Chandigarh is one of the richest cities in India accounted for an economy of approximately 41 billion USD which is equal to the economy of Lithuania. In this article, you will get several businesses in Chandigarh that is capable of making you filthy rich.
Governed by the government of Punjab and Haryana, serving as the capital of both the states, the union territory of Chandigarh receives more concentrated attention that works in its favor leading to featuring the city of Chandigarh among the wealthiest towns in the country, offering humongous business opportunities in Chandigarh.
Some of them are:
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1. Food Processing Units
As the union territory undergoes tones of wheat, paddy, and maize production every year, this has fueled the demand for food processing units.
Mostly the cereals that are produced are not consumed directly by consumers in its raw form. The raw material is transformed into food that is easy to make.
Also, there is a demand for Indian processed food in the world market. In addition to this, the government also gives financial assistance for setting up units as a significant quantity of food gets wasted due to a lack of processing facilities. There is untapped growth potential in this business in Chandigarh.
The specialties of Chandigarh have the never-ending list right from its creamy lassi, buttermilk to its fluffy chole bhature, paratha with the butter topping, and Amritsari kulcha, etc. The core Punjabi mouth-watering delicacies satisfy foodie’s taste buds. You can open up this business with decent investment. This is the best business in Chandigarh with assured returns.
3. Recycling Business
The recycling business is both financially and environmentally economical business ideas in Chandigarh. The recycling business offers vast business opportunities in Chandigarh.
You can get engaged in recycling of construction waste, recycling or refurbishment of computers, mobile phones, laptops, other electronic items, electric wire recycling, battery recycling, packaging material recycling, home item recycling, printer cartridges recycling, paper recycling, tire recycling, wood recycling, glass recycling, etc.
You can choose from any of these business opportunities in Chandigarh. It is a highly profitable business in Chandigarh.
4. Traditional Retail Stores
With thousands of inland and foreign tourists flocking in Chandigarh, tourist throng towards such traditional shops that sells exceptional and unique quality products that are not sold anywhere.
Few such articles include Phulkari and Baghs headscarf, dupattas (distinct embroidery technique), desi handcrafted dresses, Punjabi juttis, and Chura for the bride, etc.
These are popular items in Chandigarh. If you are also thinking of some business ideas in Chandigarh to start then opening up this retail store is the best business in Chandigarh.
5. Livestock Farming
This business comprises the rearing of cattle, buffaloes, goats, and sheep. These contribute a considerable portion of the economic growth of Chandigarh.
The territory has a significant amount of livestock and the seriousness of the Chandigarh government is ascertain by the adequate livestock medical treatment facilities and facilities of supplementing livestock numbers by setting up of semen bank in the city.
This is the best business in Chandigarh as it has given a boost to numerous other industries like the dairy industry, wooden industry, meat industry, fiber industry, etc.
You can think of these business ideas in Chandigarh and extract huge money.
See Also: Top 11 Business Ideas In Andhra Pradesh
6. Real Estate Agent
The real estate agent is the best business in Chandigarh currently. In 2018, the real estate business in Chandigarh made a 15% rise in comparison to its previous year.
More significantly, there is a splashing rise in the purchase of small-scale residential properties due to the rising demographics and increasing the bracket of the middle-income groups.
Real estate plays a crucial role in facilitating the sale and purchase of property transactions. In addition to this, there is a rising growth of office space in the vicinity entailing its best business ideas in Chandigarh.
Chandigarh, ‘The city beautiful’ enamored both domestic as well as foreign tourist from across the world. In the year 2018, the city receives around 1542796 of tourists.
The sector got the power boost from is widely acknowledged robust infrastructural development, enhanced hospitality services, and various naturally rich scenic destination sites. Tourism service agencies include operating travel agencies, tour guide services, and tour operator services you can choose any business option.
Your main focus should be providing physical and psychological contentment to the tourist. These offer the best business opportunities in Chandigarh.
8. Taxi Service
The union territory of Chandigarh with its robust road connectivity with proper and well-developed roads, along with rising bracket of the middle income group population led to the spurring growth of taxi services.
The convenient, comfortable, pick up and drop off facility at your doorstep has made its customer-friendly service. You can even start with one taxi and later on expand as the business expands.
It is a highly profitable business idea in Chandigarh. You can also get into Ola and Uber Company by serving as a driver.
9. Computer Repair Service
In every office space, the computer enjoys a ubiquitous presence. As we know that the Chandigarh houses many IT firms that work on computer as a strong work base in its operational mechanism.
This growing work scenario offers exponential demand for these business opportunities in Chandigarh. These regular consumable items require regular repair and maintenance services that make this business, a lucrative business in Chandigarh.
The advent of technology has transformed the way businesses used to operate. Now everything is done on the computer. Every business firms require a bookkeeper to record financial transactions, collecting and paying to the targeted accounts, preparing financial reports.
With increasing companies, the job of the bookkeeper has gained momentum making it new business opportunities in Chandigarh.
You can either freelance your services or get a full- time job in a company. This is the kind of work that can be done from home.
See Also: Top 11 Business Ideas In Pondicherry
11. Digital Marketing Business
With the world presence on the internet platform, it becomes easy for companies to target their potential clients. The ubiquitous presence of the internet and cell phones has given birth to new business ideas in Chandigarh.
One such business is the digital advertising business. Digital advertising refers to advertising on internet platforms that is through social media, emails, search engines, websites, etc.
Companies that are consumer-driven demand skilled professionals that are proficient in carrying out innovative and creative digital marketing. If you also have such skills then these present best businesses in Chandigarh for you.
So these were the top 11 business ideas to start in chandigarh.