37 Automobile & Car-Related Business Ideas to Start in 2024
đź“– LearningThe Automobile industry in India is on the upswing due to the surge in economy and technology. They have opened the gates for many startups and business ideas to flourish. Car care businesses will continue to grow at a faster rate than the overall economy. Forward-looking indicators suggest there is plenty of opportunity for additional growth in the future.
The society of Indian automobile manufacturers is the crown jewel of the transportation industry, and the business opportunities they provide are innumerable. The reason is the increasing population of vehicles. Another reason is the growing number of average miles driven by individual vehicle owners. The automotive industry is Pandora’s box for many innovative and creative entrepreneurs. So, we are here with some awesome automobile business and car-related business ideas for you.
Automobile & Car-related Business Ideas
- Open an Auto Interior Shop
- Lubrication Oil Retail Shop
- Electric Vehicle Charging Station
- Automobile Franchises
- Car Wash Business
- Trucking Business
- Packers and Movers
- Automobile Spraying & Branding Workshop
- Sale of Motor Vehicle Insurance
- Auto Locksmith Business
- Vehicle Licensing Brokerage Service
- Tire Store Retail Business
- Food Truck
- Battery Reconditioning Business
- Rental and Ride-Sharing Cars
- Automobile Magazine
- Vehicle Review Blogging
- Mobile Windshield Repairing
- Airport Bus Shuttle Service
- Auto Accessories Store
- Aviation Fuel Supply
- Exporting Automobile Parts
- Auto-Body Store
- Tow Trucking Service
- Automobile Repair Service
- Driving School
- Restoration Business
- Courier Service
- Dump Truck/Waste Disposal Service
- Limo Service
- Mobile Mechanic Service
- Multi-Storied Parking Lot
- Used Car Shop
- Vehicle Service on the Move
- Women’s Cab Service
- Auto Detailing
- Body Shop
Automobile & Car Business Ideas
1. Open an Auto Interior Shop
An automobile is meant to provide a comfortable, plush, personal experience that can be personalized to the extent one wishes it to be done. The exteriors of an automobile indeed need to be considered for others, but then you must consider the interiors of your vehicle for yourself if not for anyone else.
Automobile accessories shops are known to delight vehicle owners and are becoming popular. An auto interior shop can thus be a great choice if you are looking for an automobile-related business.
2. Lubrication Oil Retail Shop
Fuel oils are certainly a necessity when it comes to an automobile, but we often forget about lubrication oil, which is also as important as the former, if not more. Lubrication oil plays a major part in helping a vehicle to function to its fullest potential. However, oil shops selling lubrication oil are not found everywhere, except in petrol pumps, which makes it more demanding than ever, therefore making it a good car-related business idea.
3. Electric Vehicle Charging Station
E-vehicles or electric vehicles (EVs) are speedily in prominence. Furthermore, the manufacturing of electric vehicles is also getting all the support of the world to bid adieu to the cursing carbon footprints and usher in a sustainable future for us. Electric vehicles would reduce the overall cost and the total amount of pollution emitted, but they also demand proper charging stations to thrive. Creating or spending on electric vehicle charging stations can, therefore, be an innovative and foolproof idea for anyone looking to build an automobile-related business. Get a detailed guide on How to Start an EV Charging Stations Business in India.
4. Automobile Franchises
The automobile industry is booming at an alarming rate, and automotive business ideas, including automobile franchises, are becoming more and more popular each day with the increasing number of automobiles on the road. Therefore, if you are looking to start with a car business idea, then beginning with an automobile franchise is a safe and lucrative option.
5. Car Wash Business
Running a mobile car wash business is a smart way to make a lot of money in the car business without taking much risk of capital investment. The business also eliminates the requirement for a retail business location. Know more about How to Open a Car Wash Business.
6. Trucking Business
The automobile business plan includes transporting goods from the place of manufacture to the consuming state. They transport raw materials, machines, processed food, etc. This can be highly rewarding for the automobile industry in India.
7. Packers and Movers
Life is ever-changing, and we don’t know this moment where we would end up in the next one. However, with promising packers and movers services, we can always ensure the security of our belongings. The need for trustworthy packers and movers will never end. Therefore, packers and movers services always remain one of the most valuable vehicle business ideas of the lot that ensure positive returns.
8. Automobile Spraying & Branding Workshop
Automobiles are not regarded as useful travel companions but are also synonymous with class and status, and above all, should always be maintained well to get the service you need. Besides, everyone wants to make their cars look dapper and unique on the road, and it is for this reason that most of them opt for automobile spraying services, which makes their vehicle stand apart from the general fleet. Furthermore, spraying automobiles with the colors of your brand can also lead to effective branding. Therefore, if you are interested in automobiles and looking forward to generating lucrative business ideas in the automobile industry, then setting up a spraying and branding workshop may well be an option for you!
9. Sale of Motor Vehicle Insurance
When there are vehicles, there must be effective ways to protect the owners from thefts, accidents, or damages inflicted on them. Besides, automobiles are quite expensive to not have dedicated insurance policies for them. Insurance policies benefit not only the owners but also those who sell them, so much so that people can hope to create a fortune out of the sale of motor vehicle insurance. Look at the best Insurance franchise businesses in India.
10. Auto Locksmith Business
Automobiles are secured by insurance services and their locks. Can you imagine a car without locks? Truly a nightmare, isn’t it?
Along with the launch of high-end, expensive vehicles, their security is also becoming a growing concern each day. We cannot say when the locks of our car break down all of a sudden. However, with experienced and reliable locksmiths, we can rest assured. Auto locksmith service is necessary for all who possess automobiles, and the demand for auto locksmith services is not to be any lesser shortly, making auto locksmith businesses a rare but lucrative choice of business.
11. Vehicle Licensing Brokerage Service
Vehicle licensing is essential regardless of where you stay and the kind of vehicle you possess. Besides, it is very lucrative, too. Do you know a whole industry of people who work in the vehicle licensing sector?
Yes, you can also consider vehicle licensing and brokerage services as part of the diverse array of automotive business ideas while jotting down the business ideas in the automobile industry, provided that the rising demands it is witnessing lately.
12. Tire Store Retail Business
A tire store business opportunity demands full control of inventory and some adequate knowledge about different types of tires that come with different unique numbers. One can start this business in a metropolitan city or a small town, making it a viable option among various car-related business ideas.
13. Food Truck
The automobile business plan involving food is a new-age concept in India; the food business is always a profitable one. These food trucks attract a wide range of consumers, especially those located near beaches.
14. Battery Reconditioning Business
The battery reconditioning business is providing the service of restoring energy-less batteries to their full original capacity. It can be done by adding some chemicals and using some simple methods. As the vehicle population grows and consumers become more cost-conscious, the potential of increasing this business is obvious.
15. Rental and Ride-Sharing Cars
The automobile business plan of rental and ride-sharing carsgrows and consumers become saw the highest growth. A classic example of this is Uber and Ola. The idea of rental cars and ride-sharing is the next big platform for the automotive industry in India.
16. Automobile Magazine
Automobile magazines are among the most profitable automobile business ideas. There is very good demand in the market. By focusing on a niche audience an individual can start this business with proper editorial and marketing infrastructure.
17. Vehicle Review Blogging
Vehicle review blogging is a home-based, low-cost business idea that anyone can start. By using this review blog, you will be helping individuals make decisions about which car or vehicle will be perfect for them.
18. Mobile Windshield Repairing
A mobile windshield repair business can be initiated from a home location with low startup capital. With little inventory and low operating overhead costs, any individual can start this business with a proper marketing strategy.
19. Airport Bus Shuttle Service
Shuttle service in airports needs no introduction. Faster mobility with larger vehicles like buses is indispensable to transport a fairly large crowd to their respective flights inside the airports quickly. Therefore, the airport bus shuttle service, as part of innovative car business ideas, can also serve as an excellent vehicle business idea if you are looking forward to one!
20. Auto Accessories Store
Four-wheelers are expanding more than ever, and with the increasing number of automobiles, the demand for maintaining them is also increasing by leaps and bounds. Auto repair and accessories stores have multiplied their incomes manifold in the last couple of decades, and the demand is here to stay, making it an amazing business plan for those looking to build an automobile-related business.
21. Aviation Fuel Supply
We love to travel. Whether it is traveling within our country or flying abroad, airplanes cut short our journey and make it as comfortable as we want it to be at cost-effective rates. This expansion of the aviation industry has also raised the demand for fuel supply in general. Therefore, if you are thinking about vehicle business ideas, you might well include aviation fuel supply services in your plan!
22. Exporting Automobile Parts
The automobile business plan leads to the way to exporting their parts. Many foreign manufacturers are relying on India for spare parts due to various factors that make their products much more efficient. Major global luxury brands source their spare parts from India.
23. Auto-Body Store
The auto-body store business provides auto-body repair and new bodybuilding services and sells spare parts and accessories related to the vehicle body. As the number of vehicles is growing, the business opportunity of auto-body stores is also increasing globally.
24. Tow Trucking Service
A Tow Truck service business provides services to help damaged or abandoned vehicle owners wheel their cars to the service station or to the desired parking destination. An individual with demographic ideas and knowledge about the towing arrangement for the breakdown vehicle can initiate this business with substantial capital investment.
25. Automobile Repair Service
Among the automobile business ideas, this business idea is perineal and thriving. It is a quintessential model of business in this industry that can be highly rewarding. It goes without saying that automobiles require regular service, and due to constant usage, they need to be repaired.
26. Driving School
Establishing a driving school can be a self-rewarding and profit-making venture. An individual with a flair for marketing can initiate driving school business with moderate capital investment.
27. Restoration Business
The revival of vintage cars has been a luxury for many due to the scarcity of restoration professionals. After the internet boom in India, the restoration of automobiles has picked up some pace, along with other car business ideas. As the economy changed its course, so did the taste of the people of India, which led to “customization” according to their personal needs. Also, the metro cities are hosting many festivals showcasing vintage cars. The once-old cars of no use are now restored to pristine condition. The restoration of automobiles, including various car business ideas, can be highly profitable based on the automotive industry in India and the quality of work.
28. Courier Service
Do you know that the oldest courier service in India is the Indian Postal Service? The courier service company was established in the country on April 15, 1774. An industry with a rich history of around 224 years has only bettered and grown far and wide across the country, showcasing opportunities for various automobile business ideas. Furthermore, it has been and is continuing to be a huge opportunity for any startup company to be established in this sector, with vehicles holding a central place in these services. Therefore, it is surely one of the most lucrative vehicle business ideas to invest time in! Click here to learn about the Top Courier and Delivery Franchise Business in India.
29. Dump Truck/Waste Disposal Service
Fresh delivery and disposal services go hand in hand. Effective disposal service is the need of the hour, and this need is pushing the industry to invite promising newcomers with decent ROI. Waste management has become a necessity. If you are wondering about innovative and promising automobile business ideas, then dump trucks or waste disposal services may well be your option, given the rise it has witnessed in the past years.
30. Limo Service
The automobile industry has grown with time, packing inconvenience, comfortability, cost-effectiveness, and luxury at the same time. Along with affordable cars that cater to the needs of the general public, four-wheelers have not disappointed the upper class or the rich people of society with the help of the premium vehicles that the industry boasts of. Limo service is one of the high-end services modeled on the automobile industry and can serve as a towering idea when it comes to automobile-related businesses, including premium automobile business ideas.
31. Mobile Mechanic Service
Automobile businesses perform well only when they are maintained well. Automobile repair or maintenance is, therefore, a key to any well-functioning automobile. Mechanic services for automobiles were earlier stationary. With the emergence of mobile mechanic services, the industry is simply witnessing a revolution. This is also bringing in a host of fresh employment opportunities and, along with it, driving this present generation of entrepreneurs.
32. Multi-Storied Parking Lot
The escalating numbers of vehicles worldwide amplify the challenges associated with finding adequate parking space, especially in major cities. Launching a multi-storied parking facility designed to accommodate various vehicle types, including cars and trucks, stands out as one of the most lucrative automobile business ideas in the realm of automobile-related businesses.
33. Used Car Shop
Starting a used car dealership can be very profitable. You'll need space for a car lot, skilled technicians to fix and maintain the cars, and a few salespeople to help customers find the right vehicle. This requires a significant amount of money upfront. Before you begin, make sure you understand how car values depreciate and keep up with market trends.
34. Vehicle Service on the Move
People are very busy with their personal and professional lives these days, so they don't have time to get their vehicles serviced. A mobile service station can be a great car-related business because many potential customers need this convenience.
35. Women’s Cab Service
Cab companies are common worldwide, but sometimes women feel unsafe riding in them. Having cabs driven by women can address this concern. With an investment in a fleet of cars and salaries, this car-related business could be very successful in big metropolitan cities.
36. Auto Detailing
Auto detailing is perfect for those who love cars and have an eye for detail. You'll offer services like cleaning, waxing, and polishing to enhance and protect the car's appearance. Car enthusiasts are willing to pay well for these services, making it a profitable automobile business. You can choose to have a fixed location or a mobile service to suit your business style.
37. Body Shop
This business focuses on repairing vehicles damaged in accidents and restoring them to their original condition. A body shop requires knowledge of car mechanics, bodywork, and painting skills. With the right location and quality service, you can attract customers looking for professional and reliable repairs. Satisfied customers will help build your reputation, leading to steady business and referrals.
Conclusion
We hope the above list of automobile business ideas will help you make an informed decision. We will update this list of Automobile and Car-related business ideas as we get more industry information. So stay tuned!
FAQs
What are the top automobile companies in India?
Some of the top automobile business companies in India are:
- Tata Motors Ltd
- Maruti Suzuki India Ltd
- Mahindra Group
- Hero MotoCorp Ltd
- Bajaj Auto Ltd
- Ashok Leyland Ltd
- TVS Motor Company Ltd
- Force Motors Ltd
Which car business is most profitable?
Some of the most profitable car business ideas are:
- Auto Interior Shop
- Lubrication Oil Retail Shop
- Car Wash Business
- Vehicle Licensing Brokerage Service
- Rental and Ride-Sharing Cars
- Car Accessories Store
- Automobile Repair Service
- Driving School
What are some of the common automotive industry jobs?
The automotive industry is expanding with numerous job offerings that a lot of people opt for. Some of the most common automotive industry jobs today are associated with:
- Car rental services
- Vehicle inspection services
- Automobile designing
- Automobile manufacturing
- Automobile selling
- Automobile repairing
- Fleet operating
How is the vehicle industry growing?
The vehicle industry is growing today at a pace that was never seen before. The global sales of the automobile business are reported to be around 67.2 million units in 2022.
Is starting a tow truck business a good idea?
Starting a tow truck business might sound like a good idea, but it is important to learn that a tow truck business can prove to be a big time and money investment for some people. Therefore, it is essential to plan a long-term conversion through the same.
What are some lucrative automotive franchises in India?
If you are wondering about some of the most profitable automotive franchises in India:
- EV Techo Electra Motors
- Mahindra First Choice
- Feynlab
- AAMCO Transmissions and Total Car Care
- EV Motors India
- COZI CARS
- AUTO HERB
- Wheeler Cleaner
How to start an automobile business?
- Conduct thorough market research to identify a niche or demand, then create a detailed business plan.
- Obtain necessary licenses, secure funding, and establish supplier relationships before launching your automobile business.
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