Wednesday 17 July 2019

11 BUSINESS IDEAS FOR NRI's OR NRI RETURNEES WITH 5 LAKHS TO 10 LAKHS OF INVESTMENT


1-  FOOD TRUCK


Nature: Business Ideas
Category: Food & Beverages (F&B).
Food truck is a trending business in all the metro cities around the globe but its rarely seen in Indian streets in a professional way. So, you always have the space if you are doing it at right/professional way. Most good part is that licensing is much easier.   

Infrastructure cost: High
Materials Cost: Medium
Land Cost: Not Required
Set up cost: High

1-    5 Lakhs to 7 lakhs (for setting up the truck along with required kitchen equipment’s.)
2-    3 Lakhs for food materials and other expenses like canopy, foldable chairs and standing tables etc.
Total Investment required: 10 Lakhs Approximately.

food truck nri business idea
Photo Courtesy: www.foodtruckcompany.com

2-  COFFEE SHOP/CAFÉ


Nature: Business Ideas
Category: Food & Beverages (F&B).
Coffee plays a good role in our day to day life. In cities people will have a tea or coffee at least one time outside in a day. You may have to face big names in the market, but proper pricing and selection of raw materials and quality of service, food & beverages will bring you success for sure. Location & ambience is also playing a good role in success of your shop.

Infrastructure cost: High
Materials Cost: Medium
Land Cost: Low
Set up cost: High

Total Investment Required: 10 Lakhs Approximately.

coffee shop / cafe  nri business idea

3-   FROZEN STORE


Nature: Business Ideas
Category: Frozen Food.
These days demand for frozen foods are increasing since people are getting more into junk foods, instant foods and fast foods. Frozen foods will include but not limited to burgers(beef, chicken, mutton, veg) sausage(chicken, beef), French fries, olives onion rings, potato wedges, cheese, jalapenos, nacho cheese, mozzarella cheese, cheddar cheese, feta cheese, fresh chicken, frozen beef, frozen fish, mortadella, pickles etc are some of the items comes under these category you can include.

Infrastructure cost: High
Materials Cost: High
Land Cost: Low
Set up cost: High

Total Investment Required: 10 Lakhs Approximately.

frozen food in chiller nri business idea
Photo Courtesy: www.disabilityfeast.wordpress.com

4-   UNIT FOR PLASTIC RECYCLING


Nature: Business Ideas
Category: Factory/Industry.
Government is always promoting all kind of recycling units especially plastic recycling unit. 10 lakhs will be enough for setting up a small plastic recycler unit.

Infrastructure cost: High
Materials Cost: High
Land Cost: High
Set up cost: High

Total Investment Required: 10 Lakhs Approximately.
PLastic recycling unit NRI business ideas
Photo Courtesy: www.indiamart.com

 5-   STATIONARY SHOP


Nature: Business Ideas
Category: Stationary/Office Supplies.
Main highlight of this business is that you small kids starting from pre-school to schools, colleges, offices, factories, shops, corporates, everyone needs stationary supplies in their day to day life, so this business have never ending requirement and wide scope.  
The need for items like paper, pens, scale, sharper, highlighter, correction pens, rulers, tapes, rubber bands, seals, inks pencils are some of them there are 1000’s of items you can include and most of them comes without expiry date so that your materials will last for longer in stock.

Infrastructure cost: Medium
Materials Cost: Medium
Land Cost: Low
Set up cost: Medium

Total Investment Required: 10 Lakhs Approximately.

Stationary shop NRI business ideas

6-   FREIGHT FORWARDING/COURIER SERVICE


Nature: Business Ideas
Category: transportation
For freight forwarding or courier service company a warehouse set up is required and you should have the experience/knowledge of freight forwarding.

Infrastructure cost: Low
Materials Cost: Low
Land Cost: Low
Set up cost: Medium

Total Investment Required: 8-10 Lakhs Approximately.
Freight Forwarding NRI business ideas
Photo Courtesy: www.verksglobal.com

7-   NURSERY PLANTS


Nature: Business Ideas
Category: Agriculture
Main concern for nursery will be land or area, we require enough land to keep the plants and all. Demand is high, and you can have a good profit on the same. Can cover the areas like gardening, seeds, fertile soils, plants, coconut plants, fruit plants, bushes, fertilisers, chemicals, pesticides etc.

Infrastructure cost: Low
Materials Cost: Medium
Land Cost: High
Set up cost: Medium

Total Investment Required: 10 Lakhs Approximately.

plants nursery nri business idea

8-   EVENT PLANNER/ORGANIZER/ SOLUTION INTEGRATION


Nature: Business Ideas
Category: Management
Now a day’s demand for event organization is high only few of organizations do A to Z required for an event. So, organizing everything under one umbrella is kind of solution integration.  

Infrastructure cost: Low
Materials Cost: Low
Land Cost: Not Required
Set up cost: Medium

Total Investment Required: 5-8 Lakhs Approximately.

9-   CATERING UNIT/SERVICE


Nature: Business Ideas
Category: Service/F&B  
Major things you must take care are kitchen equipment’s, kitchen, good chef’s and good catering crew. Endless demand for catering service is increasing day by day. Marriages, birthday parties, events, baby showers, engagements all the functions catering plays a major role.

Infrastructure cost: Low
Materials Cost: High
Land Cost: Medium
Set up cost: Medium

Total Investment Required: 10 Lakhs Approximately.

catering nri business idea

10-  FARMING


Nature: Business Ideas
Category: Farm  
Farming is one of the trending business idea among the NRI’s, poultry farming, cattle farming, goat farming everything can give you piece of mind and good profit as well.

Infrastructure cost: Medium
Materials Cost: Low
Land Cost: Medium
Set up cost: Medium

Total Investment Required: 10 Lakhs Approximately.

Farming NRI business idea
Photo Courtesy: www.fginsight.com

11-  OIL MILL


Nature: Business Ideas
Category: Factory/Industry  
Even though enough oil mills are there available professional ones are very minimal, quality service & oil will bring you success only. You can implement unique ideas into it cause now a days apart from coconut oil sunflower oil is also very popular as like that you can even include corn oil, virgin coconut oil and other oils as well with unique designs and bottle and all it has good space in the market.

Infrastructure cost: Medium
Materials Cost: High
Land Cost: Low
Set up cost: High

Total Investment Required: 10 Lakhs Approximately.

oil mill NRI business idea
Photo Courtesy: www.savoiapower.com
Note that all the pricing is estimation only actual may vary according to the geographical features, land, location, materials used.



No comments:

Post a Comment