Best 37 Small Business Ideas in Jharkhand

Do you want to start a small business in Jharkhand and are not sure which venture to open? If yes, this article can be a great help to you. Here in this article, you will find the most profitable small business ideas in Jharkhand including major cities like Jamshedpur, Ranchi, Dumka, Dhanbad, Deoghar, Bokaro Steel City, Hazaribagh, Giridih, and Koderma.

Agriculture, coal mining, and tourism are the major economic segments in the state of Jharkhand. In the last few years, the state’s economy has developed a lot. The city of Ranchi is its capital and Dumka is its sub-capital. The state is primarily rural, with only 24% of the population living in cities.

37 Small Business Ideas in Jharkhand

#1. Motorcycle Showroom

Bikes or motorcycles are the most preferred means of conveyance in the state of Jharkhand. Mostly, the young generation, political members, and jobbers prefer motorcycles for daily use. Therefore, starting a motorcycle dealership business has huge profit potential not only in urban areas but also in rural Jharkhand.

You can find plenty of popular motorcycle brands that are offering dealership opportunities these days. The list includes Enfield, Hero Moto Corp, Bajaj Auto, etc.

#2. Start an Online Business from Home

If you are looking to earn money from home in Jharkhand, consider starting an online business. Some of the popular home-based online businesses you can start from home are as follows:

• Start a Blog
• E-commerce store
• Dropshipping
• Affiliate Marketing
• Do Small Online Tasks

Read: Best Online Jobs from Home

#3. Medicine Store or Pharmacy

Opening a medicine store or pharmacy is one of the most profitable businesses in the healthcare industry. And you can open the store in as such any area. Nowadays, medicine shops earn revenue not only by selling medicines but also by other need-based products. The list may include vitamin supplements, personal care products, hygiene-related products, etc. If you don’t have any previous experience in the medical industry, you can consider opening as a franchise partner of a reputed brand.

#4. Small-Scale Manufacturing Ventures

Explore opportunities in small-scale manufacturing ventures tailored to the resources and market demand in Jharkhand. Consider manufacturing products such as steel fabrication, metal products, plastic goods, agro-processing machinery, or textiles. Leverage local expertise, raw materials, and infrastructure to establish profitable manufacturing businesses catering to both local and regional markets.

#5. Cartridge Refilling

Overall, Jharkhand is a developing state. Also, the state has huge mineral resources. Therefore, it is an industrial state. So, the state has huge potential in the business services segment. Cartridge refilling is an emerging business and is gaining huge popularity these days. It is a multi-billion dollar industry. Also, it is a fast-growing business with an estimated market size of Rs.4000 crores in India. The business requires both technical and marketing skills. Hence, you can consider starting the business by buying a franchise of an established brand.

#6. Bakery or Cake Shop

A bakery or cake shop is another profitable food retail business in Jharkhand. Apart from selling cake and biscuits, the cake shops sell different types of veg and non-veg snack items too. It helps in enhancing the overall profitability of the store. You can also find plenty of organized companies that are offering franchise opportunities in the state.

#7. Fast Food Stall

Fast food consumption is increasing very fast these days. A huge part of the young generation prefers having fast food over any other traditional choices. Hence, opening a fast food stall or fine dining restaurant is a wonderful business to start in the state of Jharkhand. Apart from starting your own, you can consider starting as a franchise partner of an already-established brand. Broadly, the fast-food industry covers pizza, burgers, Chinese, juice, cafeteria, etc.

Read: Profitable Street Food Business Ideas

#8. Courier Company

This is another low-cost business that has high-profit potential. Also, the business requires a small retail space for daily operations. Nowadays, the courier is an essential service not only for domestic but also for business purposes. Due to the growth of eCommerce in India, the demand for responsible courier service has grown exponentially.

#9. Travel Agency

The tourism industry plays a huge role in the economic development of the state of Jharkhand. Therefore, starting a small travel agency business is a very lucrative opportunity for entrepreneurs here. Generally, online ticketing, hotel booking, and packaged tours are the most potential areas in the travel agency segment.

#10. Petrol Pump

If you want to start a long-term business that has the potential of earning profits for a longer period of time, you can consider opening a petrol pump or fuel station. Opening a petrol pump requires moderate startup investment and a retail location is a prominent place. Some of the most promising brands are HP, Essar, Indian Oil, Bharat Petroleum, Jio-BP, etc.

#11. Battery Store

As more than 60% of the population resides in villages, the automobile density is very high in Jharkhand. Hence, the state is perfect for opening the automotive battery store. Starting a battery shop requires a small retail space and a low startup investment. You can open the store in two ways. Either as a multi-brand store or a specific brand store.

#12. Biryani Business

You can start a biryani business in the city areas of the state of Jharkhand. Starting a biryani shop is a profitable food-retailing business these days. There are four different business models available. These are Take Away Only, dining restaurants, biryani kiosks, and food trucks. Also, you can find plenty of established brands in the biryani business that are offering franchise opportunities for new entrepreneurs in Jharkhand.

13. Dairy Farming and Milk Distribution

Establish small-scale dairy farms and milk distribution networks to meet the demand for fresh and quality milk products in Jharkhand. Offer doorstep delivery services to households, businesses, and institutions.

14. Solar Power Solutions

Take advantage of Jharkhand’s abundant sunlight by offering solar power solutions such as solar panel installation, maintenance, and consultancy services. Provide clean and renewable energy solutions to residential, commercial, and industrial clients.

15. Agro-Processing Units

Start agro-processing units to add value to locally grown agricultural produce. Process crops such as rice, wheat, pulses, and spices into packaged food products, snacks, and ready-to-eat meals.

16. Eco-Tourism Ventures

Promote eco-tourism ventures that highlight Jharkhand’s natural beauty, wildlife, and cultural heritage. Offer nature tours, adventure activities, and homestay experiences in rural and tribal areas.

17. Mobile Repair and Servicing Centers

Provide mobile phone repair and servicing solutions in urban and rural areas of Jharkhand. Repair smartphones, tablets, and other electronic devices, offering convenient and affordable services to customers.

18. Waste Management Solutions

Introduce innovative waste management solutions focusing on recycling, composting, and waste-to-energy technologies. Process organic waste into compost, biogas, or bio-fertilizers, contributing to environmental sustainability.

19. Handloom and Handicraft Cooperatives

Form cooperatives to support local weavers and artisans in producing handloom textiles, bamboo crafts, and traditional artwork. Market and sell these handmade products locally and globally.

20. Herbal Medicine Production

Cultivate medicinal plants and herbs to produce herbal medicines, supplements, and wellness products. Tap into Jharkhand’s rich biodiversity and traditional knowledge to promote natural healthcare solutions.

21. Home-Based Catering Services

Offer home-based catering services specializing in traditional Jharkhandi cuisine or fusion dishes. Cater to events, parties, and corporate gatherings, providing authentic and flavorful meals to customers.

23. Community-Based Eco-Tourism Initiatives

Collaborate with local communities to develop community-based eco-tourism initiatives. Offer guided tours, nature walks, and cultural experiences, supporting rural livelihoods and environmental conservation efforts.

24. Digital Marketing Agencies

Start digital marketing agencies offering services such as social media management, content creation, and search engine optimization (SEO). Help businesses in Jharkhand enhance their online presence and reach target audiences effectively.

25. Sustainable Fashion Brands

Launch sustainable fashion brands producing eco-friendly clothing, accessories, and textiles. Incorporate traditional motifs, natural dyes, and organic fabrics inspired by Jharkhand’s cultural heritage and natural beauty.

26. Agri-Tech Startups

Develop agri-tech startups offering innovative solutions for farmers such as farm management apps, weather forecasting tools, and e-commerce platforms for agricultural inputs and outputs.

27. Rural Healthcare Clinics

Establish rural healthcare clinics providing basic healthcare services, telemedicine consultations, and preventive care programs to underserved communities in remote areas of Jharkhand.

28. Mini-Hydroelectric Projects

Invest in mini-hydroelectric projects to generate clean and renewable energy from small-scale hydroelectric plants. Utilize Jharkhand’s rivers and streams to produce electricity for rural electrification and off-grid communities.

29. Community Radio Stations

Launch community radio stations to broadcast local news, information, and entertainment content in regional languages. Serve as a platform for community engagement, cultural exchange, and social awareness initiatives.

30. Waste Paper Recycling Units

Establish waste paper recycling units to collect, process, and recycle paper waste into recycled paper products such as notebooks, stationery, and packaging materials.

31. Rural Skill Development Centers

Set up skill development centers in rural areas to offer vocational training programs in trades such as carpentry, plumbing, welding, and computer skills. Empower youth with marketable skills and employment opportunities.

32. Microfinance Institutions

Start microfinance institutions providing small loans, financial literacy programs, and business development support to micro-entrepreneurs and self-help groups in rural and urban areas of Jharkhand.

33. Mobile Healthcare Apps

Develop mobile healthcare apps offering telemedicine consultations, health tracking tools, and medical information resources to users in Jharkhand. Improve access to healthcare services and promote preventive care practices.

34. Bamboo Plantation and Processing Units

Cultivate bamboo plantations and establish processing units to produce bamboo products such as furniture, handicrafts, and construction materials. Harness bamboo’s versatility and sustainability for rural livelihoods and eco-friendly industries.

35. Community-Based Agriculture Cooperatives

Form agriculture cooperatives to collectively cultivate and market agricultural produce such as fruits, vegetables, and spices. Pool resources, share knowledge, and access markets to enhance farmers’ income and food security.

36. Organic Farming Ventures

You can tap the fertile soil and favourable climate of Jharkhand to start organic farming ventures. Cultivate organic fruits, vegetables, grains, and spices to cater to the growing demand for healthy and sustainable food products.

37. Tribal Handicraft Stores

Set up tribal handicraft stores showcasing traditional artwork, textiles, pottery, and jewellery crafted by local artisans. Promote indigenous craftsmanship while providing a platform for artisans to showcase their skills.

25. Handmade Paper Production

Start handmade paper production units using locally sourced materials such as recycled paper, cotton, and plant fibres. Produce eco-friendly paper products for art, crafts, packaging, and stationery markets.