The most profitable retail business to start in India involves different segments such as food & beverages, automobile, agriculture, home & furnishing, education, apparel & clothing, and beauty & healthcare.
- Fabric Store: It is a traditional retail business
- Medical Retail Store: The Indian medical industry has an 18% growth rate. With an educational background in medicine, one can start a medicine shop and see it grow quite well. Hence, a medical retail store can also be the most profitable retail business
- Perfume Store: One can start a perfume store at a minimal investment, with a focus on luxury brands as well as domestic brands.
- Wine Store: A wine store can serve as a highly lucrative retail opportunity as it serves as a luxury business. However, considerable investment is required to set up a wine store, such as a suitable location, specific licensing, etc.,
Some of the other ideas for the most profitable retail business to start in India are book stores, shoe laundries, cake shops, coffee shops, spa, craft stores, aquariums, crockery stores, florists, pet stores, auto parts store, etc.
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Category: eCommerce Solutions and DevelopersCompany about: Starting a business in e-commerce business models There are several e-commerce business ideas that are in practice, and on the rise. This is because these eCommerce business ideas have given way to about 1.92 billion online buyers or consumers, and that number keeps increasing every year as more and more stores open up. In fact, in 2019, nearly 14% of retail sales came from online stores. Hence, encouraging more eCommerce startup ideas is a worthwhile endeavor. Benefits: Fast go-to-ma ...
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