There is a deep worry in the minds of residents given the increasing alarming rate of unemployment in the valley Kashmir. Despite the fact the youth of Kashmir are highly talented and qualified, there are insufficient jobs to sustain their career opportunities.
In Kashmir, many aspire to work for the government, but it’s essential to note down that it’s not feasible for all and everyone. Addressing unemployment often involves delving into entrepreneurship. If you are a youth who are looking forward to start a business in the valley, here are the 53 most profitable business opportunities you can begin in the Kashmir for a very low investment and at the same time earn high profits.
Highly profitable business ideas
Agriculture business
A study conducted by Startup Kashmir has revealed that 23% of Jammu and Kashmir’s GDP is generated by the agricultural sector. However, due to the lack of a well-organized framework, many people are reluctant to work in this secto. There is a dire need to enhance the domestic agricultural industry to compete with costly imports and boost its economic viability.
Kashmir benefits from rich soil minerals, eliminating the need to import potatoes, rice, onions, mushrooms, and strawberries from other states. The region’s fertile land offers a prime opportunity for local farmers to cultivate vegetables, cereals, and dry fruits. Additionally, the food processing industry can enhance the value of these locally grown products, presenting various avenues for economic growth.
Dairy farming
Kashmir faces a huge shortage of dairy farms to fulfill the local demand for top-quality milk. The local business owners must invest more resources and put efforts in milk production. Even in the presence of popular local milk brand Zam Zam and other local brands, there’s still a significant gap between demand and supply in areas like Anantnag, Pulwama, and Srinagar. Establishing dairy farms with high milk yielding cows and proper facilities is essential to bridge this gap.
Butter/Curd production
You may also consider selling butter and curd in the local Kashmir market, filled with abundant households, restaurants, and hotels. While your dairy farm produces milk, diversifying your offerings can enhance your sales opportunities.
Poultry farming
Despite the fact that there is a high demand for chicken meat and eggs in Kashmir, the region produces limited quantities of both products. Kashmiri residents spend millions on chicken imported from other states. Local entrepreneurs can retain this money within Kashmir by establishing more chicken farms locally.
Recycling business
The recycling business in Kashmir hasn’t seen the full spectrum of commercial action up to this point. To fix the waste problem in the valley, which is thought to be worth millions of rupees, there needs to be more recycling collection centres and other businesses that work with them right away. In Kashmir, you can make money by picking up large amounts of trash like paper, plastic, aluminium cans, copper, metal scraps, and empty ink cartridges that are polluting homes and businesses. Then, these things can be sent to companies that recycle.
Digital Marketing
There are a lot of businesses in Kashmir, like restaurants, hotels, and shops, that could use the help of experts in their field to take advantage of the growing popularity of online shopping. If you have a lot of experience with digital marketing, you’ll be able to offer them a wide range of services, such as SEO, SEM, and SMO, depending on what their businesses need.
Computer support
There are a lot of computer users in Kashmir, so there is a big market for timely computer support services. People, banks, government agencies, and educational institutions are all part of this market. Keeping this in mind, it’s a good idea to start your own computer repair business if you can figure out what’s wrong with computers and fix them.
Web design and development
Over the past few years, there has been a steady rise in the number of people in Kashmir who use the internet to do things like look for jobs, shop online, access educational materials, and so on. Because of this, local businesses, universities, colleges, and even schools are under a lot of pressure to build their own web portals and connect with those of their customers. Web developers who have done this before will see this as a great chance to start their own web design businesses.
Tourism business
The travel and tourism industry is an important part of Kashmir’s economy because it employs somewhere between 25 and 30 percent of the total population of the valley. Every year, more than a million tourists came to the valley, and that number is only going to grow as time goes on. With so many tourists coming to Kashmir, there is a need for local businesses that can meet their needs for food and lodging, fun activities, and transportation around the region. You can start a tourism-related business as a tour guide, a restaurant where people can eat, a hotel where people can stay, a taxi service so people can get from one place to another, or in a number of other ways.
Sheep farming
Every year, more than 60,000 metric tonnes of mutton are consumed in Kashmir. About 40,000 tonnes of mutton are made in the valley every year, and the other 20,000 tonnes come from places outside the valley. If sheep farms were set up all over Kashmir, the imported mutton could be replaced with meat that was raised locally.
Saffron farming consultancy
Saffron cultivation is a common farming practice in the Pampore area of district Pulwama. If you’re an experienced farmer who would want additional income, you should offer expertise to the farmers about saffron cultivation so that they are able to optimize the quality and yield of their farming produce.
Hand-made Pashmina Shawls
If you are a skilled craftsman, you may want to open a business that would involve you in crafting luxurious Pashmina Shawls, and at the same time make sure you showcase and promote the Kashmir’s traditional craftsmanship to others living in other parts of the world.
Kashmiri cuisine cooking classes
Those particularly ladies who know how to cook Kashmiri dishes, can consider offering classes which would attract and make locals and tourists master the art of cooking authentic Kashmiri dishes and tasty cuisines.
Walnut processing unit
Kashmir is known for walnut production allover the world and there is scarcity of walnut processing units in the valley. You could establish a facility where you will make sure you process and package Kashmiri walnuts to cater to the needs of local and international markets.
Eco-friendly tourism services
Entrepreneurs who are looking for business opportunities in the tourism sector of the Kashmir can also offer sustainable travel and tour experiences, and thereby making sure they promote the environment friendly practices in the picturesque region.
Kashmiri Artisanal teas
The locals with entrepreneurial spirit can also create unique blends of Kashmiri tea locally popular as Noon Chai while making sure they combine local herbs and favours.
Houseboat Renovation Services
Houseboats are seen in the popular Dal lake of Srinagar city which are loved both by locals and tourists when it comes to making several rounds of the Asia’s largest water-body. These house boats often need renovation services and you can make money by modernizing these traditional houseboats with your renovations services.
Kashmiri Handicrafts Online Store
People everywhere are continuously going online for shopping purposes and Kashmir is no different when it comes to shopping a lot of things online. You can setup an e-commerce store to sell authentic Kashmiri handicrafts globally.
Culinary Tours
You may also like the idea of organising guided tours to make sure you allow explore Kashmiri local food markets and cuisines.
Herbal Skincare Products
You could develop and sell skincare products like Iqra Yaqoob of Budgam who uses locally sources and natural ingredients to make and sell a wide variety of skincare products.
Kashmiri wedding planning
If you have knowledge and experience in event management, you can offer wedding planning services to the local families like Rashid Shah of district Kupwara does by organizing traditional Kashmiri weddings while incorporating cultural elements in the weddings.
Adventure tourism packages
Tourists with adventurous souls look for affordable adventure packages that would allow them enjoy trekking, skiing, and river rafting activities. Shahid Anwar is a good example of an entrepreneur who offers adventure packages in the Pahalgam region and thereby makes a lot of money by curating trekking, skiing, and river rafting experiences.
Language classes
Those who have a PG degree in Kashmiri may want to teach the unique Kashmiri language to enthusiasts like Ishfaq Magray of Ganderbal does as he teaches Kashmiri language and in his own words he not only earns a decent amount of income by also fosters cultural preservation.
Saffron ice cream parlour
Opening a saffron icecream parlor is a new and great way to introduce a dessert ship in the Kashmiri valley that would feature organic saffron infused ice creams to the local and tourist markets.
Kashmiri antiques restoration
Those who love the phrase “old is gold” may want to open a business featuring the restoration and preservation of antique furniture, handicrafts, and artifacts. Shameema Begum of Sopore is a perfect example of a Kashmiri women entrepreneur as she restored and preserves Kashmiri antiques.
Digital marketing services
Digital marketers like Shahid Amin offers SEO, and SEM services to the local businesses to make sure they enhance their online presence. You should open a website and feature all the important digital marketing services with affordable packages.
Publishing house
If you love literature, you can establish a publishing house like Shafi Shah of district Kulgam who is focused on promoting Kashmiri literature.
Kashmiri music school
You can also open a traditional Kashmiri music school like Fayaz Ahmad of district Pulwama who offers music lessons on traditional instrument, and at the same time also makes sure to preserve the cultural musical heritage.
Kashmiri themed boutique hotel
You could also become someone like Asif Waza of Wanpora village who has set a unique example of a person who has created and owns a boutique hotel infusing Kashmiri aesthetics and hospitality. This business is doable under just 10 lakhs.
Snow sports equipment rental
Winter season of Kashmir is something people love from all parts of the world. There are tourists who enjoy skiing and snowboarding and they are potential customers for skiing and snowboarding equipment rentals. You could be like Mir Sajad of Gulmarg who rents out skiing and snowboarding equipment to both local and international tourists during the winter season.
Kashmiri calligraphy services
If you have mastered the art of calligraphy, you can provide personalized calligraphy services like Shahid Hussain who makes a decent amount of money by using traditional Kashmiri scripts.
Culinary vlogger
Foodies of Kashmir may want to become like Tabasum who own a Youtube channel wherein she shares the richness of Kashmiri cuisine through creating awesome online content and makes money from sponsors and ads displayed on her channel.
Kashmiri Heritage Photography Tours
You could also become someone like Mir Hussain who leads photography tours and at the same time making sure to showcase the beauty and history of the region.
Kashmiri Spices Subscription Box
You may also like to become as innovative as Mudassir Nazir of Srinagar city who offers subscription boxes which feature a wide variety of authentic Kashmiri spices.
Traditional Kashmiri Sweets Shop
If you are looking for a low cost investment opportunity in Kashmir, you may open a store like Hamza Bhat of district Kupwara specialising in the traditional sweets like Phirni and Shufta in his locality.
Kashmiri Pottery Workshops
Entrepreneurs can also be like Ali Kumar of Qazigund region who conducts pottery classes and thereby makes money by highlighting the artistry of the Kashmiri pottery.
Tourist Guide Services
If you familiar with local places, you can become a local guide like Shamsi who provides insights into the culture and history of Kashmir.
Kashmiri Poetry Recitation Events
If you love Kashmiri poetry, you may be like Ajaz Dar of Sopore who not only has interest in Poetry but also makes heaps of money from organizing events that promote the rich poetic heritage of Kashmir.
Kashmiri Jewelry Design Studio
Faizan who lives in Baramulla district of Kashmir designs and sells unique Kashmiri inspired jewelry pieces.
Kashmiri Handloom Weaving
It is also a great idea for the local entrepreneurs to establish a handloom weaving unit to offer support to the local weavers. Shahid Amin of Anantnag is an inspiring figure who weaves and sells a variety of Kashmiri handlooms.
Culinary Heritage Museum
Entrepreneurs who want to start a business in the Kashmir valley may want to create a museum that showcases the history and evolution of Kashmiri cuisine.
Kashmiri Carpentry Studio
Be like Zahoor Sheikh of district Kulgam who makes and sells unique and intricately designed wooden furniture with a Kashmiri touch. The finance requirements are relatively low for opening a Kashmiri carpentry studio.
Eco-Friendly Packaging Solutions
People desire a clean environment and so do the businesses look for sustainable packaging solutions. Firdous Shah is an example who develops and serves local businesses with sustainable packaging options.
Kashmiri Film Production Company
Be like Mir Aslam who is a Kashmiri influencer and film producer who owns a film production company where in he and his team produce films that highlight the stories and beauty of the Kashmir.
Kashmiri yoga retreats
Someone who’s familiar with yoga practice may like the idea of hosting yoga retreats amidst the Kashmir’s serene landscapes.
App development for business
If you have coding and programming skills, you could become like Altaf malik of Khanabal area of district Anantnag who creates customised mobile applications to help local businesses boost their online presence.
Kashmiri Embroidery Workshops
If you are an experienced in embroidery, you may take the route of Rasheed Masood of Ganderbal who teaches traditional embroidery skills, and thereby creating more employment opportunities for the local youth.
Kashmiri Street Food Stall
You could also make a lot money by following the footsteps of Shahnawaz Hussain who has setup a stall that offers popular Kashmiri streets foods like kebabs and even sells golgappa to the side walkers.
Kashmiri Board Games Production
Someone looking for unique business ideas in Kashmir may try the production of Kashmiri board games which are inspired by the Kashmiri culture and history.
AI solutions for agriculture
AI is taking over and there is a vast scope for it in multiple sectors including agriculture. If you are a AI developer, you could make fortune in developing AI tools to help local farmers optimize their farming practices.
Kashmiri Cultural Events Management
Your event management experience could prove handy when you plan and organise various cultural events celebrating Kashmiri traditions and customs.
Kashmiri Language Translation Services
Someone with a good hold on Kashmiri language can be like Shehnaz who offers translation services to help bridge the language gap for individuals and businesses in the region.
Kashmiri Poetry Podcast
Podcasting is trending everywhere and if poetry is something that excites and interests you, become someone like a podcaster who features recitations and discussions on the Kashmiri poetry.
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