Is Bus Business Profitable In India?

Which is the most profitable business in India?

Start small to go big: here are 35 profitable businesses you can start in India within Rs 10,000Travel agency.

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Mobile recharge shop.

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Breakfast joint.

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Fruit juice kiosk.

Garment tailor.

Online bakery.

YouTube channel.

Wedding consultants.More items…•.

What are the 5 types of transportation?

The different modes of transport are air, water, and land transport, which includes Rails or railways, road and off-road transport. Other modes also exist, including pipelines, cable transport, and space transport.

How do I start a small transport business?

Top tips on starting a vehicle transporting businessResearch competitors. Competitor research is a good place to start when launching any business. … Make a business plan. … Get the correct licences. … Choose the best insurance cover. … Raise the capital. … Up-to-date documentation. … Decide on a location. … Source your equipment.More items…

Which is the best bus in India?

Top 15 Best Private BUS Service Providers in IndiaParveen Travels. Parveen Travels headquartered in Chennai and one of the most trusted travel and tourism operator in the South India. … SRS Travels. … Prasanna Travels. … Orange Travels. … Jabbar Travels. … Neeta Travels. … SRM Travels. … SVR Travels.More items…

How do I start a bus tour business?

Start a bus tour business by following these 9 steps:STEP 1: Plan your Business. … STEP 2: Form a legal entity. … STEP 3: Register for taxes. … STEP 4: Open a business bank account & credit card. … STEP 5: Set up business accounting. … STEP 6: Obtain necessary permits and licenses. … STEP 7: Get Business Insurance.More items…

What business can I start with 5 lakhs?

20 ventures you can start with Rs 5 lakh!BusinessSkills neededAmount you need to start (Rs)Food deliveryMarketing and sales15,000Uniform makingMan management20,000Property managementMarketing and sales50,000Telecom Business ConsultantcyNetworking50,00016 more rows•Oct 26, 2007

What business can I start with 10 lakhs in India?

Here is a list of the top ten small manufacturing business that can be started under 10 lakhs and has a lucrative future:Packing boxes and cartons. … Tissue paper. … Jute bags. … Customized T-shirt printing. … Scented sticks. … Packaged drinking water. … Cell phone cases. … Towels.More items…•

What business has highest profit margin?

Here are the 15 most profitable industries in 2016, ranked by net profit margin:Accounting, tax prep, bookkeeping, payroll services: 18.3%Legal services: 17.4%Lessors of real estate: 17.4%Outpatient care centers: 15.9%Offices of real estate agents and brokers: 14.8%Offices of other health practitioners: 14.2%More items…•

How much do Indian bus owners make?

In that case, a bus owner will earn between Rs 7,000 and Rs 8,000 a day. “Out of this, cost of fuel is around Rs 3,000. A driver gets 12 per cent of the earnings, which is Rs 720 a day.

Is Volvo Bus profitable in India?

It’s very much profitable trust me , if you buy a single Volvo bus for 1 cr. Rupees , and start functioning between two major cities say hyderabad and bangalore each ticket costs you INR 1400 now each bus has 45 seats which if multiplied equals to 63,000 that means for a single trip you ll earn 63,000.

How can I start a bus business in India?

Register it with the Secretary of State; decide on a legal structure, and choose a catchy business name. You must also apply for a tax ID number and get a commercial transportation license and/or business license. Contact the Department of Motor Vehicles in your state to find out what licenses and permits are required.