Not all manufacturing businesses need heavy capital. Aspiring originators often find themselves fighting – with investments and plans – before they follow the hustle.
Here’s a list of 20 small business concepts you can work on with cheap investment. Starting a vocation, they say, is not about concepts. It’s about making ideas spring.
1. Handmade Candles
Candles, as a traditional demand, comes from religious and decoration purposes. During festivals, the market is exceptionally high. The need for scented and therapeutic candles is also rising, with many restaurants, households, and hotels using them to create an ambiance.
Investment: Rs 20,000-Rs 30,000
Raw Materials: Wax, Wick, Aroma Oils, Molds, Thread
Equipment: Melting Pot, Weighing Scale, Thermometer, Pour Pot, Hammer, Oven To Melt.
Pickles are a popular food item in India and are extremely popular. Indian pickles are significantly in demand abroad.
Investment: Rs 20,000-Rs 25,000
Raw Materials: Fruits & Vegetables, Oil, Spices
Equipment: Pots, Jars
3. Incense Sticks (Agarbatti)
India’s agarbatti or incense sticks market is growing due to significant demand in the country and overseas.
Agarbattis are used in every Indian household, and demand picks up during the festive season.
Investment: Rs 50,000
Raw Materials: Bamboo Sticks, Essential Oils with Fragrances Like Sandalwood, Jasmine, Rose, Champa
Equipment: Automatic & Semi-Automatic Agarbatti-Making Machines
Buttons are one of the essential trimmings used in the garment industry and have huge market potential. There are various divisions in this niche that you can select depending upon your business choice, from plastic to fabric and steel buttons.
Investment: Rs 50,000
Raw Materials: Plastic & Steel Nuggets
Equipment: Automatic & Semi-Automatic Button-Making Machines
5. Designer Lace
Lace is generally used in garments and for craftwork. It is an inherited form of business and can quickly be started at home. With rising fashion trends, the need for different kinds of laces has increased.
Investment: Rs 25,000-Rs 50,000.
Raw Materials: Threads
Equipment: Bobby Machines, Fully Computerised Machines
India is the second-largest yielder of footwear after China. The country manufactures’ shoes can be segregated into categories like sports, formal, casual, and others.
Investment: Rs 25,000
Raw Materials: Cotton Threads, Polyester Threads, Nylon Threads, Polypropylene Threads, Plastic
Equipment: Shoe Lace Braiding Machines
7. Ice Cream Cones
Everyone screams for ice cream, which is one of the most popular desserts today. The growing consumption of ice cream has led to a surge in demand for ice cream cones.
Investment: Rs 1 Lakh – Rs 1.5 Lakh
Raw Materials: Flour, Edible Oil
Equipment: Ice Cream Cone Manufacturing Unit
8. Handmade Chocolates
When it gets to chocolate consumption, India is at the peak of the chart. Be it sweet or bitter, and chocolate is a mood lifter and stress buster.
Investment: Rs 40,000-Rs 50,000
Raw Materials: Packaging
Equipment: Automatic Or Semi-Automatic Chocolate Fountain, Mixer
9. Cotton Buds
The cotton buds business is being done by growing per capita expenditure of consumers, increasing awareness of hygiene, rising population, etc.
Investment: Rs 20,000-Rs 40,000.
Raw Materials: Spindle/Stick, Absorbent Material (Cotton), Packaging
Equipment: Automatic Cotton Bud-Making Machines
The crispy food – fried or roasted – is a traditional accompaniment to most feeds across India. Papads are necessary at several occasions, parties, celebrations, and events, which means demand is always high.
Investment: Rs 30,000-Rs 40,000
Raw Materials: Flours Made of Lentils, Chickpeas, Rice, Tapioca, Wheat Flour, Spices, Oil
Equipment: Wooden Boards, Baskets, Rolling Pin
Noodles are a favorite snack in India across rural and urban stores. The noodle production process is simple and requires essential ingredients.
Investment: Rs. 40,000 – Rs 1.5 Lakh
Raw Materials: Wheat Flour, Salt, Sugar, Starch, Spices, Sodium Bicarbonate, Vegetable Oils
Equipment: Semi-Automatic Or Fully Automatic Noodle-Making Machines
12. Disposable Plates & Cups
Disposable food-grade cups and plates are used extensively in India during events by vendors, functions, picnics, etc., as they are widely used and have been inexpensive to make.
Investment: Rs 50,000
Raw Materials: Chemical & Plastic Palettes
Equipment: Disposable Plate-Making Machines.
13. Jute Bags
The use of biodegradable and reusable golden fiber is increasing by the day. A jute bag-making business is a good option. The jute bag-making process is simple.
Investment: Rs 50,000-Rs 1 lakh
Raw Materials: Jute
Equipment: Bag Making Machine
14. Staple Pins
Staplers are mainly used in government institutions, schools, colleges, offices, and wherever paperwork is involved. Staplers cannot work without stapler pins. Staple pin-making machines that can produce 350 pins/minute.
Investment: Rs 3.5 Lakh
Raw Materials: White Galvanised Iron Wire
Equipment: Automatic Staple Pin-Making Machines
15. Paper Making
Manufacturing paper is a low-cost venture idea. Paper is used universally. From offices and big corporates to schools and colleges, the use of paper is specific. A2, A3, and A4 sheets remain in demand.
Investment: Rs 2 lakh-Rs 2.5 lakh
Raw materials: Wood Pulp
Equipment: Paper Making Machine
16. Organic Soap
Organic soaps are a niche business to tap if you crave to commence with a small business. It is a high-demand commodity used by billions every day.
Investment: Rs 1.5 Lakh – Rs 2 Lakh
Raw Materials: Glycerine, Herbs, Essential Oils
Equipment: Moulds, Microwave
17. Coconut Hair Oil
People these days have become vigilant about the use of original products. Many do not delay paying a premium on excellent products when it comes to beauty and health.
Investment: Rs 1 Lakh
Raw Materials: Coconut, Packaging
Equipment: Coconut Oil Extractor Machine
18. Tempered Glass For Smartphones
Smartphone accessories like the tempered glass is also in significant demand. The tempered glass also has to cross breaking tests, hardness tests, and dimension checks.
Investment: Rs 75,000 – Rs 1.5 Lakh
Raw Materials: Silicon, Additional Protection, Glue
Equipment: Tempered Glass Making Machines
19.Envelopes And Files
There is still a significant demand for paper envelopes and files in schools, colleges, corporates, etc., despite communication going digital.
Investment: Rs 1.5 Lakh To Rs 11 Lakh
Raw Materials: Maplitho Paper, Scrap Paper, Gum, Glue
Equipment: Envelope-Making Machines
Eco-friendly bags and packaging made from paper have become popular. People realize the harmful effects of non-biodegradable plastic bags are to the environment. They are looking forward to eco-friendly bags and packaging.
Investment: Rs 3 lakh
Raw Materials: Hard sheet papers
Equipment: Automatic paper bag-making machines
Entrepreneurs also need to invest in sourcing raw materials such as paper sheets, ink, printing chemicals, tags, etc. Starting a business requires utmost determination and confidence, but you have to be very clear about your business idea before stepping into the entrepreneurial arena.