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Jammu & Kashmir unfortunately yet to develop business-friendly atmosphere as you see in cities like Bengaluru, Delhi, Chennai, Hyderabad, Pune, etc. However, the youth of Jammu and Kashmir are equally competent if not more in starting and developing business enterprises.
Here we have compiled top popular and profitable franchise business opportunities in Jammu and Kashmir including major cities like Srinagar, Jammu, and Anantnag. This list will help you in making an informed decision in selecting the right one.
List of 10 Profitable Business Ideas in Jammu and Kashmir
#1. Bakery Business
Starting a bakery or cake shop is a great business to start not only in the urban area but also small towns. Nearby educational institutions, office, malls, supermarkets are the potential locations for starting this business. Apart from starting your own, you can consider opening as a franchise partner of a reputed brand. Some of the profitable opportunities are The French Loaf, World of Waffles etc.
#2. Saree Business
Tourists always love to shop. And Kashmir is also popular for the hand-crafted textiles like silk and Pashmina. Hence. opening a saree business is one of the most profitable business in Jammu and Kashmir. Saree is one of the most popular ethnic wear in India. The women from every state wear saree on occasions, celebrations, and festivals. To know more about available franchise opportunity follow Top 5 Saree Franchise Opportunities in India.
#3. Courier Business
Jammu and Kashmir (J&K) is the northernmost state of India and a global tourist destination. So, there is a natural demand for the fast and reliable courier service in the state. A lot of renowned courier companies are offering franchise opportunities currently. Also, you can start a courier business with a small commercial space and low startup investment. To get more, go through Top 10 Courier Service Franchise Opportunities in India.
Playschools play a huge role in the overall development of the kids. Starting a preschool business is actually contributing towards building your nation for future. If you are passionate about teaching especially to kids buying a preschool franchise is a very good option. Some of the available and popular playschool franchise opportunities are Kidzee, Hello Kids, TreeHouse, Bachpan, and Shemrock etc.
#5. Coffee Shop
The coffee shop is an emerging business in India. India is the sixth largest producer of coffee. And with the rising developments in the café market, the consumption of coffee is also rising. The country is changing with the shifting lifestyles, along with improving disposable incomes, increased influence of western countries, easy accessibility to internet and other media etc. To know more about available coffee shop franchise opportunities, go through Top 10 Best Coffee Shop Franchise Business Opportunities.
#6. Medicine Store / Pharmacy
Starting a medicine store or pharmacy is a profitable business in Jammu and Kashmir. Not only is the city areas, but this business also has profit potential even in the rural Kashmir areas. Additionally, it’s a recession-proof business that you can open with moderate capital investment. If you are a beginner in the industry, you can consider buying a franchise business. Some of the profitable opportunities are MedPlus, MedZone, Apollo Pharmacy etc.
#7. Biryani Business
Nowadays, biryani is getting huge popularity in every age group of people. Especially, the young generation consumes biryani very often throughout the day. Also, it is a great food item for celebration and offering guests. Hence, you can consider starting a biryani business in as such any areas in Jammu and Kashmir. If you don’t have any prior experience in handling the food items, you can consider buying a franchise option. To know more, follow 6 Best Biryani Franchise Opportunities in India.
#8. Cartridge Refilling
Cartridge recycling is a fast growing industry, with great earning potential. There are millions of potential customers. Virtually every home and business has an inkjet or laser printer. Cartridge refilling is a multi-billion dollar industry. Also, it is a fast-growing business with an estimated market size of Rs.4000 crores in India. Being consumable in nature there is a recurring need for printer cartridges. To know more about available cartridge refilling franchise opportunity, go through 5 Top Cartridge Refilling Business Opportunities in India.
#9. Fast Food Business
The overall fast food consumption is increasing very fast throughout the country. And there are several reasons behind it. First of all, these foods are available at comparatively cheap rate. Some of the other reasons are wide availability, fills stomach for a long period, easy to consume etc. Therefore, starting a fast food business is a quiet natural choice for the entrepreneurs in the food industry. Find here Top 10 Fast Food Franchise Businesses in India.
#10. Travel Agency
The natural beauty and picturesque locations have made the state favored destination for tourists across the world. Jammu is famous for its temples, while the Kashmir Valley is known for its lakes and garden. Therefore, the state has huge potential in the travel-related businesses. Also, there are plenty of big brands who offer franchise opportunities for the new entrepreneurs. Here you can get Best Travel Franchise Business Opportunities in India.
Total tourist arrivals to the state reached 14.32 million in 2017 out of which 14.24 million were domestic tourists and 79.77 thousand were foreign tourists. These statistics prove that Jammu and Kashmir has huge potential in starting and running small businesses for the new entrepreneurs.