Top Low Investment Businesses in India

It's not like all manufacturing companies require a lot of money. Many enterprises may be launched with little money and turn a profit. Making ideas a reality is the essence of starting a business. However, before joining the hustle, wannabe start-ups frequently struggle with investments and ideas. One may have a lot of ideas in their head, however, there are instances when they aren't well-directed and you need to change your plans. Most budding entrepreneurs struggle to strike a balance at this time. Setting up a business requires a lot of commitment and self-assurance, but you must be extremely clear regarding the business concept before diving into the world of entrepreneurship. To help you get started, we've put together a list of 20 successful manufacturing company ideas which you can begin with as little as Rs 20,000.

Cotton Buds

Customers' increasing per capita spending, increased hygiene awareness, and population increase is all driving the cotton bud industry. This raw material is subsequently fed into automated cotton bud plants, most of which also package the finished products. The machines may be customized to meet the entrepreneur's quality and production needs. Any cotton buds manufacturing firm may be launched with a Rs 20,000-Rs 40,000 expenditure.

Handmade candles

Candles are often in need, thus making this a very lucrative business opportunity. Candles are traditionally used for religious and decorative purposes. Throughout festivals, there is a lot of demand. Aside from that, perfumed and medicinal candles are in high demand these days, with many eateries, homes, as well as hotels utilizing them to create ambiance. With a cheap investment, you can be a successful candle manufacturer. Thread, wick, wax, moulds, as well as other things, are used to set up your business. You'll also need some candle-making equipment in addition to the basic raw components. A pour pot, weighing scale, hammer, thermometer, melting pot, and oven are all included (to melt wax). The products you make could be making scented candles, Pillar candles, Start Candle, dinner candles, Decorative Candles, Votive candles, birthday candles, Soy candles, tea light candles, and many more.

Pickles

Pickles are a typical Indian cuisine item that is quite popular. In every Indian family, there is at least one type of pickle. As a result, if you're looking to start modest, a pickle company is a safe and simple choice. Indian pickles are in high demand throughout the world, not only in India. With a minor investment of Rs 20,000-Rs 25,000, you may start this company from the comfort of your own home.

Coconut Hair Oil

People have been more cognizant of the usage of natural goods in recent years. Whenever it came to health and beauty, many people are willing to spend a premium on high-quality items. The company costs will mostly include machinery setup. You can begin by dealing with manufacturers, leasing out a small piece of farmland, or collaborating with local farmers.

Incense Sticks

Several families in India use agarbattis, while their appeal and consumption rose by miles. The initial stage in small-scale agarbattis manufacture is to purchase wooden sticks and oils with scents like champa, jasmine, rose, sandalwood, and others from the market. The oils are applied to the sticks and then dried. The sticks are ready to sell at local marketplaces once they have been packaged and labeled.

Buttons

Buttons are among the most important garment decorations, and they have large market potential. There are different categories in this area that you may choose from, ranging from plastic to cloth and steel buttons, based on industry. With a minimum expenditure of Rs 30,000-Rs 40,000, you may either hire a place or start from home.

Designer Lace

Lace is often utilized in clothing and craft projects. It is a conventional type of company that may be launched from the comfort of one's own home. The availability of various types of laces has risen as a result of new fashion trends. Lace is also exported to a variety of nations, making it a viable alternative for individuals looking to start small. After deciding on the scope of operations, laces can be created manually, using bobby machines, or with fully computerized machines. This company may be started with a small investment of Rs 25,000-50,000.

Shoe Laces

Following China, India is the world's next largest footwear production. Sporting, formal, informal, and other shoe types may be found in the country's shoe manufacturing. Shoelaces are also in high demand, and making them has proven to be a profitable small business venture. Woven a band and fixing the aglet is how shoelaces are made. The woven band is commonly composed of cotton, polypropylene, polyester, nylon, or other similar materials, whereas the aglet is usually made of plastic. Shoelace braid equipment, in addition to lace and aglet material, are necessary. These can weave many metres of lace every minute, whereupon the aglet may be attached to the weaved band with acetone.

Ice Cream Cones

Everybody craves ice cream, which is one of the world's most common treats. The market for ice cream cones has increased with the increase in ice cream sales. As a result, if you're looking to start modest, this idea might be a good match. With an investment of Rs 1-1.5 lakh, you may establish an ice cream cone production plant in a tiny location. However, if you wish to operate on a bigger scale with high-capacity gear, the initial investment would be more.

Handmade Chocolates

In terms of chocolate consumption, India stands at the top of the list. Chocolate, whether sweet as well as bitter, is a confidence booster and stress reliever. As per Mintel, chocolate candy sales in commercial marketplaces in India increased by 13% from 2015 - to 2016. As a result, if you want to set up a business but don't know what to do, chocolate manufacturing might be a lucrative possibility. To begin, you must create a product line. Now if one wants to use a piece of gear on a bigger scale, the price may be in the range of Rs 2 lakh to Rs 3 lakh. Mixing, frying, and chilling equipment will make bulk manufacturing easier. Choose equipment that is appropriate for the size of your organization.

Papad

These food items are a necessity at a lot of gatherings, festivals, and celebrations; thus, demand is constantly strong. When basic components like flour, oil, spices, and wheat are available, the production procedure is quite easy. The large-scale papad production sector is fiercely competitive, but individuals may get started selling to local department shops for as little as Rs 30,000-Rs 40,000. To set themselves apart from the competition, entrepreneurs might experiment with flours manufactured of rice, tapioca, chickpeas, lentils, and other ingredients.

Noodles

Noodles, particularly quick varieties, are a popular food in all markets in India. The noodle-making procedure is straightforward, using just basic materials including starch, salt, seasonings, vegetable oils, wheat flour, and sugar. Noodle-making devices are capable in both semi-automated and completely automatic versions. Noodles are made by combining flour, starches, & baking soda, kneading the dough, and afterward running it via a machine. These noodles are dried and packed after being cut into the correct form and structure.

Disposable Plates and Cups

In India, food plastic plates and mugs are widely utilized at events, parties, picnics, and other gatherings. Street merchants and hawkers also make extensive use of them. The market has developed since they are extensively utilized and have been economical to produce for a long period. They're mainly constructed of paper, which has replaced plastic, steel, and glass as popular materials. Paper may be purchased at a minimal cost from local scrap stores to manufacturing paper plates and cups. The majority of the money will be spent on machines for making throwaway plates.

Jute Bags

The usage of this reusable and biodegradable "golden fibre" is growing by the day. A jute bag-making company is a smart idea now that the world is moving toward banning plastic. The procedure of producing a jute bag is straightforward. Bags come in a variety of styles and may be used for a variety of reasons. This business requires a minimal investment capital of between Rs 50,000-1 lakh to get started. You can start with a tiny area of 500 square feet.

FAQs: Low Investment Businesses

Q. What kind of company can I start that will pay me daily?

Ans. Everyone must eat, and they must eat frequently. As a result, a food company (whether it's a full-fledged restaurant, a food truck, a street food seller, or even a meal delivery service) may be a terrific source of daily revenue.

Q. Which side company is the most profitable?

Ans. Composing, proofreading, web design, editing, interpreting, graphic design, and illustrating are all just a few examples of in-demand creative activities that adapt themselves well to hourly or agency work as a side company.

Q. Is it lucrative to make candles?

Ans. Candle-making may be a highly successful company if properly planned and executed with a solid marketing strategy. Being a candle manufacturer is not very expensive. In addition, the profit margin has increased more than that of many other consumer goods. Selling candles may easily yield a profit of more than 30%. You could be selling Start Candle, scented candles, tea light candles, birthday candles, etc., and make a profit from it.