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In today’s competitive world, starting a business can seem daunting, especially with the financial crunch. So, some people prefer simple ventures, while others consider starting a manufacturing business. So, have you also dreamed of starting your own manufacturing business, but thought it would require a huge investment? Don’t worry, you can start a profitable manufacturing unit with an investment of less than ₹20 lakhs. And with India’s Make in India initiative and the increasing demand for local products, this is the right time to enter this sector. In this article, we will explore the best manufacturing business ideas under ₹20 lakhs, covering the investment, setup, and profit potential that will help you get started.
Table of Contents
In the construction and real estate industry, whether for homes, offices or commercial spaces, people are looking for stylish and durable flooring options, hence ceramic floor tiles are always in high demand. Therefore, you can start a small scale ceramic tiles manufacturing unit within ₹15 to ₹20 lakhs. The main investment areas are tile making machine, kiln, raw materials like clay and feldspar, and packaging equipment. If you focus on high-quality and trendy designs, you can get deals from builders, interior designers, and hardware stores.
With today’s rising electricity costs and the growing shift towards renewable energy, the demand for solar panels is on the rise. So, you can set up a small-scale solar panel assembly unit with solar cells, assembly machines and battery packs for around ₹18 to ₹20 lakh. Then, you can start by selling small rooftop solar panels to homes, offices and small businesses. Apart from that, the Indian government also provides subsidies and incentives to solar businesses, hence, making it a profitable and future-proof business Ideas Under ₹20 Lakhs.
Coconut-based products like virgin coconut oil, coconut chips, and coconut powder are in high demand in both food and cosmetic industries. If you are based in a coastal area or a region where coconut is abundantly available, this business is a goldmine. You can start this within ₹15 to ₹20 lakh, including machinery for oil extraction, drying, and packaging. With increasing awareness about healthy eating and natural skincare, this market is expanding rapidly.
PVC pipes are used extensively in construction, plumbing, and agriculture. With the right extrusion machine and mold setup, you can start a small-scale PVC pipe manufacturing business in ₹18 to ₹20 lakh. The raw materials include PVC resin and additives. Since the real estate and farming sectors are always in need of piping solutions, finding clients isn’t that difficult. Tie-ups with local builders and hardware suppliers can keep your business running smoothly.
Education is an evergreen industry, and notebooks and stationery will always be in demand! Schools, colleges, and offices require a continuous supply of notebooks, files, and registers. You can start a small notebook manufacturing unit within ₹12 to ₹18 lakh, including paper cutting and binding machines. The key is to find local wholesalers, schools, or even create a custom-designed brand for the premium market. You can also explore eco-friendly recycled notebooks to attract environmentally conscious customers.
Clean drinking water is a necessity, and with growing concerns about water pollution, the demand for bottled water is increasing. So, you can start a small-scale bottled water plant within ₹15 to ₹20 lakh. This would include water purification machines, filtration units, bottling machines, and packaging. You can start with 20 liter jar deliveries to offices and homes, and then expand to 500 ml and 1 liter retail bottles. Partnering with local grocery stores, offices, and online delivery apps will help you grow your business.
In today’s trendy world, bakeries and cake businesses are booming as the use of customized cakes for birthdays and weddings is increasing. So, you can set up a bakery manufacturing business with mixers, ovens and packaging machines in ₹10 to ₹15 lakhs. Importantly, there is a high demand for home-baked and organic cakes, so you can start selling them via Instagram, Zomato and Swiggy. Also, unique flavors, high-quality ingredients and great presentation are the secrets to success.
Starting a customized wooden furniture manufacturing company allows you to capitalize on the growing customer demand for customized furniture products. With an investment of ₹15 to ₹20 lakh, you can open a small workshop to process wooden products using cutting equipment and finishing tools, and you can get plywood and MDF and metal frames as your raw materials. The trend towards small folding furniture has strong potential, as you will be successful targeting urban apartments and offices, as well as interior design professionals.
Cooking oils like mustard oil, coconut oil, groundnut oil and sunflower oil are essential in every Indian kitchen. Moreover, the demand for pure, unadulterated and cold-pressed oils is increasing. So, you can start a small-scale cooking oil production business within ₹10 to ₹18 lakhs by investing in oil extraction machines, filtration units and packaging systems. The business is easy to start, and if you focus on quality and good branding, you can sell to local markets, supermarkets and online stores. Additionally, you can offer custom oil pressing services where customers bring their own raw materials.
India is the land of Ayurveda, and due to this, the market for herbal products is growing rapidly globally. Yes, from skin care creams to herbal teas, the demand is increasing rapidly. So, you can start manufacturing herbal oils, organic soaps or Ayurvedic supplements within ₹10 to ₹20 lakhs. But, it is important to get the right certifications and target organic product lovers. Then selling your products on Amazon, Flipkart and health stores will give you more profits and a steady stream of customers.
Tile Making Machine – https://m.indiamart.com/impcat/tile-making-machine.html?utm_source=newbusinessideasindia&utm_medium=affiliate&utm_campaign=0425&utm_content=485
Solar Panel Manufacturing Unit – https://m.indiamart.com/impcat/solar-panel-manufacturing-unit.html?utm_source=newbusinessideasindia&utm_medium=affiliate&utm_campaign=0425&utm_content=493
PVC Pipe Machine – https://m.indiamart.com/impcat/pvc-pipe-machine.html?utm_source=newbusinessideasindia&utm_medium=affiliate&utm_campaign=0425&utm_content=497
Notebook Making Machines – https://m.indiamart.com/impcat/notebook-making-machines.html?utm_source=newbusinessideasindia&utm_medium=affiliate&utm_campaign=0425&utm_content=501
Bakery Machinery – https://m.indiamart.com/impcat/bakery-machinery.html?utm_source=newbusinessideasindia&utm_medium=affiliate&utm_campaign=0425&utm_content=505
Edible Oil Extraction Machinery – https://m.indiamart.com/impcat/edible-oil-extraction-machinery.html?utm_source=newbusinessideasindia&utm_medium=affiliate&utm_campaign=0425&utm_content=509
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