Does everyone know what Assam is famous for? I know You thinking about Jade Green Tea & Assam silk Alight, but you miss a lot of things like food, business, traditional culture of Assam and Special one is the natural beauty of Assam.
Okay, now move to the main topic of this post. Which business you can start in Assam and some new business ideas in Assam.
A treasure trove of financially attractive business opportunities in Assam delivers more than it promises to the aspiring business entrepreneurs. Don’t think twice about catching hold of business ideas in Assam that you encounter as you read along.
Here List of 12 Latest Business ideas in Assam
Table of Contents
The state treasure myriads of historical monuments that are widely known and famous for their cultural richness, magnificence, architectural precision and exuberance such as Khaspur, Charaideo, Sukapha Samant Kshetra, Patharughat Shaheed Minar, Hajo Powa Mecca, especially one of them even dated back to 1746 A.D. that is Rang Ghar, regarded as the Asia’s oldest amphitheater surviving till today.
Besides, the magnanimous natural beauty, its national parks, alluring landscapes, tea plantation gardens, biodiversity, and the Assam tea festival is a treat to watch. Taking a respite from the dirt, dust and dead ends, people from all over India seek sanctuary in the immaculate veritable paradise of Assam.
Owing to a plethora of opportunities, aspiring entertainment trying to make their name in the tourism industry offers plenty of business ideas in Assam. Do the market research to furnish you with whatever is necessary to be done.
2. Tea plantation
Assam is a world- acknowledged the largest producer of the finest quality of Tea. Starting up tea business in Assam can turn out to be a money-spinner for reasons such as the state of Assam treasures finest, purest, high quality of production; the health benefits attached, Tea is the favorite and age-old beverage drink for people of all class in India and the tea that is produced in Assam has huge market abroad.
All these factors ascertain that these present the best business ideas in Assam. You can start this business in Assam with capital investment. Conduct feasibility studies, know your competitors, create a plan, find tea leaf suppliers, packaging material, set up your plant, formulate a strong distribution network, legal procedures to smoothly sail through these small business ideas in Assam.
Assam has been practicing sericulture since beyond the reach of memory and consequently end up becoming the supreme leader in Muga silk and Eri silk production in the world. Also, the state is contributing adequately to Mulberry silk production.
Assam being the gateway to Northeastern state and neighboring countries provide easy availability and access to the market that has facilitated the growth of this business in Assam. The silk that is produced exclusively in Assam has a huge market nationally and internationally. You can make millions out of these business opportunities in Assam.
4. Bhut Jolokia production
It is the hottest chili in the world that is grown in India’s northeastern states. Assam offers conducive climatic conditions for the production of these chilly, presenting good business opportunities in Assam.
Despite the price is so high that is Rs. 2100/kg (approx), the demand for Jolokia records an upward trend owing to its usage in food, spices, pickles, chili sauces, dips, defense uses by army, as self- defense product and medicinal use in reducing Asthma, treatment of arthritis, toothache and muscle pain relief and a solution to summer heat.
The factors that make it best business in Assam are the favorable climatic conditions, rich soil and the availability of skilled labor at low cost. This small business in Assam will bag you lakhs of money certainly.
5. Processing Unit
Bhut Jolokia processing units is a thriving business in Assam. Bhut Jolokia is a highly perishable food item because of its high water content that needs to be timely processed and preserved to increase the shelf life of the product.
The procedure involved dry smoking. These present the new business ideas in Assam whose demand is ever-increasing because it is not possible to export Jolokia in adjoining states or countries without being processed. You can start this as small business in Assam with huge returns.
6. Vermicompost organic Fertilizers business
Vermicompost is the process used for the production of organic fertilizers. The process involves the conversion of organic waste into fertilizer with the use of earthworms.
The final product act as a natural soil amender, enrichment of the soil, chemical-free, and nutrition filled produce, higher retention water level and increase and improves the quality of yield.
The environmentally friendly qualities and countering the serious hazard of landfills have made it a popular business. All these factors contribute towards having organic nutrients filled crop yield and the organically grown crops have a great market value in the market. You can make a lot of money out of these business opportunities in Assam.
Fish consumption is overwhelmingly high in Assam with its 90% fish consuming population. In order to meet the state demand, the state imports a huge quantity of fish from other fish producing states.
The state has many water bodies, rivers, canal, etc which still has not realized its full potential. The government is aiming at bringing idle water bodies into usage and is promoting aquaculture to boost fish production in the state.
To supply for the demand several launched Government initiatives and schemes have these new business ideas in Assam a profitable business prospect.
8. Wood business
Assam is abode to the most expensive Agar tree in the world. Agarwood is most valued because of its resin resources, its application in perfumery business because of its aromatic fragrance, and the wood that has wider usage.
These offer a wider range of business opportunities in Assam. Along with it, it has helped in the restoration of soil and combats environmental pollution. One with the necessary knowledge and skills can cash in sizeable money from this business in Assam.
9. Textile business
Since the state is a leader in the production of high quality and high quantity silk, it has given a significant push to the textile industry. Silk made apparel and garments present an evergreen fashion in India as well as outside. Because of its finest quality product and its leadership in the MUGA and ERI silk production contributed towards its huge demand in the international market.
You can either set up a textile manufacturing unit or can engage in dealership of silk domestically and internationally. These offer the best business in Assam.
10. Incense stick business
The abundant availability of Agarwood in the state makes it easier and profitable for business ideas in Assam. Just to give perspective, India is a world leader in the production and export of incense stick all over the world and Assam houses the most expensive agarwood that is used in the production of aroma filled incense stick with wider market both in India and abroad.
11. Candle Making
Assam has a progressively flourishing candle industry. The availability of wax, skilled labor, government benefits, and profitability has made it money-spinner. In today’s age and times, candles have transformed from a necessity to a decorative item. Start now, to bag big money.
12. Tea shop
Assam has a lot of famous variety of tea to offer like black tea, red tea, white and green tree, etc. All that you need is physical space and tea supply. Locate your tea shop near the tourist spot to attract more and more customers.