One of the most popular and lucrative businesses in India is shopkeeping. Depending on the sort of store and the region, merchants can make anything from Rs 15,000 to Rs 1 lakh each month. However, earnings might also differ depending on the level of local competition, the kinds of goods offered, and the shopkeeper’s marketing approaches.
In light of this, you might want to think about creating a modest retail store if you want to start a business in India with a minimum investment of Rs 5000. Depending on local demand, you could sell items like stationery, food, snacks, or even apparel. You may simply run a successful business and make a respectable living.
Food and beverage business, clothing and fashion business, beauty and wellness business, home and decor business, electronics and gadgets business, real estate business, transportation and logistics business, e-commerce business, and agriculture and farming business are just a few examples of industries. A tiny local grocery store is referred to as a “kirana” in Hindi. Kirana is frequently referred to as a corner shop or a convenience store in English. Kirana shops often include a small selection of goods, including hygiene and everyday necessities like rice, wheat, and sugar.
The Indian retail business is not complete without Kirana stores, which are renowned for their convenience and individualized service. They serve the daily requirements of the local populace and are frequently found in residential areas. Some Kirana stores also sell snacks, drinks, and other little products in addition to the necessities.
To sum up, shopkeeping is a lucrative industry in India, and with the appropriate strategy, one may make a respectable living from it. It is also possible to launch a business with little capital, and one may want to think about setting up a modest retail store nearby. Neighborhood grocery stores, or kirana stores, are a crucial component of the Indian retail sector since they provide locals with convenient and individualized service.