Are you on the prowl for business ideas in Pondicherry? Give respite to your chase because in this article, you will get some amazing and profitable business ideas in Pondicherry that will satiate your business thirst.
Although a geographically tiny territory sitting on the Coromandel Coast of Indian subcontinent, the spurring business in Pondicherry speaks a different story altogether.
I am going to present few profitable business ideas in Pondicherry. These are key business in Pondicherry on which its economy sails.
If you are looking for new business opportunities in Pondicherry then, here goes the list.
The most prominent business in Pondicherry is tourism. The union territory received maximum domestic and foreign tourists in 2017 that accounts for more than 16.5 lakhs giving a major power boost to its economy. There is steady increase in this business idea in Pondicherry every successive year. You can also reap financial advantage of this splashing business in Pondicherry. There are many places of worship of major religions, gardens and parks, monuments and especially Sri Aurobindo Ashram and Auroville that welcome people from all over to world to live in harmony. You can become a tour operator.
Brewpub holds a significant growth as new business opportunities in Pondicherry. This is because as the foreign inflow is substantial enough to run this business successfully as the lot that flock in are inclined towards consuming alcoholic drinks. Moreover, the territory receives more locals from nearby cities of Chennai and Bangalore during weekend to drink as the territory has low taxation on alcoholic drinks. This has given a boost to these business ideas in Pondicherry.
One of the key drivers of Pondicherry’s economy is fisheries. As the union territory dwells on the coastal area, it has greater access to the water resources that harvest substantially huge amount of fishes. Every year Pondicherry produce thousand metric tons of fishes and every year production remains higher than previous year. There is huge demand for seafood outside at higher prices. Get started with these business ideas in Pondicherry to earn substantial money. Slew of incentives has been provided by the government of Pondicherry for improving, enhancing and increasing this business in Pondicherry. Also, this business has revitalized the business prospects of allied services like cold fridge transportation services, packaging units, etc.
4. Food processing business
There is wide scope for food processing business in Pondicherry given the fact that economy is driven mainly by agriculture and fisheries business. You can open up a agro food processing unit or fisheries processing units. It is of utmost importance to pay attention to high quality of product, food safety and complying with regulations and proper packing of the product. You can open up these business ideas in Pondicherry at decent amount.
5. Recreational classes
You can earn a decent amount by running recreational classes in Pondicherry. If you are a fitness enthusiast then you can start yoga or Pilates exercise. Even a single session will earn you enough. You can also conduct art and craft classes like pottery, clay and terracotta art, traditional art, ayurveda classes, etc. These business ideas in Pondicherry will help you earn decent money.
6. Spa and beauty services
Setting up Spas and massage centres are flourishing business ideas in Pondicherry. This is highly profitable business in Pondicherry as the place receives many high- income yielding customers that don’t mind spending on rejuvenating experience. Set up your spa near resorts or hotels to attract more customers. Provide variety of services like Ayurveda massage, acupuncture therapy, acupressure massage, etc. This offers new business opportunities in Pondicherry.
For Starting a Restaurant business in Pondicherry you need to give something extra to gain something extra which means that despite the taste of the food that entice foodies matters the most, offer variety of international cuisines along with the native core South Indian food. Also pay attention to the interiors of the restaurant that makes things all the more attractive and delightful ambiance. Don’t forget to set the price keeping the affordability in mind. These are the lucrative business ideas in Pondicherry.
8. Leather products
Pondicherry houses many leather products manufacturing units that produce variety of leather made items to sell it to the customers. They produce footwear, bags, belts, purse, wallets, decorative items, etc. There are priced at higher rates and thus has good profit margins. Ensuring the success of this business depend upon targeting the potential customers that is high income group. Also, you can export these leather- made items and earn huge profits.
9. Eco- tourism
These are new business opportunities in Pondicherry. Ecotourism is the tourism that entertains tourists without causing any harm to the surrounding nature. Eco tourism ensures that the local community and wildlife remains intact. The activities include passively watching and photographing wild animals in their natural habitat, watching captive animals in zoological parks, horse riding, elephant riding or camel riding, etc. Eco- tourism is attracting more and more attention given the environmentally aware and conscious people. The business in Pondicherry has high growth potential given the abutted wildlife and natural habitat in the territory.
10. Adventurous sport
You can offer various water activities to the tourists to have soul-stirring experience like scuba diving, houseboat ride, jet skiing, kayaking, canoeing, backwater sailing, overnight camping, get surfing lessons, etc. This business in Pondicherry offers delightful, serene, fun- filled and unforgettable experience to the tourist. To start any of these business ideas in Pondicherry, the investment cost is not too high. Once invested, you are going to get huge profits out of it for a long term.
You can set up a store of handicrafts to sell out wooden carved and terracotta exquisite designs. Pondicherry’s artisans excelled in terracotta art and wood carving art. There are numerous things that are carved out of wood which are toys, household things, decorative art, etc; also jewellery, decorative objects, utensils are made of clay and terracotta. You can set up your stall near the tourist visiting spot. This is highly profitable business in Pondicherry as the profit margin is quite high. The handicrafts that are available at Rs.100 can be sold out twice its prices to outsiders. You can also export these handicrafts that have high value outside.
So these were the top 11 business ideas in pondicherry.