business will thrive only.

Reasons for starting this business

  • Website making is easier than ever with WordPress, Joomla, Wix, etc.
  • Can be set up with zero knowledge
  • Investment is low
  • High profit

2. Recruitment Consultant Business

Investment

₹80,000 to ₹1,00,000

ROI

2 to 3 years

Profit

₹24,000 to ₹30,000

A large number of people are unemployed in India. Most of the companies are not putting enough resources to hire employees. So, why not take this burden out and hire other companies on a commission basis? This one is one of the smartest business ideas in Pune that you can start acting upon.

All you’re required to do is a tie-up with different companies and get the tender. Next, you have to run a proper skill test to select the best-suited candidates and then, offer them employment in the company you are associated with. Once your business grows, you can ask for higher wages to make great profits in less time.

Scope of this business

Pune is well-known for being filled with youngsters and college kids. Plenty of this group are seeking jobs but failing to get one. Proper communication, the right company, the scale of salary- several factors matter. Once you offer a potential solution to this problem and offer them employment based on their skills, you’ll make a brand name. Alongside this, different numbers of industries are present in Pune, and the number is only growing. So you’ll never feel the shortage of clients.

Reasons for starting this business

  • Low investment
  • The high amount of payment from the companies
  • Good prospect
  • Low competition

3. Homemade Food Cooking & Delivery

Investment

₹20,000 to ₹30,000

ROI

5 to 7 months

Profit

₹6,000 to ₹9,000

With an affluent middle-class population, Pune can be a great place to start your homemade food delivery service. The initial investment is meager as you can operate the whole business from your home.

Scope of the business

Pune is the home for entrepreneurs and working-class people. Often or not, these people have to compromise on their food because of their hectic schedules. So, you can easily have these working-class people as your target customer base.

Reasons for starting this business

  • Low investment
  • Huge prospect
  • Quick and High Return of Investment

4. Third-Party Logistics Delivery Business

Investment

₹1,00,000 to ₹2,00,000

ROI

1 to 2 years

Profit

₹30,000 to ₹60,000

A major portion of the e-commerce businesses relies on the logistics companies to get their product delivered to their customers. From shipping, warehousing to delivering the products to the final destination, you can handle a variety of tasks as a third-party logistics service provider.

Scope of the business

No matter if you talk about FMCG products or electronics with the wave of digitization in effect, the e-commerce businesses have got a big leap. E-commerce companies like Amazon, Flipkart, and others operating in the market handle 35% of their product delivery through their logistic services. For the rest, they depend entirely on 3rd party service providers. As one of the fastest-growing cities of the country, Pune offers a huge market to the e-commerce service providers. Therefore, starting your business as a logistics service provider can be a great idea.

Reasons for starting this business

  • Plethora of opportunities
  • Formidable initial investment
  • Good return of investment
  • Easy to start the business

5. Jewelry Making

Investment

₹5,000 to ₹10,000

ROI

3 to 4 months

Profit

₹1,500 to ₹3,000

Do you have a knack for making fashionable jewelry? Then, you can think of starting your own jewelry making company. The initial investment is not too high since you don’t require to spend huge inventory or equipment.

To start with, make a few splendid samples that can easily attract customers for you. You can create your website and Instagram page where you can upload images of those samples. Creating customized jewelry as per the clients’ demand is also another option you have.

Scope of the business

Pune with an opulent market of the higher middle class, people can offer you a decent market to start this business. If you don’t have the proper skill right now, you can look for online classes, or there are many offline classes also conducted in Pune. You can attend any of them. As your business grows and you make a significant profit, you can even think of making gold jewelry.

Reasons for starting this business

  • Minimum initial investment
  • Getting yourself skilled is easy
  • The good market in the city with a significant amount of middle and upper-middle-class population

6. Professional Housekeeping Company

Investment

₹30,000 to ₹60,000

ROI

1 to 2 years

Profit

₹9,000 to ₹18,000

It is close to Mumbai, Pune, the 2nd largest city of Maharashtra, getting all the attention of entrepreneurs and large scale manufacturing sectors of the country. Time and time Pune has seen a significant increase in the number of corporate houses, shopping malls, and educational institutions.

A professional housekeeping service provider is the need of the hour for all these sectors to run optimally. Starting the business, all you need is a little workforce, little equipment, and a vehicle to transport. Renting an office space initially is not necessary at all since you can easily operate from your home. Get a website in the first place, build a network, and get yourself going.

Scope of the business

As mentioned earlier, Pune, with its ever-rising number of shopping malls, multiplexes, corporates, needs significant manpower to maintain the housekeeping staff. If you can promise decent service and crack the right deal, it’s easy to bring the bread and butter by running a professional housekeeping company in Pune.

Reasons to start this business

  • Easily manageable investment amount
  • Great opportunity with huge market
  • High ROI drove

7. Internet Cafe

Investment

₹60,000 to ₹80,000

ROI

2 to 3 years

Profit

₹18,000 to ₹24,000

Well, it is already a well popular business idea. Setting up an Internet Cafe is a low barrier entry business idea as the initial capital you need is very nominal. All you need is 2-3 computers to start with. Along with that, offering printing and photocopy services can also be a good idea.

Scope of the business

While the Internet has become an attachable part of our life, there are still many who don’t have the facility at home. You can target the young school and college students in your area as your customers. To add with this offering service like mobile recharge, paying bills, booking train or flight tickets can be a great idea. It can offer you a huge customer base to act upon.

Reasons to start this business

  • Low investment
  • Doesn’t need any such expertise, no need to hire any professional
  • Fast return of investment

8. Telephone Answering Services

Investment

₹40,000 to ₹50,000

ROI

2 to 3 years

Profit

₹12,000 to ₹15,000

No matter large or small and medium-sized enterprises, it’s already clear to you that Pune is the home for businesses. So, there are already many companies that need small teams to handle calls from their clients. Though it’s quite similar to call centers, there is definitely a slight difference.

The focus of your business model will be small or mid-sized companies. The initial investment consists of a computer, a telephone, and an Internet connection. Alongside that, if you need, you can hire one or two persons who are mostly looking for part-time jobs.

Scope of the business

The scope of this type of telephone answering service provider is huge, as there is no shortage of businesses requiring this service. You have to make sure that your initial focus remains on small and small businesses only. There is no need to spend much on infrastructure as you can easily start with a spare room in your house. Hence, the investment is also pretty low.

Reasons for starting this business

  • Good prospects with a large target audience of small business holder
  • Low investment
  • The fast and high return of investment

9. Industry Ready Course Business

Investment

₹20,000 to ₹30,000

ROI

9 to 10 months

Profit

₹6,000 to ₹9,000

As you know, our education system and the industry or company requirements have a huge difference, which becomes an obstacle to getting a job. You can start educating freshers, which will help them to start and sustain in a company. It is one of the best business ideas in Pune to earn a lucrative amount of profit.

Include courses like Big data handling, Android studio, RBA, machine learning, Language course (java, python, etc.)- These courses are not taught in school or colleges but have a huge demand in the IT sector. So, students will definitely come to you.

Scope of this business

There are a plethora of educational institutions in Pune and an endless number of students who are about to step into the working field. These factors create extensive market demand. Plus, the investment cost is quite low, so you don’t have to wait for long to start. If you can set up your business near any college, it will save the cost of branding.

Reasons for starting this business

  • A huge number of different colleges in Pune
  • Students have a keen interest in these type of courses
  • Low investment
  • High profit

10. Open a Baby Care Center in Pune

Investment

₹10,000 to ₹15,000

ROI

7 to 9 months

Profit

₹3,000 to ₹4,500

This is one of the latest business opportunities in Pune. Opening a baby care center not only requires low investment but also helps you earn high profits. This business is best suited for females, but males can also start by hiring a female employee.

You have to provide daycare services and arrange a set up to make the babies comfortable. This includes a playground for babies, proper attention, baby care products like walkers, diapers, toys, etc. Once your business becomes a brand, more customers will trust you, which will finally hand you lucrative profits.

Scope of this business

Young parents don’t have much time to spend with their babies. The working parents are especially hustling every day to find a balance between managing a profession and taking care of the baby. Since you will provide a great solution to this problem, your business will skyrocket only. Trust is a major factor in this business, so you have to provide quality services to earn your clients’ trust and increase your customer base.

Reasons for starting this business

  • In a developing country, parents are either involved in a 9to5 job or running a business
  • Very few baby care centers are available in Pune
  • Low investment

Final Thoughts

That’s all, now you know about all the business opportunities in Pune. It’s time you pick one considering your investment, skills, manpower, market demand, etc. For further queries on any business idea, drop a comment in the below box. Also, voice your views in the same comment box. Stay connected for more ideas in different cities. Adios!