Best Business Ideas for Village, Rural Business Ideas in India

Starting a new business in India, especially in rural areas or villages, can be both exciting and daunting at the same time. While you may be eagerly looking forward to being your own boss and implementing your business ideas, you may also have to face certain challenges like arranging funds for starting the business, understanding the rural market, etc.

 

Even today, nearly 70% of the Indian population lives in villages and small towns. This means that rural areas have immense potential in terms of start-up business opportunities. Also, when you start a business in a village, fewer regulations and paperwork are involved. This means you can get your business up and running quicker than in urban or metropolitan cities.

With the government of India initiatives like Aatmanirbhar Bharat and Make in India, you can get all the support you need, i.e., financial and technical, from the government to make your business ideas for the village a reality. However, the real question is which business to start that could be profitable and sustainable in the long run.

 

If you too are unsure about this, then this guide is just for you as we discuss the best businesses for the village. You can seek inspiration from these ideas and start your own venture.

 

Poultry farm

 

Poultry is one of the biggest businesses in India, and opening a poultry farm does not require too much land or investment, making it one of the best business ideas in rural areas. In the village, you can easily find the space you need to open the farm and breed the chickens.

 

After the chicks grow, you can sell them off in the market or to the wholesalers, giving you a dual income source. You can sell chickens as well as eggs and turn it into a profitable venture. However, you must know that the returns you get may not be immediate, but eventually, they can give you valuable returns.

 

Starting an educational institution

 

Talking of the best businesses under Rs. 10 lakh in the village, there can be no better business opportunity than starting an educational institution. Till date, the education system in the rural area continues to be in poor state, which gives you an excellent opportunity to establish a profitable business in these areas, while giving the young students good quality education.

 

You do not need to open a full-fledged school as it may require you to invest a lot of money. But you can set up a small-scale educational institution where students can learn, grow and prosper.

 

Flour Mill

 

In the rural areas of India, using packaged flour is not as popular as it is in the cities. So, there is an excellent opportunity for you to open a flour mill in these areas and supply flour and other grains like barley, oats, corn, etc., that are not easily available in the region.

 

To start a flour mill, you must invest in good machinery that can turn the grains into flour and also get the necessary licenses and permits from the concerned authorities to operate in the region. Also, you may need experienced workers who have technical knowledge to handle and operate the machinery.

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Retail store

 

This is another excellent business idea for villages. Rural areas have a high population density, and generally, most villages in India have a shortage of well-planned retail outlets. These outlets can be of different types, catering to the different needs of the locals. One such option is a grocery or a Kirana store selling other general items.

 

It is a very feasible business option, and it can never be out of demand provided the Kirana store is located at the right place and has a well-stocked inventory. Some of the retail shops that you can open in a village include –

 

• Electronics shop
• Hardware shop
• Sweet shop
• Cosmetics shop
• Saloon shop

 

Dairy Centre

 

Because of the abundance of milk in rural areas, running a dairy centre is an excellent business idea for a village. The initial investment required to start a dairy centre is not much; however, you must have the right knowledge about handling, storing, and distributing milk and other dairy products.

 

Fertilizer and pesticide store

 

Since the rural economy largely depends on agriculture, it makes perfect sense for you to start a fertiliser business in the rural area. The farmers are always on the lookout for such products to be used in their farms, increase their agricultural yield, and keep their crops healthy. So, you can be assured that there is always a great demand for such products, meaning you can run a profitable business.

 

However, you must know that to start a fertiliser business, you must have an appropriate license and the right knowledge about how the different kinds of fertilisers work and how they must be handled so that they do not harm the crops or the environment in general.

 

If you lack sufficient knowledge, it is better to hire someone who is qualified and has experience handling pesticides and fertilisers so that you can focus on growing your business.

 

Final Word

 

So, there you go; you have so many profitable business ideas for the village that you can start and make your dreams of being a business a reality. If you are looking for ways to raise the initial capital for the business, you can apply for an instant business loan with Udyog Plus and get the best loan solution to suit your needs.

 

With Udyog Plus, you need not worry about the complicated business loan application process or the documentation. You can get a loan of up to Rs. 10 Lakh with minimal documents. In fact, you need not provide any documents for loans up to Rs. 2 Lakh. Also, the 100% digital process, from application to disbursement, and affordable interest rates, starting from 8% per annum, give you a seamless borrowing experience.

 

Visit the Udyog Plus website to learn more about the business loan requirements and apply for a loan.