Top 12 Business Ideas For Students In India

Running a successful business is certainly not everyone’s cup of tea. But then, business cannot be limited due to factors such as age, gender, or work experience.

Many students in India, nowadays, are combining their academics with some business that can help them make some money and may even build a career eventually. Indeed, many students can focus on academics as well as gain practical exposure by working on business ideas early on. Here are top 12 business ideas that students in India may explore.

1. Content Writing

In recent times, content writing is thriving as it provides crisp and accurate information about a product or service or a topic. Content writing encompasses product descriptions, marketing copies, press releases and many more aspects. It is a way of communication between customers and companies. Precise knowledge and thorough research provide point-to-point information to a website visitor. This also enables the potential customers to make up their minds regarding a product. Since it requires only research, students in India can easily get into content writing.

2. Freelancing

Freelancing is one of the most flexible part-time jobs for students. Each one of us has a skill in which we are better than the others. This skill can be turned into a freelancing job. The skill could be photography, proofreading, editing, logo designing, writing etc.

3. Online Tuitions

If a student also enjoys teaching then conducting online tuitions is a good business. Tuitions can be provided for various subjects. Teachers having an expertise in a specific subject can also be engaged. Tutorials can be recorded and later sold to students at an affordable price. YouTube channels can also be launched where short conceptual videos can be uploaded and shared by students in India.

4. Event Management

An emerging business opportunity, event management requires displaying creativity with a touch of originality. If a student is good at planning and organizing events, then they should definitely explore event management. The business profile can include planning and organizing events like college festivals, marriage functions, birthdays etc.

5. Affiliate Marketing

An affiliate marketer promotes brands, products or services of a company and earns commission on the sales they generate. A predetermined proportion of the product’s value is paid as the commission. This business idea provides good earning to students in India without investing one’s savings.

6. Digital Marketing

As every business is trying to make its presence digitally, this marketing domain is growing exponentially. This includes working on a company’s website, online marketing, creating social media presence on various platforms and any other activity to boost digital presence.

7. Web Design and Web Development

Businesses of all sizes need their presence online. These organizations need to adopt modern technologies to be able to do digital marketing. Web development also serves as means for the companies to communicate with their existing and prospective customers. To start a business, a student may offer web designing and development services to small and medium sized businesses in the nearby local area.

8. SEO Services

Search Engine Optimization is an essential technique which ensures that a website appears on the first page of search engine results. This helps boost the website traffic for the company and is an important part of digital marketing. Students can learn the basics of SEO and start a business at zero cost.

9. Social Media Management

Nowadays, most students have social media expertise. Though companies have realized the importance of social media presence, they might not have the time to manage their business on social media platforms like Twitter, Facebook and Instagram. So, these companies are outsourcing the job to students. They need to manage the company’s social media presence and implement strategies to boost the sales.

10. Drop Shipping

Drop shipping is ideal for a student who are interested in ecommerce businesses but lacks the space for storing inventory. A drop shipper creates a website containing the listing of all the products he/she wants to sell. The drop shipper can set the price of the product at his/her will. Also, the drop shipper needs to partner with suppliers who can ship the product. When a customer places an order, the drop shipper forwards the order to a third party or the supplier of the product. The supplier then ships the order directly to the customer. The drop shipper is a middle person who earns the profit.

11. Home Cooking or Baking Business

If a student is interested in cooking or baking, they can start a business catering food items prepared in a home kitchen or a cloud kitchen for various functions and gatherings, offering flexibility and scalability.

12. Start A YouTube Channel

Students can start a YouTube channel showcasing their talent on any subject such as how to play a game, how to cook certain delicacies, promoting a commodity or brands etc.

Conclusion

Students wanting to start a business while pursuing academics require determination, hard-work, perseverance, and innovative thinking. Above all, it will require balancing academics and business and various factors affecting them.

In case a student needs some investment to start a business they can take a personal loan or even business loan from banks and non-bank finance companies such as IIFL Finance. The loans from IIFL Finance start from as small a sum as Rs 5,000. IIFL Finance offers a hassle-free a loan approval process that requires minimal paperwork.