Many people want to make their own products and sell them in the market. But it is not easy all the time, because the manufacturing business takes a lot of investment. Not everyone can make that much investment, so today I will say manufacturing business that you can start in 5 lakhs. So read this article completely, and begin by choosing 1 of the 15 Business Ideas Under 5 lakhs.
If your budget is under 1 lakh here’s the solution- 15 Manufacturing Business Ideas Under 1 lakh.
Manufacturing Business Ideas Under 5 Lakhs
Agarbatti Manufacturing
There is a lot of demand for agarbatti in Indian and global markets. Agarbattis are used in spreading aroma and religious aspects. Raw material and machinery investment to start the agarbatti business will be 1 lakh rupees. It’s a high-demand manufacturing business under 5 lakhs in India.
Teddy ManufacturingÂ
Many babies or females buy teddies, and it is a demanding business. To start Teddy’s manufacturing business investment will be required 4 to 5 lakh rupees.
Candle Manufacturing
Candles are used for everything from religion to decoration and birthdays. Its demand is tremendous in Indian and global markets. The candle manufacturing business is profitable. It will require an investment of Rs 1 to 1.5 lakh rupees.
Cotton Buds Manufacturing
A cotton bud is used for cleaning ears and applying for medicine on the internal sides and in various places. The market demand for cotton buds is very high. If you want to start cotton bud manufacturing, you will need an investment of 50 to 70 thousand, cotton buds you can sell through a distributor.
Scrubber Pad Manufacturing
A Scrubber pad comes in handy to clean utensils and plats. Scrubber pad manufacturing is a highly demanding business idea. An investment of 2 lakh rupees is required to start a scabbard pad manufacturing business.
Steel Pads Manufacturing
Steel pads come in handy to clean utensils, plats, and especially dirty utensils. The steel pad manufacturing business is profitable. 4.5 to 5 lakh investment will be required to start a steel pad manufacturing business. Steel pad’s manufacturing business best manufacturing business under 5 lakh.
File Manufacturing
File where various papers are kept, and its demand is high in the market for being waterproof. So by manufacturing files, you will benefit. The investment to start a file manufacturing business will be 5 to 5.5 lakh rupees. It’s a high-profitable manufacturing business under 5 lakh.
Cricket Bat Manufacturing
The market demand for cricket bats is huge. And this is a child and teenager and youth-targeted business idea. To do this business, expert bat makers should be hired, and they will provide wood and tools. You can put your own brand logo on it and sell it in the market. It will require an investment of 2 to 3 lakh rupees. Bat manufacturing business under 5 lakhs is a highly profitable business.
Mask Manufacturing
Even after the reduction of covid, the demand for masks remains. And its demand will increase with the population. So you can manufacture different types of masks. To start the manufacturing business 1 lakh should be invested.
Sweater Manufacturing
The sweater manufacturing business is a highly profitable business for winter. Starting a sweater manufacturing business requires an investment of Rs 1.5 to 2 lakhs in machinery and raw materials.
Turmeric Spice Manufacturing
Turmeric spice is in demand for cooking and Indian weddings. By manufacturing turmeric, you can sell to retail or distributor. 1.2 lakh investment will be required, to start a turmeric-making business.
Potato Chips Manufacturing
Potato chips are in demand among kids and adults. So to start this potato chips business investment will be 4 to 4.5 lakh rupees. It’s the best manufacturing business under 5 lakhs.
Paper Cups Manufacturing-
The demand for disposable cups and paper cups is increasing with plastic bands. An investment of 1.5 lakh rupees is required to start a paper cup manufacturing business.
Non-woven bags Manufacturing-
Now non-woven bags are being used instead of plastic bags. This is a future business idea. An investment of Rs 1.2 lakh is required to start a nonwoven manufacturing business.
Papad Making-
Many Indians eat papad after lunch and dinner. It takes 30 thousand investment to start a papad manufacturing business. Papad making the best manufacturing business under 5 lakhs in India.
Conclusion-
India needs more manufacturing businesses. Start early If you want to be successful, and the Indian govt also helps by providing loans without security. You can apply from PMEGP.