Introduction:
Choosing a good manufacturing business idea with less than 1 lakh in 2022 is the main key to acquiring success in your small business. There is no better moment than now if your business idea only requires a small investment. Several business ventures may be launched with one lakh and have a worldwide success rate of 100%. Here are 15 business ideas with a success record of 100% and a startup cost of less than one lakh rupees.
Are you seeking low-cost business ideas in India? Do you want to launch your own company with less money? So you should look over this article. Well then, this blog will open your eyes and blow your mind.
Importance of having a business idea:
No work can become successful without an idea that was a kick-start for your work. Just like that, No business has become real in this world without having a business idea in the initial stages.
Having a business idea will prepare you mentally as well as materially to set up all ready for your business to take off. It is like how you will prepare yourself mentally and physically ready before you go for any competitions.
It will help you to pitch your business idea as a proposal to the stakeholders, and customers as well as to the ones who are going to assist you financially.
Business ideas under 1 lakh:
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Handmade candles:
The candle-making business is booming. According to a survey by Vantage Market Research. The worldwide candle sector generated $6.8 billion in revenue alone in 2017 and is currently on target to earn $9.9 billion in yearly sales by 2028.
One of the best business ideas that are constantly in demand and a very well-liked business option for those looking to launch with little startup capital is candle-making.
Candles are very much in demand for a variety of reasons, including traditional, religious, and decorative ones. This is especially true during festivals. A candle-making business can be started with as little as Rs 20,000 – Rs 30,000 and in small places, such as your home. You only need some basic supplies and equipment to get started.
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Become a florist:
A skill-based enterprise that is simple to launch and manage. Being a florist is an enjoyment for the heart and the wallet because that profit margin is high.
A florist shop sells flower arrangements, plants, and even gifts. It is one of the few retail stores that you can also open in your home. It will not require a heavy capital investment, to begin with.
There is a wide scope of floral business in India due to the rising demand for flowers. But starting and operating a profitable florist shop is tough. And many people are not fully prepared for that reality. It’s entirely up to you how artistically you arrange them.
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Start a baking business:
A small business idea that developed during the lockdown was baking.
If you are an excellent baker, you may start by taking small orders for bread, pound cakes, cookies, brownies, etc.
You can accept requests to bake cakes for events and parties as your business expands. The only high upfront cost to start this business would be a helpful oven and baking ingredients.
An important one creates your plan and lets us help you launch your business on OrderZ.in to double your profits.
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Food truck business:
A food truck is a large vehicle with a kitchen to make and serve food. They are popping up worldwide and becoming increasingly popular. Many entrepreneurs opt for a food truck because purchasing a restaurant location is very expensive, while food trucks are much more affordable.
Every owner of a food truck should prepare and keep an updated business plan. When you decide to launch a food truck business, this should be the first step you do. This document is crucial to attracting new investors and starting your business. Our website OrderZ can help you create your online store.
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Start a juice shop:
People enjoy juices in all types of weather because they are always refreshing. While they are more hydrating in the summer, they also offer sufficient levels of vitamins and minerals that can strengthen immunity in the winter. Juice-related businesses can be very interesting to launch. With this startup, you gain lots of benefits. The setup has a very low investment.
Considering that the only raw material is fresh fruit, opening a juice shop can be very successful. Purchase some high-quality blenders, sweeteners, and juice glasses.
Juice delivery services are another choice, but in that case, you’ll need to buy disposable, spill-proof containers for the juice.
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Disposable plates and cups
A disposable plates and cups business involves manufacturing plates that were made out of paper for serving food. They were considered an economical alternative to plastic plates.
Without disposable food-grade plates and cups, there can be no events, picnics, weddings, etc. They are frequently used by hawkers and street sellers. Disposable food-grade plates and cups have a growing market due to their low cost and increasing demand. They are often the first choice and require an investment of just Rs.50,000 to start this business. A lot of the money will go toward buying machines for the manufacture of disposable plates.
The one factor for making a successful disposable food-grade plates and cups business depends on how well you are marketing them. To be frank, without marketing you cannot expect good profit. OrderZ.in is the best choice to build your business platform.
You need to supply your disposable food-grade plates and cups to a large network of shops, canteens, hotels, and other events to expect a good return on investment.
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Tailoring business:
Tailoring and sewing have been traditionally popular business ideas for women. It is an essential service. However, profit from tailoring is highly dependent on many factors, especially brand quality.
If we have some handicrafts, we will be useful in any town we go to.
Tailoring does not require a separate space. You can do this business from your home.
Diwali, Christmas, Ramzan, and many more special days can earn better than normal days. If you do a tailoring business you will not lose any time. Those who know sewing, start a sewing business. Those who don’t know how to tailor, learn to tailor and start a business and progress in life.
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Pickles:
Making pickles is another traditional business concept that is very well-liked in India. Therefore, a pickle business is a simple and secure solution if you wish to launch with little capital. Indian pickles are in considerable demand outside of just the domestic Indian market. An initial investment of Rs.20,000 is sufficient to launch the firm, and with your creative ideas, you can grow it significantly in the future.
Pickle or achar business, there is a huge market for it and you can kick start the business with minimum expenses. You can start the business from your home, or you can arrange for a dedicated manufacturing unit.
You need to build a website and create a social media account to increase your reach. If you are doing something worldwide. You need to build a website and create an e-commerce store to increase your reach. If you are doing an online sale, then use OrderZ.in will suffice.
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Organic soap:
Products that are made of natural ingredients are referred to as organic soap.
This market for organic soap was worth a staggering $222.3 million in the year 2018 and contributed to. Because soap is made using an organic process, it benefits the skin and helps to create a healthy environment. Soap also gives skin the benefits of natural ingredients, oils, and fragrances.
Also, the large availability of natural ingredients required in organic soap like saffron, green tea, neem, etc.
Many consumers shop and seek information online, even if they eventually buy products in person. If you want to succeed in the soap-making business, be prepared to market your products online. OrderZ.in creates your online store and also promotes your product.
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Handmade chocolate:
Chocolate is made from cocoa beans, turning into a tasty treat to satisfy our taste buds.
India is at the top of the consumption list. According to Mintel, between 2015 and 2016, the sale of chocolate confections in retail markets increased by 13% in India. To buy the raw materials and packaging supplies, an approximate investment of Rs.40,000 – Rs.50,000 is required. However, if you want to start it bigger, the price may increase almost to Rs.2 – Rs. 3 lahks.
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Noodles:
To make noodles, wheat flour, spices, salt, starch, sugar, vegetable oils and other basic ingredients are required. There are fully automatic and semi-automatic noodle makers in the market.
Making noodles is not a difficult process and there is always a steady need for noodles. Since the noodles are cut into other shapes and sizes, the way the noodles are prepared can be varied to appeal to buyers.
A low capacity noodle maker costs around Rs. 40,000, while the higher-priced models cost around Rs. 1.5 lakh.
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Tempered glass for smartphones:
While the global smartphone need is small, India’s smartphone need is growing. International Data Corporation (IDC) counts that 32 million units were shipped to the Indian market in 2019.
Tempered glass is one of the many smartphone accessories in high need; It is manufactured using high temperature tools and must pass tests including breaking, hardness and dimensional tests.
The cost of setting up a tempered glass manufacturing firm is about Rs. 75,000 and the higher total Rs.1.5 lakh. Tempered glass is one of the basic parts for smartphones.
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Ice Cream Cone
Ice cream is a favourite of all ages and is now the most consumed dessert. Ice cream cone needs are growing as a result of rising ice cream consumption.
Starting a modest ice cream cone manufacturing business is therefore the ideal course of action. Additionally, this idea may prove to be a successful business decision, and you may launch this enterprise with an investment of between Rs. 1 lakh and Rs. 1.5 lakh.
However, you can use high-capacity tools in your growing stage to run the same solid on a greater scale.
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Event management services:
In these busy times, one of the growing industries is event management services. All you need to start this business is to maintain a good relationship with people who can help you in planning the event.
For example, if you have to plan a wedding, you need to have a good relationship with the chefs, decorators, DJs and other people who will help you plan everything.
By planning parties, you can pay for event handling fees, hiring photographers, catering, and decorating the event.
It is enough to start this business with a small office space and loyal contacts to manage the necessary formats for the event. That way it is easy to start this type of firm within 50 thousand to 1 lakh investment
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Coconut hair oil:
Nowadays, people are very careful when using oil and most of them prefer natural products. And when it comes to their health and form, they have no qualms about spending more on high-quality natural products.
Making coconut hair oil is a small business with a lowest initial cost of around Rs. Start with 1 lakh.
And there you go, 15 fantastic business ideas that take less than INR 1,00,000/- to set up.
Apart from the above business ventures which are started with just one lakh and have a 100% success record, the following ventures can also be started with less capital.
There are many business ideas that you can start with an investment of less than 1 lakh rupees. Here are a few ideas, along with the initial investment and potential profit:
| Business Idea | Initial Investment | Potential Profit |
| Event Planning | 50,000 – 100,000 | 200,000 – 500,000 |
| Freelance Writing | 20,000 – 50,000 | 100,000 – 200,000 |
| Tutoring | 10,000 – 20,000 | 50,000 – 100,000 |
| Virtual Assistant | 10,000 – 20,000 | 50,000 – 100,000 |
| Photography | 50,000 – 100,000 | 200,000 – 500,000 |
| Web Design | 20,000 – 50,000 | 100,000 – 200,000 |
| Graphic Design | 20,000 – 50,000 | 100,000 – 200,000 |
| Copywriting | 20,000 – 50,000 | 100,000 – 200,000 |
| Social Media Marketing | 20,000 – 50,000 | 100,000 – 200,000 |
This business is also among the finest choices for those looking to launch a business with little capital cost, and it has an excellent track record of profitability. Our e-commerce platform OrderZ will help sell your chocolates online. 15 business ideas can be set up for less than 1,00,000/-.
Conclusion:
All of these ideas might not be suitable for everyone. One needs to choose a business idea based on what they are passionate about. Whether you can spend full-time or part-time. These factors can help you to determine the best small business idea suitable for you.
E-commerce has made it easy for people to set up their businesses easily and lower investments too. If you have closed in on a business idea and arranged for all the basic requirements to start the business, all you need to do is to set up your online store on an e-commerce platform.
If you have chosen to start your online store on OrderZ, you have made the right decision!
