Delhi is so happening all the time.
And why not? It’s the capital of India.
In fact, it houses some of the richest capitalists in the country.
Lol, no pun intended.
The outskirts of Delhi is dominated by manufacturing industries (basically, labor-intensive sectors).
And inside the capital, it is mostly trading, export/import, real estate, healthcare, retail, entertainment, education, travel, transportation, luxury, and recreational businesses.
If you’re an inspiring entrepreneur looking to startup your own business in Delhi, you’ve hit the gem 🙂
In this article, I share some of the top business ideas in Delhi for 2024.
Go research in-depth about these startup ideas. And if you find any of these business ideas a right fit, pursue them in Delhi and make filthy capital 😀
Okay, now I’m over-abusing the term 😐
I’ll try not to.
Anyways, let’s get started.
Best business ideas for the Delhi & NCR region
As you would already know, Delhi is quite diverse and vibrant. People from all across India, and recently from the world come here in search of opportunities, jobs, and whatnot. It’s a commercial hub in North India and is home to some of the leading manufacturing, IT, retail, and service-oriented organizations in India. Next, we talk briefly about some of the promising and easy-to-start business ideas in Delhi in 2024.
1. Start Textile Exports business in Delhi in 2024
Consider venturing into sustainable & organic textiles as they are lately gaining popularity. As customers are getting environment conscious, organic textiles could be among best business ideas in Delhi to start in 2024.
Textile manufacturing and trading is one of the largest businesses in Delhi.
Places like Chandni Chowk, Lajpat Nagar, Janpath, Karol Bagh, Gandhi Nagar, and Nehru place are quite popular for Saree, suits, fast fashion, bridal wear, textiles, home furnishing, and athleisure wear shopping.
- Source textiles & fabrics from nearby textile manufacturing hubs like Panipat, Meerut, and Ludhiana.
- Export it to buyers in USA, France, UK, etcetera.
2. Help other businesses by launching an Accountancy firm
Delhi is corporate center with lakhs of businesses who need help with accounting & taxation tasks. For finance background people seeking business ideas in Delhi to startup in 2024, opening an accountancy firm could be a great option. If you’re a chartered accountant this is the best business idea for you to start in Delhi. If not, you can always hire a CA 🙂 The services you provide can include:
- Bookkeeping
- Financial Reporting
- Tax Preparation
- Auditing
- Payroll Processing
- Management Consulting
3. Real-estate & rental consultancy business
Real-estate is considered as an evergreen industry. They say, as long as humankind is gonna exist this industry will be there. So, why not venture and pursue real-estate business ideas in Delhi in 2024.
- With urbanization, there is an increase in demand for the properties in metro cities.
- Digitization has further boosted this demand as now anyone in a remote location (say a village in Bihar, or a town in Canada) can invest in Delhi without having the physical need to be there.
- Fractional ownership of the real-estate properties is another rising trend.
- Rental consultancy is on the rise too – busy corporate people need help with rental property hunting, lease negotiation, tenant screening, and property management in general.
You may also want to explore the following business ideas collection:
4. Law firm
Another good business idea is opening a law firm in Delhi for providing legal services to corporates. Startup India culture is giving birth to lot of millionaire organisations in India. Majority of these would prefer outsourcing legal services as in-house hiring can mean unnecessary expenses. Corporate legal services could include –
- business incorporation & registration
- mergers & acquisitions
- corporate restructuring & reorganisation
- corporate compliance and governance
- contracts drafting & review
- IP & trademark related services
- Employment & labor law compliances & litigation handling
- commercial litigation & dispute resolution
- securities law and regulatory compliance
- tax planning, etcetera
5. Tourism agency
Everytime I talk of tourism businesses, it reminds me of the movie Suddh Desi Romance starring Sushant Singh Rajput, Vaani Kapoor, and Parneeti Chopra. Anyways, Tourism & travel agencies are always going to be luring for the entrepreneurial hearts that loves to wander in the mountains, the deserts, and the forests. This is one of the best small business ideas to start in Delhi if you love traveling and meeting new people.
- Delhi is full of tourist spots – from Red Fort & Qutub Minar to India Gate, Lotus Temple, Akshardham… no shortage of options.
- Additionally, it is the heart of India with cuisines from all across the nation.
- Also, Taj Mahal, Hawa Mahal, Haridwar, etcetera are in the nearby vicinity (barely 4 hours drive).
- Not to mention, you have air connectivity to the entire world and of course, all major Indian cities.
So, starting a tourism business could be a great option in Delhi in 2024. As India’s prominence improves in the world, tourism will keep getting better and better.
6. EdTech – Online education startup
Online education is normal now. The barrier students and parents had is nullified in 2024. Almost every school goer owns an iPad or a laptop today. And everyone is taking help of digital gadgets and internet platforms. EdTech startups are the best business ideas in Delhi for educators who have a passion for teaching.
Companies like Vedantu, Byju’s, Physics Wallah, and others have proved it time and again that education industry is a money making machine in India. Some people whine that edTech should not loot students, this is wrong.. blah, blah, blah.
Who is not looting?
Cigarette companies?
Apparel companies?
Healthcare companies?
Legal services companies?
Government?
Who is not looting?
Exactly!!!!
Then why all the anger towards education entrepreneurs?
Hypocrites!
All edTech companies will project themselves as someone who are here to change education, but one way or the other everyone is in the business of money making. Branding and narratives are all a hoax. Don’t hold yourself back, and go start an online education platform in Delhi in 2024.
Recommended reads for business ideas:
7. Used products trading business
Are you looking for unique business ideas in Delhi in 2024 that scores high on Impact?
Well, if yes, then you may get into trading used products. Not exactly kabadiwala, but trading refurbished and recycled products.
You may also start a platform like OLX & Quikr to sell pre-owned items like Bikes, Cars, Electronic gadgets, furniture etcetera.
With increasing awareness and adoption of circular economy, sustainable businesses, and waste reduction, I see enormous growth potential for such businesses in Delhi.
If you go for this recycling business ideas in Delhi, do leverage online platforms and boost your sales using the branding & partnership levers of growth. For branding go heavy on eco-friendly factor, and for partnerships fire your narrative using the NGO’s shoulders.
8. Dating & marriage bureau
The social dynamics of the country is evolving.
GenZ, and in fact millennials too, are looking for compatible partners using the online platforms & dating channels.
Today, Tinder & Bumble are no longer a western culture app, it is a household name in top Indian cities. Almost every teenager has used them.
Yes, traditional marriage system and family norms are still prevalent in the rural areas of India… so, you cannot totally ignore the sensitivity of the matter if you are starting this business idea but yeah.. starting an online/offline matchmaking & dating business is not going to be a problem as long as you respect the social, cultural, and religious sentiments of all the sections.
By the way, marriage & partner lookout services are very noble cause if you see them from my lens. Definitely, a challenging and high impact business idea for Delhi in 2024.
9. Healthcare & doctor booking app
A highly competitive market, I must say.
There are so many startups in India who are serving the healthcare niche-
- Practo,
- pharmeasy,
- 1mg,
- pristyn,
- apollo,
- librate.
How do you differentiate yourself among these established market players?
What unique propositions can you suggest?
Well, personalized vernacular app for telemedicine, AI based nutrition & diagnosis, a platform for interoperable integrated medical records, and intelligent health tracking and analysis could together position you as a unique player in the market.
Partnerships with industry leaders are going to be key factors deciding your success.
You can tap into the emerging business ideas in Delhi for the healthcare sector by going niche into mental health, kids health, chronic healthcare, women health, or old-age care segments.
10. Student Tiffin Services
Students from all across India, esp Bihar and Uttar Pradesh flock in the capital Delhi to pursue engineering, medical, humanities, law, and commerce education.
- These students often stay in PG and eat food from the local Dhaba, which of course, is not that hygienic.
- A lot of these students suffer from Jaundice, and food poisoning diseases during the course of study.
- Affording a chef/cook as a single student is tough. Flatmates can still afford a cook but not single students.
So, if you are someone who understands the food industry, maybe starting student tiffin food business ideas in Delhi could be an exciting startup opportunity for you in 2024. Think and act.
Explore more business ideas:
Concluding The Delhi Business Chapter… 😉
The political buzz of Delhi never ends, the city never sleeps, and the controversies (Hey JNU) never takes a backseat. Sometimes, it is in news as the crime capital, sometimes for the riots, but most of the times Delhi is in news for the good reasons – the love capital of India (Hey, Shahrukh, Virat, Anushka…). Whether you are a budding entrepreneur looking to start business in Delhi or a seasoned business person eyeing to expand your business to the capital, Delhi is not gonna disappoint you. In fact, it may give you the extra push you need to fly high! Hope you liked some of the above ideas, if not, I recommend you to explore these business ideas list:
