16 Best Ways to
Make Money Fast in
How to Make Money in India?
Amazing Money Making Business Ideas in India
Have you ever
considered leaving your job to start a business of your own? If yes,
then here are some amazing business ideas you can easily start in
1..Make Money with Education in India
Are you aware that
learning doesn’t really stop, no matter the age you are, so this is
the reason some people with previous experience in the field of
education start businesses that revolves around expanding the minds of
both old and young. Credibility is very necessary in businesses
relating to education, so you have to ensure that your experience and
credentials show your expertise in the education sector. Before
starting your business relating to education, you will have to contact
your local Chamber of Commerce to know whether you are required to
have a special license or permit for your business. The Chamber of
Commerce will then provide you with some information on how to
register your business as a legal entity in your state.
Now you will also
have to make a lot of research on the education sector to know the different education-related small business opportunities you can
take advantage of. From teaching and curriculum writing to giving
etiquette classes or academic editing services, you can easily begin a
wide range of possible education-related businesses.
You will also be
required to identify the target market you want to reach with your
small business that is related to education. You may want to teach
college preparatory courses to some high school seniors or just
tutoring services for middle school students. Knowing your target
market will assist you in figuring out where and how to advertise.
Go look for people
that offer same products or services to your target market. This can
be local or online, so you have to be sure to take both into
reasoning. Try to know how they price their services, how they are
able to reach clients and where they normally advertise.
Now you have to come
up with a list of services or products you actually want to offer and
add a price to each.
You will definitely
need a good graphic designer and web designer who can easily create
marketing materials for your business because you need a logo that can
simply represents the educational products or services you are
thinking of offering. You will also need some business cards, a
brochure and quality website.
You will need to hire
and train some employees, this is very important because they will
assist you in providing services and products for your business which
is related to education.
You can easily be a
part of local professional and networking groups, most especially
those which are related to education. These groups will simply give
you a chance to promote your business to some other people who may be
in a good position to refer your services. You can even see the right
opportunities to partner with some companies who serve same target
market as you, but who aren’t competitors.
Money in Agriculture
sector most especially in India is at the centre of a new
revolution. The whole food chain is expected to be modernized and the
production is also expected to be doubled in some years to come. Now
do you know that apart from domestic demand, this sector brings in
lots of export prospects? Currently agri-business usually involves
either an input or a product or service and consists of items such as:
(equipment, machinery, energy, feed, seed, fertilizer, pesticides,
commodities – (Processed commodities of food and fiber that are raw)
(storage, soil testing, processing, credit, transportation, insurance,
marketing, packing, distribution, consultancy etc.).
lots of money from agricultural business
normally needs you to have knowledge of farming practices as well as
some easy experience in developing a business. Before you finally come
to a decision on an idea, always create a very good business strategy
that includes some research on market demand for the products you have
decide to grow and how to normally get them to the market. You’ll
also need to have a very good plan on financing as most agricultural
businesses need good access to a very large area of land and some
farm equipment to get started.
3..Make Money Online tutoring service in India
In the past 10 years,
education in India has seen
a lot of improvement from the normal traditional classroom-based
teaching to a very well planned online education. Now with the
Internet becoming a thing everyone including kids can simply operate,
it has become very simple for some students to easily enroll in some
programs online and, at the same time, there are so many possibilities
for teachers to create lots of niche markets and make some money
online, while still making the overall quality of education improve on
daily basis. But because of different technical and legal hassles
following with this business in India, the online teaching business is
in a nascent stage.
But still, with good
research and planning, people or companies can easily start their
online tutoring venture and get results in a virtual environment.
Do you know that
online tutoring is actually changing the way tutors reach out and
teach their students? Today for a teacher with the perfect skills and
good teaching experience ‘the world is a stage’ because a tutor
can be living anywhere in the world maybe from Tamil Nadu (India) to
California (USA) and easily teach students in their home country or in
some distant lands across the sea. Online tutors normally use myriad
online tools to aid the remote teaching process.
You also have to be
aware that it’s not just an average student who still goes to school
that is looking for someone to tutor him online. There are some
graduate and even postgraduate students, even some professionals are
highly looking to improve their technical skills and industry
expertise with the help of online tutors. Now apart from some
traditional school subjects, higher education and some management
subjects like logistics and supply chain management, accounts and
finance, competitive exam preparations, business administration, lean
and six sigma, human resources, project management, and language
courses (especially TOEFL coaching) are being tutored
So it should not
sound as a surprise to you when you hear that an average online tutor
usually earn between $10 to $100 an hour, sometimes more depending on
their experience, academic qualifications, and technical expertise.
A lot of exciting
growth rate has been recorded in the private tutoring sector. In 2007,
EduVentures which is an education research firm estimated the size of
the tutoring sector at $5 billion to $7 billion a year. Then after
five years, a 2012 “Private Tutoring: A Global Strategic Business
Report” by market research firm Global Industry Analysts (GIA), said
that the global private tutoring market will reach US $102.8 billion
by the year 2018. The online tutoring market is also estimated to be
worth more than US $12 billion.
As per the GIA study,
90% of the demand for private tutoring services is usually accounted
by United States, Europe and Asia-Pacific countries, specifically
Japan, Singapore, Hong Kong, South Korea, and China. India has also
emerged as a leader in e-tutoring services at rates that is very
affordable (most especially mathematics), with most of its customers
from the United States.
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sector is actually increasing very fast because the academic system
have failed to cope with the demands of the students, and some parents
desire to give the best possible education to their children. In so
many countries slashing of public school budgets has affected
teacher-studio ratios. Also in some countries, the large curriculum
has made it very important for some parents to hire the services of
private tutors. Some other reasons that has made online tutoring big
in recent years include poor school infrastructural facilities,
unprecedented competition (especially for coveted courses such as
engineering), and the need for young tech savvy professionals to
always upgrade their skills.
Do you know that
despite the global financial crisis of 2008, private tutoring went up
by 7% between 2009 and 2010? Now you know that the need for online
tutoring services will always continue to rise as global conditions
slowly improve and unemployment rates decrease.
4..Ecommerce business - Make Money in India
e-commerce sector is having a very good growth in India which is
backed by the increase in smart phone and internet penetration and
also with more increase in internet service providers and the start of
3G and 4G services, at very cheap prices – the e-commerce and
m-commerce sectors are still increasing in growth.
Any business done
over the internet is normally called ecommerce. In some recent years,
m-commerce also knows as mobile commerce – business done through
smart phones has become very well known. Now there are two main ways
to start an ecommerce business, a proprietary ecommerce website or
becoming a member of an established marketplace.
One of the hardest
ways of starting an ecommerce business is creating a proprietary
ecommerce website. Starting a
proprietary ecommerce business usually needs an online marketing
team, web development team, and a payment gateway to be receiving
payments. If you want to start a proprietary ecommerce website, then
you have to know that it is a long-term initiative and it will need
some very good amount of money and effort to be able to build up a
very successful business.
One of the best
methods to start an ecommerce business or sell any products or
services online is to join an established marketplace. Being part of
an ecommerce marketplace as a seller normally requires only a bank
account and VAT registration, thereby making the process very easy and
simple. You will also have to know that on an ecommerce platform,
things such as development of technology, payment gateway, marketing,
logistics, etc., are always taken care of by the marketplace platform,
thereby making the workload very reduce for the seller. In addition,
as a seller you can easily join multiple marketplaces and sell your
products, making it the best and easiest method to start an online or
5..Digital media - Make Money in India
Do you want to get into the digital media sector? Then I can say that there is actually no better time than right now. The statistics from government reports actually suggested that the digital marketing industry is growing very fast than the traditional economy, which will result in a skill gap of over 900,000 spots to fill.
The digital marketing
industry is not just growing fast, but it is definitely one of the
best and competitive markets around today. And for businesses today it
is very important to know people who actually want to learn from the
ones who are just chiming in for the ride. This sector needs
innovation that is consistent, passion and a good thirst for success.
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As a digital marketer
it is actually your job to always keep on top of all sector news and
developments. You need to follow all the digital marketing sites that
are important and also influence some people on the social media
networks. To be a major player on search engines sites like Bing,
Google, Yahoo and other social media platforms like FaceBook, Twitter,
etc. you must know that they often change their paid campaigns and
search algorithms, so be prepared for a wild ride.
It is usually not
very comfortable knowing that you are being surrounded by more
talented people. But that is what you need to do. The people you come
in contact with everyday should be a very big part of your supporting
network, so that when you run into challenges you can easily find
help. This can also open so many doors of opportunities that you would
not have found from anywhere else.
Always try to attend
all meetings or conferences relating to your industry around your city,
this will definitely make you to nurture and forge relationships with
some fellow digital marketers. You will also be able to enhance your
skills through different specialized workshops and presentations.
If you want to be
very successful you must have a very clear objective of what you
really want. You can learn from the wise words of advertising genius
Paul Arden which says “Without a clear goal, it is always impossible
In years past, in India software companies only included subsidiaries of some
multinational organizations. Some startup software organizations in
the country went with the growth of the IT industry. Entrepreneurs and
institutions hoping to start a software company in India need to go
through different procedures and requirements, which are strictly
regulated by India's enterprise regulations, including some provisions
on business endeavors in the IT sector. Other requirements often
depend on the business' scale and range of services.
You will start by
writing a business plan and a business plan for a software company
usually include a description of the technology and experience your
company is going to use to make the software. You will also be
required to provide a very detailed description of your niche market,
since the type of software you are going to develop is actually
related to your clients. For instance, if you decide to make software
for medical use, your market will be the medical field, and you must
give a very good description of this sector as well as of other
companies making same software.
According to the
report on the website of India's government, if your company needs
staff with some specific skills and technical knowledge, the best
thing for your business may be a partnership. But, the size of your
software company and if you want to give services nationwide, or only
to the community you live in, are two important factors which affect
the kind of organization you choose. If you have chosen to place
your focus on the mobile software sector, the best option for you is
to focus on a national market. In this case, the best fit for your
business is a limited company structure.
Money with Export
Are you aware that
India is actually the 14th biggest exporter in the world; they
normally export a wide range of goods and services? India’s exports
grows every year and in a recent report by HSBC, they said that in the
year 2030 India will definitely be among the top 5 exporters in the
world and with the Government promoting manufacturing aggressively in
India through campaigns like Made in India, exports
from India will actually grow at a very quick pace over the coming
This is a business
that most people would like to start as it would be owned by them and
the result would be to earn lots of profits. Now this question
normally comes up as to if we should start the business in the local
market or the international market. There might be a very simple going
aspect found, when it comes to the local market, but the business
which involves the international market will definitely have an
exposure to the foreign standards of business and also gains. This is
actually because the value of the amount paid in the international
market is always in the currency which would then be converted to the
currency that is use in India.
8..Renewable energy - Make Money in India
Now that the world
population keeps rising, the reality keeps setting in that our energy
requirements cannot longer depend on fossil fuels, and although the
advance in technology can easily allow us to tap into reserves that
were not accessible in the past years, at some point we will
definitely run out.
coupled with the bad impacts of burning fossil fuels, have actually
created an environmental and social conscious mindset between various
sets of economic actors, including investors, consumers, firms and
governments. So many investors and industries companies which are
looking for gains have taken some advantage of consumer interest in
cleaner energy alternatives and also in government-greener business initiatives.
Also the political
instability in places like the Middle East has set a lot of countries
on a quest for energy independence and security. Solar, wind and
geothermal sources of energy can simply be tapped into from anywhere
in the world – at least in different degrees – thereby giving the
hope of energy independence and security. With these things moving the
shift towards renewable energy, now is actually the time to start
looking for opportunities to help solve the world’s energy problems
and, perhaps, make money.
There are so many
opportunities to start a very good renewable energy solution. But, the
best place to start looking is where you actually have a lot of
expertise. You can consider sectors you have worked in and think about
how renewable energy could help them.
You also have to know
that becoming an entrepreneur in the renewable energy sector doesn’t
actually mean you must build your own hydroelectric dam or wind farm.
Renewable energy is actually more than just generating electricity; it
is also about conservation, storage, and distribution. You won’t
actually need to produce a new product or technology; you can easily
choose to get involved in installation, repair/maintenance or
consulting. Think very broadly, and remember your areas of expertise.
You can also talk
with family, friends and colleagues as they will assist in pushing you
towards ideas for things people actually want or need. Most people
normally build their business around an idea and then they usually
sell that idea instead of building the business around something
people really want to buy.
Do you want to start
a waste management and waste recycling business? Nowadays it is very
hard that huge amounts of garbage will be thrown away from homes every
day because of the onset of globalization and modernization. Due to
this fact, it is very necessary that the percentage of dirt that is
normally managed and recycled is usually equal to those which cannot
management not only assists in
getting rid of garbage all over the world but it can also assist in
making sure that there are lands which are polluted. Now with the high
increased in awareness towards environmental protection, you as a
business person can simply take the opportunity to start your own
waste recycling plant.
You have to know that
starting a waste management business is a very good option for
business enthusiasts, especially because of the size of the waste
management sector. Now according to the research made by United Nation
environment program, 11 billion tons of garbage is taking by waste
management and recycling businesses all over the world and making a
total sum of over $410 billion in revenue every year which actually
caught the eyes of so many aggressive entrepreneurs increasingly.
When you decide to
start a waste disposal business, it is very vital to know that this
sector is very concentrated. In India and so many developing
countries, there is a huge chance to go into this business. And so, a
lot of entrepreneurs are needed to excel in scalability and reach to
the perfect people to create awareness for your brand about what
actually makes your services different from the one that is already
What you need to do
before starting a waste management business, is to know your niche.
But it usually depends upon your money; you can easily find your niche
or maybe a combination of 2 or more types of garbage. There are
different types of waste products and materials with each of these
wastes requiring various means and procedures for disposal.
Fast Money in India Producing
good quality toys
To start a toy
producing Company in India, you will need to have the following
Structure - You will have to choose amongst five, any one business
structure according to your need.
- You will have to get Trade License from a local Municipal authority.
Now in addition, go for MSME Udyog Aadhaar Online Registration and
also check whether it still needs VAT registration or not. But for
import, you will have to get IEC code. Also get a fire protection
system to protect your unit from the fire.
standards - Now you must follow the safety measures, these toys are
going to be used mostly by kids. keep in mind not to make it sharp or
pointing which can easily injure the user in any way whatsoever also
become a member of THE ALL INDIA TOY MANUFACTURERS’ ASSOCIATION (TAITMA)
which was established in 1976 with the prime object of fostering
integrated and accelerated growth and development of the toy industry
around the world loves chocolate but you would have to make sure that
the quality is up to food standard and you will be needed to get a
permit for this type of business. But, if you like chocolate and you
also have strong business acumen; you would start making money in no
time, as you could start different recipes.
12..Make Fast Money in the Leather industry in India
One of the most
widely traded goods all over the world is leather. The high demand for
leather is largely driven by the fashion industry, most especially
footwear. Now apart from this, interior and furniture design
industries, as well as the automotive industry are also in demand of
leather. In the India economy, the leather industry has a place of
prominence because of substantial export earnings and growth.
industry in India accounts for around 12.93 per cent of the
leather produce all over the world. The country is second in regards
to production of footwear and leather garments in the world and also
accounts for 9.57 per cent of the world’s footwear production.
Money in Tourism
All over the world, a
lot of cities and countries get money through tourism and it also
gives jobs to the local residents, thereby benefiting the country or
city. Currently India has finally realized the profits which are
available from this industry. Thanks to its economy that is growing
and promoting itself as a nation that is diverse and rich culturally,
billions of dollars goes into the economy of India every year because
of is tourism industry. The tourism sector growth is as a result of
the rise in the arrival of a lot of foreign tourists and also the
increase in the number of domestic tourists.
Words cannot describe
the beauty of India because
it is a country with diversified culture and traditions. The natural
beauty of India such as festivals, dresses, heritage sites of India
are well known among tourists. These things usually make travelers go
to India. There are a lot of scenic blesses places such as Darjeeling,
Goa, Kerala, Kashmir, Shimla and Manali. These are very popular places
and they are prime attraction of travelers from all over the globe.
There are a lot of
other places worth visiting, like Bangalore also Known as the Garden
City for its lush landscape, Agra Tajmahal, Delhi Kutub Minar,
Hyderabad Charminar and Salarjung museum /Chennai a city of fine arts,
lakes and temperate climate, it seriously represents India’s
marriage of past and present, kerala also known as god’s own
country, Kolkata was actually second only to London in administrative
necessity in the British Empire. Home of luminaries like Rabindranath
Tagore, Amartya Sen, Mother Teresa, and Satyajit Ray, the city is
mostly know as the “cultural capital of India” etc.
In an effort to boost
Tourism in India, the Government has established the Ministry of
Tourism and the Ministry of Tourism has done a lot of projects which
has proven to the world that India is a good Tourist destination and
also shows a visitor-friendly image of the country. Some of the actual
steps taken by the Government are the Atithi Devo Bhavah Campaign
which actually gave a widespread message of “honor your Guest as he
is always equivalent to God” and also the fantastic India Campaign
which was very successful in showing a colorful and a good image of
the country as a perfect holiday destination.
Fast Money in India's Packaging
Do you want to start
your own packaging company but it seems difficult since you don’t
actually know exactly where to start? This is a very profitable sector
as long as it will make you know the factors which can affect your
business success and failure.
Going into a
packaging business is usually very profitable as long as you know how
to go on this field. You have to know that your company’s service
will be primarily focused on taking people’s material belongings for
storage. Now to further make your service to your business clients
awesome, it is highly-recommended to be able to also provide them
strategy for packaging need to include the followings: employing
staffs who have prior knowledge on how to perfectly pack items that
are breakable and other very vital materials; now also consider where
you can start your packaging business; getting a business license from
your local Department of Finance so that they can operate legally; and
then ways to assess the required startup cost for packaging business
that can cost some money running into thousands of dollars because you
will need to buy equipment and facilities such as pulleys, trucks,
wrappers, and other supplies (e.g. boxes, bubble wrap, plastic wraps,
markers, etc.). Another way you can bring down the dangers involved is
by thinking about some other packaging business competitors and by
learning how to give quality service that can compete with other
companies. It is also advisable for you to choose a location where
people who are always on the move and are very capable of paying the
packaging service and they can easily be reached.
You are needed to
adopt some marketing strategies and operation when planning for
startup packaging business which includes the right documentation,
timetable plan, business expansion, effective advertisement and
promotional tactics. One of the most necessary packaging business
guide is getting an insurance that can help you just in case a client
has accused your packaging company of refusing to pack his belongings
perfectly which has caused damaged, then you won’t be afraid because
you have financial backing which you can easily use to pay for this.
And also to save you from more financial troubles, it is very
necessary that you have a contract made between you and your client in
order to cover liabilities and certain legalities. This is sometimes
helpful, just in case your client has accused you and also holding you
responsible of breaking an important item even though your company is
not to be blamed for this.
Money in India - Consumer
One of the most well
know products that are mostly offered in the market are consumer
goods, so many people will no longer have curiosity about it. These
goods are currently the best selling products in the market for so
many years maybe due to the fact that it is affordable. So just
because of this, most people are having the interest to know the right
way to start consumer goods distribution business.
CG is consist of
different products. These goods are mostly eaten and used by so many
people for their everyday needs. The creation of these goods is
actually a very good idea for those people who are actually living a
lifestyle that is very simple. A lot of people today are patronizing
these products just to keep their money budgeted.
CG means consumer
foods which are mostly offered very fast at very low prices. The
products that are included are actually non-durable goods like soft
drinks, toiletries, toys, over the counter drugs, processed foods and
some other things that people normally use. The fact is the profit
margin that is gotten in CG products is very small because they are
typically sold in bulk.
Fast Money in India - Franchising
One of the best
places to research this idea is the International Franchise
Association because it is the sector trade association for franchising
and it has a lot of resources that you can easily use to get started.
You can go their website and start your search.
a franchise company is
not a very easy process. There are a lot of requirements you are
needed to have and some other things that may not be legally required,
but are also important.
Systems are a very
important aspect of any franchise company that is successful. You will
have to produce and completely document the systems that a franchisee
will normally use to run their business. You will also be required to
make a training program that will easily teach a new franchisee all
they are needed to know in order to become a very successful operator.
You will also need to formalize the marketing strategy that a new
franchisee will use to drive customers into their new unit. You will
also need to design a sales system that you can simply use in getting
new franchisees into your franchise company.
Having the right
focus and attitude is one of the most important things to do in order
to be a very successful franchisor. You are the boss in the business
you are currently doing, you have a lot of employee and they always do
what you tell them to do without asking questions. Franchisees
are very different from employees and you must not treat them as if
they were employees.
The gains and
satisfaction you will get when you start a franchise
company are very incredible but so is the price that you'll actually
pay to get to the goal.
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