Kerala, known as “God’s Own Country,” is one of the most beautiful states in India. The state is known for its rich culture, roots, and natural beauty. Kerala has a thriving economy, with tourism being the main aspect. Split from tourism, several other industries have a strong fact in the state. In this blog, we will discuss 17+ business ideas in Kerala that entrepreneurs can try in Kerala in 2023.
Business Ideas in Kerala That You Can Start Today
You can find a list of business ideas to start in Kerala, India with low investment and high profits. The below content suggests some potential business ventures in the state. If you want to start a business in Kerala, these 17+ business ideas in Kerala could help.
Online Business Ideas in Kerala
1. Start a Home-based Bakery:
Kerala is famous for tasty baked goods. You could make money by starting a bakery at home. You can sell baked goods online or in local stores. Offer a variety of products such as cakes, cookies, bread, and pastries. You can start an online bakery in Kerala using e-commerce platforms like OrderZ.
2. Start a Fish Farming Business:
Kerala has a vast coastline, making it an ideal location for fish farming. Starting a fish farming business can make money if you focus on valuable species like lobster, shrimp, and crab. This works well, particularly for high-value fish.
3. Start a Cow Farm or Dairy Business:
Kerala has a reputation for producing dairy products. Starting a cow farm or dairy business there can be financially rewarding. You can sell many dairy products like milk, butter, cheese, and yogurt to nearby stores and companies.
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New Business Ideas in Kerala
4. Sell Virgin Coconut Oil:
Virgin coconut oil is a common health food item that is popular worldwide. Kerala is famous for growing coconuts. You can make money by starting a business to sell pure coconut oil. You can source coconut oil from local farmers or even start your own coconut farm to produce your own oil. You can sell your product online or at local stores and health food shops.
5. Open an Ayurvedic Treatment Center:
Ayurveda is an old Indian medicine system. Kerala is well-known for skillful Ayurvedic treatments. Starting an Ayurvedic center can be profitable, particularly in a famous tourist area. You can provide different treatments such as massages, yoga, and meditation. This will suit both local and foreign clients. Make sure your center has experienced and certified staff for good services.
6. Start a Tea Plantation:
Kerala has good places for growing tea, especially in the hills. You can make good money by starting a tea plantation there. To make a profitable plantation, you must buy land and equipment. However, once your plantation starts producing, you can expect to earn a lot. You have two options when it comes to selling your tea leaves. You can sell them to nearby tea factories or make your own brand of tea to sell. To follow the rules, get permits before starting.
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Small-scale Business Ideas in Kerala
7. Sell Banana Chips:
Banana Chips are a popular snack in Kerala and have high demand both locally and globally. You can start selling banana chips in a small-scale business if you have raw materials. You could sell your products locally or online and package them as gifts or souvenirs. You can make your business stand out by offering special flavors and packaging.
8. Start a Transportation Business:
Starting a transportation business is also one of the small-scale business ideas in Kerala. You can start by providing taxi services, car rentals, or even a bike taxi service. Kerala is a tourist destination, and transportation services are always in high demand. You must get a vehicle, permits, and insurance to start your business.
9. Sell Perfume:
Selling perfumes is another small-scale business idea in Kerala. You can get perfumes from nearby producers or make your own line of scents. You can sell perfumes online, at local stores, or in your own shop. You can make your business stand out by offering custom scents that suit different customer tastes.
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Best Business Ideas in Kerala
10. Sell Spices:
Kerala is known for its spices, and starting a business selling them can be a profitable idea. You can get spices from nearby farmers or markets and sell them online or in local stores. You can make your business more memorable by offering custom blends and packaging that suit your customers’ tastes.
11. Start a Tourism Business:
Kerala is well-liked by tourists. Starting a tourism business there can make money. You can provide different services such as tours, transportation, and places to stay. To stay within the law, make sure you follow local rules and get all the permits required. You could give specific deals that fit different customer needs and desires.
12. Sell Kasavu Sarees:
Kasavu sarees are a popular type of traditional saree from Kerala, India. They are highly sought after both locally and around the world. You can get Kasavu sarees from nearby makers or make your own collection of sarees. You can sell them online, in local stores, or a small retail store. To make your business stand out, offer custom designs and options that fit different customer preferences.
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Most Profitable Business Ideas in Kerala
13. Start a Boutique Hotel:
Kerala is famous for its beautiful scenery and rich culture, attracting many tourists. Opening a small and unique hotel in a busy tourist spot could make a lot of money. To attract more customers, offer personalized services, luxurious amenities, and unique experiences.
14. Sell Packaged Processed Food:
Packaged processed food is becoming more popular in Kerala. Starting a business selling them could make a profit. You can get ingredients from nearby farmers or markets. Then, make your own packaged processed food line. There are different ways to sell them such as online stores, local stores, or your own retail store. You can make your business stand out by serving unique and healthy food options that appeal to all customers.
15. Sell Ayurveda Products:
The demand for Ayurveda products is high in local and global markets. Starting a business selling them can be profitable. You have two options: buy from nearby makers or make your own Ayurveda items. You can sell them online, in local stores, or your own shop. You can make your business stand out by providing special and personalized items that match your customers’ tastes.
Startup Business Ideas in Kerala
16. Provide Financial Advisory Services:
Kerala has many businesses now, so people want help with finances. You can begin a company that helps small and mid-sized businesses with managing their money. This could include budgeting, planning, and accounting services. You can also provide tax planning and compliance services. You can make your business unique by providing customized solutions for various business needs.
17. Provide Enterprise Resource Planning:
ERP is software that helps companies manage their operations, like money, supply chain, and staffing. You could start a business that helps companies in Kerala use ERP software. You can also provide training and support services. You can make your business unique by offering solutions that meet specific industry needs.
18. Provide Real Estate Advisory Services:
The Kerala real estate market is growing. Starting a business that offers real estate advice can be a profitable idea. You can provide services like property valuation, investment analysis, and property management services. You can also provide legal and financial advisory services related to real estate. To set your business apart, try giving personalized solutions that fit a variety of customer needs.
To Conclude,
To start a profitable business in Kerala, you need to research, plan well and seek expert advice. Kerala is a good place for businesses. The government helps, there are skilled workers and good infrastructure. There are many chances for starting a small business or a startup in Kerala. You can create the best business in Kerala if you work hard and stay committed to a good plan.
To succeed in business, you need great customer service and to advertise well on social media and other marketing channels. You can create a thriving online business in Kerala with OrderZ and hard work.
FAQs
1. How do I choose for me the right business idea in Kerala?
Consider your interests, skills, and experience while choosing a business idea in Kerala. Evaluate the market demand and competition for each idea. Conduct thorough market research to understand the target audience, potential profitability, and growth prospects.
2. How much capital do I need to start a business in Kerala?
The capital requirement varies depending on the type and scale of the business. It can range from a few thousand to several lakhs or even crores of rupees. Develop a detailed business plan to estimate your startup costs and secure funding accordingly.
3. What legal requirements do I need to fulfill to start a business in Kerala?
To start a business in Kerala, you need to register your business entity with the appropriate authorities, obtain the necessary licenses and permits, and comply with tax regulations. Consult with legal professionals or business consultants to ensure you meet all the legal requirements.
4. How can I find customers for my business in Kerala?
Implement effective marketing strategies such as local advertising, social media marketing, search engine optimization (SEO), and word-of-mouth referrals. Leverage Kerala’s unique cultural heritage and natural attractions to promote your business. Establish partnerships with local tourist agencies, hotels, and other businesses to expand your customer base.
5. Is it necessary to have prior experience in the chosen business field?
Prior experience can be advantageous, but it is not always necessary. Many successful entrepreneurs start businesses in fields they were not previously experienced in. However, it’s essential to learn about the industry, acquire relevant skills, and seek guidance from experts or mentors.
6. How can I stay competitive in the market to start a business in Kerala?
Stay updated with industry trends and innovations. Differentiate your business by offering unique products, services, or experiences. Provide excellent customer service and focus on building long-term relationships. Continuously adapt and improve your offerings based on customer feedback and changing market demands.