At this time most people wanted to change their lives by starting a business mode but they didn’t have the right path. But don’t worry guys, today we are collecting very impressive business ideas for you. So we are talking about Manufacturing Business Ideas with a very pocket-free investment. Yes, people can kick start manufacturing business with an investment of just Rs 1 lakh. As you know, the manufacturing business is highly profitable and this business will never shut down in the future. In this blog, we have shared the Best 15 High Profitable Manufacturing Business Ideas Under 1 lakh. Let’s read this article ahead.
Manufacturing Business under Rs 1 Lakh in India
In this section, we have given some basic information about the “Manufacturing Business in India” and how it will help you to grow in this business. The manufacturing business is a kind of enterprise that creates goods by using raw materials or components into finished products. In this business, various kinds of factors are used like design, fabrication, assembly, and quality control. The volume and complexity of manufacturing businesses can differ greatly; they might be as small as neighborhood workshops or as huge as international conglomerates.
It might be difficult to launch a manufacturing business on Just Rs 1 lakh budget, but there are a few options you can think about. Remember that a business’s potential to succeed is dependent on several elements, such as market demand, competition, and your capacity to lead and expand the enterprise. These are 15 manufacturing company ideas that may be launched with less than one lakh and have the potential to be profitable. Check the below section for more details about the highly profitable manufacturing businesses with low investment and start your journey.
15 High-profitable Manufacturing Business Ideas Under 1 lakh
In this section, we have picked the Top 15 High-profitable Manufacturing Business Ideas that you can start with a low investment of Just Rs 1 Lakh onwards. We hope these manufacturing business ideas will be profitable for you. Below check the Business name with Essentials and target marketing strategies to grow your business.
1. Candle Making
Candles are a popular way for people to unwind, create a mood, or even mask odors. A candle company may be the ideal side gig if you’re an expert at making scent profiles or just starting. Purchasing in bulk can result in cheaper prices for the components needed to produce candles, and the method of production is not too complicated:-
| Essentials | Wax, molds, fragrance oils, and basic equipment. |
| Target Market | Home decor, events, religious ceremonies. |
| Profit Margin | 25 to 40% |
2. Soap Making
A necessary and fast-moving consumer item (FMCG) that is used daily by billions of people is soap. There are three main categories within the soap industry; laundry, veterinary, and personal usage. significant consumer goods corporations dominate the personal care soap market, whereas a small number of significant competitors control the laundry and veterinary usage segments:-
| Essentials | Ingredients (oils, lye), molds, and packaging. |
| Target Market | Skincare, gift items. |
| Profit Margin | 20 to 30% |
3. Paper Plate and Cup Manufacturing
We prefer paper plates to plastic ones because there is a greater awareness of the environment. The paper plate industry is expanding rapidly as a result of the industry’s recent surge in popularity. It’s not that difficult to establish a paper plate business if you’re wondering how to do it. Let’s check the details below:-
| Essentials | Raw materials (paper rolls, chemicals), machines. |
| Target Market | Events, parties, food service. |
| Profit Margin | 25 to 35% |
4. Incense Stick (Agarbatti) Manufacturing
Making agarbatti is undoubtedly one of the most profitable ventures in the Small Scale Industry (SSI). In rural locations, in particular, this company may be launched with minimal raw materials and with very little capital. Since ancient times, agarbattis have been revered as sacred objects that have facilitated and enhanced religious practices like prayer and worship in addition to being used for other reasons like yoga, meditation, and relaxation:-
| Essentials | Raw materials (bamboo sticks, perfumed mix), machines. |
| Target Market | Religious ceremonies, home fragrances. |
| Profit Margin | 15 to 30% |
5. Jewelry Making
There has always been a need for gorgeous jewelry as it has the power to make or destroy an ensemble. This is evident from the value of the worldwide jewelry industry, which was estimated to be worth $230 billion in 2020 and is projected to grow to $292 billion by 2025.
| Essentials | Beads, wires, tools. |
| Target Market | Fashion accessories, gift items. |
| Profit Margin | 30 to 50% |
6. Homemade Chocolate Production
Anybody’s mouth starts to moisten at the mention of “chocolate,” causing excitement and desire. It is, after all, among the nicest things that people can taste. A lot of new businesses that are focused on the chocolate industry are starting to emerge:-
| Essentials | Chocolate ingredients, molds, packaging. |
| Target Market | Gifts, celebrations. |
| Profit Margin | 20 to 25% |
7. Handmade Greeting Cards
Greeting cards are a well-liked product. People want the physical ties that cards offer in the digital age. The market for handcrafted cards is available to designers launching niche businesses. Everything from design to production to sales is covered in this tutorial on how to launch a greeting card company:-
| Essentials | Art supplies, paper, embellishments. |
| Target Market | Special occasions, events. |
| Profit Margin | 15 to 20% |
8. T-shirt Printing
One of the best ways to use your talent and earn money is to sell T-shirts that you have printed with your writing, artwork, or anything else. Every T-shirt you sell might earn you a little profit, so starting a business can be a wonderful way to supplement your income:-
| Essentials | Blank T-shirts, printing equipment. |
| Target Market | Customized apparel, and events. |
| Profit Margin | 20 to 30% |
9. Herbal Hair Oil Production
Since there is such a high demand for oil in India due to our deeply ingrained culture and preference for all things natural, launching an oil company has become quite profitable. There is no limit to how much money you may make in this industry if you can provide your customers with effective, chemical- and toxin-free oils that relieve their problems.
| Essentials | Herbs, oils, packaging. |
| Target Market | Hair care, natural products. |
| Profit Margin | 25 to 40 % |
10. Bamboo and Cane Crafts
Crafts made from bamboo and cane have long been a part of Indian culture. The nation is proud to be the second-largest producer of bamboo in the world, and several states, especially in the Northeast, depend heavily on enterprises made of bamboo for their economic survival.
| Essentials | Raw materials, basic tools. |
| Target Market | Home decor, handicrafts. |
| Profit Margin | 15 to 20% |
11. Papad Making
Speaking of the delicious and enticing food item papad, launching a business in this sector would need less startup cash. Before beginning this firm, there are a lot of things about the papad-making industry that need to be thoroughly investigated.
| Essentials | Raw materials (lentils, spices), drying racks. |
| Target Market | Snacks, traditional cuisine. |
| Profit Margin | 10 to 15% |
12. Terracotta Pottery
| Essentials | Clay, tools, kiln (if needed). |
| Target Market | Home and garden decor. |
| Profit Margin | 10 to 15% |
13. Handmade Soaps and Shampoos
| Essentials | Ingredients, molds, packaging. |
| Target Market | Natural and organic products. |
| Profit Margin | 20 to 30% |
14. Customized Keychain Manufacturing
| Essentials | Materials (wood, acrylic), cutting tools. |
| Target Market | Personalized gifts, and promotional items. |
| Profit Margin | 15 to 25% |
15. Spice Powder Making
| Essentials | Raw materials (spices), grinding equipment. |
| Target Market | Cooking, culinary enthusiasts. |
| Profit Margin | 10 to 20% |
Golden Tips to Set Up Manufacturing Business
It’s hard to carry out in-depth market research, determine your target market, and evaluate the competition before launching any kind of business. Don’t forget to take into account things like distribution routes, marketing plans, and the viability of your selected company concept. Adherence to pertinent legislation and quality standards is vital to guarantee the prosperity and longevity of your manufacturing enterprise.
