India is one of the three countries that bore the maximum brunt of the Covid-19 pandemic during 2020 and also part of 2021. Therefore, it’s but natural that the effects of the pandemic would be seen on the national economy as well as businesses in India.
However, there are at least the top 10 business sectors that’re growing despite the Covid-19 pandemic. If you’re interested in becoming an entrepreneur or looking at diversifying your business, here’s my list of the top 10 business sectors that you could consider.
Top 10 Business Sectors Growing Despite Covid-19 Pandemic
In this article, I will discuss the top 10 business sectors that’re growing in India despite the Covid-19 pandemic and its economic fallout. If you’re considering opening a business, you could look at any of these 10 business sectors to launch your enterprise.
Electronics Repair Workshop
One of the businesses that were untouched and instead even flourished during the Covid-19 pandemic except during the brief lockdown period is electronics repair workshops. That’s because people always require someone to repair their TV sets or other gadgets. During the pandemic and in 2021, a lot of people would prefer repairing their older gadgets instead of investing in new ones. Therefore, starting an electronics repair workshop is a business you could consider. It doesn’t cost much to start such a workshop. However, you would definitely require the necessary skills and technicians.
Mobile Phone Repairs
Another excellent small business idea that you could consider and is growing nowadays despite the Covid-19 pandemic is mobile phone repairs. As I mentioned earlier, people are trimming their spending due to uncertainties over jobs and finances caused by the economic fallout of the Covid-19 pandemic. Therefore, those who have expensive smartphones are getting them repaired so that they don’t need to spend heavily on newer ones at the moment. You can also sell mobile accessories such as covers, earphones, protective screens, and other stuff, along with your mobile repairs workshop. This is also a small business that you can start with a low budget.
During the peak of the pandemic in mid-2020, the demand for content actually saw a surge of over 25 percent across the world. Most of the content that websites and bloggers, among others, were needing was related to the Covid-19 pandemic. Freelance content writers also didn’t drop their rates to get more customers. These are clear indicators that content writing is a pandemic proof and recession-proof business. Actually, content writing is usually an inborn skill. But it’s possible for anyone to learn it easily with some patience, proper use of simple vocabulary, and a nose for research.
As you would definitely know, education is among the top victims of the Covid-19 pandemic. As schools and colleges remain closed due to fear of spreading the Covid-19 contagion, there is a growing demand for online courses. And you can successfully open a home-based small business as an online tutor. To do so, you will require excellent teaching skills and superb knowledge about a subject. There’re two ways to become an online tutor. One is by providing your services to students that want to learn a specific subject. The other is by offering your services to any tutoring academy.
There was a time when blogging was merely a hobby. However, today it’s become a full-fledged home-based business that anyone can open. You can simply buy a superb domain name and website hosting with other essentials and become a blogger. Actually, you will require some excellent writing skills, an aptitude for research, and basic knowledge of digital marketing to make your blog successful. Bloggers can make a lot of money by subscribing to Google AdSense.
They can also make money by accepting sponsored posts, selling ad space on their blog site, and through affiliate marketing.
Vlogging means video blogging. It involves making videos that others find engaging, interesting, and relevant to their needs and uploading them on YouTube. Actually, YouTube allows you to open a free channel. All that you need to do is create some interesting videos that people would like and upload them on your YouTube channel. You can promote your YouTube channel over social media and other platforms. Once you have a certain number of subscribers, you can subscribe to Google AdSense. This means you’re permitting Google to display ads on your YouTube videos. You get money for every ad that they show on your channel.
If you can make crochet items or costume jewelry, portraits, paintings, or herbal remedies, among others, you can sell them easily by opening your own marketplace on Etsy or Shopify. This is a superb manufacturing business for anyone with skills. It requires very little investment such as monthly fees for the marketplace on Etsy or Shopify. Generally, you would be making these items according to orders only. This means you don’t have much expense on raw materials. Nor is there any reason for your money to go to waste. Since most shopping is now online, you could expect good sales.
Another manufacturing business you can consider is handmade chocolates. These are not only in high demand all around the year but also fetch a superb price. Generally, the affluent class of people buys handmade chocolates for their own consumption as well as for gifting. This is yet another business that has not been affected by the Covid-19 pandemic. That’s because people that make handmade chocolates usually accept orders first and then prepare them according to the likes and tastes of the customer. This also means that you don’t have to invest much money.
Jams and Pickles
Manufacturing jams and pickles is yet another business that has not been affected by the pandemic. That’s large because Indians as such are large consumers of jams and pickles. They prefer buying homemade stuff compared to the factory, mass-produced varieties. Normally, people that manufacture homemade jams and pickles sell them through their own social networks or even online, through a marketplace on Shopify. You can easily launch such a manufacturing business with very small capital as an investment.
There’re several kinds of wax products that you can manufacture. The topmost product of course is candles. Anyone will testify that the candles business wasn’t affected by the Covid-19 pandemic. That’s because people require candles for various purposes, from religious uses to lighting a place when power fails. You can easily set up a small-scale candle manufacturing unit from home or any other premises. This is a manufacturing business that will never go out of customers or face recession and other such problems.
As you can see from the above 10 examples, almost anyone can open these 10 small businesses that aren’t affected by the Covid-19 pandemic. Not only are these businesses easy to set up and simple to operate, but they’re also the ones that never really run out of customers or viewers and audiences. All these top 10 businesses require very little investment too. Regardless of whether you’re an entrepreneur or planning to venture into another business, you could consider any of these top 10 business sectors in the manufacturing industry. In some cases, you might also get subsidies from the Indian government or easy loans to start the business.