Written By: Bandana Gupta

You can start a business in Indore with a budget of more than ₹10 lakhs. This is because some businesses do not need a lot of money to start. They also do not need a lot of space. You can start small. Make money over time. Indore is a place to start a business because people have money to spend and they like to try new things.

There are types of businesses you can start in Indore. You can open a tea shop or a small food stall. You can also start a business that helps people learn things. Many people in Indore want to learn skills and get better jobs. You can start a business that helps them do this.

Besides, Indore also has a diverse food culture with growing numbers of residents who are fascinated by the various cuisines and always prefer dining out.

Try new foods. This makes it a great place to open a food business. Many brands are now opening shops in Indore because it is a place to do business.

What is possible with ₹10 lakhs

There are businesses you can start in Indore with ₹10 lakhs. These businesses do not need a lot of space or money. They are good for people who are starting a business for the time being. Some examples of these businesses are:

1 Food-kiosks  

Try new foods. Some examples of food stalls are:

• Tea Time: ₹5–7 lakhs

• One Bite

• Gianis Ice Cream

• Paraamba Chayco

• Chai ka Chaska

These businesses are easy to start, and they sell mostly the preferred food of the common people. Apart from these, they do not need to hire staff and can be started within a small space.

2. Education businesses

You can start a business that helps people learn things. Many people in Indore want to learn skills and get better jobs. Some examples of education businesses are:

• Abacus Centres

• Coaching Institutes

• AIUTO Consulting

These businesses are successful because they help people learn things. They also make money because people are willing to pay for these services.

3. Service businesses

You can start a business that provides services to people. These businesses do not need a lot of space or money. Some examples of service businesses are:

• DTDC. Cargo: Varies from ₹50,000 – ₹2 lakh

• InXpress: ₹10 lakh

• Owndoor Car Care: ₹2.5 lakh

These businesses are successful because they provide services that people need. They also make money because people are willing to pay for these services.

4. Retail businesses

You can start a business in Indore. This can be a shop that sells things that people need. Some examples of businesses are:

• Rx Aushadhi

• Patanjali Stores

• Samay Shoppee Zone

These businesses are successful because they sell things that people need. They also make money because people are willing to pay for these things.

5. Automotive businesses

You can start a business that provides services to car owners. This can be a shop that fixes cars or sells car parts. Some examples of businesses are:

• Speedforce

• Pikpart Smart Garage

These businesses are successful because they provide services that car owners need. They also make money because car owners are willing to pay for these services.

Good businesses to start in Indore in 2026

If you want to start a business in Indore in 2026, there are good options. Some examples are:

• Speedforce: This is a business that provides services to car owners. It is an option because many people in Indore own cars.

• Paraamba Chayco: This is a tea shop. It is an option because people in Indore love to drink tea.

• Owndoor Car Care: This is a business that provides services to car owners. It is an option because many people in Indore own cars.

• Digital India Biz: This is a business that provides services. It is an option because many people in Indore want to learn about digital things.

• Chai Lije: This is a tea shop. It is an option because people in Indore love to drink tea.

• SAMRIDDHI INTERNATIONAL: This is a business that provides education services. It is an option because many people in Indore want to learn new things.

What is not possible with ₹10 lakhs

There are some businesses that you cannot start with ₹10 lakhs. These businesses need a lot of money and space. Some examples are:

• restaurants: These need a lot of money and space. They also need a lot of staff.

• Luxury beauty salons: These need a lot of money and space. They also need a lot of staff.

• retail shops: These need a lot of money and space. They also need a lot of staff.

• Luxury fashion brands: These need a lot of money and space. They also need a lot of staff.

Things to consider when starting a business in Indore

When you start a business in Indore, there are things to consider. Some examples are:

• Location: You need to choose a location for your business. This should be a place where many people go.

• returns: You need to think about how much money you can make from your business. This will help you decide if it is an idea.

• costs: You need to think about all the costs of starting a business. This includes things like rent and staff salaries.

• Market demand: Before deciding to start a business in Indore, research the local tastes of the residents of Indore.

• Growth potential and support: When you fix your decision to start a business, the next step is to expand your business and also think about how to get assistance for your business.

Conclusion

Starting a business in Indore with a budget of ₹10 lakhs can be a sound decision, provided your focus should be on offering products or services that fulfill everyday demand. It’s equally necessary to select a location that is convenient and easy to reach for the local population, while at the same time carefully planning about the capital required to set up and run the business.

Disclaimer: The brands mentioned in this blog are the recommendations provided by the author. FranchiseBAZAR does not claim to work with these brands / represent them / or are associated with them in any manner. Investors and prospective franchisees are to do their own due diligence before investing in any franchise business at their own risk and discretion. FranchiseBAZAR or its Directors disclaim any liability or risks arising out of any transactions that may take place due to the information provided in this blog.