They claim it’s not about business ideas when it comes to starting a business. It’s all about putting business ideas into action. However, before joining the hustle, wannabe startups usually deal with investments and ideas.
You may have a lot of business ideas in your head. There are times when they aren’t well-direct and you need to change your plans. Most budding entrepreneurs struggle to strike a balance at this time.
Starting a business requires a lot of commitment and self-assurance, but you must be extremely clear about your company concept before diving into the world of entrepreneurship.
List of Small Manufacturing Business Ideas
1. Handmade candles
Candles are always in demand, which makes this a very profitable business opportunity. Candles have been used for cultural and decorative purposes for centuries. During festivals, there is a lot of demand. Aside from that, scented and therapeutic candles are very popular these days, and many restaurants, houses, and hotels use them to create an atmosphere.
A candle-making business can be launch from home for a little investment of Rs 20,000-Rs 30,000.
In addition to the fundamental raw materials, you’ll need some candle-making tools. There’s a melting pot, a thermometer, a pour pot, a weighing scale, a hammer, and an oven (to melt wax).
Pickles are a traditional Indian cuisine item that is very popular. In every Indian household, there is at least one type of pickle. As a result, if you’re looking to start small, a pickle business is a safe and simple choice.
Indian pickles are in high demand all throughout the world, not only in India
With a minor investment of Rs 20,000-Rs 25,000, you can start this business from the comfort of your own home.
3. Designer lace
Lace is often utilized in clothing and craftwork. It is a traditional form of business and can easily be start at home.
With rising fashion trends, the demand for various kinds of laces has increased. Lace is also export to a variety of nations, making it a viable alternative for those looking to start small.
This business can be started with a small investment of Rs 25,000-Rs 50,000.
4. Homemade chocolates
In terms of chocolate consumption, India stands at the top of the list. Chocolate, whether sweet or bitter, is a mood booster and stress reliever. According to research chocolate candy sales in retail markets in India increased by 13% between 2015 and 2016. As a result, if you want to establish a business but don’t know what to do, chocolate manufacture could be a big incentive.
To begin, you must create a product line. To purchase raw ingredients and packaging, an estimated capital of Rs 40,000-Rs 50,000 will be required. However, if you want to use a piece of machinery on a larger scale, the cost may be in the range of Rs 2 lakh to Rs 3 lakh. Your volume output will increase.
Mixing, cooking, and cooling equipment will make volume production easier. Choose equipment that is appropriate for the size of your organization.
Noodles, particularly instant varieties, are a popular snack in both rural and urban markets in India. The noodle-making process is simple, using only the most basic ingredients, such as wheat flour, salt, sugar, starch, spices, and vegetable oils.
Noodle-making machines come in semi-automated and fully automatic configurations. Noodles form by mixing flour, starch, and sodium bicarbonate together. Then put the dough through a machine. After being cut into the proper shape and size, the noodles are dried and packaged.
Noodle-making machines with a low capacity cost around Rs 40,000, while premium models cost upwards of Rs 1.5 lakh.
6. Jute bags
The use of this biodegradable and reusable “golden fiber” is steadily rising. A jute bag manufacturing firm 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 use for a variety of purposes.
This business requires a minimal capital investment of between Rs 50,000 and Rs 1 lakh to get started. You can start with a tiny area of 500 square feet.
7. Paper Making
Making paper is a low-cost business venture. Paper used in almost every situation. Paper use everywhere, from schools and colleges to businesses and large corporations. This corresponds to an insatiable need for this commodity, despite the fact that the world is becoming increasingly digital. The paper-making sector has a lot of room for growth, from A2, A3, and A4 sheets to little copies. However, you must choose your manufacturing location carefully to avoid incurring large transportation costs.
To start the firm, you’ll need between Rs 2 lakh to Rs 2.5 lakh to set up the machinery and purchase the raw materials.
8. Handmade soaps
Making paper is a low-cost business venture. Paper is used in almost every situation. Paper is used everywhere, from schools and colleges to businesses and large corporations. This corresponds to an insatiable need for this commodity, despite the fact that the world is becoming increasingly digital.
The paper-making sector has a lot of room for growth, from A2, A3, and A4 sheets to little copies. However, you must choose your manufacturing location carefully to avoid incurring large transportation costs. To start the firm, you’ll need between Rs 2 lakh to Rs 2.5 lakh to set up the machinery and purchase the raw materials.
9. Bread Making
For most families, bread is one of their favorite breakfast foods. Bread, as well as bakery items, are in high demand. Basic bread-making machines, as well as semi-automated and completely automated devices, can be used in the manufacturing process.
Around Rs 3 lakhs is spent on an automatic bread maker (500 kgs per day output).
Depending on the machine, you’ll need anything from Rs 50,000 to Rs 5 lakhs in the capital.
This is one of India’s most sustainable manufacturing business ideas.
10. Honey processing
Nowadays, everyone is concerned about their health. Organic honey is a popular choice among consumers. You can establish a honey processing business to make good money if you have the necessary resources.
Before you start your business, you’ll need to learn about the honey products industry, beekeeping, and the stages involved in honey processing. While the basic stages are obtaining raw honey, preparing it, and packaging it for sale, you’ll also require equipment such as heating/filtering/storage tanks, gravity clarifiers, honey filters, extractors, bottling and sealing machines, and so on.
To begin, you may require manufacturing costs as low as Rs 50,000. If you want to use a honey processing machine, it will set you back around 1lakh.