The textile industry is the catalyst of the Indian Business Industry. The fashion industry is constantly growing. Online sales have become more prevalent, and this has opened up new avenues for people who can’t afford to establish a big business.
If clothes are your passion, then making money from them should not be a problem. There are many steps that can be taken to make it happen.
Business Ideas in Textile Industry
Below are various profitable business ideas to make money from the textile industry.
1. Print-on-Demand Business with T-shirts and Hoodies:
A venture of print on demand is a great idea as there are more people wanting to buy custom-made shirts and other products. Gifts and novelty items are also becoming more popular.
Before starting this kind of venture, you need to make sure to do proper market research and work on attracting customers. It will take time for business to pick up, and once it does, you can scale the venture and raise the awareness of your brand.
Ensure to consistently add new and creative designs, as that will really help you to capture the new textile business ideas.
2. Online Retail Store:
Post covid-19, there are lots of online stores that are doing lucrative business in the textile industry. If you are still working in a traditional manner and want to go digital, now is the perfect time to do so.
There are some entrepreneurs who stick to the dropshipping model and do not deal with shipping, inventory, and other procedures by themselves. There could be difficulty in finding the right marketing team, but once you go slow, you will surely catch your pace and will experience success eventually.
3. Costume Rental:
The best part of starting a profitable costume rental business is that you can start this from home on a small scale. This self-rewarding business can also be operated part-time.
You can provide services to various organizations such as colleges, schools, theatres, acting academies, or dance groups. Nowadays, even people are renting marriage clothes from these costume rental ventures.
4. Dry Cleaning Service:
This is basically a retail business with repeated customers coming from the local area. This business depends on the quality and service you are going to supply to the market. In addition to a dry cleaning service, you can offer your customer pick up and delivery service to help people with a busy schedules.
You need to make sure that you always give the things back that you take from your customers in very good conditions. If you give your 100% to this service business, you will eventually end up opening branches.
5. Reporting News About Clothes:
If you are passionate about clothes, it does not always mean starting a garment store or similar business. You can share your thoughts and experience with the world by writing a blog for your website or some guest websites.
You can showcase your creativity in social media or can launch your own podcast or newsletter. There are numerous ways to share your content related to the textile industry. Once you have enough followers, listeners, or readers, you will be easily able to monetize the platform and turn this into a full-time career.
6. Crochet Knitting:
Consider starting a crochet knitting business if you like to turn your hobby of crochet knitting into a business. If you already have a knitting business, you can surely think of adding crochet into it because it’s becoming trending among generation Z nowadays. This business can be quickly started from home with meagre investment.
You can start with something simple like beanies, small-sized blankets, or baby clothes. People will surely buy them because there is a huge market for handmade stuff. Under this venture, you have to always stay at the top of business from your competitors to really be successful.
7. Jute Bag Making:
After the wave of, Say no to plastic, people prefer carrying stylish jute bags for various purposes. Its demand has increased tremendously over the last year. Jute is also termed Golden Fiber because it is a shiny, soft vegetable fiber.
Jute is considered to be one of the strongest fiber on the planet. Jute bags are recycled, reused, durable, low cost and high strength. Starting a Jute bag business is a great profitable business idea.
One can start textile business in India at home and, with time, can turn the business globally, as jute bags are the best alternative to plastic bags. India has recently exported a vast number of jute bags to Europe.
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So these are some of the profitable ideas to make money from the Indian textile business industry. One can indeed say the Indian readymade garment industry will be a fruitful sector for startups in the future decade.
You may also like:
- Impact of Covid-19 on Apparel Manufacturing Business
- The Role of the Fashion Business in Textile Industry
- Merchandising, Buying and Financial Roles in the Fashion Business
- Fashion Advertising Techniques and Its Significant Role in Apparel Business
- Developing Trends in Fashion Retailing in India
- A Fundamental Guide for Fruitful Textile Recycling Business
Founder & Editor of Textile Learner. He is a Textile Consultant, Blogger & Entrepreneur. He is working as a textile consultant in several local and international companies. He is also a contributor of Wikipedia.