5 Ideas for a Business in the Trading Sector
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5 Ideas for a Business in the Trading Sector

  • Highlights

  • Consider investing in organic food and superfoods

  • Invest in pet care services

  • Be a part of the auto care industry’s growth

  • Make use of opportunities in the furniture industry

Trading is an important economic area, which is part of the service sector, the largest sector in India. The trading sector is responsible for making various products available to consumers. So, when you operate in this sector, you have the power to influence the market and have a pulse on what the people want.

Since inventory and swift response to changes in demand and supply are integral to trading, ensure that you have the necessary finances. Becoming a part of the trading sector is made easy with a business loan for traders. A specialised financial offering for this profession, it can help you get started or diversify your business with a flexible repayment tenor and nominal interest.


To get you started, here are some areas within the trading sector that you can operate in.

Organic food and superfoods:

With rising health consciousness, higher disposable incomes and an expanding middle class, the market for organic foods in increasing. According to India Organic Food Forecast and Opportunities, 2019, the Indian organic food market is set to grow at 25% CAGR till 2019. With high growth around the corner, now is the right time for you to invest in this sector. From organic fresh produce and staples to superfoods and superfood supplements, your options are aplenty.

Pet food and pet care services:

The pet food business is likely to cross Rs.173,250 lakh by 2019 while other pet services like pet vacation facilities, insurance, psychology and grooming are projected to grow at over 20% by 2022. High disposable incomes are allowing people to spend on pet care. Further with over 6 lakh pets being adopted each year, your success in this sector is highly likely. You can deal in specialised pet food, toys, grooming and other accessories.

Additional Read: 5 Tips To Manage Working Capital for Your Manufacturing Business

Auto care:

Passenger vehicle sales crossed 3 million in 2016–2017, and the industry in itself grew by 9.23%. Besides, the number of luxury vehicles being purchased is also growing courtesy of younger people joining the workforce at a higher starting salary, as well as double income households. Since owning a vehicle is perceived as an extension of the owner’s personality, there is a huge scope for establishing a business in the auto care segment. Currently pegged at Rs.20,000 crore, the sector is likely to grow to Rs.34,000 crore by the close of 2020. Trading in spare parts as well as auto accessories can be a profitable venture.

How To Get Small Business Finance From Bajaj Finserv

Dos and Don’ts when applying for a Business Loan

Business loans from Bajaj Finserv are designed specially to help growing businesses meet their financial requirements. Easy to apply for and hassle-free to avail, these loans come with several unique benefits that make them the ideal mode of business finance for small and medium sized enterprises. However, when applying for a business loan, there are certain dos and don’ts that you should keep in mind, in order to ensure that your application is processed smoothly. Here, we tell you what they are.

Dos and Don’ts when applying for a Business Loan

Furniture:

The total size of the furniture industry in India is around Rs.35,000 crore and is growing exponentially as the number of homebuyers increase, and age of the average homebuyer reduces. At the moment, this growth is largely fuelled by urban demand. So, there is a large untapped market in the rural sector that you can access. So, there is ample opportunity for you to tap the market with good quality furniture at cheaper costs.If you want to start a business in the trading sector with a view of growing exponentially, use this information to your advantage. With the right business plan and funding, your firm is sure to be a success.

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