I am not from south india but does it matter as any business is good any where in India when ably managed.Now what Business to start depends upon various factors.Your age, qualifications, experience, aptitude and source of finance.In 3 lacs you will hardly be able to maintain stocks and do good turnover with small margin profits.Shop on rental with deposit will reduce your business capital planned.Ownership premises is out of question with the budget formalised.You may have to give credit to your known prospective customers as otherwise they will not be attracted to you and may not patronise you.Every business is good when you manage with zeal and fortitude.Go in for service oriented business where dependence of having large stocks as inventory is avoided. Servicing of Computers/Printers, AMC for Water purifiers, Air conditioners, Refrigerators, delivery pickup service, Electrical installations fittings along with a licence holder,Plumbing Sanitary services with a licenced plumber, or some innovative service that you can think best. Give a thought. All these activities in Business has good scope in South India.
First you purchase one computer.1.Data entry work2.DTP (Photoshop, Page Maker, Corel Draw)3. Xerox4. STD / FAXfrom the above business you can earn minimum Rs.15,000 to 20,000 per month. But you need shop for this. First you start with Data entry work from your home. Approach big companies or small companies and get order for projects.
Hi MUsheer if u have 3 lacks in hand then First invest it in a real estatei mean Buy a if 3 lackhs is not enough buy it on a loan and then start any thing which suits ur skill Example you may start a hotel You may start a petrol pump if u have contacts You may start a automobile show room All this without any risk beacase the value of the alnd keeps on increasing day by day and if u come acros any loss u may sell it any day
You have to search your own talent. You have to utilise the same. You can do farming, dairy, fruit juice shop, hot chips shop, coconut shop, flower shop like many and choose where you are interested.
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Bhai Jaan, do one thing, buy a car and attach the same with call centre. Now a days, its a good business.