Top 10 Business Ideas Under 1 Lakh – The manufacturing business has always been a lucrative field for the world community. Initially it demands a reasonable investment but once established it generates consistent and large profits. But choosing a good manufacturing business idea is the key to business success. There are various manufacturing business ideas around the world that can be started. In this article, we will provide some of the top and best manufacturing business ideas that can be started with low investment and can generate high profits. This list contains 44 Most Profitable Manufacturing Business Ideas in India to start with low investment and high profit. The list also includes new manufacturing business ideas with medium investment in India. One must review every manufacturing business given here and choose the one that suits them.
Businesses that use raw materials and components to prepare finished products with the help of machines are referred to as manufacturing businesses. These raw products can be sold directly to consumers or to other industries as raw materials. The manufacturing unit is a human and machine arrangement that requires heavy investment in the initial stages, but once established in a proper way, it will yield good profits. Some business units demand high investment whereas some can be started with low investment too.
Top 10 Business Ideas Under 1 Lakh
Here is a list of some of the top manufacturing business ideas that can be started with low investment and expected to generate high returns. One has to review the pros and cons of every business idea, business place and then call to start that manufacturing business.
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Furniture is an indispensable item for homes, schools, businesses, etc. Everyone needs tables, chairs, sofas, beds, wardrobes, etc. So, furniture manufacturing can be a good business idea. Estimated capital required is Rp. 1 to 5 lakh depending on your manufacturing scale. One can earn high fees from such low cost business ideas. You can also open this business with a large size and this new manufacturing business idea with high investment can provide very high profits.
With the increasing awareness of fashion, clothes are in the highest demand. Moreover, the demand is never ending. So, garment manufacturing is a very productive business. There is no capital estimate as one can start as low as Rs 1 Lakh and can go up to several crores too. This is one of the best business ideas with low investment and high profit.
Leather products are always in demand. Small items made of leather can be made easily with the help of simple tools and machines. The capital needed in this business is around Rp. 1 lakh to 5 lakh. This is one of the best mid scale manufacturing business ideas in India.
There is a regular demand for stationery items for offices and schools. Files, folders, pens, account books, pencils, erasers, sharpeners, etc. The list is endless. These goods are even in demand by small and large industries. So, considering the demand for this product, building this unit could be a great idea. It is a low investment business with high profit.
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The car industry is thriving in every part of the country. All automotive industries need spare parts to be assembled in their units. If you have good business skills and have a large financial capacity, you can start this business. No need to manufacture too many parts. One can specialize in several parts of the automotive industry. One has to manufacture only those parts which are required on a regular basis. Invest here around Rs.5 lakh to 15 lakh.
We live in an agriculture based country. Anyone who has good knowledge of chemicals and fertilizers, can start with a small scale fertilizer manufacturing unit. If the business is successful, it has enormous expansion potential. The investment here is Rs. 25,000 to 1 Lakh.
Indoor and outdoor games are always popular among kids as well as parents. Manufacturing small sports related items can be a good business idea as is manufacturing balls, bats, carroms, badminton rackets etc. This is one of the best mid scale manufacturing business ideas in India.
The honey-making business is associated with beekeeping. This is one of the easiest business ideas to start at low cost. Honey is in great demand for its healing properties. The capital required is Rs. 25, 000. People also call this a good home manufacturing business under 1 Lakh.
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Toys have always been children’s favorite items and sales have never gone down. One can take several designs and styles of green toys with some innovation in them. Moderate investment in this business idea.
Bottled mineral water is in great demand these days due to its wide usage in weddings, parties, hotels etc. Manufacturing bottled mineral water is an excellent business idea as long as it is made hygienically. Water has become a scarcity in India hence it is one of the most profitable business in India.
Pure drinking water is a big problem in today’s cities. So, small water filter manufacturing and small home RO plants can be great options for starting a business. The amount of capital required here is quite large starting from Rs. 5 lakh to 15 lakh.
Although many well-known brands sell biscuits and chocolates, many people still prefer handmade biscuits and other bakery products. So, a small home bakery is a great idea for business. This can be one of a kind manufacturing business under 1 Lakh.
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Fancy scented candles are always in high demand especially in the hospitality industry and around festival time and this makes for a very good home business idea. The space needed in this business is also not much. Start-ups can be established with even one room of space. The required capital is around Rp. 25,000 to 50,000 only. The raw materials needed are candles, perfumes, moulds, dyes etc.
Paper is widely used in schools and colleges along with other industries for billing and recording their business transactions. Overall, it is used in every sector. Paper manufacturing also does not require high investment. The capital required here is 1 to 2 lakh. Machines and space required are based on paper size, volume and quality. Education has become expensive these days. Hence this can be the most profitable business in India.
The demand for aluminum doors and windows is increasing rapidly in metro cities as well as small cities. This business is quite profitable and requires very little capital hence it is one of the new manufacturing business ideas with medium investment in India.
If you are good at baking cakes and biscuits this is an ideal business that can be started from the kitchen with investment as low as Rs. 25,000 to 50,000. Is a home manufacturing business. Currently, people really need homemade bakery products that are healthy and hygienic. Moreover, they are widely used for corporate and industrial gifts. If your product tastes match people’s tastes, your business will reach new heights in no time. This is the best profitable business idea in India.
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If you are interested in creative arts and crafts, making creative craft items can be a great home business idea. Such products are in high demand and require very little capital.
Disposable plates, cups and cups are gaining ground in the market due to the single-use properties associated with them. Businesses can be started using simple machines and very low investment. You may need a small manufacturing machine for this. This can be one of the best manufacturing business under 2 Lakhs.
Printers are very commonly used for billing purposes these days. So, the demand for ink and cartridges is also increasing day by day.
Carpets have always been associated with wealth and royalty. They are widely used in the hospitality industry. It has become good even at home now. They can be machine made and handmade too. A carpet manufacturing business can be started easily with a small investment and the potential is huge.
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Cell phones are used by one and all. Their sales have increased tremendously in recent years and so has the demand for their accessories. Various accessories are used to decorate the mobile phone and also to protect it. This is a great business idea with great growth prospects. The investment is also very low ranging from Rs 50,000 to 2 lakh. Indians love mobiles which are only used for 1-2 years along with necessary accessories. Therefore, manufacturing mobile phone accessories is one of them
The demand for kitchenware and cutlery has not changed as they are commonly used items. Fashionable and branded tableware and utensils are always in high demand. So, this can be a good thing
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