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Business Ideas in Puri for 2024 (Low Investment High Profit)

Business Ideas in Puri for 2024 (Low Investment High Profit)

Maximize Festive Season Sales With Fynd Platform

Learn from the masters and cracks the code to festive season sales success with Fynd Platform's Festive Readiness Guide

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Millions of people in Puri popularly celebrate Ratha Yatra and related festivals. Eighty percent economy in Puri is dependent on tourism. Agricultural production of rice, ghee, and vegetables meet the extensive requirements of the temple.

About 20000 people get economic sustenance from the temple. The temple kitchen is the most significant and extensive one in the world. Millions of people attend Puri witnesses 13 major festivals every year and them. A well-developed banking sector in Odisha facilities businesses.  

Statistical table 

Puri's economy Tourism and agriculture
State’s GDP   5.86 lakh crore 

(2021-22)

Puri's Total population 

200564 

(According to 2011 census) 

Females involved in business   Yes
Males involved in business  Yes 

Entrepreneur's Story in Puri  

With the improvement in technology, many people have proved themselves. Devin Yadav is one of them. He has business in various sectors, and at first, he started his liquor business in Orissa. He is a famous entrepreneur in the liquor industry, which is the most profitable.

He always tried to be an entrepreneur, and his business flourished. Devin believes that people become wealthy through perfect investments. He wanted to expand his business and enter the estate world.

Devin also owns a chain of 8-10 hospitals across Orissa. Devin Yadav is the inspiration for the new generations. At an early age, Devin became a business icon and continuously tried to empower himself. Devin Yadav is a successful entrepreneur who has managed his business and personal life well.

What Is a Small Business?

Small businesses are sole proprietors, partnerships, or corporations with fewer employees and less revenue and turnover. Small businesses are eligible for government support and qualify for preferential tax policy.

Small businesses are not separate entities from their owners. Small businesses have evolved, and many people are willing to take up entrepreneurship. These small businesses have become the lifeblood of the Indian economy. Small businesses and startups are two different concepts. Startups aim at growing and becoming big firms.

Reasons To Start a Business

There are plenty of reasons to own a business, and everyone has their point of view. One might be a reason you may not be valid to others. 

  • Be your boss – when you own a business, you make the decisions and hold yourself accountable. You will decide where you will use your finances. You don’t have to bash your head against the wall whenever your boss calls you. 
  • Develop skills – being an entrepreneur; you will develop all the essential entrepreneurial skills you can’t grow by doing a job. There are a lot of skills, such as management skills, teamwork and leadership skills, financial skills, customer service skills, and others. 
  • Turn your passion into profit – you will invest your time and every into things that you love to do. Starting a business builds your vision. 
  • Increase your earnings – businesses have the potential to earn a high income. Initially, you will be struggling with finances, but there are ways to keep you motivated. 

Enumerating Ideas to Kick-Start Business In Puri – 

‍Getting a good business idea seems complicated, but you can quickly start a business to supplement your income. You may already have an idea, but you are looking for a better one. You can create a company with a solid business plan and hard work. So, the Fynd platform has bought you some business ideas that you can go ahead with within Puri –

1. Tourism 

A man camping near the lake

Eighty percent of the city's economy is driven by tourism, which is Puri's most demanding and profitable business. Puri has many tourist attractions, mainly the Jagannath temple.

Despite such a broad scope of income, the tourism industry needs to catch up in many ways. There is great potential in the tourism industry, and it offers various business ideas. It is a boon to you if you love to travel and interact with people. The tourism industry is popularly known as the travel industry.

Tourism comprises and facilitates many industries, such as accommodation, food, transport, and other tourism-related sectors. The tourism industry offers economic benefits.

The industry employs a large number of people. Tourism also facilitates cultural exchange. Before starting a business, you must decide which sector you will focus on. You can begin with transportation services, travel agencies, tour operators, and accommodation. Puri is a tourist attraction and will help you flourish in the tourism business.

2. Clothing Store

Many type of shirt Shown in image

If you are a fashion enthusiast, you can start your clothing boutique or online store. You can create a clothing boutique with impressive designs, inspiring social media accounts, and heavy community involvement.

Opening an online store is equally profitable as a physical store. There are alternatives to opening a clothing boutique-you can make the clothes yourself and sell them, or you can design certain aspects such as graphics or logos. Alternatively, you can dropship the items, but there will be less quality assurance. A clothing boutique creates a more intimate environment.

A clothing boutique attracts people who demand specific clothes. Make a business plan for your boutique, know your target customers, and what ongoing expenses and factors should be considered.

The smaller the clothing boutique, the more profitable it is. If you are a designer, you can design and sell clothes. Starting a clothing boutique is a lucrative and good business idea suitable for women.

3. Food Truck

2 man buying food from food truck

The concept of a food truck is quite popular to get familiar with. You can start a food truck and offer lots of food to the people. Creating a food truck will demand a lot of initial investment, but you can also rent a truck.

Many entrepreneurs begin their businesses by owning a highly profitable food truck. Food trucks provide you with geographic versatility, the potential for high income, and the flexibility to create your menu.

Food trucks are becoming popular all over the world because of the variety they provide at an affordable rate. If you plan to buy a food truck, remember it is a one-time investment.

The number of food trucks is rising, so making a solid business plan is advisable. Food trucks are growing in India, so it is time to enter the market and earn a handsome amount.

4. Candle Making 

3 glass of wax shown in  image

If you want to start a low-investment business, you begin with candle making. The demand for candles in the state is high, and it will prove to be a profitable business. You can make various candles, such as white, decorated, scented, or candles according to the demand. The raw material will be readily available.

If you are beginning with the business for the first time, then you can make the candles at home and sell them. Decorated and scented candles have a big market as they are considered an excellent gifting option.

Once you have maintained good connections with your customers and get regular orders, you will be unstoppable from earning huge profits. If you plan correctly, then candle-making is a highly profitable business.

Making a candle is relatively inexpensive, but it can give good returns. Market your candles properly. A small-scale candle-making business is a great way to earn extra income.

Candle making is best to earn 20-25 thousand a month. The demand for candles in India is additionally high due to the religious faith. Scented candle advertising was esteemed at USD 2.97 billion in 2021 and is anticipated to reach USD 5.02 billion by 2029, at a CAGR of 6.40%, amid the estimated period.

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5. Cashew Nut Processing

many Cashew Nut shown in image

Cashew nut processing is a profitable business that you can operate on a small scale with low investment or start e-commerce. Odisha is a famous state for cashew production. Processing cashew nuts is vital as raw cashews cannot be consumed. Cashew has multiple health benefits, so they are highly demanded.

To start a cashew nut processing business, you must select an appropriate location where the cashews are readily available. This small business can help you earn a handsome amount. People also prefer salted cashew nuts.

During the festive season, the Kaju barfi is highly in demand. Cashews have high nutritional value and are enriched with vitamins. This protein-rich dry fruit boosts the body's energy.

If you can efficiently retain cashews' quality and nutritional value, cashew processing can be advantageous. Make a strategic business plan and hire effective laborers, as this is a labor-intensive business. Starting a cashew processing unit is an ideal business option in Puri.

6. Jute Bags

A piece of jute shown in image

Jute bag making is a small-scale business you can consider starting in Puri. The state is well known for producing jute crops. Many daily-use items are made out of jute. If the use of raw materials is executed in a good way, it can be one of the high-earning businesses.

With a small investment, it will give good returns. You can quickly start a jute business in Puri, as jute will be readily available. Odisha is the fourth-largest producer of jute.

Jute is a naturally found vegetable fiber and the most potent natural fiber. Jute bags are manufactured for commercial trading. Due to the awareness of eco-friendly products and go-green initiatives, jute products have captured the market.

You can make trendy jute bags and products and sell them in the market. The trend for jute bags is also rising. You can also start your jute production unit when you get a good grasp of market potential. Without limiting your creativity, you can earn a good amount of income. Jute bag making is a profitable business idea suitable for all new to entrepreneurship.

7. Food Delivery 

A man delivering pizza

Except for Bhubaneswar, the food delivery system in Odisha needs to be adequate. So, starting a food delivery business with pepper facilities will be lucrative and profitable.

Food delivery services will only demand small investments but will yield good returns. To spread the services, you need to maintain contacts. You can also contact hotels and restaurants and deliver their food to people. Make sure to provide the best services.

The food delivery business is one of the best businesses to start in Puri. Food delivery is a lucrative business opportunity in Odisha, and you can earn a lot of money by broadening your network.

The busy schedule of people doesn’t allow them to cook food, and the food delivery services have facilitated the reach of food to people. Now food is readily available to you from your favorite hotel or restaurant.

Every day, more and more people are drawn towards the food delivery service. To start a food delivery service, you must sacrifice your short-term comfort. You can deliver home-cooked food or get in touch with famous hotels and restaurants and deliver their food to the people.

Before starting a food delivery service, choose your business model. It will be a full-service or partial business model. Make a business plan and know your target audience. The food delivery business is profitable and can be started with low investment.

8. Solar Energy

Solar panel shown in image

‍Some energy business is one of the most profitable businesses across India. A solar energy business in Odisha is the best, as the state is hottest throughout the year. You can supply solar energy at affordable and reasonable rates.

It will help you earn a good amount of income. Solar energy is environmentally friendly. Its demand is rising in the market because it is cost-effective. Starting a solar energy business is considered a gold mine in Odisha. The increased electricity consumption has increased the demand for sustainable energy sources.

The government has also planned several schemes to increase the adaptation of solar energy. The best part of solar energy is that it is free of utility costs. Solar energy is essential to the economy, so a well-drafted business plan is necessary.

Solar energy is highly demanded in the agriculture and industrial sectors. The solar energy business is booming and has a lot of scopes. Initially, you can start solar energy production on a small scale and expand it.

India is invested in tremendous solar energy potential. Almost 5,000 trillion kWh per year vitality is occurrence over India's arrival range, with most parts accepting 4-7 kWh per sq. m per day. The solar power advertise share in India is anticipated to extend by USD 240.42 billion from 2021 to 2026, at a CAGR of 35.24%

9. E-Commerce

A lady using e commerce  website

Starting an e-commerce business is an excellent idea in Puri and all over India. The reason e-commerce businesses will succeed in Odisha because it is situated on the seaside, and items that prevailed in colder regions are unavailable in the state.

These items have a high demand and will fetch good returns. Make sure you start your business in an appropriate location to attract more customers. There are various options available to start in the field of e-commerce.

The flexibility of the e-commerce business is why this business idea is booming. Many small businesses are started through online mode. To create an e-commerce business, select a product or service that you will sell.

Once you have selected the ideal research about its potential market, as the competition is high in the e-commerce business, a would-like business plan and in-depth market research are necessary. The e-commerce business is exploding, so there are possibilities of earning high profits.

10. Franchise

A Starbuck cup shown in image

Owning a franchise is a popular form of starting a small business. A franchise business's most significant advantage is that it has an already established market value and involves low failure risk. Initially, it needs a considerable investment but can get you good returns. Many options are available, such as food franchises, ice cream, pizza, clothing franchises, electronic franchises, and others.

You can buy a franchise according to the demand of people in the area where you are planning to open a franchise. Franchising is one of the successful business models. But buying a franchise is an expensive deal.

With proper research and planning, you can run a profitable business. After doing market research, select a suitable franchise. India is the third-largest consumer of goods and services in the global market.

A franchise is a tried and tested way to enter the Indian market. Buying a franchise can be expensive, but many low-cost franchises are available in India. Starting a franchise is one of the most profitable businesses in India.

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11. Hotel and Restaurant

A hotel shown in image

Puri is a great tourist attraction, and opening a hotel or a restaurant is an ideal business option. It would help if you opened a hotel or a restaurant near a place that receives a lot of tourists. A hotel or a restaurant is a lucrative and profitable business idea.

It is one of the best and most profitable business ideas to start in Puri. Hotels and restaurants belong to the hospitality industry that focuses on leisure rather than basic needs. The hospitality and travel industries are closely related, but they are different in some aspects.

Hotels provide the customer's stay facility, and restaurants offer food. Restaurants include fine dining restaurants, takeaway or fast food restaurants. Hotels and restaurants are lucrative business options that have good returns on investment.

12. Handicrafts Business 

many plates shown in image

You can opt for a handicraft business on a small scale. The state of Odisha is famous for its handicrafts, and visitors often buy them. Handicrafts are one of the best money-making ideas. You can make pottery, terracotta, jute products, and many more.

You can also collaborate with the exporters to sell your products internationally. With quality products, you can create demand for your products. You can also provide your handicrafts business online. Once you are recognized in the market, you can earn high profits. Handicrafts business includes many small businesses such as 

  • Soap making – when it comes to the design, texture, and scent of soaps, you can be as creative as anything 
  • Crochet – you can knit a range of articles 
  • Gift card 
  • Florist 
  • Designer 
  • Basket weaver 

And a lot more things are categorized under the handicrafts business. Puri is famous for its jute products, so you can consider making them and selling them in the local market. You can also create your online store and sell products. Handicrafts are one of the best low-investment business ideas. 

13. Blogging

A lady writing a bolg


Blogging is a home-based business idea that can start with a low investment. To start blogging, you need a good internet connection and a creative mind. It is one of the best income ideas with a low cost.

To become a blogger, buy a domain name, define four niches, and publish your blogs. There is a variety of topics that you can cover in your place. Blogging is a marketing tact that makes a business visible online. The main work of a blogger is to drive traffic to a website.

For a newly established business, it takes work to create customers. To make money being a blogger, you need to be strategic. There are many ways and ample opportunities to monetize your blog.

Blogs are not just written posts. They may also be in video or poster form. Define your niche as a blogger. It is essential to make clear what type of worm you will do. Blogging is a great way to earn full-time or part-time income.

14. Car Rental Services 

 A many rental car shown in image

The tourism industry in Odisha is growing fast, and with increased industrialization, the demand for cars is also rising. The need for car rental services is high in Odisha.

Renting cars is an innovative business idea, to go ahead with. The car rental services may include car reservations and maintenance. Along with renting out cars, you can also offer car wash services. The automobile rental market is developing in India.

A car rental business's primary activity can be scheduling customer reservations and providing cars to rent. You can charge your customers according to the kilometers or time.

As a car rental business owner, you may need help with fleet management, on-demand transportation, etc. The car rental business is a profitable business idea with enormous growth potential. Car rental service is one of the top small business ideas available.

15. Embroidery Unit 

A many thread in basket

The Handloom sector also employs many people. A wide variety is handloom products are produced in the state. An embroidery is a form of ethnic expression. Starting an embroidery unit is a profitable business idea. You can begin a significant business with a small sum of money. Also, you can create your online store.

Embroidery is the most in-demand skill. Embroidery plays a vital role in the handicraft and textile industry. Embroidery on clothes has roots in ancient times. Designing clothes is a lucrative business idea, and Indian women love embroidered dresses.

Embroidered clothes are mainly demanded to create a serious look during the wedding season. Handmade embroidery makes an impressive look. By providing quality embroidery, you can earn good profits. Before starting an embroidery business – 

  • Learn about the custom embroidery 
  • Focus on your target audience 
  • Invest in good machines 
  • Find suppliers 

16. Content writing 

A lady writing content on book

Content writing has become a part of almost every business today. The demand for content writers has increased in the last few years. Content writing is not just writing ideas or blogs; it is a trend nowadays. Companies, organizations, and even small businesses hire content writers for various purposes.

You can also work as a freelance content writer. Many platforms allow you to work as a freelance content writer. As a content writer, you should know everything about content marketing and be ready to wear many hats at once.

Before starting a business, the first thing is to make a business plan that consists of all the factors related to the company. Make sure that you specialize in writing every type of business. It is an excellent idea for today's youth to start as content writers. Content writing is a profitable business; you can do it by being at home.

17. Fruits and Vegetables Export 

grapes shown in image

Fruits and vegetables and other allied products are among the most profitable businesses. Before starting an export business, you should know adequately about the market conditions and what all fruits and vegetables are demanded.

Technical advancement in this field will help you generate a good amount of revenue. The success rate of the fruits and vegetable business is high as people have become health conscious.

If you are dealing in organic fruits and vegetables, it is an exceptional opportunity to control the market with high-quality fruits and vegetables. You can grow the crops and then export them.

Alternatively, you can contact local farmers and ask them to supply good quality fruits and vegetables, and then you can export them. Make sure to ship the fruits and vegetables that are in demand but are not readily available. Maintaining health is a crucial part, and it creates demand for organic fruits and vegetables. Exporting fruits and vegetables is a thriving business.

Conclusion

Odisha’s economy was initially based on agriculture, but slowly it is shifting towards the corporate sector. The state has a well-developed banking network. Odisha is the finest state where you can start a business and earn good returns.

Hotels and tourism are the primary business ideas to start in Puri. You can operate many small businesses on a small scale in Odisha. Odisha is an excellent state to start a business. 

The Fynd platform has provided you with the best profitable business idea you can start in Puri, Odisha. You can also find business ideas in other cities and towns of India too on the Fynd platform.

Puri is a city located in Odisha. Puri is a coastal city situated on the Bay of Bengal. The most famous Jagannath Temple is located in the city; the city is also known as the Sri Jagannatha Dhama. It is one of the Char Dham pilgrimage sites for Hindus. The city's economy depends on the Jagannath temple's religious importance. 

Maximize Festive Season Sales With Fynd Platform

Learn from the masters and cracks the code to festive season sales success with Fynd Platform's Festive Readiness Guide

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FAQ

What are the best franchise options available to buy in Odisha?

There are many franchises available to buy in Odisha. You can buy a franchise in the food sector, blogging, baking, travel and tourism and many others.

What are the profitable business ideas in Odisha?

Jute bag making, food delivery service, solar energy business, tourism business, franchise business, and hospitality business are awesome most profitable business ideas to start in Odisha.

Which business is suitable to start in Puri?

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Travel and tourism and agriculture are the two most profitable and demanding businesses in Puri.

What all businesses can be started under 10k?

Many small businesses can be started under 10 k some of these are –

  • Blogging 
  • Travel agency 
  • Tiffin services 
  • Photography and many more

Do small scale businesses have earning potential?

Yes, small scale business will flourish and earn a high income. But it all depends on your skills and how well to manage your business.

How to start a profitable business?

It start a profitable business you need to do a market research, make your business plan organized and arrange the finances.

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