Your Essential Guide on What Businesses to Start in India in 2025?
India is a country with huge business potential, and savvy entrepreneurs know this. With over 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of January 15, 2025, India has firmly positioned itself as the world’s third-largest startup ecosystem. Fueled by a growing base of more than 100 unicorns, continues to shape the future of innovation and entrepreneurship on a global scale. Despite the numbers, there is still plenty of room for more, and the Government is highly supports start-ups. The key to entrepreneurial success lies in knowing exactly what business to start in India.
Why Start a Business in India?
Regarding commerce and trade, India ticks all the right boxes. It has a vast and profitable market, a population of more than 1.46 billion, and a competitive labour force. The new generation of diverse and multi-skilled talents complements the increase in spending power of the middle and upper classes.
The Indian Government is also incentivising start-ups and entrepreneurs with solid initiatives such as the Stand-Up India Scheme. These include lowering the cost of starting a business and lessening the compliance and regulatory burden. This makes the start-up ecosystem highly conducive to foreign direct investments, ensuring a robust and competitive economy.
In fact, startups are set to become a key engine of India’s economic growth in this ‘Techade,’ with their contribution to the GDP projected to reach nearly $120 billion (1.6%) by 2030—an impressive 3.5-fold increase from $35 billion in 2023.
What are the Best Businesses to Start in India in 2025?
Finding a solid business idea is no simple task, but one that generally requires research and due diligence. Some people find motivation and ideas from their life experiences, while others may have a eureka moment while having coffee. However, not everyone usually has it that easy. It’s not unusual for any would-be entrepreneur to grapple with what business to start in India.
If you’re struggling to find something that appeals to the entrepreneurial side, here’s a non-exhaustive list to consider:
- Online Healthcare, Smart Manufacturing, Internet of Things (IoT)
- Real Estate Agency or Peer to Peer (P2P) Business Lending Agency
- Co-working Space Rentals, Video or Photoshoot Studio Rentals
- Outsourcing or Virtual Online Services
- Cybersecurity or Blockchain Business Consultant
- Collaborative Economy Model of Business
- Elderly Care or Babysitting Services
- Food Truck, Tiffin, or Cloud kitchen Services
- E-Bike or E-Car Services, Electric Charging Stations
- Wedding Planner or Matchmaking Services
- Digital Marketing Services, Affiliate Marketing Services
Conclusion
Deciding to commit to a concept and investing resources to make it a reality is a significant step. It’s crucial that you get a good start when you know what business to set up in India.
3E Accounting offers a few viable concepts that will be worth spending your time deliberating over. If you need help doing your due diligence or proceeding to the start-up stage, do get in touch with us. We assist with all the start-up details, including company incorporation, business licensing, bank account opening, etc.
As an award-winning firm with global experience and expertise, 3E Accounting India provides unique solutions for business needs. Advocating a high level of professionalism, we offer comprehensive and customisable packages to fit every budget and every requirement. Get in touch with 3E Accounting India today to explore the benefits of the right partnership.
