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Business Ideas In Bihar

business ideas in bihar

Want to know Business Ideas in Bihar? Well you have landed on the right article , Want to start your business in Bihar? Confused about what to do and what not? Then you are in the right place.

Here you will learn about every business opportunities in BiharBihar has traditionally been a hub of business and industry.

It is brimming with dedicated, bright, and hardworking people who have enriched the lives of millions of people around the world.

There are so many options for small businesses that you can start up on a low budget. Also, with an appropriate amount of investment, you can earn a good profit margin with your business.

Bihar is still a growing state and competing in terms of industry, economy, and living standards. As a developing city, Bihar provides numerous commercial prospects for small and mid-sized businesses.

Mentioned below are some of the Best business ideas in Biharwhich you can choose according to your interest and other factors.

In this guide, we ranked and reviewed the 7+  best business ideas in bihar, along with our top 3 choices, so that you can pick the best one for you.

Recommended

Fertiliser distribution business

(Best XYZ)

Overall Rating: 4

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Start a silk store

(Best XYZ)

Overall Rating: 4/4

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua minim veniam, quis nostrud.

Laptop and mobile repairing

(Best XYZ)

Overall Rating: 4/6

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 business ideas in Bihar

Want to jump straight to my top picks? My favorite business ideas in bihar is Start a silk store and Laptop and mobile repairing.

1. Fish Farming

One f the new business ideas in Bihar is that Bihar's government has promoted fishing and is offering half of the funds required to construct a fish-rearing pond.

The development of fish seed hatcheries is encouraged by the government of Bihar as good quality seeds will be needed to get good quality fish.

Many people, however, are ready to accept this risk because the rate of return is quite impressive.
 
Bihar has almost 9 acres of wetland and is beneficial for the business of fish farming.

The state of Bihar has a variety of water resources, such as tanks, ponds, etc. This is one of the rapidly growing businesses among people.

details

  • The cost of constructing a fisheries pond is approximately Rs 12-15 lakh.

2. Fertiliser distribution business

In India, the fertiliser sector is becoming increasingly popular. One of the best business ideas in Bihar.

Anyone can start a fertiliser distribution business on a small, medium, or large scale.

Small distributors are mostly found in the district. Large distributors operate inside a state, and in some cases, across many states.

Fertiliser delivery is a dependable industry with no indications of slowing down.

The increase in world population, and thus a growth in food consumption, is driving the expansion. Fertilisers are widely utilised to boost per-hectare crop yield for both industrial and food purposes.

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  • You can start a fertiliser distribution business in Bihar with an amount of 8 to 10 lakh.

3. Wheat Processing

Wheat processing is also popularly known as Chakki. The construction of a wheat processing unit in Bihar is lucrative.

The primary basis for this is Bihar's pleasant environment, which enables small business prospects to be viable and conducive to farmers' success.

You'll need a suitable area and wheat processing equipment to open a wheat processing business.

The equipment is inexpensive and simple to set up.

Some may dismiss it as insignificant, but this business concept is both profitable and manageable. Both the possibilities of success and failure are slim.

details

  • The grain processing business will have an investment of between 50,000 to 85,000 INR.

4. Textile business

The textile industry contributes significantly to the Indian economy in terms of GDP, manufacturing production, job creation, and export revenues.

Nearly 1 lakh weavers call Bihar home, and their income is based on the manufacturing and selling of cloth and garments.

As a result, the existence of the weavers' society is a valuable advantage in spite of the provision of trained and semi-skilled labour for textile operations.

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  • You can start your own small textile business with an amount of 25 lakhs.

5. Start a coaching centre

Starting your coaching centre will be a great idea if you are good at teaching.

You can open a coaching centre for various subjects and classes in which you have deep knowledge.

Although there are several tutoring centres in Bihar's larger cities, remote regions significantly lack coaching institutes.

The students of these regions are continuously on the hunt for reliable coaching centres at reasonable pricing

One of the key strategic ideas in Bihar is to open a tutoring centre.

details

  • You can start your coaching centre with an amount of 7000 to 10000 INR, and if you want to have staff, then the business includes an investment of at least 1.25 lakh.

6. Restaurants

In Bihar, starting a modest restaurant is a fantastic chance.

The first step in beginning a restaurant business is settling on a concept.

Before choosing a concept, you must consider a number of factors, the most important of which is the limit of the funds available for investment.

Restaurants require a significant amount of capital to establish, but they pay off handsomely after a while.

Therefore, restaurant price is a key aspect of running a business and must be properly assessed and planned.

Given the potential of the Indian F&B market for new and established restaurant enterprises, now is unquestionably the best opportunity to initiate this lucrative field.

details

  • In Bihar, a restaurant will cost between 7 and 10 lakhs to open.

7. Beauty Parlour

In India, the personal grooming sector is rapidly expanding. Yet, there is a lot of room for improvement in this field.

This opens up a lot of economic potential for beauty parlours in Bihar. Salons and spas can also be beauty parlours.

A beauty parlour is a place where you may get hair cutting, styling, colouring, pedicures, manicures, and waxing, among other things.

Establishing a beauty parlour in Bihar is a fantastic business opportunity. Depending on your abilities, knowledge, or budget, you may operate a parlour in Bihar. It necessitates planning and perseverance.

Starting a parlour business can be highly lucrative if you employ the correct planning strategies and have full knowledge of your target audience.

You can extend your business once it has reached a certain degree of success. One could do this by developing a beauty business with industry leaders.

details

  • The business of beauty parlour can be started under 1 lakh.

8. Laptop and mobile repairing

Whether they rent a store or work from home, tech gurus who want to start their own repair service business may need to devote a significant amount of time and cash to developing, marketing, and safeguarding their new journey.

The field of information technology and computer repair is vast.

Your business strategy should include a short list of operations that your laptop and mobile repair company will specialise in.

You could specialise in a variety of areas, such as routine maintenance, mobile repairing, desktop computer repair, repairing screens, and more.

details

  • An investment of 1 lakh to 1.25 lakh INR is needed to start a business in Laptop and mobile repairing

9. Papad making business

Bihar, among the main producing states with great productivity, offers profitable prospects for women.

This company involves very little capital and pays you consistently.

You can start a small business selling papads in a variety of flavours that will be tremendously profitable because they are enjoyed all year by the people.

You can also sell a variety of munchies in addition to papads.

details

  • You can start this business at home with a low investment of raw materials, and if you want to install the machines, the investment can go up to 5 lakh.

10. Tea bag making

Two major components required to start a tea bag-making business is tea and paper bag.

The tea bag is a tiny, permeable closed bag holding tea leaves that are used to make tea drinks with a warm cup of water.

With a modest initial investment, a prospective businessman with sufficient knowledge of tea leaves can establish a tea bag manufacturing business.

Tea, as basic staples like wheat and rice, is a quick commercial product in any nation.

As per a survey by trade group ASSOCHAM, India is the globe's major tea consumer, absorbing over 25% of worldwide tea production.

details

  • The investment needed for tea bag making requires at least 2.5 lakh.

11. Pickle making business

One of the  small business ideas in Bihar is Pickel Making . Pickle making business is perfect for women who have the knowledge of how to make pickles using various ingredients.

This service can yield a large profit if the raw materials utilised are of the highest quality.

Pickles are quite common in India and may be found in almost every home.

The pickle business is quite large since there is a lot of demand both in our country and abroad.

details

  • You can start this business with an investment of 10,000 INR.

12. Incense stick-making business

You can start this business from the comfort of your own home.

Agarbatti is a bamboo stick that has been covered with a scented substance.

You might be astonished to learn that India is the only country that produces it, even though it is used in over 95 nations.

To begin with, it might be considered a small business opportunity in Bihar that can be grown as it succeeds.

details

  • The business will have an investment of 35,000 INR to 1.75 lakh.

13. Honey making business

Honey is well-known for its natural and nutritious characteristics and is a great alternative to sugar.

As a result, entering this market is unquestionably one of Bihar's startups.

It needs less equipment and demands less expenditure. The high concern about healthy living has raised the demand for honey.

details

  • You can start the honey-making business with an investment of 1.25 lakh.

14. Sugar bags making

In Bihar, sugar bag making has tremendous business potential.

The sugar business is one of the most important sectors in Bihar, employing thousands of people in production and service providers.

Approximately 53 lakh hectares of cultivable land are available.

These data are sufficient to determine how profitable the sugar bag manufacturing firm will be.

As a result, if you engage in related services, such as a sugar bag-making firm, your company will become successful relatively quickly.

details

  • An investment of 40,000-50,000 INR is required to start this business

15. Start a silk store

Starting a silk store is another great business idea. Tussar, Bhagalpuri silk, and Eri silk kinds are mass-produced in Bihar.

The possibilities are endless, whether you wish to sell numerous sorts of sustainably harvested silk retail or high-quality wholesale silk for ultimate consumers.

The business is many centuries old, with expertise passed down through the generations.

Bhagalpur is home to more than 35,000 weavers and 25,000 looms.

Bhagalpur's total trade is over 100 crores each year, with 50 per cent coming from the domestic market and 50 per cent from the export industry.

details

  • The cost of 50,000 INR to 2 lakh is required to start a silk store business.

16. Xerox and Printing Company

As a way of vying for clients, several small firms are entering the photocopy and printing business in Bihar.

In Bihar, DTP or Photo-Copying Businesses are a very well company model.

This opens up many growth possibilities for the common person, notably greater job chances and a more stable life.

The shop of Xerox and printing is a modest yet lucrative venture.

You can generate income by buying xerox and printing equipment. This business has a lot of potentials, but the location is crucial.

For higher growth, open a printing company near the school, college, or government offices.

details

  • The initial investment of INR 60,000 will be needed for the startup of a xerox and printing business.

New business ideas in Bihar

1. Computer training institute

Establishing a computer education institute in Bihar could be lucrative and provide business development opportunities.

This company's owners may receive a variety of non-monetary benefits as well.

Furthermore, this new Bihar business opportunity constructively informs individuals about modern development tools and activities.

Bihar's computer schools are in high demand, with students ranging in age from toddlers to seniors.

Apart from making money, this business lays the groundwork for building a positive reputation and providing services to a larger number of consumers at a reduced cost.

You might also hire instructors to teach software classes to supplement your current staff.

details

  • An investment of 20-35 lakh is required to start a professional coaching centre.

2. Start a cold storage facility

The cold storage industry is very crucial and is in high demand. The need for a cold supply closet in India is increasing steadily.

Fruits, poultry, meat products, vegetables, and fish, among other things, require cold storage.

Every year, India produces over 260 million metric tonnes of vegetables and fruits.

Cold storage necessitates both a one-time and a significant financial commitment.

However, the return on investment from cold storage always seems to be high. When contrasted to small firms, the profit of a cold storage business always seems to be substantial.

You can choose the kind of cold storage space you want to set up, depending on your budget. There are two types of cold storage facilities: single products and multiple products.

details

  • A cold storage firm demands a minimum investment of 30-40 lakh.

3. Start Hydroponic farming

Establishing a hydroponic farm is not really an automated procedure of watering plants at a predetermined time each day and awaiting them to develop.

The system must be flexible, with the environment, weather, and seasons all influencing the amount of water, light, and nutrients your plant needs.

Every plant is unique, with no one-size-fits-all solution. Plant seedlings in grow bags and containers to begin your hydroponics experience.

For your farm, choose brinjal, cauliflower, chillies, tomatoes, capsicum, spinach, carrots, lettuce, beets, ginger,  fenugreek, turmeric, and other vegetables.

They thrive in this environment and provide a wide range of organic foods for your table.

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  • An investment of 10-20 lakh is required to start a business in Hydroponic farming.

4. Start a solar power plant

Solar energy is among the most important types in the renewable energy industry.

There are numerous prospects for profitable business ventures. Everything from setup and maintenance to service and support has prospects in every aspect of solar power.

Find a position in the solar power sector that isn't crowded in the local area and position yourself as a specialist whenever it comes to renewable power subsidies, household energy demands, and the capacity to deal with electric utilities to establish a solar power business.

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  • The cost of 4.50 lakh is required to start a solar power plant

5. Start a third-party logistics business

A logistics company, often known as a logistics firm, is one that warehouses and transports the commodities of other businesses.

A good Logistics Company will need to be able to move goods in some way, either by air transportation, shipping, or driving; this makes a Start-up Logistics Company an expensive venture.

Starting a logistics company in Bihar is straightforward, but the procedure of seeking a licence and registering becomes more complicated.

The Indian government's Make in India program, convenience rules, and big labour pool have surely attracted internal and overseas investment to the nation's long-stagnant home manufacturing industry.

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  • The cost of 15-20 lakh is required to start a third-party logistic business.

6. Start a transport service

Businesses that transfer products or individuals from one point to another are known as transportation businesses.

Individual travellers, other businesses, and worldwide trade relations can benefit from their services.

Individual ridesharing services, consumer items carrying, and worldwide shipment of products and materials are all possibilities for a transportation company.  

Costs may be small or significant depending on the form of transport of goods you choose.

Rather than starting with big transport, servicing with one cab will be good as it will be less expensive and can be affordable by budget businesses.

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  • The cost of 50 lakh is required to start a transport service business.

7. Sell handicrafts and heritage Prints

Bihar is an excellent place for environmental or beauty extracurricular opportunities, with about 7000 square km of protected forest land.

Art collectors pay tens of thousands of dollars for a genuine print.

Even so, these ethnically rich creations are gaining popularity among the general public, and therein remains a specific business opportunity for you.

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  • The cost of 15 lakh is required to start a handicraft and heritage business.

Conclusion

Bihar is a developing state that will grow in the years ahead, making it an excellent place to establish a business.

This article includes most of Bihar's small, medium, and large company ideas. You can select one based on your preferences, financial resources, and financial aptitude.

Begin by thinking of other business ideas in Bihar, such as beekeeping, which offers extra benefits such as improving crop development through cross-pollination and giving pollen, wax, and venom.

If you start this firm, the government will provide you with complete support.

frequently asked question

1. Which startup is best in Bihar?

Every kind of startup, depending on your talent and abilities, will go best if you do it with full belief.

Startup businesses such as starting a salon if you are able to do things related to the beauty parlour and salon, a coaching centre if you are interested in teaching, the famous business of fish farming, restaurants, papad making, and more.


2. What are the most successful small businesses?

Thousands of professionals work for small businesses in a variety of industries. As a result, new businesses come up annually, creating jobs and boosting the regional economy.

Bihar is well known for its silk, sugar, and jute industries, among other things.

Bihar's most well-known commercial concepts include restaurants, hotels, retail malls, and coaching schools. However, the majority of them are capital-intensive businesses.


3. Which is the cheapest business to start?

The cheapest and most common business type you can start in Bihar is fish farming. You can start selling fish to the markets and in retail. There are almost 9 acres of wetland in Bihar.

This has made the business of fish farming one of the popular business ideas in Bihar. It is one of the rapidly growing businesses among people that you can start at the cheapest rate.


4. What business I can start with 1 lakh?

The businesses such as Wheat processing, starting a coaching centre, tea bag making, and papad making can be started with the amount of 1 lakh.

You can start these businesses from your home, as the services are reliable, and not all of them need a specific place to start with.

Here are my best picks:

Also Read: Check out my reviews of the best image editing software, the top choices for video editing software, and my full guide to start a blog for beginners.

ishant

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About the Author

Currently working as an Editor in Chief with Ankuraggarwal.in, he is managing all the ins and outs of the content management process and editorial operations. Having an experience of 8 years in the publishing/ e-solution industry, he manages a small freelancing team of fellow editors and has worked with several domains including academics, healthcare, lifestyle and technical writings. He is a stickler for accuracy and loves to read noir-fiction and binge-watch anthologies.

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