Business Opportunities In Chennai With Low Investment

By | July 20, 2023

Business Opportunities In Chennai With Low Investment – Choosing a good manufacturing business idea under 1 million in 2022-2023 is the key to the success of your small business. Also, if this business idea requires a small amount of investment, there is no better time. There are various business ideas in the world that can be 100% successful and can be started with 1 lac. A business idea is a concept used for financial gain, usually focused on a product or service offered for money. An idea is the first step in the process of creating a successful business.

The easiest business to start is a service business, especially for beginners. A service business is any type of business that sells services. In other words, you sell your skills, labor or experience in exchange for products or goods. If you don’t have start-up capital, there are still many business opportunities. Most of them are ways to make money online by offering digital services.

Business Opportunities In Chennai With Low Investment

Business Opportunities In Chennai With Low Investment

Businesses with the greatest potential for success are typically service-based businesses rather than product-based businesses. In a service-based business, such as a lawn care or dog walking service, your focus is usually local rather than national, which means less competition.

Small Scale Manufacturing Business Ideas With Low Investment

A business plan with little investment is not enough to start a business. You may have many business ideas in your head, but making those ideas a reality is all business demands. There are times when these ideas force you to make a different decision, usually because of a lack of direction. This is the period when most aspiring traders strive for balance in order to succeed. You may have heard the stories of many aspiring entrepreneurs who struggled during the start-up phase, especially when they were full of investment and ideas, and succeeded because of their hard work, self-confidence and innovative ideas.

To run a business successfully, you need a lot of determination and self-confidence, and you need to be clear about your business plan before entering the entrepreneurial arena. To make it easier, here are some business ideas that you can start with an investment of less than 1 million and achieve 100% success.

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Candles are one of the products that are always in demand and a very popular business option that you want to start with a small investment. The demand for candles ranges from traditional to religious and decorative purposes and especially during festivals. The demand for lamps is very high. It costs around Rs 20,000 to Rs 30,000 to start a candle making business and you can start it from a small space like your home.

Basic materials and some candle making equipment are enough to start the business and later you can expand it according to demand.

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Pickle making is another traditional business idea that is very popular in India. You cannot find a home without at least one type of cucumber. So, if you want to start with less investment, pickle business is an easy and safe option. Demand for Indian cucumber is high not only in the Indian market but also abroad. A capital of around Rs 20,000-25,000 is enough to start a business and with your innovative ideas you can really make it big in the future.

India’s incense sticks business is growing due to high demand abroad. Due to the popularity of meditation in many countries around the world, the business of exporting incense sticks has also increased. Automatic and semi-automatic agarbatti machines start at 50,000 tomans and can be used for mass production.

Crafted buttons and laces are the most essential accessories and embellishments used in the garment industry. With new fashion trends, they have great potential in the market. Lace and buttons are always in demand and are exported to various countries, so it is a good option for people who want to start a business with less investment. With a small investment of around 25000 to 50000 rupees, you only need a small space to start this business.

Business Opportunities In Chennai With Low Investment

Everyone loves to eat ice cream and nowadays it is the most popular dessert from children to adults. Due to the increase in the consumption of ice cream, the demand for ice cream cones has increased. Hence, starting a small ice cream cone manufacturing unit is the best idea. Certainly, this idea can be a profitable business choice and you can start this business with an investment of around 1-1.5 million rupees. However, you can run the same business on a larger scale during the development phase with high-powered machines.

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Chocolate not only improves mood but also relieves stress, and when it comes to chocolate, India tops the charts. According to a report by Mintel, between 2015 and 2016, sales of chocolate confectionery in the retail market in India grew by 13%. An investment of around Rs 40,000 to Rs 50,000 is required to purchase raw materials and packaging materials. However, if you want to start it even bigger, the cost can go up to Rs 2 lakh to Rs 3 lakh. This business is also one of the best options for those who want to start a business with a low investment and this business has good returns and returns.

The process of making noodles is simple and requires raw materials: wheat flour, spices, salt, starch, sugar, vegetable oils, etc. You can find semi-automatic and fully automatic noodle making machines in the market. The process of making noodles is not that difficult and the demand for noodles is always stable. With innovative and creative ideas, you can make threads in a different way to attract customers because threads can be cut in any shape and size. Low-powered noodle making machines cost around Rs 40,000, while high-end machines cost around Rs 1.5 lakh.

No events, picnics, ceremonies, etc. disposable food plates and cups are not complete. They are widely used by street vendors and merchants. The market for disposable food plates and cups has matured due to low prices and increasing demand. They are the first choice in many places and the investment required to start this business is around Rs 50,000. The main part of the investment is the purchase of machines for the production of disposable plates.

As the world moves towards a ‘plastic-free’ land, it’s a great time for the jute bag manufacturing business. The use of these biodegradable and reusable “golden fiber” products is increasing day by day. Jute bag making and jute manufacturing process is easy and simple. A small investment of around 50000 to 1 million rupees is enough to start this business. You can start this jute bag and products business in a small area of ​​500 square feet.

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Organic soap making is one of the trending businesses in the market and now is a good time to start it as a small business. Now the market is in high demand for billions of dollars. All you need is glycerin, essential oils, herbs, molds, a microwave, and more. raw materials such as To start small herbal soap making business you need about 1.5 to 2 million rupees investment and you can start even at home.

These days, people are more aware of the use of oil and many of them prefer to use natural products. And they have no qualms about paying a premium for quality natural beauty and health products. So it is a good idea to start a small business of coconut oil for hair as the investment is around 1 million rupees.

India’s smartphone market is growing despite holding the global market. According to the International Data Corporation (IDC), the Indian market shipped 32 million units in 2019. Tempered glass is in high demand among many smartphone accessories, these glasses are made in high temperature machines and have to pass tests like. Break test, hardness test and dimensional inspection. Starting a tempered glass manufacturing business as one of the critical components for smartphones is a good option and the start-up cost of this business is around Rs 75,000 and Rs 1.5 million for high capacity.

Business Opportunities In Chennai With Low Investment

Event management services business is one of the fastest growing business in today’s busy lifestyle. To start this business, you need good communication with members who help you organize events, for example, if you need to organize a wedding, with a caterer, decoration work, DJ and … so about people who are always available to do all the events on time.

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By organizing parties, you will receive event expenses