Cuttack is a city in Odisha situated on the eastern side of India. In the north flows the Mahanadi River, and the Kathajodi River in the south. It is the birthplace of the legend Netaji Subhash Chandra Bose. It is also famous for the festival of Durga Puja. It has the biggest port in India. It is known for its handicraft items and agricultural products.

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This city is also famous for its beautiful wildlife and old ruins. Cuttack is known as the Silver City and the Millennium City due to its world-famous silver filigree works and its thousand years old history. It was an ancient military cantonment founded by Maharaja Markat Keshari of the Keshari Dynasty. Cuttack is a metropolitan city as it comes under the municipal corporation, providing many opportunities to start your own business here.
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Statistical Data

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An Entrepreneur's Story 

Srikumar Misra is an Indian entrepreneur. He is the founder, MD and CEO of Milk Mantra, an Odisha-based company selling dairy food products. Srikumar is the former director of Tetley. He, along with Rashima Misra and Lt.Col Ashit Mahapatra, founded the Milk mantra in 2009 to provide fresh and healthy dairy food products to consumers as, at that time, the market was filled with unhealthy and contaminated food.

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It is India's first VC operational agri-foods startup. It first came into operation in 2012. It started to provide milk to the people as a scarcity of milk had aroused at that time in Odisha, but it turned out to be a great startup. Their products are Milk, Curd, Buttermilk, Lassi, Cottage cheese, Probiotic curd, Misti Dahi, Chocolate Chhenapoda and Chhenapoda.

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Business Ideas in Cuttack 

Business is one of the most effective methods of being financially independent and working on your terms; only you must select and pursue the right business idea for yourself. Here are some top trending business ideas for small and large businesses in Cuttack with large-scale market opportunities.

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1. Food Industry

Tourists widely visit Cuttack throughout the year. They stay there, and as a result, good food becomes essential for them. So, the food industry is a very profitable and popular business opportunity in the city.

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Tourists visiting the city stay, relax, enjoy the meals in the hotels and restaurants and fulfil their needs. The food industry consists of various things like -packaging, transportation, production, processing, distribution, preservation and certification of food products.

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To grow your business in the food industry, you must choose the most visited places, like those that remain crowded throughout the year and attract many tourists.

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Also, your staff must maintain proper hygiene and use natural products when preparing food. It would help if you looked at customer satisfaction and safety and maintained a good quality of products. You can also open your online store and take online orders.

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2. E-commerce Business 

An e-commerce business is the buying and selling of goods and services through the help of the internet. The e-commerce business is growing rapidly, so starting an ecommerce business is a great idea, but this business requires you to be tech-savvy. 

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With the help of e-commerce, you can easily import foreign items and sell them in your nearby areas. The e-commerce business is growing rapidly and requires commitment and good knowledge. Some popular e-commerce platforms are Flipkart, Amazon, Myntra, etc.

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In 2024, the Indian ecommerce showcase is anticipated to extend by 21.5%, reaching US$ 74.8 billion. India’s e-commerce market is anticipated to reach US$ 350 billion by 2030. You can easily take help from an online platform if you are willing to start an ecommerce business. 

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3. Handicraft

A handicraft business is the production and sale of handmade items. The word handicraft also means "skill of the hand". Handicraft items are popular because they are handmade, and often handmade products last longer than machine-made ones. Cuttack is famous worldwide for its handicraft items.

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The terracotta, pottery, horn work and textile industries are in great demand. To flourish this business, you must sell these products online and offline. Online medium, these days, is a very good medium to sell these products.

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You only have to take the help of a good manufacturer or company to get the products quickly and tie up with the online selling platforms; this will provide you with a good opportunity to earn money and gain profit.

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4. Online Classes

We all know how the Covid-19 pandemic created a miserable conditions in the world. Due to this pandemic, the educational sector was hampered in schools, colleges, and other institutes, after which online education was introduced everywhere so that the education sector did not suffer much during the pandemic.

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This made education fun and convenient and has become the most convenient study method. Professional teachers use this method to conduct classes, interviews, webinars, etc.

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You can also start online classes as a business if you love teaching and interacting with children and can handle them well; you must ensure you have a great knowledge of the subject you plan to teach

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Also, you must have the required skills, proper knowledge about online classes, and a small amount of money for investment; you can even make your courses and sell online.

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5. Jewellery and Embroidery

Jewellery-making and embroidery are small but flourishing businesses in Cuttack. They need very minimal investment, but you can gain a good amount of profit from this business. Jewellery is one of the most important parts of a woman's life. They are very much passionate about jewellery. Without jewellery, their outfit somewhat remains incomplete.

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Even men are also fond of wearing jewellery. The jewellery and embroidery businesses are very famous in Odisha as the artisans express their culture, ethnicity and heritage through the jewellery and embroidery work.

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The jewellery and embroidery are hand woven, making it more famous and attracting local and global buyers. You may also start your online jewellery business, adding more earnings.

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6. General Store

This is one of the most efficient, cheap, and profitable small business ideas. If you want to do good business with the shop owner, the best way is to open a shop and sell all kinds of items. It is a variety store where many items are kept and sold, like groceries, pens, paper, toys, food items, sanitary pads, etc.

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If you keep these varieties of things in one shop, many consumers will buy the products as they will get most of them from one place. You can also start delivering items to the doorstep, giving you more orders. A store like this is also a very good place for chatterboxes.

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People love gathering in this store, discussing various topics, and sharing their views and opinions; this will not affect your business but will make it grow.

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7. Candles Making

At present, the business of candle making is also growing very well. It is a hassle-free business, requires minimal investment and the raw materials are easily available. Candles were first used when there was a power cut, but people currently utilise candles in many ways.

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Mainly candles are used widely as a medium to spread love and peace. Also, in many households, candles are used as showpieces and kept in various designed candle stands.

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The trend of keeping differently designed candles is also growing; people love buying them and keeping them in their homes. You can sell candles online and offline by making them at home. Also, you can make more money by selling fancy, decorative and traditional design candles, which are popular among buyers.  

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8. Content Writing

Starting a content writing business or agency is a very good idea for passionate writers. Content writing is one of the most demandable businesses these days. Content writing involves good writers who have efficient writing and reading skills. You can make easy money through content writing.

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A team of writers of different genres should be hired to offer writing to people; it will also attract more readers. Content writing does not involve a lot of time, so you consider it a part-time income source.

You don't need any investment to start this business, though you must spend time researching and writing on the topic.

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You can also work under a single company or more than one. You can build a website for your business. The Fynd platform will give you a step by step guidance.

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9.  Blogging

Blogging is a very effective and easy way to earn money. You must pick a profitable blogging idea and start publishing it as an article on various websites or you can create your own website. Blogging is a trendy business in Cuttack; you only have to identify your niche, write meaningful content on various topics and publish articles online. 

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Blogging may be of many kinds -

1. Travel Blog
2. Fashion Blog
3. Food Blog
4. Finance Blog 
5. Marketing Blog
6. Lifestyle Blog 
7. Health and Fitness Blog

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These are some of the genres you can pick to start your career in blogging. The focus and consistency will make your blog more demandable. 

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10. Computer Training

Starting a computer training institute will be a great way to earn money if you are a computer professional. To run a computer training institute, you must first understand the local market. Apart from computer training, if you add some other facilities, then it will bring you more profit.

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The importance of computers in the present is known to all. Computers have become a very important part of our lifestyle. So, this business idea will surely earn you a huge profit.

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The worldwide IT preparing market came to an esteem of US$ 70.2 Billion in 2021. Looking forward, IMARC Group anticipates the advertisement to reach US$ 87.3 Billion by 2027, showing a CAGR of 3.9% amid 2022-2027. 

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Even the state capital Bhubaneswar has several computer Universities and the famous IIT. Thus, it will be a great opportunity for Cuttack to establish and do business in a computer training institute.

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11. Digital Marketing

Digital marketing is rapidly growing and will be a good option for business in 2024. Though the concept of digital marketing was introduced a few years back, it gained more importance during the Covid-19 pandemic.

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Most of the platforms started to use the method of digital marketing as it is a very efficient way to spread any business, and we all know the popularity of the online market. Due to the increased demand for digital marketing jobs worldwide, companies need to increase their online visibility.

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Through an online medium, you can do almost everything. You must first join certain companies with a huge hold on social media platforms and create or edit videos for them. You can work as an SEO specialist and handle official business accounts on various social media platforms.

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12. Franchise Business

Investment is the additional source of income one can get after pursuing something over a certain period. When a person purchases any item as an investment, the duty is not to consume the good but to keep it and use it in the future to raise wealth; it is known as an investment in the business.

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It is also a popular business idea; you have to buy a franchise and have to invest in it to generate profit from it in the future. To get a large amount of profit, you have to invest a large amount of money. Popular franchises where you can invest are electronics, food, clothing, etc. On the one hand, this business idea is especially for people with a good amount of money.

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13. Solar Energy Business

Electricity is being used so much that there is currently a scarcity in coal production. So, many people have started to utilize solar energy for electricity. Solar energy businesses need minimal investment, and installing solar panels is easy.

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A 2-kilowatt solar panel receives 10 hours of sunlight and then produces ten units of electricity daily. The solar energy business is ranked number one in profit margin. Moreover, it is India's most profitable industry at present.

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Cuttack receives a very good amount of sunlight throughout the year, making the business of solar energy a profitable one. The solar energy business will also grow more rapidly in the coming years. If you are willing to start a business on solar energy in 2024, then you should go for it.
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14. Eco - Packaging 

Nowadays, e-commerce is growing very rapidly. It is very much famous among the present generation. It is said that by 2025, global e-commerce will explode further, approximately by over a trillion dollars.

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Moreover, the craze of online shopping among individuals requires branded packaging, not local packaging. According to the EPA, discarded packaging is a major part of solid waste.

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At present, the use of plastic bags is banned in most places. So, plenty of companies of all sizes look for biodegradable, sustainable and eco-friendly ways to sell their products to consumers. Thus, an eco-friendly company is a demandable business idea to start.

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15. Organic Spa or Salon 

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Spa and Saloon business will never fade as people search for ways to pamper themselves. According to many reports, a beauty salon or spa that uses only organic or eco-friendly products will attract more people, and this market will grow easily.

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Many people are setting up mobile and door-to-door services for their spas and salons, resulting in good business strategies. Also, things like makeup, nail art and specializing in hairstyling are very popular nowadays. Thus, it is also a very profitable business idea.

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16. Store for Luxury Goods 

People love decorating their homes, office, workplace, etc., with various luxurious, catchy items. The selling of luxurious items by renowned companies started in the Renaissance period. People like to showcase their brands, and as a result, the brand value always remains high.

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People purchase many old valuable items, especially from auctions with a high prices. For these kinds of people, price is not a factor, and if you open this kind of luxury item store, you will gain a huge profit from selling those products. And today, it is a flourishing sustainable business idea.

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Also, second-hand item-selling business are very much popular, and studies project that they will triple the value in the upcoming years than today.

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17. Eco-friendly Cleaning

Cleanliness is one of the most important things in one's day-to-day lifestyle. Thus, maintaining neat and clean surroundings keeps you safe from various diseases. When you enter a freshly cleaned house, it refreshes you; this is one of life's small pleasures.

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Suppose you are part of an eco-friendly cleaning business; in that case, you can easily invite people to your private homes or any business workplace by using only green eco-friendly products attracting many people.

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The cost to start a green cleaning service is minimal and very easy and mobile. You only have to maintain proper cleanliness and tidiness. You can also get easy access and help from the government if you want to start this kind of business.

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18.  Product Review

It is a simple, efficient home-based small business; you can earn much money through it. You have to review certain products, share your opinions, their pros and cons and help people to know about the product. Many genuine sites offer you product review jobs.

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Product review sounds like a small business but is a widely spread business idea. It can further result in a larger business if you understand it properly. Many big companies hire people to review their products, giving them a good amount of money. Also, if you are well acquainted with online platforms, you can start your product by reviewing a website or creating a YouTube channel.

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Many big YouTube channels have millions of subscribers just by reviewing certain products. The most common and efficient product review item is electronics. People are very anxious about electronic products and always visit these sites for better understanding before purchasing anything.

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19. Jute Manufacture

As everyone knows, Odisha is the fourth-largest producer of Jute; Jute is abundantly available in Odisha and its states. You can easily start a Jute manufacturing business or make jute products like - carpets, bags, clothes, chairs, tables, etc.

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Also, in the present time, the use of plastic bags is boycotted in many places, and they are replaced with jute bags making the manufacturing of Jute wide.

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Jute sack bags are the most used and always in demand in the market. Thus, Jute's business is very profitable. All you have to take care of is the procedure of producing the raw material and making handy products from it.

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20. Import and Export

The import and export business is a very old business that has existed for ages. It will be huge and profitable if anyone can do this business with full potential. The cost of starting an import and export business is not very much expensive.

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The things imported and exported mainly in India are petroleum products, automobiles and jewellery. The business of import and export is very profitable. The state of Odisha has been considered "The Champion State" in import and export.

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The items generally imported and exported are clothes, minerals, medicines, pharmaceuticals, jewellery, raw materials, vegetables, oil, leather products, etc. Thus, the export and import business will be a good ideas+ for a business, rewarding you with good profit.

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21. Food Delivery Services

The business of delivering food is a very rapidly growing business. Providing food door-to-door is a very profitable business idea, and people love such services. It is also a very low-cost business. In the food delivery business, orders are received online through apps, websites, or phones.

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The orders should be in your business connectivity range, which could be for their kitchen or another food provider you are partnered with. for food delivery apps, delivery and cooking time is allotted. So, it would help if you worked very fast. 

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‍You have to keep in contact with several hotels, restaurants and shops from where you will collect the food items according to the order from the customers. Also, it would help if you kept a good connection to the areas where you will deliver food. The most important thing is that you have to provide the best service to the customers. 

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22. Rental Services

As the tourism industry is very popular in Cuttack, it provides a huge platform for business in rental services. Many people rent items they don't want to buy during their travel; they are rented for a certain period. They must pay extra if they cannot return the item within the allotted time.

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This way, you can make a huge profit through the rental business. Some of the best rental businesses you can do are : 

• Car rental services
• Audio equipment renting
• ATM space renting
• Coffee machine renting
• Book renting 
• Billboard renting
• Decorators business 
• Construction equipment renting, and many more. 

 These are some of the best rental business ideas you can use to earn money. 

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23. Business of Nuts

Dry fruit and nuts serve the health of the human body. Nuts are less expensive, tasty, easy to store and healthy. Eating nuts also cures many diseases and eradicates the deficiency of vitamins and protein. Thus, Doing a Nuts business is a very good way to earn money.

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Nuts are must-have food items; many nuts, including peanuts, cashew nuts, almonds, walnuts, etc., are famous and found in every household; they are also used in many dishes, especially cakes.

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Cuttack has a large nut processing unit, a very profitable investment with minimal investment. Odisha is a huge producer of cashew nuts, making abundant availability of cashew nuts in the market. Though this business looks small, you can profit from it.

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24. Ecotourism

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Ecotourism is the kind of tourism that creates awareness among people about environmental conservation. Ecotourism is mainly done in natural areas, and many people work to improve the environment and the well-being of the locality. Ecotourism is a very good business idea.

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Odisha and its cities have some breathtaking locations inviting tourists from all over the world. These destinations are perfect for holidays and also for starting a business. Some locations are - Chilika lake, wildlife sanctuary, parks, rivers, etc. Hence, ecotourism is a very profitable business to start in Cuttack.

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Also, through this business, you promote the protection of flora and fauna. You only need some knowledge about the basic concepts of ecotourism and some investment to start this business.

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25. Manufacturing Beauty Products

Manufacturing beauty products is one of the most profitable and successful business ideas. Everyone knows how popular beauty products are and how they are sold in abundance. People love to groom themselves, so manufacturing beauty products is increasing daily.

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Herbal beauty products are also very much in demand in the market. They are less harmful to the skin and made with natural ingredients, antioxidants, and natural vitamins.

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It would help if you tied up with a popular and famous brand to maintain a profitable business in the market. You can concentrate on selling one particular beauty product or many. Selling all kinds of beauty products is better as it will attract many more consumers.
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Conclusion

Cuttack is a very good place to start a new business. It has its own culture and ethnicity, based on which you can start any business. There are scopes of establishing many local, modern-style, or trending businesses; whether small or large, it does not matter. With the help of the Fynd Platform, one can take their business online and globally. Hope this article has helped you to select your favourite business idea.