{"id":30706,"date":"2026-02-17T17:38:36","date_gmt":"2026-02-17T12:08:36","guid":{"rendered":"https:\/\/www.niir.org\/blog\/?p=30706"},"modified":"2026-02-22T22:47:35","modified_gmt":"2026-02-22T17:17:35","slug":"tourism-based-msmes-india","status":"publish","type":"post","link":"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/","title":{"rendered":"How First-Generation Entrepreneurs Can Build Tourism-Based MSMEs in India"},"content":{"rendered":"<p>Tourism-based MSMEs in India is not the sight seeing &#8211; it is big springboard for the first generation of entrepreneurs. With a variety of landscapes, heritage sites and rural experiences, the country has a lot to offer in terms of micro-ventures that may require little capital investment but offer high returns. Unlike traditional hospitality which requires a massive investment in hotels and transportation, tourism-focused businesses can flourish based on community participation, local supply chain and scalable service models.<\/p>\n<p>First generation founders can succeed if they look beyond traditional tourism offerings and investigate the entire range of tourism-supported opportunities. From Homestays to packaged food products, experience design to sustainable manufacturing, the tourism industry holds many routes to profitable entrepreneurship.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Read_More_Our_Books\" >Read More: Our Books<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Why_Tourism_is_Business_Multiplier_in_India\" >Why Tourism is Business Multiplier in India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Low-Investment_Tourism_Startups_for_First_Generation_Entrepreneurs\" >Low-Investment Tourism Startups for First Generation Entrepreneurs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#1_Homestay_and_Experience_Circuits\" >1. Homestay and Experience Circuits<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#2_Packaged_Food_Products\" >2. Packaged Food Products<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Read_More_Business_Plans_Project_Profiles\" >Read More: Business Plans \/ Project Profiles<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#3_Sustainable_Packaging\" >3. Sustainable Packaging<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#4_Fabrication_MSMEs_Tourism_Infrastructure\" >4. Fabrication MSMEs (Tourism Infrastructure)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Read_More_Project_Reports_Profiles\" >Read More: Project Reports &amp; Profiles<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Economics_of_Tourism-Linked_MSME\" >Economics of Tourism-Linked MSME<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Feasibility_and_Support\" >Feasibility and Support<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Read_More_Rural_Tourism_Startups_15_Scalable_Business_Ideas_Backed_by_Government-Led_Ecosystems\" >Read More: Rural Tourism Startups: 15 Scalable Business Ideas Backed by Government-Led Ecosystems<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Promising_Tourism_Adjacent_MSMEs_Opportunities\" >Promising Tourism Adjacent MSMEs Opportunities<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Read_More_10_New_Manufacturing_Business_Opportunities_in_India_for_Startups_and_MSMEs\" >Read More: 10 New Manufacturing Business Opportunities in India for Startups and MSMEs<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/#Frequently_Asked_Questions_for_Tourism_based_MSMEs\" >Frequently Asked Questions for Tourism based MSMEs<\/a><\/li><\/ul><\/nav><\/div>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Read_More_Our_Books\"><\/span>Read More: <a href=\"https:\/\/www.niir.org\/books\/category\">Our Books<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"Why_Tourism_is_Business_Multiplier_in_India\"><\/span>Why Tourism is Business Multiplier in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Tourism in India is booming:<\/p>\n<ul>\n<li>The country has 2.9 million international tourists every year, while domestic tourism brings in spending of Rs 55 &#8211; 60 billion.<\/li>\n<li>Rural tourism is also picking up: more than 570 homestays are registered in West Bengal alone.<\/li>\n<li>Initiatives of the Government of India such as PRASHAD, Swadesh Darshan and Swadesh 2.0 are aiding infrastructure support and funding opportunity for tourism adjacent MSMEs.<\/li>\n<\/ul>\n<p>Entrepreneurs can create businesses with high-profit margins through these opportunities which require minimal initial costs and enable them to pursue business activities that generate continuous customer needs instead of offering single-time services.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Low-Investment_Tourism_Startups_for_First_Generation_Entrepreneurs\"><\/span>Low-Investment Tourism Startups for First Generation Entrepreneurs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Homestay_and_Experience_Circuits\"><\/span>1. Homestay and Experience Circuits<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><strong>Eco-homestays:<\/strong> Kerala and Himachal Pradesh have demonstrated that small homestays can generate <strong>consistent income<\/strong> through repeat tourist visits.<\/li>\n<li><strong>Weekend tourism packs:<\/strong> Customized short trips can be organized for domestic tourists that include accommodation, guided tours, and local experiences.<\/li>\n<li><strong>Spiritual and heritage tours:<\/strong> There are packages targeting spiritual or heritage tourism with tours based on temples, forts, or cultural circuits etc. to cater to the niche tourist segments.<\/li>\n<\/ul>\n<p>The main plan requires organizations to distribute products before they can start building their supply network. The organization needs to create its network of home stay accommodations, tour guides, and activity providers. Digital platforms enable organizations to handle their booking processes while customers can find services and experience their products.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Packaged_Food_Products\"><\/span>2. Packaged Food Products<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Tourist centres provide predictable demand for consumables. Entrepreneurs can manufacture locally made products such as:<\/p>\n<ul>\n<li>Fruit powders (Mango, Jamun, Kokum, Banana)<\/li>\n<li>Dehydrated ingredients and ready to cook mixes<\/li>\n<\/ul>\n<ul>\n<li>Eco-friendly packaged snacks<\/li>\n<\/ul>\n<p><strong>Advantages:<\/strong><\/p>\n<ul>\n<li>Adding value to raw materials through processing and premium packaging &#8211; 5-8X<\/li>\n<li>Longer shelf-life (6 &#8211; 12 months with nitrogen-flush packaging)<\/li>\n<li>Export potential for international tourists or online markets<\/li>\n<\/ul>\n<p>The business model of creators who produce tourist products enables them to use seasonal material resources which results in sustainable business growth.<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Read_More_Business_Plans_Project_Profiles\"><\/span>Read More: <a href=\"https:\/\/www.niir.org\/business-plan\">Business Plans \/ Project Profiles<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"3_Sustainable_Packaging\"><\/span>3. Sustainable Packaging<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Eco-conscious tourism is increasing. Founders can capitalize on this trend by producing:<\/p>\n<ul>\n<li>Paper water bottles<\/li>\n<li>Biodegradable pouches<\/li>\n<li>Reusable cutlery and packaging<\/li>\n<\/ul>\n<p>These products not only address the needs of local tourism businesses, but also meet an increasing global demand for sustainable solutions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Fabrication_MSMEs_Tourism_Infrastructure\"><\/span>4. Fabrication MSMEs (Tourism Infrastructure)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Tourism growth in rural and hill areas creates predictable demand for the creation of fabricated products in B2B sectors, including:<\/p>\n<ul>\n<li>Solar mounting structures for eco-resorts<\/li>\n<li>Mast lighting poles and Crash barriers<\/li>\n<li>Resorts- cable trays and metal frameworks<\/li>\n<\/ul>\n<p><strong>Why it works:<\/strong><\/p>\n<ul>\n<li>Contract driven orders reduce market uncertainty<\/li>\n<li>High volume orders improve margins and scale quickly<\/li>\n<li>Government and resorts projects ensure predictable revenue streams<\/li>\n<\/ul>\n<p>Feasibility depends upon production capacity, power load, metalworking requirement, manpower and export potential.<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Read_More_Project_Reports_Profiles\"><\/span>Read More: <a href=\"https:\/\/www.niir.org\/profile-project\">Project Reports &amp; Profiles<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_qd3zf5qd3zf5qd3z.png\" sizes=\"(max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_qd3zf5qd3zf5qd3z.png 1024w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_qd3zf5qd3zf5qd3z-300x300.png 300w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_qd3zf5qd3zf5qd3z-150x150.png 150w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_qd3zf5qd3zf5qd3z-768x768.png 768w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_qd3zf5qd3zf5qd3z-148x148.png 148w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_qd3zf5qd3zf5qd3z-296x296.png 296w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_qd3zf5qd3zf5qd3z-512x512.png 512w, https:\/\/www.niir.org\/blog\/wp-content\/uploads\/2026\/02\/Gemini_Generated_Image_qd3zf5qd3zf5qd3z-920x920.png 920w\" alt=\"Tourism-based MSMEs in India\" width=\"1024\" height=\"1024\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Economics_of_Tourism-Linked_MSME\"><\/span>Economics of Tourism-Linked MSME<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The principles followed by profitable tourism MSMEs are:<\/p>\n<ol>\n<li><strong>Upward-sloping margins: <\/strong>A higher level of profit results from a higher level of production or service flow.<\/li>\n<li><strong>Seasonality risk management: <\/strong>Identify periods of off-season demand and plan for demand smoothing.<\/li>\n<li><strong>Verified supply chains: <\/strong>Make raw material continuity and supplier reliability<\/li>\n<li><strong>Repeatable demand monetization:<\/strong> Focus on subscription, packaged products or recurring experiences.<\/li>\n<\/ol>\n<p>The eco-friendly home-stay receives 20 to 30 visitors every month during its first operational period. The founders create a customer base which leads to increased business income through their special food items and outdoor adventure activities.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Feasibility_and_Support\"><\/span>Feasibility and Support<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>DPR-mapped feasibility studies help first-generation entrepreneurs to evaluate:<\/p>\n<ul>\n<li>Manufacturing process design &amp; product mix<\/li>\n<li>Raw material &amp; power load estimation<\/li>\n<li>Risk and contingency planning &#8211; Seasonality risk<\/li>\n<li>Financial projection and machinery selection<\/li>\n<\/ul>\n<p>Niir Project Consultancy Services (NPCS) provides organizations with comprehensive guidance to minimize their operational hazards while improving their financial credibility. With feasibility studies, it is possible for MSMEs to access loans, attract investors and scale in an efficient manner.<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Read_More_Rural_Tourism_Startups_15_Scalable_Business_Ideas_Backed_by_Government-Led_Ecosystems\"><\/span>Read More: <a href=\"https:\/\/www.entrepreneurindia.co\/blogs\/rural-tourism-startups\/\">Rural Tourism Startups: 15 Scalable Business Ideas Backed by Government-Led Ecosystems<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h2><span class=\"ez-toc-section\" id=\"Promising_Tourism_Adjacent_MSMEs_Opportunities\"><\/span>Promising Tourism Adjacent MSMEs Opportunities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<td>\n<p><strong>Sector<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Opportunity<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Key Advantage<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<p>Homestays &amp; Experience<\/p>\n<\/td>\n<td>\n<p>Weekend circuits, heritage tours<\/p>\n<\/td>\n<td>\n<p>Recurring revenue, low asset intensity<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Packaged Food<\/p>\n<\/td>\n<td>\n<p>Fruit powders, dehydrated mixes<\/p>\n<\/td>\n<td>\n<p>Value addition, export potential<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Sustainable Packaging<\/p>\n<\/td>\n<td>\n<p>Biodegradable bottles &amp; pouches<\/p>\n<\/td>\n<td>\n<p>Aligns with eco-tourism trend<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Fabrication<\/p>\n<\/td>\n<td>\n<p>Solar mounts, lighting poles, cable trays<\/p>\n<\/td>\n<td>\n<p>B2B contracts, scalable margins<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>By having an eye for asset-light, repeatable business models, founders are able to scale their ventures without investing a lot in capital expenditure.<\/p>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Read_More_10_New_Manufacturing_Business_Opportunities_in_India_for_Startups_and_MSMEs\"><\/span>Read More: <a href=\"https:\/\/npcsblog.com\/10-new-manufacturing-business-opportunities-in-india-for-startups-and-msmes\/\">10 New Manufacturing Business Opportunities in India for Startups and MSMEs<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe  id=\"_ytid_12483\"  width=\"750\" height=\"421\"  data-origwidth=\"750\" data-origheight=\"421\" src=\"https:\/\/www.youtube.com\/embed\/vedJsD5WqMc?enablejsapi=1&#038;autoplay=0&#038;cc_load_policy=0&#038;cc_lang_pref=&#038;iv_load_policy=1&#038;loop=0&#038;rel=1&#038;fs=1&#038;playsinline=0&#038;autohide=2&#038;theme=dark&#038;color=red&#038;controls=1&#038;disablekb=0&#038;\" class=\"__youtube_prefs__  epyt-is-override  no-lazyload\" title=\"YouTube player\"  allow=\"fullscreen; accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen data-no-lazy=\"1\" data-skipgform_ajax_framebjll=\"\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 id=\"conclusion\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Tourism in India is not merely an experience sector, it is an entry point to sustainable and high margin micro ventures for first generation entrepreneurs. By leveraging:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Experience aggregation<\/li>\n\n\n\n<li>Local manufacturing<\/li>\n\n\n\n<li>Linked to infrastructure<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Scaling is an efficient way for founders to scale without heavy capital outlay. The combination of feasibility studies and supply chains with revenue models that can be duplicated enables tourism-based MSMEs to achieve financial success and business stability while preparing for export operations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India&#8217;s tourism sector functions as a business multiplier which creates opportunities for innovative and sustainable entrepreneurial ventures. First-generation entrepreneurs who develop effective business strategies can transform their minor business concepts into successful ventures which will create significant social impact.<\/p>\n\n\n\n<h2 id=\"frequently-asked-questions-for-tourism-based-msmes\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_for_Tourism_based_MSMEs\"><\/span>Frequently Asked Questions for Tourism based MSMEs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Can the tourism link MSMEs get the loans from the banks?<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, when backed up by DPR mapped studies of margin behaviour, power load, product mix and B2B contract pricing logic.<\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Should land be bought up before demonstrating demand for tourism?<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">No. Asset acquisition should only happen when the cost of leasing is higher than the ROI of ownership costs.<\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Which tourism businesses grow the fastest?<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Packaged food powders, sustainable packaging, experience circuits and B2B fabrication MSMEs tend to scale rapidly.<\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>What are the biggest risks?<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Seasonality, moisture control, continuity of the supply, timing of working capital-but feasibility studies can overcome these.<\/p>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li><strong>Can tourism ventures become export oriented?<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Absolutely. Both products and experience intellectual property have the opportunity to enter the international markets.<\/p>\n","protected":false},"excerpt":{"rendered":"Tourism-based MSMEs in India is not the sight seeing &#8211; it is big springboard for the first generation&hellip;","protected":false},"author":15,"featured_media":30715,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":23,"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","footnotes":""},"categories":[17376,16875],"tags":[18040],"industry":[],"class_list":["post-30706","post","type-post","status-publish","format-standard","has-post-thumbnail","category-msme-small-scale-industries","category-startup-opportunities","tag-tourism-entrepreneurship","cs-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tourism-Based MSMEs in India: Opportunities for Entrepreneurs<\/title>\n<meta name=\"description\" content=\"Learn how first-generation entrepreneurs can start and grow tourism-based MSMEs in India with low investment, high margins, and sustainable\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tourism-Based MSMEs in India: Opportunities for Entrepreneurs\" \/>\n<meta property=\"og:description\" content=\"Learn how first-generation entrepreneurs can start and grow tourism-based MSMEs in India with low investment, high margins, and sustainable\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.niir.org\/blog\/tourism-based-msmes-india\/\" \/>\n<meta property=\"og:site_name\" content=\"Niir 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