Business Ideas In Assam

Assam is a state renowned for its natural beauty of lush landscapes, wilderness, national parks, historical temples and monuments. In recent years, it has experienced significant growth in various business sectors, including tea manufacturing, silk and handloom production, the food and beverage industry, and design companies.

Additionally, with a surge in tourism, Assam presents numerous opportunities in the tourism sector, such as travel agencies, accommodation facilities, and transportation services. Continue reading to explore the top 12 business ideas in Assam and discover how you can tap into this thriving market.

Top 12 Business Ideas in Assam

1. Tea Bag Manufacturing

Assam’s tea is famous around the world because of its rich, full-bodied flavours and strong fragrances. Due to generous rainfall and long growing seasons, Assam's tea bag manufacturing industry currently produces more than half of India’s tea. With a 630-700 million kgs annual production, it can be a profitable venture in Assam.

You need a modest investment to start this business, but once it is set up, the venture can run smoothly and you have the option to scale the business to your preferred limits.

2. Tourism Business

Assam’s tourism industry is growing rapidly due to tourist’s increasing interest in the natural beauty Assam provides. Known for its lush landscapes, historical monuments, five national parks, and wilderness, it attracts a lot of tourists.

As tourism continues to grow, opening travel agencies, accommodation facilities, and organising cultural activities can prove to be some of the top business ideas in Assam.

3. Set Up a Café

The growth of Assam’s tourism industry has spurred increased demand in the food and beverage sector. The state has responded well to the concept of small cafes and restaurants, and setting up a cafe can be a profitable business in Assam.

You can also look into franchising opportunities if the cafe is successful and create a chain of cafes.

4. Grocery Store

As a developing state, there are areas where citizens have to travel far to get access to basic things and utilities. If you are looking for a small business idea in Assam, opening a grocery store can prove profitable.

You can also introduce the concept of online orders and deliveries to make the experience smoother for your customers. With time, you can expand the business by turning it into a supermarket or establishing multiple stores in the state.

5. Local Handloom

Assam has the highest concentration of handloom and weavers in India. As a state with a rich cultural heritage and the availability of exquisite silks, Assam is famous for its precious handlooms. The industry offers a good entrepreneurial opportunity in Assam with its exotic silks like eri, muga, and paat.

You can open a handloom business that sells products like local blankets, shawls, mattresses and floor coverings made by weavers. By establishing an online presence, the business can be scaled up easily. Another business idea in Assam would be to hire experienced weavers to conduct workshops that teach how to weave handlooms.

6. Ghost Pepper

The ghost pepper, also known as Bhut Jolokia, originated from the northeastern states of India, including Assam, Nagaland, and Manipur. A very popular and spicy pepper, it gets its name from the Assamese word “Bhut” meaning ghost.

There has been an increase in demand for ghost pepper over the years, and it is one of the new business ideas in Assam that has the potential to be profitable.

7. Custom Clothing Boutique

Assam’s cultural heritage makes it a state with unique and innovative designs in clothing. The trend towards personalised and exclusive clothing has been on the rise for the last few years, and one of the lucrative business ideas in Assam is to open up a custom clothing boutique.

With a little effort into establishing an online clientele, you can also expand it into a large manufacturing unit, turning it into a profitable business in Assam.

8. Decorative Candle Making

Assam has the availability of natural materials such as beeswax and bamboo, turning candle-making into one of the best business opportunities in Assam. There is a large supply of raw materials for making agarwood, which is used as a fragrance. If you mix these candles with the cultural designs of Assam, you can tap into a profitable niche.

Local artisans in Assam can help you turn this into a very successful business idea in Assam.

9. Print on Demand

Print-on-demand is an Assam startup idea that offers attractive designs derivative of Assam’s cultural designs. The trend for personalised items is rapidly growing and by offering the option for print-on-demand, you can set up a small business in demand.

You can choose simple articles like T-shirts, mugs, pillow covers etc. of the highest quality and offer the option for print-on-demand in multiple designs and colours to turn it into a profitable venture

10. Beauty Salon

Assam has natural and organic skincare practices passed down from generations that are highly appreciated. Opening a beauty salon to provide multiple services with organic ingredients is a business idea in Assam that offers a wide scope for growth.

11. Interior Designing Firm

As a developing state, Assam’s citizens are leaning towards renovating their properties and thus, the need for interior designing firms has grown tremendously in the past few years.

One of the best business ideas in Assam is to open an interior design firm that mixes its cultural designs and modern architecture, providing the right balance of old and new.

12. Fitness Coaching

More people realize now the importance of taking care of their health. Thus, starting a fitness coaching studio can be a successful business idea in Assam. By providing a place for morning and evening fitness sessions like Zumba classes, aerobic classes, and yoga coaching, you can attract both young and elder customers and create a profitable business venture in Assam.

Final Thoughts

From the production of tea bags to establishing interior design firms, several business ideas in Assam offer growth opportunities and potential for success. Establishing a business requires careful thought and planning, and execution of that planning requires business finance.

SMFG India Credit offers business loans of up to INR 75 lakhs* to support your business expansion initiatives. Businesses that have been in operation for at least 3 years and meet our eligibility criteria can enjoy attractive interest rates and flexible repayment options. Apply online today or contact us for more information.