Bihar is often viewed as one of the states with immense opportunities but still lagging behind other Indian states. However, entrepreneurs are rapidly changing that frame of mind. Bihar is almost always in news and is one of the trending topics on youtube and other social media platforms. Hence, if you do start a business in this state you won’t need to worry about marketing and standing out. So we have made a list of some of the ideas that you can work on if you want to start a business in Bihar.
Table of Contents
1. Pickle Business
Pickle making business is just another option to consider. The market for pickle business is immense and the demand keeps growing.
Pickles are essentially preserved food products, which are produced from condiment, fruit or vegetable that is soaked in brine or vinegar. Pickles are normally preserved with salt, oil, sugar, spices and other ingredients.
Pickles are also known as achaar in India. In India, there is a huge demand for pickled food products; especially mango, lemon, chilli and cauliflower pickles. Besides this, the Indian kitchen always uses several varieties of pickles. Of late, the demand for instant pickle mixes has increased tremendously. It is mainly because the new generation of women have become working professionals and they have less time to prepare pickles at home.
Nowadays you will find several shops with pickle vending machines. Pickle vending machines offer a convenient way to purchase small packets of pickles without any fuss. In other words, it is an innovative way to sell pickles in cities and towns where there are no retail stores nearby.
2 . Papad Making
One of the largest agricultural states in India, Bihar is home to various traditional and ethnic food items. While papad making is a common business idea, it can be highly profitable in the case of Bihar. Since papad plays an important role in serving at parties and other formal occasions, there is always a demand for freshly made papads in Bihar.
3. Honey Making
Honey is known for its organic and rich flavour. It is used widely in the making of numerous desserts and cakes. Bihar is a rich source of honey stored in the hives. In this business, you need to invest in setting up a store where you would collect the honey from the beekeepers and sell it to customers who are interested in buying honey in large quantities. You can also set up your website for selling honey.
4. Fishery Business
The fishery business is a financially and environmentally sustainable business, which involves raising fish commercially in tanks or enclosures for human consumption.
It is a business that does not require much capital to start up. It is profitable, has low maintenance costs and low operational risks and of course, it has very high market demand. Fish farming has many advantages over traditional agriculture – it requires less land, labour, water and capital investment than traditional crop production or livestock rearing. Fish farming requires very little in terms of equipment or machinery – just some basic tools to get started with – which means that even those on a limited budget can afford to start this business without spending too much money on capital expenditure. Fish farming is also an environmentally friendly business – it does not involve deforestation or excessive use of chemicals and pesticides as would traditional agriculture practice. Moreover, since fishes are found in abundance in the water bodies of Bihar, if you are looking for the best business ideas in Bihar you don’t need to look any further.
Fish farming can be done on a small scale (a few fish in tanks in the backyard) or a large scale (fish farms covering large areas of land). The fishery business is a fast-growing sector in India. The major areas where this business can be started are Shukul Bazar, Danapur and Vaishali.