15 Most Profitable Business Ideas for Women In India 2024

India is moving toward being a progressive culture, as indicated by the significant increase in female entrepreneurs over the past few decades. These days, women are more intelligent, competent, and career-oriented. There are countless women with unique ideas, perspectives, and skill sets. Women who want to start their own home business must have a solid concept. Running a business from home is simpler, more convenient, and requires less investment. All kinds of businesses, including accounting, wedding planning, fitness training, and others, are now being run by women. There are countless possibilities, but what interests you is what matters most. Some of the more popular and successful online business ideas for women are listed on this blog.

List of Top 15 Business Ideas for Women in India

1. Start an Affiliate Marketing Business

Have a large circle of family and friends? Why not take advantage of it? Affiliate Marketing requires no prior investment, and you can start it for free by associating with affiliate marketing platforms like EarnKaro. You can work from the convenience of your home, promote products, and earn money every time someone shops through your affiliate link. If done correctly, you can easily earn money as a housewife with affiliate marketing.

All you need to do is pick a niche you are interested in, which think would solve your audience’s problem. Then choose a channel to start your affiliate marketing business. There are multiple channels you can choose from like social media, blogging, podcasts, etc. After you have chosen your channel build an audience.

Once you have built your audience, you can choose an appropriate affiliate platform to as

2. Tiffin service

Why not make a career out of cooking if you frequently receive praise for the food you cook and your recipes? Given that women enjoy cooking and find fulfilment in turning their hobby into a career, this is one of the most common business ideas or part-time jobs for women. Additionally, you can create a list of friends and family members to inform about this business and then let word-of-mouth do the rest of the work of making the business well-known.

Make sure you use high-quality products, and your presentation should be perfect. Additionally, you can distribute posters around workplaces and institutions where people are looking for home-cooked meals.

3. Sell Your Handmade Items Online

For female business owners who are creative and enjoy making one-of-a-kind handmade items for decorating, this is an attractive and lucrative business idea. Due to their authenticity and uniqueness, handmade products are experiencing a global transformation.

You can create jute bags, wooden crafts, embroidery, homemade goods, or anything else you are skilled at. These products sell for a very high price; you can either create your own website and sell them there or approach any major website, such as Amazon, Flipkart, etc and sell your products there.

If you can find customers, starting this business will only cost you between ₹1000 and ₹2000, and you could make thousands of rupees in a single month.

Best platforms where you can sell handmade items online:

• Etsy
• iCraft’s
• Craftsville
• ArtyOwl
• Free Trade Fair

4. Start a Bakery or Cake Baking Business 

Given that many women enjoy baking and cooking, this is a fantastic side business idea for them. What could be better than converting your hobby or interest into a career? You can start this business from your home at first, and as demand grows, you can open a bakery in a commercial area.
It would be helpful if you kept in mind that using high-quality ingredients and a stunning presentation is crucial to attracting new clients and retaining existing ones. As a result, you can create a website and begin accepting orders online. To get started, you must spend between ₹5000 and ₹10000 on an oven and some supplies.

5. Start Blogging

If you enjoy writing, use blogging as a platform to communicate with everyone you want. These days, there are plenty of platforms where you can quickly learn how to blog. The perfect example is WordPress.com. Your blog can be as imaginative and engaging as you like. Those who desire to work for themselves might consider this small business idea for women.

Starting a blog has several advantages, but getting viewers at first will take a lot of work. Once you have enough visitors, you can also make a significant sum of money through sponsors and ads. A blogger in India can earn between ₹1 – ₹1.5 lakhs monthly.

Some of the Most Successful bloggers you can get inspiration from:

• Amit Aggarwal
• Harsh Aggarwal
• Shraddha Sharma
• Pradeep Goyal
• Arun Prabhudesai

Moreover, if you are looking to earn some extra income, then do check out these part-time business ideas that you can start with minimal investment.

6. Start Offering Freelancing Services

Although it may seem simple, freelancing is a fantastic work-from-home business idea. A good writer can genuinely make a good living by working just a few hours each day, sometimes even just a few times per week. Daily because when you work for yourself, you decide how many hours you spend on your writing business and how much money you make. The best thing is that using the right strategy and writing for the right magazines and publications will provide you with the chance to link your name to some really great brands.
As a freelance content writer, you can choose to work in a variety of fields, including content production and development, creative writing, proofreading, content editing, content marketing, coaching aspiring writers, and affiliate marketing.

Platforms to get Freelancing Jobs in India:

• Upwork
• Guru
• Freelance India
• Truelancer
• Fiverr

7. Offer Your Tutoring Services Online

The traditional way of learning has changed. More and more students are interested in taking online classes. It is either to supplement their regular classes, prepare for an exam, or to learn about a stream before jumping in and pursuing it as a full-fledged career option. As a result, online tutors are in demand. They get decent pay and have flexible working hours. If you have a flair for academics, starting an online tutoring business is a great option.

Some of the top platforms in India where you can start teaching online:

8. Become an Influencer 

One of the most important platforms for raising brand awareness among millions of people is social media. Due to the high need for social media influencers over the past few years, you can also join this industry. Any skill, including cosmetics, travel, food, fashion, education, etc., can help you establish yourself as an influencer.

As it can help to increase your loyal content consumers, you would need to have daily conversations with your viewers or followers in addition to posting pictures, videos, and blogs. Your phone’s camera will be your key to success. All you have to do to get started in this business is consistent post original, valuable content.

9. Become a Yoga Trainer

People now strive to have a healthy lifestyle by eating well and exercising each day. You can become a fitness trainer and earn money if you enjoy working out as well. This is a good business choice because it allows you to maintain your health while making money.

You need to have some experience and be certified before you can work as a fitness trainer. For clients who cannot leave their homes or are in another region of the country, you can either provide online classes or take sessions there.

10. Event Management

Women are already very good planners and organizers. Event planning becomes a more appealing alternative for women wishing to launch a business. Multitasking and efficient departmental coordination are requirements for this profession. Any chance to plan an event, such as a birthday celebration, corporate event, social event, retirement party, or any other local event, should be taken advantage of. Prioritizing communication with decorators, caterers, flower designers, photographers, DJs, and other experts is also essential.

11. Makeup Artist

A make-up artist is a person who is well-versed in cosmetics and beauty techniques and materials and employs them to produce desired aesthetic effects. Like any other profession, makeup artistry requires a lot of work to be successful. It takes time and perseverance to build a solid reputation as a makeup artist, but the benefits are great.

To become a skilled makeup artist, you must practice a variety of makeup looks according to trends, different facial shapes, skin tones, and other criteria. Finding a large group of people to practice with could be challenging, so keep an eye out for local weddings and other events where you can meet lots of people at once.

12. Open a Boutique

With the rise of e-commerce, starting an online boutique can be a profitable business for women who are passionate about fashion. You would need a location to open your boutique. You can design and sell clothing if you enjoy fashion designing, or you can pay a fashion designer to do the same. Also, you can invite online customers to your store.

13. Social Media Management

If you are skilled in social media marketing, starting a social media management business can be a great option. You can manage social media accounts for businesses and help them grow their online presence.

You need to be familiar with social media algorithms if you want to manage social media. Also, you need to keep up with the most recent trends in order to create excellent content and increase engagement.

14. Beauty Salon

An amazing women’s business idea is a beauty salon or cosmetic shop. The industry has low startup costs and constant demand. Beauty salons often have female employees and cater to female customers. You’ll need a location for your salon’s launch and a small staff to help you.

15. Open a Thrift Store

These days, thrift shops are very popular since they are stylish, specialized, and in great demand. Whether you want to bargain shop or have a passion for vintage, retro, or high fashion things, a thrift store business may be right for you. There are several ways to approach this business, but no matter what you decide to do, you will need a strong business plan, a top-notch inventory, and exceptional marketing abilities.

In addition to this, if you are a student and looking for a business idea, then this blog about the best online business ideas for students in India is just for you. Do check and let us know which business idea you like the most.

How to Choose a Business Idea?

1. Identify your Passions and Interests

Think about your hobbies, personal interests, and things you like to do in your own time. Consider how you can use your passions to start a business.

2. Assess your Skills and Experience

To determine areas where you are an expert, take a look at your work experience, education, and talents. Think about how you can use these abilities to start a business.

3. Research the Market

Do market research to find opportunities and gaps. Search for expanding industries and regions where there is a need for new goods or services.

4. Analyze your Competition

Take a look at your competition to find out what they are doing and how you may set yourself apart from them. Think about the distinctive value you can provide to customers.

5. Evaluate the Feasibility

Determine whether your business idea is feasible. Think about things like the startup costs, the potential revenue, and the time and resources needed to launch the business.

6. Test the Idea

By speaking with possible customers, conducting surveys, and conducting market research, you may test the idea. This will assist you in validating the concept and locating any potential improvement areas.

7. Make a Decision

Choose a business idea to pursue on the basis of the steps mentioned above. Choose a business that fits your interests and abilities, has a market, and can be carried out.

What to Consider Before Starting your Own Business?

1. Motivation

It’s critical to take your motivation into consideration because starting a business might be difficult. Are you genuinely passionate about the good or service you’ll be offering, or are you only trying to find a method to earn money? When things get difficult, a strong sense of motivation may keep you dedicated and focused.

2. Market

To ascertain whether there is a market for your goods or service, you must conduct some market research. What are the needs and wants of your potential customers? How large is your market, and who are your competitors?

3. Business Plan

Success in business depends on a strong business plan. This should contain information on your target market, your target product or service, your marketing plan, your financial estimates, and more. This strategy can help you obtain money, guide your business, and track your progress.

4. Finances

It may take some time before a business starts to turn a profit and starting a business can be expensive. You must consider your original investment, ongoing costs, and prospective earnings. It’s also crucial to have a plan for controlling your financial flow.

5. Legal and Regulatory Requirements

You might need to get licenses, permits, or certifications depending on the type of business. Considering legal and financial matters, such as registering your firm, getting insurance, and submitting taxes, will also be important.

6. Team

You may accomplish your business objectives by assembling a solid team. Think about the roles you’ll need to fill and the qualifications your team members should possess. To succeed, you might need to employ staff members, contractors, or advisors.

7. Personal Situation

It might take a lot of time and energy to launch a business. You must think about how it will affect your family, your finances, and your physical and mental health in your personal life. Ensure that you are willing to invest the time and effort necessary to make your business a success.

Government Schemes for Women Entrepreneurs

1. Bharathiya Mahila Bank Business Loan

The Bharathiya Mahila Bank provides loans of up to ₹20 crores to female entrepreneurs who want to enter the manufacturing industry. The bank provides collateral-free loans for up to ₹1 crore.

2. Mudra Yojana Scheme

The Mudra Loan for Women acts as a loan program to provide funding to aspiring female entrepreneurs. Just like the Bharathiya Mahila Bank, the Mudra scheme also provides collateral-free loans. The scheme is divided into three categories: Shishu Loan, Kishor Loan, and Tarun Loan.

3. Dena Shakti Scheme

For women who want to start businesses in agriculture, manufacturing, microcredit, retail outlets, or small companies, the Dena Shakti Program offers loans up to ₹20 lakhs. This government program for women also offers a 0.25 per cent interest rate discount. In addition, women entrepreneurs are also eligible for a microcredit loan of up to ₹50,000.

4. Udyogini Scheme

Launched by the Women Development Corporation on behalf of the Indian Government, the Udyogini Scheme encourages women entrepreneurship among the underprivileged through financial support. This program primarily serves and aids illiterate women who reside in rural and underdeveloped areas.

5. Cent Kalyani Scheme

Cent Kalyani Scheme is a great option for women who are self-employed or have already established businesses. The Cent Kalyani Scheme accepts applications from micro/small businesses such as farming, agriculture, cottage industries, and retail trade. No guarantors or collateral is required as security for this loan and the loan will have a maximum seven-year repayment period.

6. Mahila Udyam Nidhi Scheme

The Mahila Udyam Nidhi Plan, one of the most well-liked government programs for female entrepreneurs, is provided by the Punjab National Bank and the Small Industries Development Bank of India (SIDBI). The program provides loans of up to ₹10 lakhs to female entrepreneurs who want to launch a new small business and requires repayment within 10 years.

7. Women Entrepreneurship Platform (WEP)

The Women Entrepreneurship Platform (WEP) is a unified access site that brings together Indian women from various regions to pursue their entrepreneurial dreams. The NITI Aayog initiative aims to create an ecosystem for women across India to achieve their goals of becoming entrepreneurs, scale up creative projects, and plan out viable long-term business strategies in three ways: Shakti Iccha, Gyaan Shakti, and Karma Shakti.

8. Annapurna Scheme

One of the numerous government programs for women in India, the Annapurna Yojana provides loans up to ₹50,000 for women-owned food catering firms under this program. The borrowed money could be used to cover working capital needs, such as buying kitchenware, a mixer/cumulative grinder, a hot case, tiffin boxes, etc.

9. Stree Shakti Yojana

A special government program for women, the Stree Shakti Yojana encourages entrepreneurship by offering several benefits. Women who hold a majority of the company are eligible for this loan program and can take advantage of a 0.05% interest discount on loans worth more than ₹2 lakhs.

10. Orient Mahila Vikas Yojana Scheme

The Orient Mahila Vikas Yojana, launched by the Oriental Bank of Commerce allows women who individually or jointly own 51 per cent of the share capital of a proprietary firm. The scheme provides loans between ₹10 lakhs and ₹25 lakhs and comes with a seven-year repayment period.

Conclusion

So, are you prepared to start your new business? Did you find a business idea that would work for you among the top ideas mentioned above? You can choose any idea you like, but before you do, consider your interests and abilities. As a result, you should pick a business that interests you and that you will love working in.

The best part of starting your own business is that you can work at your own pace, have complete flexibility to make decisions, and become your own boss. Therefore, now is the ideal time to get going and start your career.

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