Small Business IDEAS in Tamil Nadu
Tamil Nadu has the second largest economy in India. As the most industrialized state of India, Tamil Nadu is also the most urbanized state. Service industry contributes to 45% of the economic activity in the state, followed by manufacturing at 34% and agriculture at 21%. Tamil Nadu has a network of about 113 industrial parks and estates offering developed plots with supporting infrastructure. It has been ranked first by the Economic Freedom Rankings for the States of India. Agriculture, automotive, manufacturing, transportation, textile, electronics, leather, fireworks, mining, energy and tourism are the most potential sector of the state. Tamil Nadu has the largest number of Small and medium enterprises (SMEs) in India. Here in this article, we intend to explore 10 profitable small business ideas in Tamilnadu.
#1. Art Supplies Store
Art supplies store is a profitable and lucrative retail opportunity for any individual who is passionate about art and has knowledge about the equipment that is essential for the artists. You can establish an art supplies store by having a small retail location with a flair stock of popular art supplies essentials. A proper market research about the products and its competitors is essential.
Tamil Nadu has manufacturing facilities from automobiles, railway coaches, battle-tanks, tractors, motorbikes and heavy vehicles to ships.An auto-body store with allied services is one of the most profitable business ideas in Tamilnadu. Auto-body store business is providing services of auto body repairing and new body building as well as selling spare parts and accessories related to the vehicle body. As the numbers of the vehicle are growing, the business opportunity of the auto-body store is also increasing globally.
Tamil Nadu is the second largest state economy and the second most industrialised state after Maharashtra. The state boasted of the highest number of factories across segments in automobiles and components, castings and forgings, pumps and motors, garments and textiles, leather, and chemicals and plastics, to name a few. Any type of consulting service providing is one of the most profitable business in Tamilnadu.
#4. Graphic Design Service
Any type of graphic design service is one the most viable service based business ideas in Tamilnadu. You can start the operation as the home based with a computer with some specific software. Adequate knowledge about designing and marketing is important.
#5. Leather Garment Manufacturing
Hundreds of leather and tannery facilities are located in Tamilnadu around Vellore and its nearby towns, such as Ranipet, Ambur and Vaniyambadi. The state accounts for 70 per cent of leather tanning capacity in India and 38 per cent of leather footwear and components. An aspiring garment fashion designing professional having experience to work with the leather item can start leather garment making business.
#6. Manicure Pedicure Salon
Owing a manicure pedicure salon business can be fun and profitable and is a great business idea to start and manage from home based location while operating the service on a mobile basis. Many people, including both men and women, enjoy getting a professional pedicure and manicure occasionally.
#7. Medical Tourism
Tamil Nadu has since ancient past, has been a hub for tourism. In recent years, the state has emerged as one of the leading tourist destination for both domestic and foreign tourists. With cheap and quality tertiary medical care available in Chennai, Madurai, Coimbatore and Vellore, Tamil Nadu has the largest numbers in medical tourism in India. Medical tourism business is finding right places with the right medical services for your clients and arranging a hassle-free trip for them. Medical tourism business alternatively called health tourism and wellness tourism.
#8. Oil and Gas Business
The Tamil Nadu Energy Development Agency (TEDA) is a Tamil Nadu government promoting renewable energy sources and energy conservation activities. The agency has largely been responsible for instigating the tremendous growth of Tamil Nadu in the development of wind power. You can start any sort of business in oil and gas industry in Tamilnadu.
#9. Poultry Farming
Animal husbandry is a rapidly expanding sector in Tamil Nadu, playing a significant role in the rural economy by providing employment to a large number of small and marginal farmers and landless agricultural labourers, and raising their economic status. The state Govt. is also promoting poultry farming businesses. Poultry farming worldwide has transformed into a techno-commercial industry from the status of backyard farming since three decades. Poultry farming is the fastest growing sector in agriculture and farming business globally.
#10. Transportation
Transportation partly responsible for the investment in the state. Though the present transportation system is substantial, it needs to be developed further to keep pace with the rapid increase in use. Tamil Nadu is served by an extensive road network, railway, airways and ports. Different types of specific demand with the changing lifestyle habit have introduced several innovative and profitable startup opportunities in the transport industry. Providing transportation facility is one of the most profitable business ideas in Tamilnadu.
