1. Drone Services

The demand for aerial footage in video production has risen in the past few years. With a PLI scheme for drone manufacturing and drone usage rules in place, conducive factors are in place to boost the industry.

2. Airbnb Host

With the growing trend of staycations, becoming an Airbnb host could be a profitable business idea without heavy capital investment.

3. VR and AR services

The Virtual Reality (VR) and Augmented Reality (AR) is a growing industry with rising demand for interactive seminars or conferences.

4. Elderly Care Service.

The rise of nuclear families has resulted in many elderly individuals requiring assistance in undertaking daily chores. An on-demand elderly care service can thus be a solution to this problem.

5. Quality Check for Sustainability

The rise in Greenwashing in the absence of certification services provides a void that needs to be filled. Quality checks for products claiming to be green/organic could thus be a great business idea for 2024.