Are you looking for ideas for the best profitable business in Bihar? Do you want to start your own business in Bihar?
If yes, then this article is just for you. There are lots of ways to make money, but not all of them are equal. Some opportunities are more lucrative than others.
We have compiled the list of profitable business ideas in Bihar, which are great opportunities for anyone who wants to start their own business.
28 Best Business Ideas in Bihar
Entrepreneurship is a challenging and rewarding career. But, it’s not for everyone.
If you’re at a loss for what your next move should be, this article will explore some of the most profitable business ideas in Bihar.
It will help you understand the landscape of entrepreneurship in Bihar and help you figure out what type of business might suit your personality best.
1. Wheat Processing
Yes, you read it right! Wheat Processing is probably the best business idea in Bihar.
This is because wheat is available. It can store all year round at affordable prices and for a long. This is also the only source of sale for many people in Bihar.
There are many home-based entrepreneurs who start making wheat porridge by grinding wheat, shelling it and grinding it again, frying it into cakes and earning a good income.
2. Fish Farming
People in Bihar are experts in fish farming. They know how to raise fish to the right size and sell it as fresh fish for which they receive the highest price.
The cost of fish farming is negligible compared to the profit. There are many who are having an enormous fish farming industry in Bhagalpur.
These are one of the best businesses in Bihar, but it comes at an enormous price. Since most of the eateries are very expensive, the customers are likely to be satisfied only if they get a good deal.
But one can make good money from the limited number of customers if they are offering good discounts.
4. Renting Agency
This is a well-known and easiest business ideas in Bihar. If you are looking for the best way to make money by this trade, then you can definitely look at this business idea.
This is an excellent opportunity for people who want to provide a service for renting and selling a property.
5. Xerox and Printing Shop
This one is in the printing business. It is the best business for those who are interested in having their own shop and need to bring many jobs.
For example, if you want to start a photocopy shop, you can make the same copy with minimal effort but have to invest a minimal amount.
6. Tailoring Shop
Tailoring is one of the topmost profitable businesses in Bihar. People prefer to buy clothing made in Bihari Tailors, as they find it comfortable and functional.
Something usually customises according to the needs of the customer. The majority of the buyers prefer to buy tailor-made apparel because it can give them the highest value for their money.
The reason is that they want to be unique and original. A Tailor rarely demands money from his customer for buying an outfit because I assure them of a high value.
A Bihari tailor can provide customised apparel like T-shirts, jeans, leggings, blouses, and shorts, etc.
7. Fruit Juice Corner
After growing up, it taught every child to drink fruits, and in Bihar, it is the health-conscious people who prefer drinking fresh fruits.
This is because there is no extensive availability of fruits in the market. In Bihar, you can make and sell fruit juice, and make money at the same time. Learn how to make fruit juice and start a small business.
8. Potatoes, onion and tomato
Punjabis love to eat potato, but unfortunately, most of the time, it is not available at reasonable prices. However, in Bihar, the potato is easily available in open markets.
The demand for onion, tomato, and other spices is very high, as it is used in different preparations. There are many sectors where potato is used, and they are easy to gain.
9. Pani puri stall
Bihar is called the land of natural resources. Have you ever wondered what are the natural resources available in your backyard?
If yes, then Bihar is called the land of natural resources. In Bihar, there is a lot of land that is free of investment.
You can easily set up a small stall and make money by selling the pani puri. You can get 100% profit by selling pani puri for less price. If you think it is not possible, then you need to have a powerful marketing strategy.
10. Honey Making
While most people in Bihar are familiar with Haldi, the most common way to earn is to make honey. Usually, the area where the bees are found in large numbers can be used as an area to make honey.
All you need to do is find a place where the bees are kept busy by gathering nectar from flowers and then using them to collect nectar from different flowers.
Bees collect different nectar from flowers. To attract bees and make them stay at a specific place, there should be an aroma or sweet nectar on the flowers.
Bees have to keep moving around all day to collect nectar from different flowers. The more flowers there are in the area, the higher the chances of finding more honey.
It attracted bees to flowers that have a sweet scent. For this, flowers have to be a particular colour.
11. Papad making
Bihar is home to the largest papad market in India. In one Bihar town, every household produces 100 to 150 pieces of papad a day for the local market and exports it to other towns of the state and many parts of India.
The market is mainly centred around the major city, Patna. Different papads like Basundi, Saran-Wala, Rajasthani and Khatai Papads are popular and are sold in big packets for a reasonable price.
12. Teabag making
The main reason tea bags are quite a profitable business is that many people don’t know how to make them.
Another reason is that most of the people who make tea for a living are illiterate and most of the tea that they sell goes to local vendors.
One more reason is that there are people who are very willing to work with these teabags. Many even visit the tea factories, learn the job and start earning.
13. Tyre store
Tyre business is one of the most lucrative businesses in the country. It is also one of the most sought after businesses in Bihar. 3.5 to 4 million tyres are sold in Bihar every year, which generates annual revenue of almost Rs 30 billion.
The industry is very young and manufacturers usually provide incentives for the import of tyres. Any of these innovative innovations would be an enormous success in Bihar and there is no reason you shouldn’t start a tyre business in Bihar.
14. Food catering
If you have the talent and skill for food preparation, then you can make money by catering for people. Whether it is a wedding party, a corporate party or a school function, you can make money from caterers.
You can book parties of over 100 people, then you will have to decide on the menu and prepare the food. Alternatively, you can prepare the food in advance and shop for everything needed, then you will have to cook and serve the food to the guests.
15. Grocery shops
Grocery stores are the most profitable businesses in India. If you are an entrepreneur and ready to start a business, then you can start a grocery business.
You can easily set up a store in any of the biggest cities in the country. The rates of the goods in a store depending on the quantity, and you can have a successful business by selling a particular quantity of product every day.
16. Computer Training
One of the biggest advantages of doing computer training is that you will not need to be an expert in any specific field.
Since most of the students in the class are beginners, they can easily get one task done. It is often a great idea to charge less than the normal price. It will bring lots of customers.
If you do a good job and provide high-quality services, people will love you. Even if you charge a little higher than the normal rate, it will still be a profitable business.
17. Bakery Business
The bakery business in Bihar is one of the best in the world. It is one of the most profitable businesses in the state and there is nothing better than having a successful bakery business in your town.
There are lots of bakeries in Bihar. Many of them are open 24/7, and they make loads of money through food.
They are making money every single day. Bakers are selling cakes, cookies, and other tasty treats, and you could even set up a bakery business if you are a local baker.
If you have money and you are a local baker, you could hire an assistant to help you and start your business.
This way you can make a bit more money on the side by selling some of your good wares. You can buy bakery ingredients, but we suggest you buy them from shops that sell cheap supplies.
18. Bottled water supply
If you want to start a company that provides fresh, clean and cold water, then you can join the state-run Bottled water supply scheme.
You can be the professional water purifier of Bihar, an occupation that doesn’t even require any formal education.
19. Food Truck
Being a food truck owner in Bihar is extremely rewarding. The food truck in Bihar has been there for over one decade.
20. Ice-Cream Parlor Business
All ice-cream parlours in Bihar are extremely profitable because their cost of production is very low. The average cost of production of an ice-cream parlour in Bihar is just Rs 18,000.
Also, customers in Bihar will pay more for ice cream than in other regions of India. Ice-cream parlours generate thousands of rupees a month, but they may not be a good idea for the new business owner who is just starting out.
21. Flower Shops
The cost of operating a flower shop is almost the same as that of an ice-cream parlour. However, the profit margin is higher in flower shops.
Flower shops may generate a profit margin of over 60%. However, it’s very important to pay good attention to your flower shop to ensure that you are operating the business profitably.
22. Coaching Centre
Hiring a business coach in Bihar can be a great option if you are looking for a way to earn extra income. Getting training and learning the techniques of business ownership can prove profitable business ideas.
A class at a coaching centre cost anything from Rs. 1000 to 2000 per person. The owner of the coaching centre will make money only if he can make more money than the cost of the training.
But a key requirement of this business is a suitable location which would be always filled up with eager students. There are a limited number of students who can enrol in the course.
The owners will need to register with the government administration and start the course with the right advertisement in local newspapers and on the internet.
23. Antique and furniture restoring
There are lots of antique buildings which are in dilapidated condition in the districts of Gaya, Patna and Muzaffarpur. You can use them as your business centre and earn easy money.
There are lots of antique business centres in Bihar, including Baishnabgunj, Batwan, Patna, Patliputra, Patna Junction, Begusarai, Digha, Nalanda, Nandgaon, Chakia, Purulia, Aujla, Darbhanga, Jagdishpur, Bhojpur and Kishanganj.
24. Handmade shoes, bags, bags, curtains, shoes
If you are into knitting and need a source of income, then you should consider this option. Many products like bags, covers, and dresses made from these products are available in the markets of Bihar.
There are lots of unique items made from different fabrics available in the market.
25. Tea Shop
This is a good idea for people who love tea. There are many tea shops in Bihar, which sell the best quality of tea. Apart from the good quality tea, one can have a meal there.
There is a wide variety of food like dosa, gulab jamun and jalebi. The best part is that the entire place is very clean.
The most popular spots to have lunch in the place are Biharidasan Road, Bade Kaliya Marg, Mohammadpur, Sadak Bazar, Patna Railway Station Road, Gandhi Darshan Marg, Paharpur, Kailasha Colony and other areas.
26. Transport Business
It is the number one business in Bihar, according to many. Transport business in Bihar, in which you can start by renting a vehicle to others, can make huge profits.
You can rent cars to others and later you can charge higher rentals for hiring out vehicles. You can buy or rent big and small vehicles and then use them for different purposes.
We suggest that you plan well before you start your business and make a detailed budget. So, it is important to calculate all the expenses and plan out your budget in advance.
27. Selling Fresh Food
It is the business of people who buy and sell fresh food. People want to buy fresh fruits and vegetables, but they need the right amount of money to buy.
To help them, there is an opportunity in the market for you to start a food business.
28. Mobile Accessories Business
One of the best choices for start-ups in Bihar is Mobile Accessories Business. When you open your own Mobile Accessories business in Bihar, you will need to buy one. All you have to do is to find a place where you can get one.
When you get the mobile, you need to get hold of a phone and accessories for it. You will need to start with only 3 or 4 mobile accessories.
These mobile accessories can be anything that is used for hands-free use or basic use. You can start with only one phone and accessories for it and gradually start buying more mobile accessories for your business.
You can charge around 2 to 4 rupees for every mobile accessory, so that’s 10 to 20 rupees per mobile accessory.
Conclusion: Business Ideas In Bihar
All people find it hard to make money. Several people prefer to opt for the small business that is less risky and with a lesser number of risks.
You can find great business ideas for you in Bihar as you can find an opportunity to make money in the categories which you have been searching for so far.
There are opportunities in many sectors, so you don’t have to be limited to any sector. While you search, you will always find an opportunity to earn over 10 times what you pay.
Many people do not even imagine the options available to them. I hope this article “best business ideas in Bihar” will help you to grab the best opportunity.