Kolkata is relatively difficult when we look at the best places to start and do business in India, however, if you know the procedures and follow the rules, it’s not that tough to get your business off the ground. According to a World Bank Ease of Doing Business report in 2009, Kolkata ranked 17 out of 17 cities surveyed in India.
The process of obtaining trade license in the Kolkata is unique in India and Kolkata Municipal Corporation (KMC) is the central authority which deals with the processing of new trade licenses and the renewals.Well, the legal procedures may be bit tricky, but if you start small and go for simple business idea, you can start successful and with the time you can learn enough to expand your business in the right direction.
Related Reading: 5 Things Indian Startups Should Know about Filing GST Return
This article will discuss the business ideas that are in higher demand in Kolkata and are relatively easier to setup. Let’s start:
1- Tea & Breakfast Corner:
Tea being most popular drink everywhere in India has a huge business potential in cities like Kolkata. With breakfast and snacks ad-ons you can set up a small scale yet profitable business.
2- Fast Food Spot:
Fast food is as popular in Kolkata as in any other city in India. A small shop with an initial investment of Rs. 5,000 -10,000 can have a good scope in just any busy location.
Related Reading: 10 Mobile Food Kiosk Design Ideas
3- Fresh Juice Kiosk:
It’s one of the low cost business idea that can be established within Rs. 5,000 – 7,000. However, success depends on the product you offer and you must have the business set up on right location.
4- Snack Bar:
Let it be inside or outside of a school/college, the setup cost may vary from Rs. 10,000/- to 20,000/, however, the profits are just amazing.
5- Home Based Bakery:
Yes, bakery items are much in demand in Kolkata, and no matter how many bakeries are already there, the new one is always appreciated if it provides fresh and clean products. Setting up a home bakery in Kolkata may cost you Rs. 10,000, however the amount may go up depending upon the business model.
Related Reading: How to Start a Home Based Bakery
A small scale home based tailoring business can easily be started with an investment of Rs. 10,000. All you have to invest in is good machine and a backup for electricity, rest your skill should do!
7- Small Scale Cloth Shop:
People in Kolkata do buy readymade clothes, but a huge population prefers buying the material to get it stitched according to their specifications. This is why the cloth shops are more popular than readymade garments. It can be quite profitable if you start small and target a specific economic group!
8- Readymade Garments:
Well, this one will need a good investment to start, however, the profitability is in finding the cost effective supplier and cheap transportation.
9- Xerox Photo Copier:
The service is much needed in the commercial hubs or else nearby educations institutes. And, all these places do have such services already, but still you can find some hotspots near public courts, government offices etc.
10- Computer Repairing Service:
If you have knowledge and skill, you don’t just need any investment to start a computer repair business, but yes do spend a little amount on getting your business card and start meeting more and more people who can be your potential customers!
11- Digital Studio:
Though smartphone cameras do a lot, people prefer professional photographers to shoot their events. Much of households and businesses require services of a digital studio, and so it can be highly profitable if you have the skill. However, you need an initial investment of at least Rs. 50,000 to set up the computer, UPS, photo quality printer and of course a good digital camera.
How to Start a Photography Business with No Money
12- Videography Business:
Life in Kolkata is busy yet exciting, and people want to preserve their special occasions through a professional videography service. Starting a videography business can be very exciting and profitable as well. All you need to invest is in a good camera which can be bought in Rs. 30,000 to 35,000.
13- Beauty Parlor:
Where there are women, there can be a beauty parlor. Setup cost may vary depending upon the location and the economic group you want to target, however, for a beauty parlor to be highly profitable, you must choose a good location in Kolkata. You can also offer services as a freelance makeup artist to high end customers.
Related Reading: How to Setup Makeup Artist Business
14- Gents Salon:
It’s not women who need to look good, but men too want the same. Setting up a gent’s salon in Kolkata may not need that much amount as ladies parlor requires, but it is as profitable as a ladies beauty parlor and in some cases more than that.
Related Reading: How to Start & Run a Successful Hair Salon Business
15- Tours Company:
Kolkata has a rich history and so there’re lot more to see in Kolkata than you can think of. Explore your own city, create tour packages entertain visitors from outside with a guide to see all the best places in Kolkata. This business needs some investment to hire vehicles and guide with outstanding knowledge about the places.
16- Local Travel Agent:
Life in Kolkata is too busy, and the city hosts a large population from other parts of India. A travel agency dealing in railway reservation, bus reservation, taxi, etc. can be lucrative business in Kolkata, however, it may need a small investment!
5 No Cost Business Ideas for Travel Lovers
17- Small Electronic Shop:
Every residential and commercial unit needs electronic stuff, i.e. fans, heaters, light bulbs, plugs & switches, wires and other stuff is always in demand in any big city like Kolkata!
18- Paint Shop:
Whitewash is a must for just any building at least once every two years, while most of them get it every year. A Paint shop can work great if you have the material and painters both!
19- Events Supplies:
Events happen all across India, and so is the case in Kolkata, people need chairs, pandals, pots, lighting and lot of other stuff for specific events. Find your hotspot and start your business where you offer stuff on hire!
20- Computer Hardware and Accessories Shop:
Buy USB, Blank CD, DVD, Mouse, Keyboard, etc. from wholesale and sell it in local area!
21- Automobile Repair Shop:
The business is quite profitable, doesn’t need any huge investment, and is much in demand, but one must have the skill and proper marketing!
22- Mobile Repair & Accessories:
Just like any other city, Kolkata has the opportunity too, however, you must have the skill!
23- Tuition Centre:
It may not need any investment at all if you are targeting primary classes. You can start in right in your room. However, if you plan to offer tuition services to higher classes, you may need to spend some amount on promotion and also on the space (if you plan group coaching).
24- Plants Nursery:
This business doesn’t need much investment, but needs extensive care to manage the plants. On the other hand you must first know who you want to sell the plants, and then device your strategy accordingly.
25- Day Care:
Yes, working class in Kolkata where both husband and wife are on job do need a day care. However, to stat such a business from home, you must have a bigger space for safe kids play.
26- Online Trading Business:
You can buy long life items from wholesale and sell them online, i.e. jewelry, cosmetics, accessories, cloth materials, T shirts and whatever else you can find from your research on local market!
All you need to have is good writing skills and subject knowledge and blogging can prove to be a great business. Though it suits almost everyone, stay at home mommies/housewives and students can make better use of it!
The Bottom Line:
There may be some difficulties in starting up a new business in Kolkata, but where in the world you don’t find challenges while starting up. So, if you are serious about starting your own business in Kolkata, start small, and grow it gradually; the opportunities are unlimited and things will be easy as you learn the business tactics.