Profitable business ideas for women in Meghalaya
Business ideas for women in Meghalaya are numerous. The state is rich with natural resources, and there is a high degree of unemployment among its residents. If a woman can find a business idea that is both profitable and sustainable, she should seriously consider starting it. While this list is made for the state of Meghalaya they can be easily extrapolated to any other north eastern state. For instance just like Meghalaya the food of Sikkim is also extremely unique so if you can open a restaurant in Meghalaya for tourists you can do the same in Sikkim and serve the local food items. Click here to learn more.
Here are some ideas to help you get started on your entrepreneurial journey:
Flower farming is one of the most popular businesses in Meghalaya today. Flowers are used in many places, including Hindu temples and inside homes. Not just Meghalaya, the entire north east region has many unique kinds of flowers that can attract a lot of paying customers.
Chocolates and sweets are highly profitable products that can be sold to local tourists, especially from Bangladesh. The confectionery industry is a huge market, as almost everyone loves chocolates.
Meghalaya food items include many sweets made from honey, which can be targeted for export to Europe and North America. Additionally, Meghalaya food is famous all over, so you could start a restaurant for the tourists and people from outside who live in Meghalaya.
3. Agriculture or Fishery
Fishery and cultivation are the two biggest economic activities in Meghalaya. Meghalaya has the largest area under fish cultivation in the country.
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So, if you have farming or fishing skills, this could be a good option for you. You can set up your own business or work as a partner in someone else’s business.
4. Business Consultancy
Meghalaya is still new to industries and modern business practices so entrepreneurs with experience can help others by providing consultancy and helping them establish their businesses.
5. Food Processing Businesses
The state of Meghalaya is rich in agricultural products such as oranges, apples, pears, cashews, pineapples etc., which when processed can increase their value by many times more than what they sell for raw.This has created many opportunities for women entrepreneurs in Meghalaya. It’s a relatively untapped market for entrepreneurs in Meghalaya as compared to states such as Delhi, Mumbai,
6. Selling ethnic clothes
Ethnic fashion is a type of clothing that comes from various tribes and ethnic communities across the world. Each tribe has its unique tradition and designs which make them distinct from each other. For example, Garo women wear sarongs that are made out of silk and cotton fabric but these sarongs differ in colour and design depending on whether it is for a formal or informal occasion. The idea is to buy the material directly from the weavers, mostly women, and sell it to customers.
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Some of the most recognized women entrepreneurs in Meghalaya are using their businesses to help preserve the rich culture, heritage and tradition of the state.
With some skill and diligence, you can start your own business selling handicrafts. Many products are made from bamboo-like baskets, mats and furniture. Women can make them with their own hands and sell them locally. Bamboo is one of the most versatile materials in the world, and it is available in abundance in Meghalaya.
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The state has been ranked first in India for the production of bamboo