Okay, let’s be honest, guessing we can all agree to the fact that this COVID-19 has been as annoying as those credit card sales calls. They’re unwanted, uncalled for and its keeping our business’s line on hold
Moreover, The Purchasing Manager Index PMI of the service sector crashed an all time low to 5.4 from 49.3 and the PMI of the manufacturing sector to 27.4 from a booming 51.8. Even worse, amid the coronavirus pandemic about 121.5 million Indians have lost their jobs. We know and we resonate with you,
And that’s why we are going to do the best of our bit for you to recover from everything you’ve been through so that you are able to do everything you’d planned to. We at startupYo have got these ideas for you so that you get all started up and about
Take a look at these business ideas, how they get along with your pre-existing knowledge, pick up your target consumers to cater to once this lock down is done locking us down
Corrugated cartons and boxes:
All the delivery oriented platforms like e-commerce: amazon, flipkart, Myntra etc. courier services FedEx, DTDC etc. have been able to survive since long and especially now amid the coronavirus when safety and precautions to contain its spread is of immense importance, the boxes in which the parcels are shipped, dispatched and delivered which are the cardboard cartons and boxes play a crucial role
These boxes not only help in safe keeping of the parcel but is a profitable business to enter into because of the convenience it provides in making a no-contact delivery where the box could just be left on the door step of the consumers.
Investment: 1 lakh – 1.5 lakh
Health-friendly snacks business
Because of the need of consumers amid the pandemic to pass their time which led them to have an active lifestyle of working out, exercising, maintaining a diet etc and of others to others to quit snacking on junk
Either ways the market for health-friendly snacks like below, is huge because of the demand from those who prefer maintaining their physique as well as those who want to make a physique
Moreover, the emergence of westernization and shifting consumption patterns of consumers also contributes to this market
Investment: 10 lakhs
FRP ( Fiberglass reinforced plastics ) boxes or Food delivery boxes
This virus has surely put a lock on us enjoying that restaurant vibe for fancy luncheons and dinner evenings but the restaurant and food delivery apps like Swiggy, Zomato etc
These are seen doing their least yet best when it comes to letting us enjoy the food of our favorite spaces we crave which otherwise wouldn’t have been possible without those FRP boxes which helps in keeping the food warm, safe and fresh
These boxes are used in delivery of
The market for food delivery has become so vast that Swiggy, which once used to deliver 700000 orders per day in 2019 now delivers 1,4 million orders per day and these FRP boxes made that happen
Investment: 20 lakhs-30 lakhs
Sanitizers making business
The need for this product in this particular has been more than ever and will be so in the coming years. Because of sanitizer’s capability to kill the virus-spread germs within as less as 30 seconds and containing the virus from spreading this product has become a must have for every individual like their mobile phones, can’t do without.
The sanitizer market can be captured in the form of manufacturing
Infact the sanitizing market of india is expected to witness a growth by 405 million dollars within 2020-2025
Investment: 1 lakh – 5 lakh
Face masks making business
Confused which face mask now? Well, blame covid-19 for that. But the face masks we are talking about are the beauty oriented, skin hydrating face masks.
Because of the growing need of no-make up look, free time on hands and the desire to adapt a healthy looking and glowing skin the demand for these face masks have been actively spreading out in both the male and female population, beauty has no gender, does it.
This market is vast because of westernization in the skin care standards, always popping beauty trends and are likely to exist for a while now.
The types of face masks that can be manufactured are:
Infact the global face mask market is expected to grow at a CAGR of 10.2% and its market value is estimated to hit a high of 11.37 billion dollars by 2025
Investment : 10 lakhs – 20 lakhs
This pandemic did put you on hold nut now it’s the time for you pull up your socks and start small, start from here.
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