Manufacturing Business Ideas In India With Low Investment – Many of us aspire to be entrepreneurs. Starting a new business requires huge investment. Some may be interested in starting a simple business while some may want to start a manufacturing business. If you are thinking of starting a manufacturing business with low investment then this article is for you. What are 30 small manufacturing business ideas that can be started with an investment of Rs 10 million? If you can afford more investment, it can be the best product business idea to start with even Rs 15 million.
A production activity is the process of converting raw materials or components into finished products for sale directly to consumers or other production factors. A production unit may be simple by performing some processing on a very complex unit. Employs man and machine setup with division of labor. Simple production units do not require much capital and can be built with minimum effort. This article presents some manufacturing business ideas that require low capital investment.
Manufacturing Business Ideas In India With Low Investment
The production enterprise has entered a dynamic phase. It has a high potential for growth, but the innovation factor should be forgotten. Traditional methods of production and marketing will no longer work. Only the manufacturing units that adapted to the changing environment could survive. Moreover, there is now a very high level of competition in every sector, which can reduce profitability.
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Here is a list of business investments worth Rs 10 crore. If you can afford more, you can also invest up to Rs 15 lakh.
1) Packing boxes and cartons – Packing boxes and cartons are widely used in our daily life. Goods are transported in or out of the country using these sticks and boxes. Its production machine costs between Rs. 5-10 million. One of the better deals for less than 10 million to start.
2) Manufacturing of Optical Frames – Manufacturing of optical frames for any type of glasses is growing very rapidly. Its manufacturing process is very simple. You can import the machine from China or any other country which will cost you around Rs. 3 lakhs to 5 lakhs. Since plastic is cheap, the cost of raw materials is very low, the screws are attached by hand or by machine, and the final part is its structure if necessary. The total cost for manufacturing the plastic frame is around Rs. 150 to 200 including labor charges and its selling price is around Rs. 250 to 300.
3) Making Agarbatti – You can start making Agarbatti. The profit margin in this store is Rs. 10 per kg and you can easily make 100 kg raw incense in 10 hours using a high speed machine. The price of the machine is around Rs. 4 lakhs.
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4) Custom t-shirt printing – You might have seen people wearing t-shirts with their own name or some customized message. Such t-shirts are very trendy these days. These t-shirts are produced using printing machines. This can be another great business idea.
5) Tissue Paper Manufacturing – Restaurants, Cafes, Tea Stalls, Food Centres, Weddings, Parties etc. Tissue papers are in demand everywhere. You can set up a tissue paper manufacturing unit. Tissue paper machines cost below Rs. 5 lakhs. There is a huge scope for growth in this business. This is one of the best small manufacturing business ideas to start with low investment.
6) Jute Sack Manufacturing – Jute sacks are used for packing different types of grains. For this business you need two simple machines – one for cutting and one for sewing and with the help of two or three jobs you can easily start your business. This is a very low investment business.
7) Bottled Drinking Water – Bottled drinking water is in high demand in both commercial and residential areas. Due to the increasing hygiene concern of the people, its demand has further increased. You can package drinking water in different sizes, such as half liter, 1 liter bottles or 10 or 20 liter cans.
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8) Designer Candle Making – Designer scented and colored candles are in demand throughout the year and especially during the festive season. They are widely used as decorations in homes, birthday parties and weddings, restaurants, hotels etc. Candles are produced with the help of machines and the price is also not much. Starting with low investment is a good small business creation idea.
9) Production of Mobile Phone Cases – The tremendous increase in the use of mobile phones has created the need for mobile phone cases that protect the mobile phone from scratches or breakage. It is a very profitable business. The cost of manufacturing 1 single plastic case is Rs. 30 and selling price Rs. 150.
10) Towel Manufacturing – You can start towel manufacturing. They are always in demand in homes or hotels. Production cost depends on the machinery and raw materials used in production. Generally his small business can be established between Rs. 5 to 7 million.
11) Health and Fitness Center – Staying fit is our daily need. People spend a fair amount of money to maintain good health. This is the reason; It became such a profitable business. Initially, you can start the center with a few types of machines and as the business grows, you can bring in more.
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12) Spa Treatment – Spa is an excellent means of mental and physical relaxation. Spa treatments include body treatments, facial massages, aromatherapy, hydrotherapy, manicures, pedicures, etc. This is the best deal to start under 10 lakhs. You need to provide good and calm environment and soothing environment for this business.
13) Ballpoint pen manufacturing – Ballpoint pen cost Rs. varies between 5 to 10 in the market, so imagine how low its production costs would be. It is a small scale industry that requires very little investment and production is on a large scale. Use only quality ink and build the reputation you want. Design and appearance are also very important in this business. This is one of the best small manufacturing business ideas under 10 million rupees.
14) Production of Soaps and Detergents – Soaps and detergents can be easily manufactured with the help of man and machine. These are common items used in every home, so the demand is constant. Nowadays, herbal soaps and detergents are preferred over synthetic soaps. So make a good organic formula and get good profit from it.
15) Making toys – There are lots of toys available from which you can choose plastic, wooden or plush toys. Make it a full range. Toy making is an art. You can use your creativity to create variety. The investment depends on the type of toy you choose. One of the best small business creation ideas to start for high profits. This can be the best business to start with an investment of 15 lakhs
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16) Manufacture of crackers – Crackers are in high demand during festivals and weddings. Bright and colorful cookies are essential to celebrate. This industry has very good margins, while the raw materials are very cheap.
17) Women’s Accessories – Accessories like earrings, necklaces, bracelets are among the favorite things of every woman. There is a wide range of designs like stone work, beadwork, silk thread etc. It should be emphasized that the raw material should be good and the design should be unique. Use your creativity and come up with the best jewelry designs to take your business to successful heights.
18) Protective Packaging Materials – With the launch of e-commerce, the demand for protective packaging materials like foam, thermocol, bubble wrap has increased significantly. Their manufacturing process is very simple and the investment is around Rs. 10 lakhs.
19) Environmental Waste Disposal – Due to the harmful effects of plastic disposal, the demand for environmental disposal has increased. They are in high demand at weddings, parties, mobile food trucks, tea stalls etc. You can easily start an eco-waste generating business. The investment in this small scale manufacturing business is around Rs. 5-7 million.
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20) Garment Manufacturing Unit – Due to growing fashion trends, garments are in highest demand and remain so. You can set up a garment manufacturing unit with an initial investment of Rs. 8 to 10 million.
Conclusion: It is not mandatory to start a business only with large capital. In initial stage, start with small capital, nurture it with hard work and determination and then you can expand it.
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