How to Become Rich? 21 Best Way to Become Rich in India.
India is a country of wealth as dissipated in the ancient history. In India people earn both in Indian rupees as well as US dollars. A large population of youth of the country enriched in several skills, proper utilization of available resources, economy for supporting various start-up plans and various business friendly policies by central and state government leads to the diverse economy system in India.
Proper set of skills with some financial support in India is sufficient for becoming rich in India.
Money has the power and it really have it-
Setting an enterprise can be said to be a difficult task but funding is the pain that it goes through while in its building process. Some of the fastest way to be rich involves investment but this is only possible when the entrepreneur is working or inherently rich.
Mudra bank schemes of Indian government is a very beneficial scheme for those who are weak from pockets to start a new business or start-up. This provides funds at a very low interest rate. After the applicant meet the specified criteria according to the bank norms personal loans are also provided by most of the financial institutions.
Crowdfunding, family syndication and community loans are other ways of getting initial investment known as non-traditional ways. As the Indian markets are subjected to several risks so selling personal property or assets and withdrawing from securities are not advised.
21 ways to become rich in India-
For becoming rich in India blogging is the best option. Blogging has provided a way to earn for many people around. Assumed as a technical job by many of us leads misguiding perspectives for blogging. Let me clear out this thought and tell you that this is not a technical job. One can start blogging online also if he/she has zero knowledge of websites and don’t speak English.
Only thing one needs for this is a domain and hosting. For that one can go to GoDaddy WordPress hosting for creating his/her domain. After that they can start blogging in any language and earn lots of money.
Booking of train, bus and flight tickets are task assigned to travel agents previously. But now a days this task is very easy as this can be done from anywhere just on a single tap on our smartphones or laptops. Apps are now facilitating booking on tickets from anywhere.
Many of the person in this fast-growing population are ready to pay a few hundred or more just for confirm seat. This is giving rise to the fast-growing business of the travel agents and booking agents.
This business is easy to handle as it is easily accessible from any of the spot over the globe.
3.Walking Tour Operator.
Concept of gaining ground in India is walking tours. Taking a tourists group on a walk to any of the area that has a high concentration of tourist attractions. These walks are fun and generally patronized by foreign tourists.
These trips help the foreign tourists to feel the glaze of the place, bargained shopping, take in taste, sights and sounds of the area. These walks are offered through travel agencies or booked through portals serving entertainment services.
Just a couple of years ago, food trucks are evolved in India, this requires relatively less initial investment between Rs. 500,000 to Rs. 800,000.
These are self-operated and usually fork in huge profits. Food trucks works on fewer licenses as compared to restaurants and are free to select venues of parking as per the mob present.
Licenses from Food Safety and Standards Authority of India are compulsory for the food truck.
5.Owning a Taxi Fleet.
The sudden blast in the cab markets in India has made several investment ways for the people. They are now buying cars and lease them as taxis for making the profit. These fleet owner looks for such member who can offer a vehicle for carrying two or more passengers along with that driver is also provided by them.
These fleet owners offer a fixed amount of money per day plus they also share the profits as per once investment. Returns are always guaranteed.
This is also one of the best ways considered for becoming rich in India. Almost all the population around looks for persons to collect their cheques and payments from clients and business associates. This also involves the delivery of bank instruments to customers and companies.
Collection agents are more over like debt recovery ones. This service is provided free of cost by several telecom service providers and many more to the consumers.
7.Address Verification Services.
Several services that are running across the country boundaries are abide with a rule of physical address verification. These companies raise out this work to many of the other small-scale enterprise. These small-scale enterprise helps them to verify the physical address of their customers.
Due to the economic boom in the country the geographical relocations have surged in India. Millions of workers according to their abilities and skills migrate from place to place in search of jobs and creamy salary.
Conversion of residents into Mini hostel or labour camps can make extra money and a fixed monthly income. This monthly income can be invested in banks to earn interest.
In India, mental health is the prime concern of many of the people. To maintain these mental health graduates from psychology are now offering counselling services to every age group in India. Fees are charged according to the sessions of either 30 min or 1 hour.
These services are offered from home, small office or from or in premises of a medical college/ hospital.
Psychiatry is a very specialized medical branch that is only handled by a doctor with medicine degree.
10.Herbal Beauty Products.
This is a very demanding and competitive sector as many others in the market are just waiting for a slice in the market. Although a small portion is always available for those newcomers who can offer fresh and homemade traditional beauty products.
Such herbal products are order based as they are prone to damage as if stored for a long time.
This is a good option for Indian women and especially housewives. As we are aware that India is one of the largest consumer driven economies. People demand and strive and buy superior products in their whole life span.
As working couples or working family do not have much time to cook their meals. This is the best way for them to get their meal, making this business demanded and worth in the market.
12.Photo/ Artefact Restoration.
The changing climate of India presents a marvellous platform for old pictures and precious artefacts. All the artefacts that are now damaged due to climatic conditions are now restored with the help of modern technologies along with artefact skills.
These services are still rare in India and can be offered with ease as these are one of the required services in the market.
13.Exotic Meal Supplier.
Traditional meat consumption, beef ban and fluctuating prices of meat and poultry products do not match with the new demands of Indian markets. Tastes of the meat are also a ruling criterion of the Indian markets. Supplying exotic meat such as of ostrich, wild boar, quail etc is excellent and beneficial for those who have a lot of time and space for business.
14.Public Relations Agency.
Companies that need to retain their relation with the public looks for public relations firms. These firms provide a bridge between the company head and the public and consumers.
These are tasked with creating a proper presence in the mass media, hosting events for promotion of the company or its brands, interacting with various journalists and stakeholders. All of the businesses are not capable of having a PR firm.
Bureaucracy continues having its supreme position in India after each and every effort of Indian government to reduce the Red-Tape. Fresh licenses and permits along with the renewal of existing one can be now done online easily and from anywhere but these can be done under limited agencies only.
Helping various businesses in renewal of their licenses is very profitable. For this you just need to have the right contact with the right person in governmental departments.
About 40% of the food and raw materials are wasted in India due to poor handling and infrastructure of Indian storages.
Several initiatives are generated by the government of India including food parks where investors can open processing units to stem these wastages.
Financial and technical assistance is offered by the government to investors who are willing to open the food processing units for the purpose. Market of canned, dehydrated and frozen foods are growing widely in India.
Scrap is always said to be a heap of money in India. A typical rag picker in India earns 600 to 800 rupees on a daily basis.
The scrap is of high value in the recycling industries in India. With some skill and proper labour manage this is a good way to earn money and becoming rich in India as recycling plant is very profitable in India. Recycled metal, along with plastic and paper are of high use in the Indian manufacturing units.
last time rituals are very must be performed on the mortal remains of departed souls. For one who has lost a beloved family member or friend, arranging all the required stuff for the last rituals are somehow very difficult.
Funeral services are offered by specific religious communities but these are not affordable by the middle-class family. These services are a good business to become rich and even socially active.
A profitable chance for a creative folk who has an extraordinary ability of writing and linguistics. Many of the companies, rich families and other in India are in search of these artists for craving their history in the form of their ability.
These works are time taking and even last for various months. These include digging into one’s history, researching about it, and in scripting it according to the wishes of the owner.
These tasks include providing various firms with their required demand of labours. This can include skilled as well as unskilled labour.
Companies where these firms supply labours are as construction firms, security agencies, restaurants, pest controls and others. These works on the basis of the commission equivalent to the wages of the labour hired.
21.Stocks and Commodities Trading.
Trading is a sure working sector of Indian market that can make you rich as fast as one desire. Trading in commodities as gold are also very much profitable now a day in India.
Several courses that offer training for dealing with the stocks and commodities are available across India. Reputed brokerage firms are spread in the market that can help you to trade efficiently.
Choosing any one of the ways from all the above mentioned can boost up your career and can make you rich as fast as you dream.
Hello everyone, my name is Sunil Maurya. Writing blogs, informative articles, reading books, and playing cricket are my interests. If you find my articles and blogs helpful, please hit like and comment in the comment section. You can share these articles with your friends so that they can also enjoy this content. Your appreciation will motivate me to write on new topics. You can also suggest topics you want to read in the future.