Small Business IDEAS in Andhra Pradesh
Andhra Pradesh (AP) is located on the Southern peninsula of India. It has a coastline of 974 km. The state has well-developed social, physical and industrial infrastructure and virtual connectivity. It also has good power, airport, IT and port infrastructure. At current prices, Andhra Pradesh’s gross state domestic product (GSDP) was estimated at US$ 85.8 billion over 2014-15.
Andhra Pradesh is historically called the “Rice Bowl of India”. More than 77% of its crop is rice. It is the first state in the country to have enacted the Industrial Single Window Clearance. The Act made it compulsory for new industries to register with the single-window to obtain clearances quickly. It also simplified procedures for getting industrial clearances. The state also has separate acts for development in sectors such as solar power, electronic hardware and food processing.
The key industry sectors are Agro and food-based, biotechnology, bulk drugs and pharmaceuticals, IT and ITeS, textile and leather, tourism, automotive and auto components, gems and jewellery. Here you will find a list of top 10 small business ideas in Andhra Pradesh to start with small startup capital.
#1. Ecotourism
Tropical forests, rivers, hills and caves make it a popular ecotourism destination. Beaches line the Bay of Bengal, offering spots for swimming and surfing. The primary objective of the Eco-Tourism is to showcase the natural resource to different segments of the society, for viewing the nature and the natural processes for educational, recreational values and to propagate the message of environmental conservation. Ecotourism is one of the most profitable small business ideas in Andhra Pradesh.
#2. Food Truck
Food trucks have been a source of growing interest for the food and restaurant industry, and for good reason. The food truck is one of the most successful small business ideas in Andhra Pradesh city areas.
