The challenging rate of unemployment concerns the people of Jammu and Kashmir more than anything. People are highly talented and educated but there are no jobs to help them make a living, forget about career opportunities. People are more responsible for making it happen than governments.
It is common to find in Kashmir that people crave more for government jobs. They need to remember that not all are lucky to get government jobs. If unemployment or their joblessness is to be curbed, entrepreneurship is the best way out to deal with it in the valley. Here are 10 profitable small business opportunities to launch your business in Kashmir.
Startup Kashmir in a study reveals that the agriculture sector contributes around 23% of the total GDP of Jammu & Kashmir. However, it lacks a properly organized structure and people don’t show the required interest to work in it. The local agriculture industry requires sufficient development so that the huge outflow of money that goes for imports could be restrained.
There is no need to import potatoes, rice, onions, mushrooms, strawberry, etc as Kashmir has sufficient presence of mineral-rich soil that supports the cultivation of these vegetables. There is also great potential for the food processing industry to ensure the transformation of locally grown vegetables, cereals, dry fruits, etc into value-added products.
The milk production also awaits a serious entrepreneurial attention in Kashmir as there are a limited number of dairy farms to fulfill the entire local demand for quality milk. Even the mass production of Zam Zam and several other local brands isn’t sufficient to fulfill the demand and supply gap in city areas of Anantnag, Pulwama, Srinagar, and other districts. Your requirements to open a dairy farm include a cowshed and high milk yielding cows.
The milk isn’t the only output of your dairy farm, you would also want to sell butter and curd products to your local market constituted by a large number of households, restaurants, and hotels in cities of Kashmir.
While local consumption for poultry meat and eggs is high, production is weak in Kashmir. The valley imports poultry worth of crores of rupees from other states. The local entrepreneurs can help avoid such a huge outflow of money to other states by launching their own poultry farms in Kashmir itself.
The recycling sector hasn’t so far received the full entrepreneurial action in Kashmir. There is an urgent need for more recycling collection centers and other allied businesses to solve millions of rupees worth trash problem in the valley. The large quantities of discarded paper, plastic, alumnium cans, copper, metal scraps, ink cartridge, etc littering local households, and commercial establishments can be collected and dispacthed to recycling platnts for profits in Kashmir.
There are a large number of local retailers, restaurants, hotels, and other entreprises that need help of professionals to capitalize on the growing preference for online shopping in Kashmir. If you have a healthy experince in digital marketing, you can offer them various digital marketing services such as SEO, SEM, and SMO services as required by their businesses.
The vast market of computer users encompassing individuals, banks, government departments, and educational institutes need timely computer support services in Kashmir. Keeping that in mind, it is a good idea to launch your own computer repair business if you have skills for diagnosing, troubleshooting and fixing problematic computers.
Web design and development
Kashmir has seen a contant increase for the use of internet as a means to access information about jobs, online shopping, educational materails, etc over the years and as a result local business establishments, universities, colleges, and even schools are under a lot of pressure to create and connect with them through web portals. It is a great opportunity for experinced web developers to launch their web design businesses.
The travel and tourism industry is a key driver for the Kashmir’s economy as it provides employment to somewhwere around 30% population of the valley. The valley witnesses more than a million tourist visits each year and their number is increasng with time. The arrival of tourists in Kashmir fosters the need for having businesses that serve their food, accomodation, recreation, and transport needs. You can lauch a tour guide business, a restaurant where they eat food, hotels where they stay, cab service to travel from once destination to another and several other allied businesses.
The annual consumption for mutton in Kashmir is over 60000 tonnes. The local mutton production is around 40000 tonnes a year and remaining 20000 is being imported from outside the valley. The imported portion of mutton can be replaced with local produce by opening sheep farms across Kasmhir.