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- Best Wellness Business To Start In Karnataka
Known for its technology, shopping, lifestyle & biotechnology, Karnataka is one of the top tourist destinations in South India. Karnataka is a home to lavish temples, beautiful beaches, mountains and valleys. The state is the manufacturing hub of some of the largest public sector industries in India and has emerged as the pan-India leader in IT. (Information Technology)
Karnataka has earned a tag of being the start-up hub of the country. Thus, starting a business in this state is highly profitable.
Below are the best wellness businesses you can start in the state of Karnataka.
Wellness Tourism
With an array of sculpted temples, scenic beaches and medical facilities, Karnataka is a popular attraction for wellness tourism in the country. Karnataka is witnessing a sharp increase in the number of tourists and almost a 25% annual rise in the medical and wellness tourism.
The state’s richness in tourism infrastructure makes it capable to support world-class and quality hotels and medical services. Therefore, investing in wellness tourism in Karnataka could yield huge revenues.
Investment: 10-20 lakhs
ROI: 14-18%
Medical Spas
India is naturally endowed with a reputation for age-old medicines where therapies such as Ayurveda, Unani, homoeopathy, naturopathy, and yoga are a heaven for tourists looking for medical spas.
The spa industry is booming in today’s time which is allowing the investors to encash on this growing industry. The Karnataka government plans to offer tax and non-tax incentives to entrepreneurs wanting to set up health and wellness related units in the state.
Owing to its scenic beauty and pleasant climate, Karnataka is one of the best places to start a medical spa business.
Investment: 2- 10 lakhs
ROI: 30-35%
Detox Retreat
With the stressful lives that we lead today, just getting away from the chaos to a quiet destination doesn’t help much.
People need a detoxification from the pollution and stress. Therefore, they opt for tourist destinations with a wellness programme.
Karnataka is the hub of country’s best detox retreats. These detox retreats offer rejuvenation, treatment of ailments, body purification and holistic healing of mind, body and soul.
More than just a spa break, these detox retreats are a combination of ayurvedic mental and physical cleansing. The state of Karnataka is a perfect choice for starting a detox retreat for higher profits.
Investment: 10-50 lakhs
ROI: 18-25%