Gurugram is one of the famous cities in Haryana. Over time, it has transformed into a modern and futuristic city. Previously, Gurugram was underdeveloped, but now it has become India’s third-largest financial and industrial hub. Many multinational companies have established offices in Gurugram. The city comprises 193 villages with a population of 15,14,085 and a literacy rate of 84.4%. Starting a business in Gurugram would be a better move although it requires an investment of at least Rs 15 to 20 lakh. However, some individuals may not be able to make such a significant investment. For them, we can suggest small business ideas to start in Gurugram.
1. Ice Cream Parlour
Ice cream is a popular treat enjoyed by many. Its sales peak during the summer months as it provides a refreshing and cooling sensation. If you want to start an ice cream business, you’ll need to make your ice cream and package it with your logo. Alternatively, one can opt to franchise a well-known ice cream brand. However, franchising may result in lower profit margins compared to manufacturing. The annual growth rate of the ice cream market is projected to be 4.53% from 2024 to 2028. An initial investment of Rs 1.5 to 2.5 lakh is necessary to establish an ice cream parlour.
2. Salon
Nowadays, personal care has become a top priority for people, especially the younger generation. They want to look their best all the time. Over the past few years, the Indian salon industry has experienced significant growth. During wedding season, it’s almost impossible to get an appointment for grooming at a salon as customers have already made prior bookings. The Indian salon industry is projected to achieve a market value of INR 1.75 trillion by 2026, with a compound annual growth rate (CAGR) of 15% from 2021 to 2026.
3. Juice Corner
As a result of growing consciousness, individuals have become aware that packaged juices contain added sugar and chemicals. Packed juice gives fewer benefits to our bodies compared to fresh juice. Owing to their hectic lifestyles, people tend to opt for purchasing juice from external sources rather than making it at home. The demand for pineapple, orange, apple, pomegranate, and grape juice is high. The juice market is forecasted to grow at a rate of 11.79% annually from 2024 to 2029, reaching a market size of US$112.80m by 2029.
4. Fast Food Shop
Nowadays children love to eat fast food. The urban areas exhibit a greater desire for fast food compared to rural regions. Fast food menus usually have burgers, fries, sandwiches, pizza, and other items that are quick to make and serve. The profit margin in the fast food business is higher. The projected growth rate (CAGR) of the Indian fast food market size is expected to be 9.72% from 2024 to 2032. Opening a fast food shop requires a minimum investment of Rs 2.5-3.5 lakh. The fast food shop is a better choice among small business ideas to start in Gurugram.
5. Real Estate Broker
The real estate sector remains booming in a metropolitan city like Gurugram. You can earn a good commission by becoming a broker in real estate. To begin this business, you need to have strong communication skills and be persuasive so you can help customers pick the right commercial or residential property. With the growing population, there is a high demand for apartments and flats. As you build your connections, you’ll get more clients and have the chance to earn even more money.
6. Chatbot Marketing
Chatbot service is going to be one of the booming businesses in the coming years. It is a software that uses artificial intelligence to have human-like conversations with users. The software comes with pre-filled queries and automatically sends responses when someone asks those queries. Chatbot services are used across various industries.
7. Become a Chef
If you enjoy cooking, you have the opportunity to become a private chef. With busy schedules, many people struggle to find time to cook, especially in the evenings. As a result, they seek out personalized chefs who can prepare meals for them. Some individuals have dietary restrictions or struggle with deciding what to eat every day, making a personalized chef even more appealing. This can also be a part-time business venture. If you are skilled in cooking and can create innovative dishes, you can make a good amount of money as a chef.
8. Affiliate Marketing
If you’re looking to get into an online business without spending a lot of money, then affiliate marketing will be the best. In affiliate marketing, you have to sell the products or services of a company and in return, you get a commission. Many affiliate programs provide a commission of up to 60-70%.
Types of Affiliate Marketing Models:
- Pay-Per-Sale (PPS)
- Pay-Per-Lead (PPL)
- Pay-Per-click (PPC)
9. Domain Reseller
If a company wants to establish itself online with a website, it requires a domain. A domain serves as the address of a website that users search for and visit. Each business needs a special name. If someone wants to buy a domain name but it’s already taken by you, then they can pay you a good amount of money to acquire that domain name.
10. Service for parking vehicles
If you have a plot that is not useful, you can transform it into a parking facility. With the rising number of private vehicles on the roads, the demand for parking spaces is high. By offering affordable parking rates, you can attract more customers and capitalize on the growing sales of cars and motorcycles. This business venture can be particularly successful in areas where parking facilities are scarce.
11. Language Translation Services
Nowadays, there is a vast amount of content that organizations want to share with people. As a result, there is a great need for translation services. Finding reliable translation services can be quite challenging. However, if you are proficient in two languages, you can consider starting your own translation business or to become a mediator, you need to carefully select individuals who are experts in language translation and connect them with companies or clients who require translation services.
Final Words
The mentioned business ideas are the best small business ideas to start in Gurugram. If you choose any of these businesses, there are high chance that your business will be successful because these business ideas are unique. Running a business is not just about how much time you devote to it, but how well you do it. This way, our business can reach new heights!
