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E-commerce is booming worldwide, and this surge presents unprecedented opportunities for small business owners in India to expand their reach, export their products, and tap into a global customer base. According to Eximpedia, the most exported products from India in 2024 include petroleum products, gems and jewellery, textiles and garments, medicines, tea, and more.1 But, export opportunities don’t have to be limited to these product categories.
If you’re looking for promising and potentially profitable export ideas for your business, look no further. This blog will explore new ventures aligned with current global consumer trends.
India has a rich cultural heritage, a history of skilled artisans, and something to offer the world in almost every product category. From textiles to traditional instruments, spices, teas, and wellness, there is plenty to explore regarding small export business ideas, allowing entrepreneurs to showcase "Made in India" quality and craftsmanship on the world stage.
According to Grand View Research, the global handicrafts market is expected to grow at a CAGR of 4.7%, from US$708 billion in 2023 to US$983 billion in 20301. This global demand for unique, handcrafted products presents a lucrative opportunity for Indian businesses. Consider these new export ideas to take advantage of:
According to The Global Wellness Institute, the global wellness economy, consisting of categories like spas, personal care and beauty, traditional medicine, wellness tourism, mental wellness, nutrition, and physical activity, is forecasted to hit US$78.5 trillion by 20272. If you own or run a business in this space, it might be worth looking into some of these new ideas for the export of wellness products from India:
According to GlobeNewswire, the global sustainable fashion market was valued at US$7.80 billion in 2023 and is expected to reach US$33.5 billion by 2030, equalling a CAGR of 22.9%3! For businesses in India, this is a unique opportunity to combine India's rich textile tradition with the growing demand for sustainable fashion to create a unique export offering for global markets:
The global appetite for Indian cuisine is growing rapidly. According to a 2023 report by the National Restaurant Association, the number of Indian restaurants worldwide has grown by 25 percent in the last five years4. This burgeoning popularity, coupled with the rise of meal kits and online food delivery platforms, presents a lucrative opportunity when considering export business ideas in India.
Indian cuisine is uniquely suited to be transported worldwide due to the widespread reliance on dried spices and flavorful ingredients that retain their quality and taste over long distances. Here are a few ideas to tap into this growing market:
While developing a compelling product or service is crucial for any aspiring exporter, logistics must be considered when conducting international business. Efficient supply chain management is the backbone for any small business from India looking to expand and export to overseas markets, ensuring that products reach customers across the globe in a timely, cost-effective, and reliable manner.
Partnering with an export logistics company like DHL Express can be a game-changer for small businesses seeking to establish a global presence.
We provide comprehensive international shipping solutions tailored to your specific needs, including express shipping services, simplified customs clearance, flexible and sustainable shipping options, competitive international shipping rates and dedicated support.
Ready to take your small business global? Create a DHL Express business account today and start exporting worldwide today.