Business Ideas In Assam

Tea is a beverage that is loved throughout the country, and Assam is the biggest producer of tea in India.

Selling packaged teas or even opening a Tea cafe in a commercial hub can be quite a lucrative business.

To start a tea business, entrepreneurs should visit the local market to find good tea dealers to supply good quality tea.

Investment Needed: A tea packaging business needs capital of 1 lakhs or 10 lakhs to start a tea cafe or a trendy tea store.

There is a rise in demand for Assam’s handloom products among tourists as well.

One can start a handloom business to sell products made of Eri silk, Muga silk, paat silk, or even bamboo strings.

Entrepreneurs looking to start a handloom business may contact wholesale handloom dealers or suppliers that provide quality handloom products.

Investment Needed: To start a handloom business, one may require an initial investment of anywhere between 15-20 lakhs.

Many tourists visit Assam each year to enjoy its scenic beauty, tea plantations, and ancient monasteries.

With Assam being such a tourism hub, a travel agency may be the best business to start.

Starting a tourism business is simple. It requires selecting a good location to set up an office easily accessible to tourists.

They can help tourists by booking cabs, hotels, homestays and arranging tours for them.

Agarwood is a fragrant resinous wood that is used in making perfumes and essential oils.

It is naturally found in Assam and has a huge demand among tourists and perfume makers.

Entrepreneurs looking to start this business can easily find agarwood dealers in the local market.

Investment Needed: Working capital of 10 lakhs is required to start this business, including setting up a store and stock. 

Demand for fish locally is on a rise in Assam as it has rich natural water bodies. This provides a good opportunity for fish farming in the state.

People looking to start a fish farming business in Assam should set up a fish pond to start rearing fish.

The department of fisheries provides all the assistance required to fish farming enthusiasts in the state. 

Many rural women in Assam are making vermicompost, which is an organic alternative to chemical fertilizers.

This organic fertilizer is also seeing a great demand among farmers.

People wanting to make a business out of this idea can source local rural women involved in manufacturing the vermicompost.

They can then set up a store to supply this organic fertilizer to farmers and other gardening enthusiasts.

Silk products of Assam are in great demand and raw silk is an important raw material to manufacture these.

Therefore, rearing silkworms can be a great business opportunity for entrepreneurs.

Although the initial investment to start a sericulture farm is more, raw silk is an extremely in-demand commodity in Assam.

Investment Needed: An investment of 10-20 lakhs is required to start a sericulture farm with mulberry bushes. 

Starting a paper manufacturing business in a booming economy like Assam can be quite profitable.

Entrepreneurs can easily set up a paper mill in Assam with a low investment. Raw materials and other machinery are easily available.

With labor and other costs being relatively cheaper than in other states, the manufacturing cost will also be lower.

Investment Needed: With sufficient knowledge about the paper-making process and an investment of 15-20 lakhs, people can earn profits in this business.

Restarant is a booming sector, with people always looking for new places to eat and explore.

Entrepreneurs having the necessary capital can start a restaurant in a central location that is accessible to tourists and the urban crowd.

Cute interiors, quality food, and efficient service will make the restaurant a hit among the crowd.

Owners have to make sure to offer a variety of food and certain signature dishes that are not served elsewhere.

This is another business with low investment and high returns. People in Assam are looking for quality education.

Dedicated and passionate entrepreneurs can start an education or a training center.

Quality and hands-on training with experienced teachers should be the USP of this business. Good word of mouth among the locals will draw in students.

Location is quite important in this business and that will be the main investment.

Investment Needed: A minimum of 1-2 lakhs is required to start this business.

Incense sticks or agarbattis are an important part of any religious ceremony.

Entrepreneurs can set up an incense-making business in a small space with little machinery and equipment.

They can visit a local wholesale market to source raw materials such as bamboo sticks, aromatic oils, and packing materials.

Once they have the vendors, they can start the manufacturing either manually or with machines, as per their budget.

In a booming sector like Assam, selling electronic goods can prove to be a good business opportunity.

By setting up a small store in a good commercial area, people can earn a good profit. Sourcing electronic items are important for this business.

Entrepreneurs may want to source wholesalers from outside Assam to provide unique products in the market.

Investment Needed:  This business may require an investment of 4-5 lakhs.

Candles are used for a variety of reasons. With a low investment, candle making business can be profitable.

Raw materials like wax can be sourced from local vendors in Assam. This business requires almost no machinery and can be done manually as well.

One can easily start this business in a small space or even their house.

Investment Needed: Candle-making business can be started with an investment of RS 50,000-80,000.

Entrepreneurs with good knowledge of cooking can start a catering business.

With a boom in people wanting to celebrate special occasions and events, they are always on the lookout for good caterers.

This business does not require any special machinery or even a business place. With a good menu and prices, the business will start booming in no time.

Investment Needed: Although the investment in this business varies according to the scale, people can invest anywhere between Rs 50,000- 1,00,000 to start this business.

Clothes are essential to survival and are always in demand. Entrepreneurs with limited knowledge can also start a clothing business.

This business requires setting up a store in a good location and stocking up on good quality clothes.

The inventory can be sourced from Assam or other states as well if the business wants to offer unique products.

Investment Needed: An investment of 2-3 lakhs is required for this business. 

Assam has plenty of tea plantations and other farms that require a constant supply of fertilizers.

People looking for a low-investment business can contact these farm owners or agriculture store owners and directly supply them with fertilizers.

This business does not require setting up costs. With good contacts, anyone can become a fertilizer distributor.

Sourcing good quality fertilizer is essential in this business.

Push carts or Kiosks are perfect to start a low-investment business.

Entrepreneurs can sell a variety of goods on carts. It can also be used as a food cart.

Push carts are great for selling ice creams, Momos, or Charts.

Setting up a cart in a busy commercial or a shopping hub can bring in great profits without much investment.

Investment Needed: With initial funding to buy the cart, there is no major investment required in this business. It can be started with an investment of Rs 10,000- 20,000/-

Beauty salons are a profitable business. Setting up a beauty salon in a good commercial locality can draw in a good crowd, including tourists.

This business idea requires certain skill and dedication as people are looking for good quality service.

Setting up a small,l comfortable space that provides good services can help the business grow.

Investment Needed: With an initial investment of Rs 1-2 Lakhs, people can set up a profitable beauty salon business.

The demand for fast food is growing with people getting busier in life. A food truck business can be easy to set up.

With niche recipes and great service, a food truck can be the most profitable business. Moreover, it does not require a fixed shop.

Food truck owners can move from one place to another in search of a good crowd.

Investment Needed: Food trucks require an investment in a good quality truck and other equipment, with a minimum investment of 1-2 lakhs.

Baked goods are a favorite among people. Setting up a bakery is a low-cost and minimum-risk business idea.

With limited knowledge of baking, anyone can start a bakery business from their home.

With good marketing strategies in place, a business can leverage its baked goods to attract customers.

Investment Needed: A bakery business requires very little initial investment of Rs 10,000-20,000. This can change based on the scale planned.

Online shopping is growing to be the most preferred way of shopping among people due to its convenience.

Entrepreneurs can start an online grocery business or even a fashion store.

There are limited risks when it comes to an online store, as the overhead costs are much lower than brick-and-mortar stores.

The major investment here will be the website setup.

Investment Needed: An investment of 5-6 lakhs is required to set up any kind of online store.

Blogging is another low-cost online business. Anyone with a flair for writing can begin blogging to earn income from various sources.

With the right strategies, blogging can be a great way to earn a steady income. Creating unique but relatable content about Assam and its culture will draw followers to the blog.

Once the blog has a good number of followers, bloggers can earn income through affiliate marketing, ads, sponsorships, etc.

Investment Needed: Blogging may require an investment of Rs 50,000 to set up an online website and spend some money on online and SEO advertising.

Online businesses require digital marketing agencies to advertise their business on various social media platforms, blogs, emails, or apps.

This paves way for digital marketers, who handle the online presence of such large businesses.

With a good client base, digital marketers can earn a steady income with almost no investment.

Entrepreneurs interested in this space can open a digital marketing agency where clients of large companies can approach them.

Assam is a growing economy and is a great market to introduce services such as financial advising.

With the local people not having much knowledge regarding the right investments to make, a financial advisor can be in great demand.

Students of commerce and financial background can consider this a lucrative business opportunity to explore.

After an entrepreneur has secured a good client base, they can expect steady income from this business.

Any business related to infants and kids is a booming sector nowadays. An online kids' toy store is a great low-investment idea. Kids' toys are in high demand.

Entrepreneurs can source quality toys from wholesalers across the country and provide a variety to customers.

This business requires setting up an online store and advertising costs.

However, profit margins in the kids toys sector are quite high, which makes the business quite profitable.