Small manufacturing business can be started at home or at a small rental premise. The cost of machinery or equipment’s required for starting small manufacturing business is very low. You can even think of hiring machinery from the market In order to reduce capital investment. So, now let’s take a look at small manufacturing business ideas with low cost in India.
Manufacturing of Paper
Manufacturing of paper is a low-cost business idea. It is a known fact that paper market has huge potential. Papers are widely used in education and other industries. So, chances of getting success in a paper making business are very high. Before starting this business you need to decide paper size and volume, based on size and volume you need to select equipment and space for the manufacturing.
Capital required – 1 -2 LacMaterial required – Papermaking equipment, raw material, chemicals
Manufacturing of Folder File and Envelopes
The second low cost manufacturing business that can be easily started is folder file and envelope making. The folder files and envelope are always in demand as it is used widely in schools, post office, banks and in a corporate environment. There are two ways of making folder file and envelopes. First is handmade and second is using a machine. You can adopt any of them. However, it is recommended to go for a machine.
Capital required – Approx. 1 LacMaterial required – Paper folding hydraulic press, raw material
Soap and detergent manufacturing
Soap and detergent are essential household FMCG products that always remains in demand. So, it is worth to consider a soap and detergent manufacturing business. In order to start this business, you need to learn a process of making soap and detergent. As it requires mixing of right ingredients in a correct proportion. You can start this business at home or at a suitable premise.
Capital required – Approx.Rs.50,000Material required – Mixers, basins, ladles, plastic bags, gas or electric stove, weighing scale, hand-gloves
Hair Oil Production
The next business idea is hair oil production. It is low-cost business and can be easily started from home. It has good market potential as hair oil is commodity item and used everywhere. You need to make sure that oil should be non-sticky with good fragrance. It is a good idea to make hair oil that will help to grow hair.
Capital required – Approx. Rs. 25,000 to Rs.50,000Material required – Base oil, Herbal extract, Perfume, Bottling and Mixing machines.
Manufacturing of Sports related items
The next business idea is related to sports. It is about the manufacturing of sports related items such as a ball, bat, badminton racket, carrom etc. If Indoor and outdoor sports are popular in your country this business can lead to runaway success.
Capital required – Approx. 2 Lac to 5 LacMaterial required – Raw material, machinery
Handmade Biscuit making
If you are looking for home based manufacturing business you can think of biscuit making business. It is very lucrative small scale business. Although many branded biscuits are available many people still prefer handmade biscuit and cookies. If you have knowledge of making good biscuit you can plan to start your own biscuit making business.
Capital required – Approx. Rs.25,000 to Rs.50,000Material required – Wheat flour, sugar, grinder, mixture etc.
Candle making
One of the most popular manufacturing business is candle making. Fancy candles with good fragrance are always in demand so starting a candle making business is a good choice. This business can be started with low investment.
Capital required – Approx. Rs.25,000 to Rs.50,000Material required – Wax, molding, dye, perfume, equipment for holding hot wax.
PS : In all businesses mentioned above company registration and other legal formalities are mandatory.
Starting a manufacturing business is very good idea. However, it requires dedicated efforts, meticulous planning, and capital in order to be successful. Make sure to cover each and every point before starting manufacturing business.
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