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1. Food Truck or Restaurant: The love for food runs deep in Hyderabad, making running an eatery or restaurant a promising venture. Consider a mobile restaurant to reach a wider audience by navigating different parts of the city.
2. Car Rental Business: With numerous IT firms in Hyderabad, there’s a constant demand for daily car rentals. Starting a car rental business can thrive in this tech-savvy city.
3. Digital Marketing Agency: Leverage your digital marketing expertise by launching an agency in Hyderabad. The abundance of tech enterprises provides a ready clientele.
4. Agriculture Processing: The agro-processing industry can be highly profitable. Process agricultural products and package them for sale. Having your own farm can ensure a steady supply of raw materials.
5. Courier Service: Launching a courier service requires minimal capital and space. You can even collaborate with established courier companies as a franchise partner.
6. Recruitment Agency: Hyderabad’s constant need for skilled workers, especially in IT and pharmaceutical sectors, makes starting a recruitment agency a potentially profitable endeavor.
7. Poultry Business: While a poultry business requires initial investment in land, funds, and equipment, you can start small and gradually expand into large-scale chicken farming.
8. Providing Accounting Services: Offering freelance accounting services on an hourly or retainer basis can cater to the needs of small businesses unable to afford a full-time accountant.
9. Tour Planning: With Hyderabad’s rich tourist attractions, you can create unique vacation packages as a tour planner, capitalizing on the city’s tourism potential.
10. Opening a Playschool: Parents in Hyderabad prioritize quality preschool education for their children. If you enjoy working with youngsters, consider starting a playschool.
These business ideas offer diverse opportunities to tap into Hyderabad’s dynamic market. Choose the one that aligns with your interests and skills while staying within your budget of ₹20 lakhs.
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