Best Manufacturing Business Ideas in India: “No matter what anybody tells you, words and ideas can change the world.” So that is what we bring to you today-a curated list of manufacturing business ideas under 10 lakhs in India to choose and experiment from.
If it’s your first time, deciding which business to start will help.
Types of Industries in the Manufacturing Business
There are two types of industries in the manufacturing business. This industry is divided into two parts based on the raw materials, role, and capital investment in manufacturing businesses. The types of industries in the manufacturing business are as follows:
Types of Manufacturing Businesses Based on Raw Materials
The types of manufacturing businesses based on the raw materials are as follows:
- Agro-Based Manufacturing Industries: Agro-based businesses are those where the raw materials are produced through agriculture. For example, jute, cotton, coffee, tea, rubber, sugar, etc.
- Mineral-Based Manufacturing Business: Those businesses that are manufacturing products that are not produced by agriculture are known as mineral-based manufacturing businesses.” Some of the minerals used in the manufacturing business are steel, iron, copper, gold, etc.
Types of Manufacturing Businesses based on Role
Manufacturing businesses are divided into two types based on their roles, and they are:
- Consumer Industries: Consumer industries are the industries that manufacture the products that are directly used by the customers, such as rubber, sugar, paper plates, etc.
- Key Industries: Key industries are the industries that are supplied to companies to manufacture other products. For example, steel, iron, aluminum smelting, etc.
81 Best Manufacturing Business Ideas in India Under 10 Lakhs to Start in 2023
The 81 most profitable manufacturing businesses to start in India are listed below:
1. Hair Oil Manufacturing Business
With the internet booming with a plethora of information, people have become more aware of their health and have actively started seeking out alternatives to products that damage their bodies. Ayurvedic items such as herbal hair oil have become a must for people seeking to heal their hair. Both men, women and children use it for their personal care, hence, there is a huge demand for it, and starting an Ayurvedic hair oil business in India will only bring you profit.
First and foremost, you need to register your business as you cannot operate with a license. Certain types of machinery will be required to manufacture hair oil. Individuals engaged in this type of business are estimated to make between INR 25000 to INR 50000 on a weekly basis. And a thriving Ayurvedic hair oil new manufacturing business idea with medium investment will require at least a manpower of 5 to 8 employees.
2. Detergent Powder Manufacturing
Since they are a part of the FMCG business, detergent powders are frequently utilised by many people. Detergent Powder has a large market potential because it is a quick-moving product that is frequently used at homes for washing clothes, among other things. The potential for the Detergent Powder manufacturing business idea in india to become a profitable venture is wide. Indian households use a large amount of detergent every month as it is an essential ingredient for the sanitization of their clothes. The production procedure for detergent powder is fairly straightforward, which is the business’s biggest advantage. The first thing you must do when starting your business is to get it registered.
You should narrow down your targets and approach them. Some of the targets would be local shops, supermarkets, distributors, retailers and more. In a medium-sized thriving business, you can make up to 2 lakhs or more per month.
3. Women’s Footwear
Women’s footwear is one of the best production business ideas. The world is evolving and so are the choices. Women are actively seeking home-grown brands and are more than willing to try new and unique styles.
The demand for businesses that manufacture non-leather, cruelty-free, fashionable yet comfortable footwear for women is on the rise. And this is the best time to take the leap.
Here, again, social media marketing proves to be fruitful – you can start with your website/blog/page. Know more from those who are already leveraging the industry – Devika Srimal’s Kanabis, a Delhi-based footwear business and Chondamma Cariappa’s The Sole Sisters.
Interesting story – Chondamma started a Facebook album named ‘Fetish’ where she would post pictures of shoes from various parts of the world that she came across while travelling.
The album turned into a blog, ‘The Sole Sisters’, and the response she received pushed her to start the footwear label.
Articles you may like:
- 11 affordable coworking spaces in Delhi under 5k
- 9 best coworking spaces in Bangalore for individuals & teams
- Why do startups fail? Top 9 reasons & how can entrepreneurs avoid it
- 11 top business books of all time that you can’t miss reading
4. Eco-friendly Cutlery and Kitchen Items
The common denominator in all successful manufacturing businesses under 10 Lakhs in India is that they all make their customers’ lives easy. Eco-friendly cutlery is another growing business that does the same and known as best business under 10 lakh.
It not only saves us from the hassle of maintenance but also is the best possible alternative to plastics.
With our generation becoming more aware and environment-sensitive, there’ll be no dearth of customers in this business. The aesthetic appeal will serve as an added advantage.
For this, you’ll need to invest in cutlery making machines that will cost around INR 50,000. The best example I can think of is Narayana Peesapaty’s Hyderabad-based Bakeys that makes edible cutlery from nutritious food materials.
The company claims the cutlery contains no chemicals, additives, or preservatives. Bakeys claims the products have a long shelf life as they are moisture and fat-free.
5. Environment- Friendly Bags
This category encompasses Jute, canvas cloth, and paper bags that are sustainable alternatives to plastic ones. This is one business that will never fall short of customers because. Well, we are not going to stop using bags anytime soon!
Paper bags and envelopes are in high demand with large supermarkets, pharmacies and other retailers. Its raw material is inexpensive and available in abundance.
The use of biodegradable and reusable “golden fibre” is also at a high. And its manufacturing process is also simple. These kinds of bags serve multiple purposes.
The canvas cloth bags, on the other hand, are used by college-going students which again make them rich in demand. EcoAd is doing a great job in this context.
The paper bag making startup says – “We target the elimination of polyethene from our culture and society. Every day we are getting closer to it. Closer we go more we realise the magnitude of this issue.”
6. Smartphone Accessories
Out of the many manufacturing ideas under 10 Lakhs in India, this one is obvious. With smartphones, we carry our world in our pockets, quite literally.
There’s no if and but about its demand – and the same goes with its accessories. Anyone who uses smartphones will need tempered glass, phone cases/covers, selfie sticks, and other accessories as well.
This makes the business high in terms of profit. Speaking of investment, the low capacity tempered glass making machines cost around Rs 75,000 while high capacity ones cost over Rs 1.5 lakh.
One inspiring story is that of Chirag Demla and Pawan Demla’s CellBell. It’s an eCommerce platform for mobile accessories – Selfie sticks, headphones, cables, screen glass, and covers that started with an initial investment of 7 lakhs.
Recently, CellBell was selected by Amazon as a ‘strategic account’ due to its consistent sales performance and was the single brand account to achieve a sales target of over Rs 12 crore.
7. Personal Care Range
In today’s day and age, people are more than willing to splurge in natural/organic personal care products. The reason is simple – awareness.
The products range from facewash, face creams, lotions to lip balms and scrubs. You can choose a single product or an entire range to start your business. The returns are great and sure to come.
One such home-grown brand is Shabia Walia’s Mumbai-based Wild Earth. It offers natural beauty products free from sulphates and parabens.
Started with a single product, she then went on to launch her own company. It today has 17 categories of products for hair and skincare that recorded an annual turnover of Rs 1.23 crore.
8. Recyclable Apparels
What if I tell you heaps of waste can build you an empire? Well, not an empire, but definitely a start-up. You can recycle waste or used clothes to produce edgy apparels out of it.
Sounds innovative? It is, and start-ups are leveraging it already. A unique idea backed by innovative marketing can turn this business into a goldmine.
One such inspiration is RawPressery, a Mumbai-based food and beverage startup that has started an eco-friendly initiative called RawCycle. “The used beverage bottles are first washed and chopped into flakes.
These are then melted and converted to chips before extruding the same into yarn. The yarn is woven into a fabric, stitched and dyed to make t-shirts,” Raw Pressery told YourStory.
Articles you may like:
- Top 11 coworking space companies in India to look out for
- 11 best online entrepreneurship courses for first-time founders
- 6 proven startup business models that entrepreneurs can learn from
9. Indian Handicraft Items
Thinking of starting a social startup? Here’s an idea! Indian handicraft items are high in demand and bridge the gap between artisans and customers.
You can start this manufacturing business with low investment, and there’s much more than monetary benefits you’ll earn in return.
One such story is that of Ahmedabad-based Gaatha. They use recyclable materials such as bamboo, wood, leather, fibre, and even urban waste to produce clothes, jewelry, paintings, and stationery. The products are crafted by artisans of Gujarat, Rajasthan, Madhya Pradesh, and Kashmir.
10. Handmade Candles
Handmade candles is one of the best manufacturing business examples to start. We are a generation that strongly believes in the power of aesthetics. And that makes handmade candles a high in-demand product.
In recent years, there’s been an inclination towards scented and therapeutic ones – found in restaurants, households, and hotels, spas, and spiritual places. With an initial investment of INR 20,000 to 30,000, you can expect great returns, especially in the festive season.
11. Homemade Chocolates/Cookies
Let’s face the fact – Indian have a sweet tooth! And we are always looking for new and refreshing flavours. If you think you can serve pure delight on a platter, then this manufacturing business is for you.
The best part? It requires an initial investment of less than INR 50,000. Also, you’ll have a wider target market to cater to as this is one product that will tickle the taste buds of children and adults both.
12. Garden Landscaping
There are multiple backyard/ garden landscaping ideas available online. All you need to do is come up with something similar at your place and for which you won’t need to shell out a fortune as well.
For there are a number of flea markets and recycled goods stores present in major cities. You can also upcycle old furniture to come up with mix and match styles of decor. Once you’re done posing across the newly landscaped backyard or garden of yours, just post it online for marketing it across. And don’t go anywhere but your existing social media handles to showcase your work. When you’ve successfully created a buzz around your newly acquired skills, it will be time to cash things in by taking up projects.
13. Pickle-Making
Pickle making is one of the unique manufacturing business ideas to get started with. All you need for kick-starting a pickle business in India is the right workforce. Once you set your hands upon the right people to deliver the utmost, authentic taste, this venture hardly needs any more investment. Pickle making, packaging and delivery has been one of the most underrated manufacturing businesses under 10 Lakhs in India with low starter investment.
14. Dairy Production
Go local is the sentiment echoed by many when it comes to consumption of dairy products in both urban and rural areas. Dairy production does require low capital investment but the legal and compliance framework of this business can be a tough job.
Cattle and feed legal requirements are strict and tasking. Although known as the business for all seasons in India, dairy production can be an exhausting endeavour.
Other than these 14 sought-after manufacturing businesses under 10 Lakhs in India, there are several more to sample from. Dairy production is one of the bets manufacturing opportunities in India.
15. Homemade Ice Cream Production
Homemade ice cream is one of the best small food manufacturing business ideas. Many of you would have heard about Raghunandan Srinivas Kamath, the founder of Naturals Ice Cream. He was initially selling Pav Bajji’s but ended up selling only ice cream after one point of time, noticing how Indians love to end their meals with something sweet.
Taking inspiration from his business, many of the newcomers who would wish to start a business related to food manufacturing can start with ice cream manufacturing. No Indian says no to ice cream unless he/she is allergic to it. When it comes to ice cream, people of all ages love to consume it. So, if you want to start with a home-made or production business ideas in India, starting an ice cream business is the best option.
16. Homemade Jelly
Starting a homemade jelly manufacturing business requires careful planning and research. First, you will need to identify the types of jellies you want to make and source ingredients that meet your standards. You will also need to create a food safety plan, obtain necessary permits, and design labels for your products. Additionally, you will need to consider packaging, marketing and distribution options. Finally, it may also be beneficial to partner with other businesses or organizations to help spread the word about your jellies.
17. Rakhis Made at Home
Starting a rakhi manufacturing business requires research, planning and dedication. You will need to determine the types of rakhi you want to produce, and source the right materials for production. You will also have to create a business plan, and develop a marketing and distribution strategy.
18. Paper Egg Tray Manufacturing Company
In recent years, the egg tray business has been one of the most profitable manufacturing business idea. The egg tray business has seen rapid growth in recent days due to increased consumption of eggs. As more people consume eggs, the demand for egg cartons is also increasing. To start the egg tray business, one needs to set up a pulp molding plant that contains egg tray making machines to manufacture egg trays.
The pulp molded inside the pulp molding plant is nothing more than a material made of waste and recycled papers used to manufacture egg trays. For these, one will have to figure out the place to install egg tray manufacturing machines, depending upon the supply, financial assistance, etc.
19. Envelope and File Production
Envelope manufacturing is one of the best manufacturing business under 10 lakh investment. Paper envelopes are still used daily in offices and schools, even in this advanced tech era. There are different types of enevelope-making machines available on the market. Choose the right machine depending on the monthly production you are planning. Once you are done with the business plan analysis, get going and start manufacturing your paper envelope business.
20. Making Hand-Made Paper & Personalized Gift Wrappers
Who doesn’t love personalised gifts? Handmade customised gifts are one of the most popular and top trending businesses in recent days. If you are looking for a business that has less competition but good profits, then you can go with handmade paper and personalised gift wrappers. Since a lot of people lack creativity and patience , you can be a good player and help people give personalised gifts for their loved ones.
21. Ready-to-Eat Foods
With so many advanced technologies in the world, people are completely dependent on machines. Due to this, most people even stopped cooking and switched to online ordering. However, online ordering has its own set of advantages and disadvantages, such as inaccurate delivery, wrong food delivery, delivery charges, and so on.
Hence, most people are trying to switch to ready-to-eat meals, where they can carry them with them at any point in time and consume them wherever they want. Some of the ready-to-eat meals are cup noodles, salads, cooked meats, smoked fish, desserts, sandwiches, cheese, and other foods that need to be cooked in advance and consumed when they’re cool.
So if you have a better idea here, start manufacturing the ready-to-eat foods.
22. Cosmetic Products
One of the most popular manufacturing businesses in India is cosmetics. Who doesn’t love beauty? Everyone wants to be presentable and project themselves as smart and decent.
Due to pollution, food consumption, and stress, there are various reasons why one’s skin is affected. As a result, everyone owns at least one cosmetic product in order to appear presentable.
Given this, if you can create organic cosmetic products that naturally help your customers restore the appearance of their skin, you will undoubtedly profit. Hence, manufacturing cosmetic products is a great idea to see the profits.
23. Millets Based Foods Manufacturing
The desire to be healthy is growing by the day. Millets are an important food that has been facing increasing demand due to its health benefits. Millets are a good source of calcium. About 40% of Indians face calcium deficiency, and one can take good advantage of this.
India produces sorghum and pearl millets, which are good sources of calcium. Hence, one can manufacture food or snacks using millets. The following are some of the most popular millet-based foods:
- Bread (Ragi and Bajra)
- Mud flour is convenient.
- Cookies (Ragi & Bajra)
- Decorticated ragi
- Expanded bajra
- Expanded ragi
- flaked rte jowar
- Germinated Ragi Drink Mix
- Ragi-based instant beverage
- Instant ragi semolina porridge
- Jowar flakes
- Enzyme-rich malted ragi flour
- millet-based upma and halwa mix
- Millet semolina (coarse and fine)
- Muffins (Ragi and Bajra)
- Multigrain drink mix
- Multigrain pasta
- Multigrain Sweet Mix (Halva)
- Nutritious millet flour
- Pedal-operated millet dehuller
- Ragi flakes
- Ragi pappad
- Ragi roti
- Ragi rusk
- Ragi snack
- Ragi vermicelli
- Shelf-stable bajra flour
- Shelf-stable jowar flour
Hence, with so many millet manufacturing options, choose the right product that you feel is most preferred in the market and start manufacturing the same.
Also, if you are planning to grow millets and manufacture millet-based products, think about the Government Seed Production Program in India. Under this program, people earn huge amounts of money just by producing high-quality seeds.
24. Handmade Organic & Exotic Soaps
Handmade organic and exotic soaps are one of the new manufacturing business ideas with medium investment. With more and more people opting for chemical-free alternatives, it is the perfect time to dive into the hand-made organic soap business.
You need to make an initial investment of INR 1.5 – 2 lakhs and can expect pretty exciting returns. Another favourable fact is – you won’t have a hard time convincing prospects.
Why? Because people are already switching to an organic lifestyle. Check out SoulPure, a Bangalore-based startup that produces not only skin-friendly but also environmental-friendly soaps, for more inspiration.
25. Bakery Products
The largest industry in the food processing sector in India is the bakery business. Products made by bakeries have gained enormous popularity nationwide. One of the most lucrative food processing business opportunities that one can start with either owned or rented premises is a bakery.
The key to success in the bakery industry is choosing the correct product and implementing an effective marketing plan. You must select the precise products for your bakery product manufacturing based on the market and financial factors.
There are two sorts of money that you will need to secure when starting a bakery business. One is fixed capital used to set up the facility and buy equipment. Working capital is the second. Banks offer hire purchase leasing for the acquisition of machinery.
26. Mineral Water Manufacturing
For individuals who want to start a manufacturing firm, the bottled water venture is an innovative option. This product not only has a significant potential for profitability but also a growing market demand. Due to its extreme purity and cleanliness, people now prefer purchasing mineral water over conventional drinkable water. The overall supply chain is disrupted by the growing demand for mineral water, which increases pressure on the current facility to increase production. New business owners are being drawn to India to build mineral water factories as a result of the rising demand.
27. Toy Manufacturing
Numerous advantages make the Indian toy manufacturing sector a profitable investment opportunity. For instance, it is one of the most promising industries in the nation due to the low cost of production, sizable home market, and growing global demand. The Indian toy market is thought to be worth $1.5 billion, or 0.5% of the global market. The majority of the toy producers in India are concentrated in the states of Tamil Nadu, Maharashtra, Karnataka, and more. The toys industry in India has the potential to grow to $2-3 billion by 2024.
28. Sports Goods Manufacturing
India’s sports goods market is one of the largest in the world and has been in existence for about a century. Because of its success and the professional workforce that supports it, the industry is well-known for helping to boost employment rates and the national economy. Uttar Pradesh, Punjab, Maharashtra, Delhi, Tamil Nadu, Jammu, and West Bengal are among the top sports goods producing states in India. India exports sporting goods to the USA, China, Australia, Germany, the UAE, the UK, Netherlands, France, South Africa, Sweden, Canada, Belgium, Brazil, Chile, Denmark, and a total of more than 200 countries.
29. Biscuit Making
Although it requires specialised knowledge and certain expensive equipment, the production of biscuits can be profitable with enough effort. In India, the biscuit market is expanding quickly and has a lot of room for expansion. Effective decision-making and strategic planning are essential in the biscuit industry when deciding how to sell, how to package products, how to set prices, etc. In the biscuit making sector, the packaging is crucial. Consider creative packaging ideas. You must offer packaging that is both appealing and waterproof. Regarding bulk supplies, pay attention to the outer carton as well.
30. Leather Products
From making leather to using it to create your products, leather production continues to play a significant part in the industrial sector. Due to the growing preference for cruelty-free leather among customers and manufacturers, the leather industry can be plagued with ethical dilemmas. You can incorporate leather in almost any product you can think of. Small and medium-sized leather products manufacturing business ventures can be built into successful businesses.
31. Hair Wigs and Hair Extension
The demand for hair wigs and extensions has been growing rapidly. While a few people have improper hair growth, others don’t want to grow long hair and try to prefer shorter hair according to their personalities.
Hence, people who don’t have hair will use the hair extensions if they have to attend wedding parties and style themselves using the extensions. Further, wigs and hair extensions are also used by the people in their everyday lives according to the dresses they wear.
Thus, the hair wig and hair extension manufacturing business is one of the best business ideas to start in 2023 to get profits.
You can offer bleached human hair extensions, virgin hair extensions, double-drawn extensions, and many other types of extensions. Also, depending on the client’s requirements, you can manufacture hair extensions in various colours and types, such as curly, frizzy, etc.
People are very interested in human hair because it can be styled in a variety of ways. Hence, always try to manufacture human hairs whenever possible.
32. Fashion Jewellery
This is one of the most profitable manufacturing business ideas under 10 Lakhs in India.
What makes it profitable? Rather than hoarding on gold and diamond, modern-day women now buy jewellery that is light and pleasant and wears it to work, events, and celebrations. And fashion jewellery serves the purpose well.
These days jewellery brands leverage e-commerce and social media – Instagram and Facebook pages, for marketing. Secret tip – Influencer marketing is a great way for such brands to gain traction.
For clarity, study about Pipa+bella, brain-child of Suchi Pandya, a thriving Mumbai-based jewellery business.
Other Top 49 Manufacturing Business Ideas in India
Apart from the above 32 manufacturing ideas in India, here are the top 49 manufacturing business ideas in India that you can start in the year 2023. The best part of the following manufacturing business ideas for India is that you can start all of them with as little investment as you have.
- Automobile Parts Manufacturing
- Computer Hardware and Networking Products Manufacturing
- Pharmaceutical Manufacturing
- Bottled Water Manufacturing
- Brewery Manufacturing
- Plastic Products Manufacturing
- Textile Manufacturing
- Food Processing
- Garment Manufacturing
- Soap Manufacturing
- Paint Manufacturing
- Packaging Manufacturing
- Agarbatti (Incense Stick) Manufacturing
- Solar Panel Manufacturing
- Sewing Thread Manufacturing
- Automobile Spare Parts Manufacturing
- Solar Water Heater Manufacturing
- Electric Wire and Cable Manufacturing 25. Rubber Products Manufacturing
- Battery Manufacturing
- Tractor Parts Manufacturing
- Mosquito Repellent Manufacturing
- Automobile Tyre Manufacturing
- Steel Furniture Manufacturing
- Packaged Drinking Water Manufacturing
- Plastic Bottles Manufacturing
- Bed Linen Manufacturing
- Hair Oil Manufacturing
- Coconut Oil Manufacturing
- Groundnut Oil Manufacturing
- Frozen Meals Manufacturing
- Renewable Resource Manufacturing
- Windows and Doors Manufacturing
- Pharmaceuticals Manufacturing
- Organic Body Soap Manufacturing
- Organic Body Essentials Manufacturing
- Women’s Slipper Manufacturing
- Tissue Paper Manufacturing
- Water Bottle Manufacturing
- Hand Wash Manufacturing
- Bags Manufacturing
- Pen Manufacturing
- Agro and Food Chemicals
- Construction Chemicals
- Pharma and Medical Disposable Products
- Wood Combs, Glasses, Brushes
- Nutraceuticals products
- Zero Waste Products Such as Cloth bags, Cutleries
- Pharma Chemicals
- Dietary Supplements Manufacturing
Profit-Making Manufacturing Business Ideas Under 10 Lakhs in India
Starting a manufacturing business in under 10 Lakhs India is easy. Some of the profitable manufacturing business ideas under 10 lakhs in India include 3D printing services, vegetable processing, instant noodles production, soap and detergent making, digital printing, paper cup manufacturing, bag making, incense stick making, and herbal products production.
FAQs on Manufacturing Business Ideas
The frequently asked questions on manufacturing business ideas are given below:
Which among these is the manufacturing business?
A) Plastic container manufacturing B) Smartphone manufacturing C) Hairdressing business D) Candy manufacturing
Plastic container making, smart phone making, and candy making businesses are manufacturing businesses.
What are a few production business ideas?
Some of the production business ideas are leather and fabric production, eyeglasses and frames manufacturing, and plastic bottle manufacturing.
What is the best manufacturing business in India to start?
Some of the top manufacturing business in India to get started are phone accessories, household accessories, organic snacks, and stationery items.
Is there any manufacturing business under 3 lakh?
LED bulb manufacturing & soft toy manufacturing are some of the best businesses under 3 lakh that can be manufactured.
What are some of the easy manufacturing business ideas?
Some of the easy to manufacture business ideas are mask making, disposable garbage bags, stationery items for kids, pet supplies, bindi making, kitchen essentials.
The fact is that the business world and its ways are reforming. And in 2023, you do not need to be another Larsen & Toubro or another Jindal steel to make a difference; you just have to be – well, you!
Entrepreneurship in the manufacturing business might seem to be a fancy venture where you can dabble your way to success, earn millions, and live happily ever after. But let us burst the bubble and tell you-the truth cannot be any further. It requires plans, business strategies, skills, expertise, a supportive team, and most importantly, honest efforts to make a dent. With the right idea and strategic execution, we can promise you this – it will be worth it!
Which idea are you choosing to experiment with to make 2023 a groundbreaking year?
Liked it? Read more here:
Great content! Super high-quality! Keep it up! 🙂