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50 Businesses You Can Start With INR 1 Lakh Or Less

Shubham Kumar

Shubham Kumar

According to a survey by Randstad Workmonitor in 2017, 83% of the Indian workforce would like to try entrepreneurship. While there are many who want to start a full time business, there are others who plan to start some part-time business to earn extra income. However, starting a business has many hurdles associated with it, and the major hurdle is the lack of capital. As a matter of fact, there are many businesses which can be started without investing a huge amount of capital. Here is a list of the best business ideas you can start by investing INR 1 lakh or less.

You may also like: 62 Business Ideas with Low Investment and High returns

Businesses You Can Start with INR 1,00,000 or Less

Cab Fleet Home Automation Services T-Shirt Printing Investment Business Stationery Store Startup Canteens Custom Gifts Professional Cameras on Rent Xerox and Printing Juice Shop Food Corner Game Parlour Used Car Dealership Driving School Beauty Salon Affiliate Marketing Blogging Writing Services Homework Help Services and Tutoring Web Designing Business Graphic Designer Interior Designer Home Decorator Fashion Designer Starting an Online Store Bookstore Fashion Store Babysitting Craft Store Bakery Online Advertising Dancing and Music School Sell Handmade Products Consulting Business Real Estate Agency Travel Agent Web Maintenance Service Event Management Business Amazon Seller YouTuber Podcasting E-Book Writing Laundry Shop Tailoring Home Cleaning or Corporate Cleaning Services Home Maintenance and Repair Services Catering Business Grocery Shop Mobile Repair Shop Paper Bag, Cloth Bag, or Jute Bag Making

Business-ideas-cab-fleets

You can buy a used car or a couple of bikes under INR 1 lakh, register them with Ola , Uber, Rapido, and other on-demand cab services. You then need to hire some people to drive the cab for you. Even after the necessary deductions like paying the driver's salary along with the maintenance expenditures, you'll still end up with a good profit.

Home Automation Services

Speech recognition devices like Amazon Alexa and Google Home have become common in today's households. With some knowledge of electronics and coding, you can help people pair their home appliances with speech recognition devices. This would allow them to control the appliances by giving commands to the speech device. One needs to purchase electronic equipment and hire a few talented guys to take care of the programming and configuration aspect.

T-Shirt Printing

There's a constant need for custom designed uniform with logos and pictures. As a result, T-Shirt Printing is a lucrative business one can pursue. You can help customers by printing their required designs and logos on T-shirts. For that, you'll have to invest in a good T-shirt printing machine . There are many affordable machines in the market, some starting from as low as INR 50,000 . If it sounds expensive, one may rent the machine from someone on a monthly basis or longer and once the business turns profitable, the venture owner could buy his or her own machine. With the constant emergence and growth of social media influencers, this business is in high demand at the moment. And there's no dearth of offline opportunities as well. Many T-Shirt startups are already excelling in this industry.

Investment Business

If you have knowledge about trading and investing, you can provide the service of handling people's money and generating profits for them through the share market. But to take off with this idea, one needs to demonstrate the knack for making successful predictions and trades in the market because people believe only when they see. Moreover, it requires immense trust to hand over one's hard earned money to someone else. So start by investing money for relatives and friends, turn them into success stories, and then aim for the big fish! You can start your own investment company in the future with this business idea.

Also read: Best Fintech Startups in India

Stationery Store Startup

You can open a stationery store and cater to new startups and offices since they require a lot of stationery related items like pen, paper, markers, etc. Offer them the best quality stationery products at reasonable prices. You can also partner with schools and coaching centers to establish your presence. Subsequently, students will come only to you for stationery needs. Connectivity with your main store means shortage of supplies can be taken care of immediately. You will need to build an effective transport network for connectivity between the main warehouse/store and your franchises to meet urgent delivery request. A home delivery facility will attract more customers. This business idea can be easily launched with INR 1 lakh and be scaled as a formidable startup if implemented with the best practices.

Canteens are no less than a necessity in public places such as parks. Even hospitals and office spaces are known for the crowd they bring. You can lease a space in such locations and start a canteen there. Start with limited options like tea, coffee, and biscuits. If there's a growth in your customer base, you can then increase the options offered. Once the entire business is in motion with windfall profits, you can then think of expanding the canteen chain.

Custom Gifts

Business-ideas-custom-gifts

According to Asianage, the gifting industry in India is expected to reach $84 billion by the year 2024. The industry is worth north of $65 million at present. The millennials have contributed significantly to the rise in gifting culture. Starting a personalized gifting business can prove to be a profitable business. All you need is creativity and innovation which are reflected in awe-inspiring photo frames, custom coffee mugs, etc. Test your initiative on your acquaintances and see what they think of custom gifting as a customer. You can also distribute samples embellished with your information for promotion and publicity. Closing a deal with corporate offices, especially during the festive season, is also a good idea for marketing.

Also read: Corporate Gifting Ideas for Diwali

Professional Cameras on Rent

Social Media platforms like Instagram and Facebook have ushered in a new era, one where everyone's crazy about selfies and videos. By the time you'd be done reading the previous sentence, hundreds of thousands of pictures must have been uploaded online. People are desperate for good quality images and videos. They need excellent cameras for that. You can buy a high-end camera that ranges between Rs. 50,000 to 80,000 and rent it to people on an hourly basis. If you can invest in a good quality drone with integrated camera and provide the instructions on its usage, nothing like it. You can easily command more than Rs. 1000 per hour as people are willing to pay astronomical amounts for those precious drone clicks!. If you are interested, you can also start doing professional photography.

Xerox and Printing

Although everything's online now, requirements like photocopying and scanning will never fade. You can buy a xerox machine and start a business near a coaching center, college, or offices. It is a highly scalable business idea if done right.

Also read: How to make money online

With the millennial (and everyone in general) moving towards a healthier lifestyle, juice shops are the place to go after that intensive workout. Be it fruit juice or protein shake, juice shops are a favorite for many. Starting a juice shop business near a jogging park, fitness center, or in a commercially bustling area offers a good chance to make money. If you cannot find any such place, you can always start with a movable setup like using your car and parking it near a jogger's area every morning. All you need to start this business is a good juicer, fruits, and necessary permission for your venture. All of the inventories can be bought for less than 50,000 rupees. You can use the other INR 50,000 from your INR 1,00,000 investment to market your shop. You may have to seek police consent and those of the concerned authorities. Target residential societies, if possible. As more and more people throng to your shop, you'll get an idea and insight into their preferences and thereby come up with even better offerings. It is one of the most promising business ideas you can start with INR 1,00,000.

Food Corner

Some eat to live while others live to eat. All in all, a Food Corner has all the ingredients of a profitable business . Aim for affordable meals so that people from all walks of life have something to consume at your joint. Since we're talking about businesses under INR 1,00,000, start with a stall type of setup. Talk to the southern meals and MOMO vendors you find on the roads to understand how they work. This is the one of the best businesses you can start with INR 1,00,000 or even less as food will never go out of trend.

Also read: How to market a restaurant

Game Parlour

The gaming industry is witnessing a boom. The current value of the gaming industry in India is $850 million and it is growing at a rate of 14.3% every year. If you think people in your locality are into mobile or PC gaming, you can buy a few high-end mobile phones and PCs and set up a game parlor . Many people want to play high performance mobile games but don't have compatible phones. There's tremendous opportunity in mobile lending. Apart from the money you make from the games, you can sell snacks in the parlor for some extra cash.

Used Car Dealership

There are many people who prefer to buy used cars in good condition. They buy a used car, drive it for a year or two, sell it, and buy another used car. You can start a used car dealership and find customers easily. All you need is a used car, have it repaired and find a buyer. If you can add some value to the car through modification, people will be ready to buy it for a higher price . Start your business by scouting for a used car that can be purchased and enhanced in 1 lac budget. Many people like to buy used cars and enhance it in a short period of time.

Driving School

Driving school continues to remain in the market. It is still a good business that mints money as the number of driving licenses issued every year grows exponentially. For a driving school, you need a good marketing plan as you cannot target specific people. You will have to use traditional channels of advertising like newspapers and pamphlets. Social media marketing can also assist in acquiring customers.

Beauty Salon

For someone who is interested in doing hairstyles, makeup or grooming people, starting a salon can be a nice business. A shop in a good locality is needed, besides many also start it at home. Much heavy investment is not needed, and also one can earn good amount of profit in this business

The above mentioned are some of the best business ideas that can be started by investing around INR 1,00,000. But if you feel that 1 lakh is not what you can invest right now, there are still other businesses you to start that requires very less investment. Let's have a look at some such business ideas

Also Read : 10 Small Business Ideas that You can Start from Home

Best Businesses to Start with Less Investment

Affiliate marketing.

Affiliate marketing is an easy to start yet profitable business that you can start, without any major investment. What you have to do is to simply promote other business's products and services online and earn commission. You don't even need to have your own website to start affiliate marketing. Just choose the products you would like to promote and register yourself as an affiliate of the company whose products you would like to promote. Once authorized to become an affiliate, you receive affiliate links for various products the company is selling. You can now paste these links on your website or promote them through your social media accounts, YouTube channel, in online groups or communities, or through email, and start earning commission whenever someone clicks on your link to visit the company's website and makes any purchase.

If you love writing, blogging is an interesting and profitable business that you can start with minimal investment. All you need to spend is on a domain and a good hosting plan. So just with an investment of INR 5000-6000 you are all set for a blogging business. Blogging lets you make money in many ways. You can sign up with Google AdSense to show ads on your website, do affiliate marketing, write sponsored posts, sell e-books and much more through blogging.

Writing Services

Another good service for those who have amazing writing skills is starting a business providing writing services. Writing service providers create various content for the clients ranging from resume writing, article writing, short story writing, copy writing, technical writing, editing and much more. You can start by offering a limited services, and once scaled up, you can hire people and broaden the spectrum of your services.

Homework Help Services and Tutoring

There are many students who would pay to get some help for their homework. You can start online homework and assignment consultation services. Students can call you to seek help regarding their assignments and you can charge them on an hourly or per assignment basis. You can target hostels and colleges for this business. This is an awesome business idea if you are excellent in studies and requires very little money to begin with. The only investment will be in the form of internet and your device. Tutoring is also a good way to make some money with almost no investment.

Web Designing Business

If you have relevant knowledge, you can start designing websites for various businesses. In today's digital world, every business big or small needs a digital presence to grow. By starting a web designing business, you can tap into this trend.

Graphic Designer

Are you a graphic designing expert? Well this can indeed be a great business option. Graphic designing has a huge scope. From creating logo's for companies, to designing brochures and marketing materials, making graphical content for social media to designing packages, there is lot you can offer to your clients and earn a good amount of money.

Also Read : How to Become an Expert Graphic Designer

Interior Designer

Interior designing is another great business option. With required skills and preferably the required certifications, you can easily start an interior designing business. Start by designing interior for your family, friends and acquaintances, and build a good portfolio that you can show attract clients. If your work is good enough, this business will surely take you places.

Home Decorator

Being a home decorator is a good business for those who loves to decorate beautiful homes. A home decorator is one who decorates the interiors with beautiful furniture, accessories etc. While you need certification to become an interior designer, no certification is needed for being an interior decorator. All you need to be an interior decorator is creativity.

Fashion Designer

If you have a knack for fashion designing, fashion designing business is something you can start without much investment. Find a niche segment and decide for whom you want to design clothes. Start by offering a few products, and promote your business to your acquaintances well as through social media. Also it is good to have your own website where you can showcase your design.

Starting an Online Store

Starting an online store is yet another good business idea. Just choose the products you want to deal in and decide whether you would like to go for drop-shipping or stocking the products you want to sell. As regards creating the e-commerce site, there are many platforms like Zepo, Shopify, and FreKart that will help you in this regard.

Starting a book shop is an affordable and nice business. One can opt to sell used books also, as they can be procured at a low cost. While there are many these days who prefer to order books online, and others who read e-books, there is still that category of readers who like to hold a book in the hands and read it, rather than reading it on a screen. So if you can rent a space near educational institutes or in a popular market area, your bookstore will surely earn profit. Coffee shop bookstore is also a cool place that people like to visit. So if you have enough space and required skills, you can also start a coffee shop alongside your bookstore to attract more customers.

Fashion Store

If you love to look stylish and fashionable and has a god fashion sense, you may consider opening a fashion store. To start with find a niche for yourself and start dealing in your niche. For example you can begin with a kids fashion store, and expand later to other niche as well, with increase in budget. You can also consider establishing your online presence and sell your clothes online.

Babysitting

Babysitting is also a business that requires very less investment. If there is space, you can start this business at your home itself. You just need to invest in some good toys, books, etc. to keep the kids busy. Also healthy food should be made available.

Craft Store

Opening a craft store is a viable business option. You can either create your own piece of art for selling in the shop or procure art and craft items in bulk and sell the same at retail rates. Craft items have a good profit margin when bought in bulk.

craft shop

If baking is your passion, a bakery is a good business you can start. To keep the investments on the lower side you can opt to start a home bakery or a cloud kitchen. In home bakery and cloud kitchens, you just need to cook and deliver the food items, without any hassle of making sitting arrangements. Thus your rent is saved.

Online Advertising

Online advertising is what many businesses opt for these days, as online advertising is a great way to reach a wide audience. As such starting your own online advertising business is surely a profitable option. As an online advertising company you can provide services such as website designing, SEO services, PPC advertising, Social media marketing, content marketing and e-mail marketing.

Dancing and Music School

If you are a trained singer or dancer, music and dance classes can be a good business you can start. When started in a very small scale at home, you do not require any registration or licensing. Once you feel confident enough, you can scale up your business.

Sell Handmade Products

Handmade products are in demand these days. So you can make and sell handmade soaps, incense sticks, candles, etc. to make profit. The Government of India offers affordable training courses where you can learn to make these goods. You can sell them online, and as you scale up you can tie up with spas, salons, hotels, etc. for selling the products.

Other than this, you can also consider selling home made jams, pickles, chocolates, etc. Homemade stuff can be also be sold through sites like Etsy.com.

Consulting Business

Consulting services can be offered in various fields such as accounting, auditing, insurance, career, taxes, business and more. You just need to spot your area of expertise and start your consultancy accordingly. Try to get initial customers from your acquaintances and give them the best services so that you can benefit from word of mouth publicity.

Real Estate Agency

If you have interest and knowledge about real estate, you can become a real estate agent. You can choose from dealing in residential properties, commercial properties, or plot investments to start with. Get the required licensing, gather the required information and knowledge about the property you are dealing in, and promote yourself well so that you can reach out to your target customers.

Travel Agent

With the boom in the travel and tourism industry in India, starting a travel agency is a great business idea. You can choose to deal in anything: air ticket booking, hotel booking, selling travel packages, or all of them.

Web Maintenance Service

With every business going online, there is a rising need for web maintenance services. Website maintenance is required to keep a website error-free, up-to-date user friendly, and safe. In current times, web maintenance service can be a profitable business to start.

Event Management Business

Do you feel that you have what it takes to organize an event successfully? If yes, an event management company is something you should start. With the boom in the event management segment in India and worldwide, event management surely is the right place to be in. To start with, you can mange events for family and friends to get the exposure, and also do some thorough research on managing successful events. Being a first timer, you may find it overwhelming to provide all the event management related services. So you may start by offering one or two services like visitor management services, flower decorations, press and publicity services, etc. to big event management companies. Once you are confident enough, you can take the plunge to start your own full-fledged event management company.

Amazon Seller

Becoming an Amazon seller is a lucrative and profitable initiative. Currently there are over 5 lakh sellers registered with Amazon India. The best part about being a seller with Amazon is that you can reach out to a wide customer base not only within Indian but globally; Amazon takes care of everything from delivering the products to the customers to transferring money to your account.

Not just money, YouTube can actually turn you into a celebrity. If you choose to be a YouTuber, you can make money through various streams. You can earn money by becoming a YouTube partner, by selling your merchandise through your YouTube Channel, or by creating sponsored content. There are options where your fans can pay you directly. If you are a viral content creator, you can even make money by letting media houses use your content and get paid in return.

Looking at its popularity, podcasting can be a good business too. There are many ways in which a podcaster makes money. There are businesses who sponsor podcasts and that means a good source of revenue. Podcasters also earn from donations and crowdfunding by selling their own products and services, or through affiliate marketing.

Also Read : Everything you Need to Know About Podcasting

E-Book Writing

With all the craze around e-books, being an e-book writer can also prove to a profitable business. Before diving into writing an e-book, you need to find your area of expertise and interest, and write something which will create value for your readers. Once written, it's important to extensively promote your e-book to the relevant audience to generate more sales. You can sell your e-book through your own website, on Amazon's Kindle Direct Publishing (KDP) platform, or through other publishers.

Also Read : All You Should Know about E-books

Laundry Shop

Services that make the household chores easy are gaining popularity fast. Laundry service is one such life saver for the millennials. A well-managed laundry business is something you can start and earn profit from. You would need a staff to take care of washing, ironing, etc. Regarding marketing, targeting young people, working professionals, and tying up with co-living space providers can help significantly.

Tailoring is one of those businesses which can be started with low investment. Depending on your budget and skills, you can start tailoring at a small level from your home with a sewing machine and once budget and experience permits, you can launch a boutique. Upon expansion, you may buy a pico machine, interlock machine, embroidery machine, etc. and diversify your specialities in tailoring.

Home Cleaning or Corporate Cleaning Services

Cleaning is an essential service that individuals, organizations, and others cannot live without. With the uptick in the number of corporate offices, co-working spaces, co-living areas, and serviced apartments, the demand for home cleaning and corporate cleaning facilities has surged. Hence, starting a business in this domain is certainly a good idea.

Home Maintenance and Repair Services

There is lot to do when it comes to home repair and maintenance. From electrical work to painting, plumbing, carpentry or roofing, many chores needs to be taken care of. Considering the huge demand, a home maintenance and repairing business can surely turn out to be a profitable one if executed right.

Catering Business

If cooking and feeding people makes you happy, then the catering business is for you. All you need to invest in is cooking utensils, ingredients that will be required for cooking, and some helpers. Once your setup is in place, you can start taking orders and supply food for parties, functions, and other events.

Grocery Shop

A grocery shop does not require much investment. The most important factor you need to keep in mind is that the shop should be in a good location. Try to provide the variety of goods that people demand, be open to home delivery facility, and watch as you gain loyal customers.

Mobile Repair Shop

As reported by market research firm techARC, India had 502.2 million smartphone users in 2019, and the number is ever increasing. Given the scenario, a mobile repair shop can undoubtedly be a profitable business you may consider. Besides repairing, you can also sell accessories and provide mobile recharge facilities in your shop.

Paper Bag, Cloth Bag, or Jute Bag Making

With the buzz around the danger of using plastic, manufacturing cloth bags, jute bags, and paper bags is an eco-friendly way of making money. With proper marketing and the fabrication of reliable bags, you will end up with a pretty solid business.

These business ideas might seem small as they only need an investment of INR 1 lakh or less. But the sky's the limit when it comes to profits. Once you establish your foot with these initiatives, you can easily scale your business to the next level. Focus on marketing and correctly executing your business model. You may not see overnight results, so hold your horses and be patient. Are you aware of some other business ideas that can be started with a low monetary investment? Do comment.

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business under 1 lakh

21+ Business Ideas Under 1 Lakh Rupees Investment

Last updated on: November 21, 2022 by Kani Karthick

Are you looking for business ideas under 1 lakh rupees? Do you want to start up your own business with less investment? Then this article is just for you.

There was a time when small businesses and small business owners were not given due recognition in India. People found it more attractive to shop at malls and high-end stores rather than at a local market.

Over the years, India has rectified its mistake by raising awareness for small businesses and encouraging people to support them. Today, even malls have pop-up stands and weekend markets where small business owners can sell their products!

Currently, small businesses are such an integral part of the Indian economy and contribute about 30% to national GDP and 40% to overall exports.

Even so, many people who have the entrepreneurial spirit seem to hesitate from starting a business, mainly because people think that setting up a business will cost them a fortune!

If you are one of those people, then this article is going to blow your mind and open your eyes to a bunch of business ideas that do not take over 1 lakh to start up and get running.

1. Sell Handmade Products

2. become a florist, 3. start a baking business, 4. sell embroidery and crochet work, 5. start a boutique, 6. conduct dance, music, or art classes, 7. start online tutoring service, 8. start babysitting or day-care services, 10. become a health and fitness coach, 11. start laundry and dry cleaning services, 12. start house cleaning services, 13. run a food truck, 14. start a juice shop, 15. start a tiffin system, 16. provide content writing services, 17. provide web development service, 18. provide interior decoration service, 19. become a real estate agent, 20. sell mobile accessories and repair services, 21. start t-shirts printing business, 22. start a stationery store, 23. start a thrifted book store, business ideas under 1 lakh rupees.

Here are 20+ ideas for starting a business in under 1 lakh rupees.

Soap making business at home

Over the lockdown alone, the market for homemade products has increased multifold. These products include handmade soaps, handmade candles , home decor items, painting, carvings, etc.

You can leverage pretty much any of your skills and create homemade products for your own business. Even if you do not have the skill, it is very easy to acquire them.

To set up this business, the only investments you will make are on raw materials and packaging materials.

Become a Florist

Another skill-based business that is easy to start up and run. Being a florist is a treat to your senses and your pocket because it comes with a very high-profit margin.

You will need to hire people to deliver flowers to you from the market, which you can do on your own too, but you will need a delivery truck to bring in large quantities of flowers.

When you are starting out, it will be easier for you to hire a delivery service to bring in the flowers and you will have to pay for the flowers too. Arranging them together aesthetically is totally on your skills.

Bakery business

Baking is another small business idea that grew tremendously during the lockdown. People always wait for a chance to celebrate and a celebration is incomplete without a cake!

If you have great baking skills, you can start with accepting orders in a small number, maybe for pound cakes, cookies, brownies, etc.

As the business grows, you can take orders to bake cakes for events and parties. To set up this business, the only huge investment would be a good oven and then there are the baking materials and ingredients.

Start embroidery business online

Unlike your regular stitching, which is also a fantastic business idea, by the way, embroidery work or crochet work is a specialized version of stitching. You will need to acquire that skill and practice a lot to perfect it.

There are multiple embroidery for beginners courses on Skillshare that you can browse through and choose depending on your level of expertise.

Both embroidery and crochet work is not specific to apparel anymore. You can create home decor pieces, customized gifts, ‘save the date’ pieces, and so much more using embroidery and crochet work.

Setting up this business needs your skills, your creativity, your ability to come up with unique and trendy designs, and a lot of colorful threads, needles, and other supplies.

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Boutiques refer to stores that create unique, made-to-fit clothing that is one of a kind. People who do not prefer mass-produced fast fashion stuff tend to prefer shopping at boutiques.

If you are a skilled tailor and have a keen eye for fashion, starting an online boutique will work out wonderfully for you.

You will need a fully functional sewing machine and supplies like threads, needles, scissors, etc. You will also need staff to stitch the clothes, but designing the apparel should be your responsibility.

Start a dance studio

As Indians, we are all really proud of our culture and we have always wanted to pass it on to the next generation too. And the best way to do it is in the form of art, music, and dance.

As a child, I remember running home from school to get ready for my Bharatanatyam classes, and I am sure each one of you connect with that memory in one way or another. You may have trained in classical music or regional dance form or some form of art.

Now is the time to put those skills to use and make money out of them. Most of the time, you can start these classes from home itself. You may have to rent out a studio when your students’ strength grows.

However, to start up a dance, music, or art class, does not take a lot of investment. Even if you are investing in a good music system for dance class or some art supplies for your art class.

online tuitions

A technical and narrowed version of a dance or art class, but tuitions have always been a sort after business. To tell you the truth, there are not enough tutors for the amount of students out there.

If you are a subject matter expert in a field of studies and passionate about teaching, online tutoring is a business that is easy to set up, a really profitable business that also feels fulfilling!

To start up this business, you will need a laptop, a good quality video camera for calls and stable internet connection.

Learn more about starting an online tuition from home before getting started.

Babysitting

If you are calm, patient, and good around kids, this business could be for you!

Working couples that have an infant or toddler on their hands have a lot of trouble finding trustworthy people to take care of them.

If you think you could be that trustworthy person who takes care of their kids, you can offer your service as a babysitter.

You need to get trained and certified in child care. There are colleges that offer certification courses and a full-fledged diploma in child care. The cost of these courses starts as low as 2,500/- INR .

It is best to start out as a babysitter, caring for just one child or two in the beginning. Once you have collected some good reviews and start feeling comfortable with childcare, you can open up a daycare service from the comfort of your own home!

fitness training

With more people trying to move towards a healthy living, it is the best time to put your skills to use and make some money out of it.

Even though people want to be fit and healthy, many times, they feel clueless about where to start and what to do. That’s where you can come in, with your knowledge and experience in health and fitness.

To start out at health and fitness coaching as a business, you will need a website where you display your skills and educate people about how hiring you as their coach will benefit them.

laundry business

People have very little time for household chores these days. Any service that makes their life easier will gain popularity quickly.

Laundry and dry cleaning is one such service that picks up quickly and runs successfully, especially in cities. Setting the business up needs a multi-functional washing machine and steam iron to press the clothes.

You will need some staff to share the load, however, you can always start small and then hire more people as you start receiving more orders.

Deep cleaning for houses

Another service that makes people’s life easier is to offer to clean and organize their homes.

We all want to keep our homes clean and tidy, not just for the looks, but to make life a little easier, too. However, living in a fast-paced life gives people no time to keep their home organized.

If you offer to be the Marie Kondo in their life, your services would be welcomed with an open arm. To set up a home cleaning service, you will need some staff and home cleaning equipment like vacuum cleaners, cleaning products, wipes, and brooms, etc.

Food truck business

Unlike a restaurant that comes with huge overhead costs, food trucks are much easier to set up and costs less too.

The food truck business is the newest trend in the food world that is welcomed by both customers and business owners. The business can be set up anywhere, and it is completely scalable.

You can get people to come to your food truck or arrange for a delivery service to deliver food to their doorstep.

Have a food truck but do not know what kind of food you want to sell? Here are 30 food business ideas just for you.

juice business

By far the easiest business to set up. Opening a juice shop needs no skill of any kind. All you need is a bulk of fresh fruits and a good blender that can juice up the fruits.

Setting up a juice shop can prove to be highly profitable considering that the raw material is nothing but fresh fruits. You will need to invest in some good blenders, sweeteners, and juice glasses.

You can also offer to deliver juices to the doorstep in which case you will need to invest in disposable and spill-proof containers for the juice.

Home tiffin services

Remember how people say that the way to a man’s heart is through his stomach?

If you decide to open a tiffin business that offers piping hot homemade food that is tasty as well as healthy, it will be a huge hit in the matter of a month or less.

To set up a tiffin system business, you will need really good cooking skills, ingredients to cook, and an initial investment on a bulk of tiffin carriers. You will need to hire someone to clean the tiffin and sanitize them after every use.

Masala Box is one such tiffin system that is very popular. Their clean and well-made food has become a way of life for working professionals!

The best target market for the tiffin system remains to be people working at corporate offices and students living in PG and hostels.

Wondering how to start an online food business? Read this article !

Content writing service

Content writing is a really sought-after skill. If you are experienced in content writing, you can offer your services on a freelance basis.

Content writing comes in many forms, like website content, corporate blogs, SEO content, ad copies, and much more. Businesses will need these services on a regular basis, and it is easier for them to hire a writer for these tasks.

Setting up this business needs a laptop, a stable internet connection, and your writing skills. This low investment business idea has been undertaken by many people already and the success rate is great.

Web development service

Web development and website designing is a very technical skill that few people have, and it is also very sought-after skill.

Today, a business is nothing if it does not have a fully functional website representing it. People discover businesses more through search engines than anywhere else.

If you have the technical skill to design and develop a website, then you can open a web development agency and offer your services to people.

To set up a web development business, you will need a laptop, stable internet connection and your skills. You will need some staff to share the task as the business grows.

21+ Business Ideas Under 1 Lakh Rupees Investment Interior designing 1

Another great small business idea with low investment and all it requires in your skill and creativity. A diploma or degree in interior design is preferable.

You can start small, by designing and decorating for your friends and acquaintances. In the beginning, this will help you learn and grow. You can also collect their reviews and build your portfolio.

Create a website for your business, build your portfolio, and add these reviews to give your business a professional look, and soon enough, you will have clients lining up for your services.

real estate business

If you are a people person and do not mind roaming around your locality, talking to house owners, this business is best for you.

Real estate agents act as a middleman between a house or property owner and a client who wants to rent or buy the property. They are in charge of talking up the property, showing the property to the clients, negotiating the price, and closing the deal.

Their payment usually comes as commission, which is a percentage of the property’s purchase price or the rent agreed upon.

To set up this business, you will need a professional website, tie-ups with houses and landowners in your chosen locality, a vehicle, and maybe one staff to start with.

Selling Mobile accessories

A mobile accessories store is very easy to set up, and the investment is also very low. Mobile accessories stores sell phone covers, tempered glass, earphones, etc.

These are stuff that people will need to protect their phones and make them look aesthetic.

As an extension, if you can offer mobile repair services, that would be even better, provided you have the right skills for the same.

Printed T-shirt business

Printed T-shirts are very quirky and trendy. People love printed T-shirts because there is a lot of room for customization. You can wear your mood, your personality, and your attitude.

This also makes it a highly profitable business idea. You can offer to custom print T-shirts based on your customer’s requirements. It can be a graphic, a cartoon, a quote, or just an emoji.

Even a heavy-duty T-shirt printing machine will cost you less than INR 50,000/- and you will need a laptop to design the print. Check out SRY prints on Dukaan for some inspiration!

stationery business

Just like mobile accessories, stationery is also a high-demand product. Be it for schools or colleges or offices, people need stationary on a daily basis.

You can create a small start-up that simply sources stationery and supplies to nearby stores or offices in bulk. Or you can set up a full-fledged stationery store.

Either way, setting up this business will not cost you more than INR 50,000/-

Here is some more information about how to start a stationery business .

bookstore

Thrifted books are pre-used books or pre-owned books. Once people are done reading a book, they usually dispose it to waste.

You can encourage people to donate their used books to you instead. All you need to do is clean up the books, sanitize them and then put them up for sale.

Of course, you cannot sell the books at their retail price but you can put it up at half price, nevertheless, you will make a good profit.

However, if you are looking for more thrift store ideas or wondering how to start an online thrift store, read this article .

And there you go, 21+ fantastic business ideas that take less than INR 1,00,000/- to set up.

We do not live in the same space where setting up a business of any scale would cost a fortune and involve a lot of procedures. eCommerce has made it easy for people to set up their own business easily and at lower investment 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 eCommerce platform. If you need some help there, here are the best eCommerce platforms compared and rated for you.

If you have chosen to start your online store on Dukaan, you have made the right decision!

Starting your store on Dukaan is an easy walk-in-the-park task. If you have a phone number and a name for your business, you can add your products, launch your store online and actually start accepting orders within minutes.

Once you have set up your online store on Dukaan, you can use the marketing tools and to market your business across multiple platforms and start bringing in traffic to your store.

It is as easy as that, and if you do not trust me, you can watch this video and learn all about starting your own online store quickly and easily.

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24 Business Ideas in 2024 Small Investment only 1 Lakh

Business Ideas – Leaving a 9 to 5 job and starting your own business is a very good idea. No tension of boss.  Freedom to set your own working hours. No limit on income. These are some lucrative benefits of starting your business.

There are many young and dynamic people who are keen to start their own businesses. However, due to a lack of money knowledge, they drop the idea of starting a business.

If you are one of them, this post is for you. In this post, I will solve both of these issues. I am going to share a list of business ideas that can be started with a small investment of 1 Lakh.

For better understanding, I have classified these business ideas into the following categories.

#1 Manufacturing business with low investment

#2 Food based business ideas with low investment

#3 Product based business ideas with low investment

#4 Service based business ideas with low investment

business ideas 1 lakh

Table of Contents

24 Business ideas in 2024 Small investment 1 Lakh

Manufacturing business with low investment, #1 handmade candles.

Handmade candle making is one of the best business ideas. Candles usually remain in demand starting from traditional to religious to decoration purposes during festivals. Candle-making can be starting from home.

You require raw materials such as wax, perfume, and string for making candles. You can initially start with a handmade candle.  At a later stage, you can go for candle-making equipment.

#2 Incense sticks

Incense sticks are in demand in India as well as abroad. Incense sticks are used in religious activities and in meditation in many countries across the world. The incense sticks are easy to make. You will get an automatic or semi-automatic machine starting from Rs.75000. You require a small space to do manufacturing Incense sticks.

#3 Face Mask

The face mask is in huge demand and likely to remain in demand. Face masks are of multiple types such as cloth masks, surgical masks, and N95 respirators.

You can start a cloth mask and surgical mask business with a low investment of less than 1 Lakh. Surgical face masks are made using non-woven fabrics and plastic material two or three layers. You can opt for handmade face masks or purchase machinery for bulk face mask manufacturing. You will at least need a face mask machine and mask inner loop welding machine to start with.

20 Types of Business Insurance Policies

#4 Shop & Sanitizer Dispenser Manufacturing

The usage of Sanitizer is growing. Good sanitizer is required almost everywhere. Here you have two different business options. You can go for manufacturing of sanitizer or you can manufacture sanitizer dispenser.

The raw material required for making sanitizer is glycerin, alcohol, isopropyl, and chemical. You require a deep understanding of sanitizer making before starting a business. Another alternative is starting a business of sanitizer dispensers. You need to invest money in buying a sanitizer dispenser manufacturing machine. You also need a small space for starting this business.

#5 Handmade Chocolates

Chocolates are mood changer and usually remains in demand. It is easy to make chocolate at home. You require raw materials such as sugar, chocolate cream, and packaging material to make chocolate. The business of making handmade chocolate can be started with a low investment of Rs.40000 to Rs.50000. This business holds a good range of success rate and profit.

#6 Disposable plates and cups

Disposable plates and cups are used in almost every event, picnic, and function. As disposable plates and cups are inexpensive and easily available it is also used by street vendors and hawkers. This means disposal plates and cup making is an evergreen business option. You require an approximate investment of Rs.60000 to start this business.

Food-based business ideas with low investment

#7 pickles making.

Handmade pickle is first on the list of food-based business ideas with low investment. It is a traditional business option, especially for women. Pickle is famous in India as well as abroad. Pickle-making can be started from home also. There is a variety of options to make pickles. You require a small investment of Rs.25000 to start this business.

#8 Sweet and Snacks

Sweet and Snacks making are one of my favorite business ideas. You require to be an expert in making sweets and snacks. You can also recruit manpower that will help in making sweets and snacks. The investment required for starting this business is approximately Rs.50000 to Rs.75000. You require a small shop to start this business.

#9 Home-Made Nasta

Many people prefer homemade nasta (breakfast). Thus starting a homemade nasta business could be a very good business option. You can start this business from home. Investment required for this business is in the range of Rs.25000 to Rs.50000. You can keep home delivery or hire a place where you can make Nasta.

#10 Tiffin Service

Tiffin service is an evergreen business idea for food lovers. These services are generally required by paying guests and office people. If you are a good cook who can prepare healthy and tasty food in the economic range this business is for you. This business can be started from home or from a small shop. You need to invest roughly Rs.40000 to start tiffin services.

#11 Food Truck

Food Truck is next on the list of business ideas with low investment. In this business, you require an old truck or tempo which can be converted to a food truck. This idea is gradually becoming popular in India. You require a good cook for making food. You can start with snacks and fast food. Once your truck is popular you can add multiple other food products.

#12 Tea or Fruit juice kiosk

A tea stall or fruit juice kiosk is next on the list. You require to invest approximately Rs.15000 to start a tea or fruit juice kiosk. You require a suitable place preferably a nearby office area to open a tea or fruit juice kiosk. It is a very good business idea with a small investment.

Product-based business ideas with low investment

#13 computer hardware shop.

Computer hardware shop is the first product-based business idea. Computers, laptops, and peripherals are in huge demand. You can start this business from home or you can take a small shop to start this business. You need to find out customers for the computer and IT related products. The investment required for this business is 1 lakh to 1.5 Lahks.

#14 Garment business

Cloths the basic requirement of human beings has become a style statement. People prefer stylish clothes to wear. If you have the expertise you can buy cloth at a lower cost and sell it at a higher price. Garment business can be started from home or from a small shop. You can start this business from Rs.50000.

#15 Newspaper agency

A newspaper agency or newspaper distribution is a good business option due to the higher commission margin. The commission payout takes place quickly. As a newspaper agent, you need to collect newspapers from the depot early in the morning and carry out the distribution. You require distribution boys and transportation arrangements for the same.

#16 Flower shop

Opening a flower shop is one of the very good business options in India. Flowers are used for giving gifts and for religious purposes. Flowers are also used in festivals for decoration purposes.  You can either involve yourself in buying and selling flowers or you can produce flower at the farm and sell it to the customer with a higher profit margin.

Service-based business ideas with low investment

#17 business plan writing services.

Business plan writing services refer to professional services offered by experienced consultants or experts who assist entrepreneurs and business owners in creating comprehensive business plans. These services are designed to help individuals or businesses develop a well-structured and detailed roadmap for their ventures, outlining their goals, strategies, and financial projections. Here is affordable business plan writing services Penfellow that you can explore for business plan writing.

#18 Pest Control Services

Pest control services is one of the most popular service-based business ideas. In this business, you need to take an annual contract for pest control services. You need to employ manpower who will do pest control services on-site. The investment required for this business is Rs.30000 to Rs.80000.

#19 Real Estate Brokerage Services

Real estate brokerage service is a low-investment business. You require a small shop for starting this business which can be taken on rent. This business can also be started from home.  You need to help customers in buying, selling, or renting property. The earning would be a commission on the transaction.

#20 Tuition and Hobby Class

You can also start tuition or hobby class. Tuition classes or hobby classes can be started from home. You just need a blackboard and a few students to start the tuition classe. You require knowledge of various subjects for starting tuition. The alternative is starting a hobby class such as a drawing class, dance class, or music class.

#21 Job Consultant Services

Good job consultant is in huge demand. As a job consultant, you need to help candidates in finding jobs. You require good contact with various employers looking for candidates. You will get a commission from the employer as well as the job candidate.  The investment required for this business is in the range of Rs.40000 to 1 Lakh.

#22 Interior Decorator

Interior Decorator is a responsible person for reusing and beautifying space. If you have completed a civil-related course or an architecture course you can become an interior decorator. Initially, you need to work hard to find out customers. Once established you can earn a lot of money as an interior decorator.

#23 Insurance Agency

Insurance Agency is one of the best low-investment ideas with a 1 Lakh investment. In this business, you need to take an insurance agency of insurance company and sell insurance products such as general insurance, life insurance, etc. You can earn every good commission on insurance policies.

#24 MLM Network Marketing

MLM Network Marketing is one of the best small business ideas that can be started anytime with very less investment. You need to be good at networking and convincing people and marketing your product in order to make money from this business.

Over to you

I hope you find these 23 business ideas interesting. Share these business ideas with your friends and help them to start their own businesses.

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Top 10 Best Small Business Ideas With Investment Under 1 Lakh

top 10 business ideas with an investment of less than 1 lakh

Are you an aspiring entrepreneur yearning to breathe life into your dreams of owning a business? Look no further! Welcome to the realm of possibilities, where the seeds of success are sown with simplicity and passion. In a world bustling with grand ventures, sometimes the smallest seeds bloom into the most magnificent flowers. True greatness often emerges from humble beginnings. Embrace the sentiment of starting small, for it is within these modest ventures that the grandest dreams take flight. Top 10s Only brings to you the Top 10 Best Small Business Ideas With Investment Under 1 Lakh. 

Road To Success in Entrepreneurship: Explore The Best Small Business Ideas Under 1 Lakh

Gone are the days when small businesses were overlooked, for now, they thrive as the heart of India’s economy. Both service-based and product-based business enterprises have a strong probability of success. There are numerous business ideas that may be launched with one lakh and have a complete success record across the globe. The current trend is to buy locally from pop-up stands, weekend markets, home-based businesses, and other such small-scale business companies. Due to this, small business organisations have become an essential part of the economy in India and are also contributing greatly to the GDP and overall exports. So for those who have entrepreneurial aspirations and are hesitating to start their business, it’s the perfect time to turn your dreams into reality. In fact, many business ideas can be started with a basic investment of  Rs. 1 lakh. Wondering, “Which business ideas can I start with an investment cost of Rs. 1 lakh that has a high success rate”? Read on!

List Of Top 10 Best Small Business Ideas With An Investment Under 1 Lakh

A common misconception among people is that there is a need for a considerably large investment to start a business. You can start your business with a minimal amount, as there are many ideas that need zero or minimal investment. More than the basic investment cost, it is the business ideas and the way they are executed that are the game-changers. With adequate diligence, self-assurance, and creative thinking, you can actually taste success. If you are also seeking small business ideas, this blog has compiled a list of lucrative business ideas that can be started in India for investments under Rs. 1 lakh and yields the best success rate.

1. Pickle Business

Pickles are an essential and integral part of Indian cuisine. An Indian Thali is not complete without a pickle on the side. Traditionally, it was a practise in Indian homes to prepare them in the summer and use them throughout the year. But these days, due to a lack of time and many staying away from their hometowns, market-bought pickles are sought after. If you or someone in your family knows the art of making pickles, then it is a product that is in high demand. It is one of the top 10 best business ideas that can be started with a basic investment cost of Rs. 1 lakh and is a relatively risk-free business with little initial investment and more profits. 

Capital Allocation (Investment Cost in Rs.)

This is one of the best business ideas to be started with an investment under Rs. 1 lakh rupees, and the capital allocation would depend on whether you want to start on a small scale or have a manufacturing unit. The best part of this business, if it is done on a small scale, is that there is no need for much equipment. So the fixed capital allocation is very minimal. Depending on whether you are renting a place or doing it at home, additional costs like rent need to be taken into consideration. However, if done at home, the recurring costs are for ingredients, packing, transporting, and labour. Having a basic investment cost of Rs. 20,000 to Rs. 25,000 is enough to start this business. 

Raw Materials And Equipment

A pickle business, whether run as a set-up in a small unit or from home, needs the following equipment and materials.

  • Cutting machines for cutting vegetables and fruits
  • Weighing scale
  • Pounding machine
  • Jars and bottles of many sizes
  • Pickle-making ingredients like spices, oils, preservatives, etc. 

Licences Required

Below are the licences and registrations needed to start a pickle business in India. 

Code IEC is an importer-exporter code that is a mandatory business identification number for import or export in India. 

  • FSSAI 
  • Trademark and registration
  • MSME registration
  • Business licence
  • GST registration

This is a small-scale business that can be a one-man army. But it is best to have a helper who can follow your instructions and help with the process. Ensure that the staff you employ knows the food safety measures to follow. 

Target Customers

Indians love pickles, and hence the target customer base is huge. Professionals living away from their hometowns, students, working couples, hypermarkets, supermarkets, etc. are some of your target customers. You can sell them via social media to get online orders. This business idea has a good rate of success.

Starting a pickle business is simple and can be done from home. If you have the required skills, you can expect a high-profit margin. The key to success is taste and the way you market your products. 

2. Tailoring Business 

In India, the variety of dresses available is mind-blowing. You can find a wide range of popular clothing styles, regardless of whether you live in an upscale metropolis or a traditional town. They have a significant market opportunity thanks to emerging fashion trends. If you possess exceptional tailoring skills and are brimming with innovative style ideas, launching a tailoring business is the perfect venture to showcase your talents. As a skilled tailor, you’ll be crafting and altering garments with finesse, either independently or by building a team of talented individuals. Compared to other business ideas, this requires a very basic investment, and there are high profits to be earned. What’s more, you don’t need office space, and you can start the business at home, making it one of the top 10 small business ideas to be started in India with a basic investment cost of Rs. 1 lakh. 

A tailoring or sewing business is one of those business ideas that can be started from home with a very basic investment cost of Rs. 1 lakh. The setup needed includes a good sewing machine and a few other accessories. If you start the business at home, the ongoing expenses include supplies like zippers, threads, etc. and equipment maintenance. If you plan to have someone assist you, the employee’s salary is another ongoing cost. The basic investment cost requirement is around Rs. 25,000 to Rs. 30,000 for this business.  

Knowing the tools, equipment, and raw materials needed helps ensure that you have enough funds ready to start the business. Some of the basic raw materials and equipment needed are:

  • Sewing machine
  • Measuring tape
  • Seam opener
  • Special pressor for hemming
  • Threads and supplies
  • Electric iron
  • Tables, racks, and hangers

Licenses Required

Even to start a tailoring shop business with a basic investment cost as low as Rs. 1 Lakh, one should have proper licences, which include:

  • Business Licence

This is not a manpower-intensive business, and you can run the operations single-handedly. Once the business picks up, you can hire 1 or 2 people, depending on your needs. If you have many customers, ensure that at least one of the staff has tailoring expertise, as that reduces the burden on you and ensures delivery on time.

The target customers are people who like to wear trendy, custom-designed clothes. Depending on your niche skills, it can be men or women of all age groups. If you are adept at stitching uniforms, small schools and private companies are also potential customers. 

A tailoring shop is essential for men and women alike, as many people want to get their dresses made or altered to fit properly. You can charge for making, altering, or designing clothes, and the profit margins vary as per your niche skills. Stitching festive wear earns you more profits. The key to the success of this less than Rs. 1 lakh budget business idea is in the way you market, create, and deliver on time. Utilise multiple social media networks to raise your chances of success rate in business.

3. Solar Dealership Business

With everyone looking for eco-friendly options for their homes and offices, this next business idea is truly a game-changer! Starting a solar dealership business opens a pathway towards achieving an environmentally friendly, sustainable future and thus requires a place in our top 10 best small business ideas to be started under Rs. 1 lakh list. This innovative concept empowers you to make a positive impact on the environment and society. Partner with reliable solar suppliers, such as Loom Solar, by becoming a dealer or a distributor, and offering high-quality solar products to homes and business establishments. With a basic investment, you can start an “Ecopreneurship,” promoting clean energy adoption and contributing to a better future. Embrace this lucrative opportunity and brighten your entrepreneurial journey with a greener and more sustainable tomorrow.

Aspiring entrepreneurs should initially partner with established solar panel manufacturers in order to get this business idea started. By forming a partnership with such companies, you can become a solar panel dealer without making a significant capital investment. Next, you can either opt to start a shop for this business with a basic investment cost as low as Rs. 1 Lakh or operate from home as your base of operations. Instead of stocking up on solar panels, focus on maintaining a single demo unit to showcase the product’s benefits to potential customers. Your earnings will come through commissions earned for each successful customer acquisition. This lucrative opportunity promises growth potential with minimal initial investment. The initial capital requirement will come up to approx. Rs. 1 lakh, inclusive of the cost of the demo unit, retail space, and staff.

As this is a dealership, there won’t be much equipment required aside from the demo unit and the necessary tools for any installation or repair work.

Licenses And Documents Required

Typically, the following documents/licenses may be required for setting up an authorised Solar dealership in India:

  • Msme Certificate
  • A copy of the Aadhar card  
  • A copy of the Pan card 
  • GST certificate

Solar dealerships often do not require many employees. The two main personnel requirements will be a marketing executive and a solar panel installation technician.

Alternate power sources such as Solar and Wind are the future. Target customers will be consumers who are looking for cheaper sources of power that will help cut down on electricity bills. 

Investing in a solar dealership is a wise and secure venture. The renewable energy industry is experiencing steady growth, making it a promising market to be part of. With rising awareness and government incentives supporting solar adoption, the demand for solar products is on the rise. As a solar dealership, you are offering a sustainable and cost-effective solution, ensuring a stable customer base. Moreover, by aligning with reputable solar panel manufacturers, you can leverage their expertise and support, further enhancing the safety and profitability of your investment. This business idea will have a guaranteed success rate.

4. Garment Reseller Business

Resellers are people who buy things with the intention of selling them and earning money. A garment reselling business is a fast-growing business that does not need a huge investment. There are some reselling business that need physical office space and stock, and there are others who do it online. There are many garment resellers that are earning huge profits by running their business operations online. Whether you want to start it as a full-time or a part-time business, it is essential to plan and do research before diving in. Here are a few important things to know about it. 

This is one of the top 10 business ideas to be started in India under Rs. 1 lakh that needs very minimal capital allocation. The main reason for this is that you are only in the buying and selling business and not in production, where there will be overhead costs of labour, raw material procurement, etc. There is no need to keep an inventory, and it is more or less a zero-investment business. 

Since you are not the producer of the garments, there are no raw materials or equipment needed. The only equipment needed is a smartphone or a laptop with a good internet connection. 

This is not a manpower-intensive business, and you can run the operations single-handedly. Once the business picks up, you can hire one to two people, depending on your needs. 

To identify the target audience, you should know their clothing preferences. If you are into niche garment reselling, the target customers can be customers outside of India. It can also be tech-savvy professionals, students, and friends in your network. Social media platforms are a great source for your target audience.

A garment reselling business can earn loads of money, as there are many reseller business prospects and platforms like Meesho, Spotify, etc. If you are not keen on manufacturing garments, then a garment reselling business is a great option, as you can set the profit margins. You are in control of the price and decide the final pricing. 

5. Jewellery Making Business

Indian men and women are crazy about jewellery, not just gold but also other metals. With the rise in the price of gold and silver and also the emerging trend of wearing cost-effective jewellery, this business has great prospects. Today, there is a huge market demand for it from billions of people. Artificial cost-effective jewellery that is homemade amplifies the style, and with many celebrities sporting them, it is no longer a middle-class preference. This has helped enhance the scope of jewellery-making. If you have the skills, now is the time to follow your passion and start a jewellery-making business in India. 

What are some business ideas that can be started with Rs. 1 lakh? If this is the question foremost on your mind, then the Handmade jewellery-making business at home needs very little capital allocation. The scale of your operation determines the seed money. If you are doing it on a small scale, then the budget is well within Rs. 1 lakh as the initial investment. The ongoing costs of running this business will depend on the staff hired, whether the operations are in a rented space and the stock you want to maintain. 

Knowing the necessary supplies and raw materials enables you to make sure you have enough money on hand to start your business. Below are the raw materials and equipment needed for starting a jewellery-making business:

  • Casting machine
  • Woollen yarns
  • Aluminium alloy
  • Jewelry-making kit 

Code IEC is an importer-exporter code that is a mandatory business identification number for import or export in India.  

You can run this business on your own to cut operating costs, or you can hire one or two people to assist you with making jewellery.

Target Customer

There is a huge market for hand-made jewellery that cuts across all age groups and genders. The potential target customers are students, professionals, fashionistas, and celebrities. Create an online presence on various social media platforms to market your services and raise your business’ success rate.

Hand-made jewellery is a perfect alternative to costly metals, as they are cheaper and yet look stylish. While there is a huge demand and a great market for these products, you should stay up-to-date on the latest trends and cater to the customers’ needs. There are great profits to be had if you can gain the customer’s trust. 

6. Customized Home Decor

Everyone desires to have a well-anointed and aesthetically pleasing home. Home decor is the one that sets the ambience, whether it is a balcony, bedroom, or living room. But choosing the right home decor is a tough job. If you are someone who is passionate about it or has years of experience in this domain, then starting a customised home decor business is ideal. This is a business that is unlike others, as these items are customised as per the customers’ needs and hence needs lots of creativity and experience. But before you start it, you must have all the necessary information about it. Read below to know more about this less than Rs. 1 lakh investment business in India. 

The capital allocation needed to start this business is less than Rs. 1 lakh and includes the supplies, the machinery needed to make the products, rent (if not using your home), and staff salary if you hire people to assist you. The other costs to include are the cost of developing a website to sell products and the cost of shipping products to customers. 

Home decor includes a variety of items, ranging from kitchen accessories to personal notice boards to wall accents and more. So depending on your niche skills, you may need to purchase raw materials and other machinery. 

You can run this business on your own to cut operating costs, or you can hire one or two people to assist you with making customised home decor.  

The target market is huge, and there is a need for good marketing to make this business successful. You can find your target customers on social media platforms like Facebook, Instagram, TikTok, and more to improve the success rate of this business idea. You can also collaborate with interior designers for referrals. 

Home decoration and decor is a fast-growing market, and there is great potential in this business. Through effective marketing and unique customised designs, this business can be quite successful with very little investment. It is an excellent return on investment, where you can make a profit of about 20% based on the items you make.

7. T-Shirt/Mug Making Business

If you want to start a business with an investment of less than Rs. 1 lakh, then a T-shirt printing or mug printing business is a great choice. There are many opportunities for these two business ideas, as there are many companies or other businesses that want custom-made T-shirts or logos. T-shirts or mugs with customised prints or photos are also popular, and there are endless possibilities in this business. However, it is a business idea that suits cities as they follow the latest trends. 

This is one of the best profitable business ideas that can start with a basic investment cost of Rs. 1 lakh. The main cost will be for an investment of machinery, and that is dependent on the printing method used, which can be the heat transfer method, direct-to-garment printing, vinyl printing, screen printing, etc. The other ongoing costs will be for renting a space, procuring materials, paying staff salaries, and paying electricity bills. 

Making sure you have enough money available to start your business is made easier by being aware of the necessary tools, machinery, and raw materials. The equipment needed for T-shirt or mug printing are:

  • Heat transfer paper
  • Sublimation paper
  • Heat press machine
  • Computer sets
  • Photoshop software for graphic design
  • Raw materials like mugs, T-shirts
  • Business name registration
  • Trademark registration

You can run this business on your own to cut operating costs if you know the technicalities of printing T-shirts and mugs and are a graphic designer. If not, you will need to hire a person who is adept at it and knows the latest trends in printing.  

People of all ages and genders enjoy wearing t-shirts and drinking from mugs. But the style and designs vary based on age and cultural backgrounds. The target audience can be kids, teenagers, or adults. If you can handle bulk orders, you can also target event management companies, private companies, and more. 

A T-shirt or mug-making business can be one of the most profitable business ideas to be started in India with a minimum investment of Rs. 1 lakh if you have the right marketing strategies and can reach the target audience. The designs should be creative so that they strike a chord with the customers, and the pricing should be affordable to reach all age groups. Add diversity to the business to make it more profitable, and also have the right technical knowledge to make the most out of this small investment business idea. You can use a variety of social media sites to boost the success rate of such business ideas.

8. Customised Greeting Card Business

Birthdays, Valentine’s Day, Christmas, and Graduation Day—the events that call for greeting cards are endless. If you are under the impression that greeting cards are a thing of the past, then you are mistaken. The greeting card industry is worth more than Rs. 250 crore. Also, since the pandemic and working from home for individuals, there has been an upsurge in the customised greeting card market. If you are an artist, a graphic designer, or have the flair to make greeting cards, then you can start this at home with very minimal investment. 

It is one of the top 10 most profitable business ideas that can start in India with low investment, as the initial cost for a customised greeting card business is much less than Rs. 1 lakh and can be as minimum as Rs. 1000. The initial investment includes investing in hardware and software for making the cards and also upskilling on the latest trends and skills. In terms of ongoing costs, there is not much, as you can start this business at home.   

You can make sure you have enough money set aside to start the business by being aware of the necessary equipment, machinery, and raw supplies.

The equipment needed for starting a customised greeting card business is:

  • Inkjet printer
  • Printing Software subscription
  • Raw materials like paper and arts and crafts supplies

If you are a graphic designer or a creative person who is adept at using the latest technology, you can run this business on your own. Once the business picks up and there are more orders than you can handle, you can add one or two people to your team. 

Making customised greeting cards is one of the market’s trendiest industries, and now is a fantastic moment to launch it as a side hustle.  The main target audience for this business is students, teenagers, and young boys and girls. You can also take orders from retail outlets or sell them to local shops where there is a demand for such cards. These can also be sold in online marketplaces or on a social media page or website.

This is an ideal business to start where you can hope to make great profits with a low investment. But for that, you should ensure that the cards are attractive in terms of design and price. Once you gain recognition, the sales can climb, and you can expand your business and make tidy profits as the making costs are low.

9. Cloud Kitchen

The food sector is a thriving industry where there is always demand and opportunities galore. If you have the ambition of starting a restaurant but do not have the risk appetite or the high investment needed for that, you can get into the cloud kitchen business. It is a trend that is popular among many people, and the idea behind it is to offer tasty and hygienic food delivered to the doorstep. This business idea needs very little investment as you do it at home, and the kitchen setup is already available. 

The cloud kitchen business attracts many people and is among the first choices as a small business idea as it has high profit margins and low investment. The capital allocation needed can be as minimal as Rs. 10,000, as a working kitchen setup is already available at your home. The only ongoing costs are for cooking raw materials, staff salaries, and utility bills. Since the initial startup costs are low, it is one of the top 10 business ideas in India to start with a low investment. If you don’t have enough money, you can borrow money from friends or take out a personal loan to start this business.

The equipment and raw materials needed depend on the kind of food you specialise in. The most common are:

  • A mixer-grinder 
  • Pots and Pans
  • Kitchen knives
  • Cooking Range
  • Raw materials for cooking meals

If you are starting in a small way, then all you need is a helper who can do the side work and also help in cleaning the kitchen and utensils. Once you have more subscribers, you can then add a few more chefs who can independently work to get the cooking done and deliver on time.

The target audience can be varied and depends on the demographics you target. For instance, you can cater to school kids by offering a healthy lunch box, elders who want a balanced but limited meal, young gym-goers who want protein-rich food, etc. Depending on your niche skill, you can target one or more of these categories. In order to increase your business’s success rate, you can make use of various social media platforms.

Establishing a cloud kitchen is one of the most profitable top 10 small business ideas one can start in India with a basic investment cost of Rs. 1 lakh, especially among people who are health conscious but don’t have enough time to prepare meals. So if you can provide healthy, nutritious, and tasty food, you are sure to make huge profits. Also, since it is a subscription meal with a planned menu, there is more predictability for you in terms of orders. Once you create a brand for yourself, you can provide your kitchen services to small private companies and other such clients, or even start a small bistro restaurant . 

10. Tutoring Services

Do you love teaching? Then offering tutoring services is a business concept that could be very successful. Not just that, if you have a flair for teaching, you can contribute to children’s education and also guide them to success. You can be a stay-at-home parent, a student, or a teacher. It can serve as a good source of income if you have many students coming in. Starting a tutoring services business is also a worthwhile and rewarding experience, as you can use your experience and skills to help students gain academic success. 

For someone new to the field, a service-based business is the easiest to launch. Any business in which services are sold qualifies as a service business. Tutoring services are a good example of a service-based business with a high possibility of success.

A tutoring services enterprise is one of the most successful business ideas in India, where the initial startup cost is also less. You can start this business based on service at home with close to nothing but a few chairs and tables, and there are virtually no ongoing costs involved. So it is a risk-free business idea that can earn you huge profits as well as a good reputation if you can teach well. 

There are very few things needed to set up this service-based business idea, which include:

  • Chairs and tables
  • A blackboard

This is a service-oriented business idea where you can start as a lone tutor, depending on your subject expertise. If you plan to expand and teach more than a few subjects, you may want to include one or two teachers, depending on the requirements.

The target audience depends on your expertise. You can target young children from the age of 4 and above. If you are a trained middle-school, high-school, or above teacher, you can target students in classes 5 and above, depending on your niche skill. 

Tutoring as a profession is highly rewarding, not just in terms of money but also in terms of quality of life. You can create your schedule and also get vacations when the students are on vacation. It also allows you to network with different people and increases the chances of referral. It is a low-investment business that enriches your life with high returns. Make use of different social media connections in order to improve your rate of success in business.

Advice To Novice Entrepreneurs Seeking Success: Start Small, Aim Big!

Want to be your own boss? Now is the time to do it. Remember, starting small doesn’t mean thinking small. Plus, if you choose from the above list of ideas, you don’t have to break the bank either! Start a pilot programme or only provide a small number of your products or services. Sharpen your skills, create a robust plan, and do your research on how to start a low-budget business in India with a basic investment cost of Rs. 1 lakh and go on to build a business with a promising rate of success.

If you have a budget of Rs. 5 lakhs, we recommend taking a quick look at the business ideas listed in our article that give a comprehensive account of business ideas that can start with an investment under Rs. 5 lakhs .

Frequently Asked Questions About Business Ideas That Budding Entrepreneurs Can Start With Rs. 1 Lakh Investment And Achieve Success

1. are there any business ideas in india that can be started with just rs. 100,000 or 1 lakh.

Yes. You can start a business with a basic investment cost of 1 lakh rupees in India. There is a misconception that to start a business, you will need a huge amount of money. But the fact is that there are many business ideas today that can be started with a capital of less than 1 lakh rupees. 

2. Which business ideas can be started with Rs. 1 lakh in India?

An idea for a business that can be used to make money is typically focused on products or services that can be sold for money. There are many small business ideas that a budding businessperson can start with less than 1 lakh rupees in India. Some of these are tutoring businesses, garment reselling business ideas, greeting card-making businesses, cloud kitchens, jewellery-making business ideas, and more. 

3. How do I start a business with 1 lakh in India?

To fulfill your dream of becoming a business owner, first, identify ideas for business firms that you can start with a basic investment cost of Rs. 1 lakh. After finalising the idea, create a business plan, identify the target market, create a business strategy, secure financing, register your business and apply for licences, hire competent staff, and start marketing your business. Additionally, using social media channels to connect with customers will increase the success rate of your business ideas.

4. What can I do with 1 lakh in India?

You can start a small business with a basic investment cost of Rs. 1 lakh in India. Some of the business ideas that a novice entrepreneur can start are pickle business, tailoring business, garment reseller business, cloud kitchen t-shirt and mug printing business establishments, etc. 

5. Is India a good business place?

India is a beneficial place to start a business as there is a huge consumer market. It has a large middle-class population that is ready to spend on consumer products. Additionally, the government is giving incentives to startups and businesses of all sizes, and the labour costs are also low, making India a great business place. 

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15 best Business Ideas under 1 lakh Rupees Investment

business plan for 1 lakh investment

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.

Table of Contents

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:

Handmade candles:.

business plan for 1 lakh investment

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.

Become a florist:

business plan for 1 lakh investment

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.

Start a baking business:

business plan for 1 lakh investment

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.

Food truck business:

business plan for 1 lakh investment

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.

Start a juice shop:

business ideas

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.

Disposable plates and cups

business ideas

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. 

Tailoring business:

business ideas

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.

business ideas

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.  

Organic soap:

business ideas

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.

Handmade chocolate:

business ideas

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.

business ideas

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.

Tempered glass for smartphones:

business ideas

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.

Ice Cream Cone

business ideas

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.

Event management services:

business ideas

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

Coconut hair oil: 

business ideas

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:

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!

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Vahitha Yasar

Web content writer at OrderZ, excelling in blog writing, proofreading, and creating engaging web content. Her versatile skills extend to crafting impactful social media posts and effective email marketing content for a comprehensive online presence.

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20 Business Ideas in India with a Low Investment of Rs 1,00,000 (1 Lakh)

Pritam Nagrale

Updated on: 09/02/2022

business ideas under 1 lakh

For a country to prosper, its small and medium-size businesses must thrive without government support.

It is always better to become an entrepreneur rather than staying content with a regular 9 to 5 office job. Today more and more people are looking to start their own business instead of working for someone.

If you want to start a business with a tight budget, here are some excellent business ideas, you can start in India with an investment of Rs. 1 lakh.

20 Business Ideas Under Rs 1 Lakh

It doesn’t matter what educational qualification you have or whether you are currently employed or unemployed. Anyone with Rs 1 Lakh in their hand can start one of the following 20 new and latest businesses mentioned below.

You can choose any business according to your expertise in a given field.

1. Food Truck

Food Truck

The most accessible and profitable business to start is a food truck . In India, the Food Truck business is over $3 billion. You, too, can tap into it.

You can quickly start this business with an investment amount of Rs 1 lakh. A significant chunk of your investment will go into getting licenses and permits .

Other expenses like procuring raw material, workforce, and commercial vehicles wouldn’t cost that much. You don’t have to buy a four-wheeler as you can rent it.

As far as workforce is concerned you and 2-3 members of your family would be enough. You can tie up with a vendor for a discounted price for raw materials.

2. Food Catering Business

If you find the food truck business a bit difficult to start, you can start a food catering business. Here you prepare various dishes on order and then deliver them to customers at their doorsteps.

You don’t need a special license or permit like a Food Truck business. However, you do require a catering license.

For occasions like marriage, birthday parties, anniversaries, etc., people will order main course dishes from you, and you need to deliver them on time.

To get started, you just need a kitchen, raw materials, a few staff members, and a budget for marketing (like distributing pamphlets and sticking bills).

3. Tiffin Distribution Service

Tiffin distribution service requires a small investment compared to Food truck and catering businesses.

You just need to have

  • Basic Kitchen Facilities
  • Tiffin Boxes
  • Serving Equipment
  • Utensils and Table Cloth etc., to get started.

You don’t have to worry about the raw materials and cooking expenses because you deliver the Tiffin on others' behalf.

To get started!

  • Select Your Target Area
  • Register your Tiffin Business
  • Get a Catering License
  • Obtain Necessary Equipment

4. Tea Stall, Snack Joint and Fruit Juice Kiosk

Tea Stall

This is a trendy business after the huge success of Yeole Amrutulya, Chai Sutta Bar, and MBA Chaiwala. I don’t think you need anything extra to know about starting a tea stall, a snack joint, or a fruit juice shop.

Three important things to get started are the following.

  • Choosing a right location
  • Procuring Raw material
  • Renting a Space

The best part of this business is you don’t need any extra license.

5. Milk and Vegetable Distribution Business

India’s milk industry stands at around Rs 5 lakh crores a year. You, too, can get a share of this pie. You can start a milk supply business in your neighborhood and earn a decent profit.

Either you can acquire milk directly from the nearest dairy farm, or you can tie up as a dealer with a milk processing company.

You need to choose the right kind of milk to supply. Regular pasteurized packet milk can give you the best profit margins.

Then you have to find buyers. They can be local homes and various tea vendors in your area.

You will require the following things.

  • Acquiring a Business Permit
  • Delivery Vehicle – For starting, you can rent a three-wheeler.
  • Milk Coolers – Before acquiring in bulk, you can buy one or two coolers.

6. Tailoring and Laundering Business

Tailoring and laundering business requires a meager investment amount. For opening a tailoring shop, you just need a few sewing machines and a staff of 3 to 4 people.

You can also launder and iron clothes. For laundering, you can tie up with a DhobiGhat, where clothes can be laundered in bulk for a cheaper rate. Tailoring and laundering business is very easy to get started.

7. Newspaper Distribution

The newspaper Distribution business is very profitable because margins are significant. A newspaper vendor earns profit in two ways.

  • 30% – 40% commission for per copy. For example, a newspaper like the Times of India worth Rs 7 earns Rs 2 as commission.
  • Extra money through paper insertion, for per 100 pamphlets inserted you earn Rs 18/- to Rs 20/-.

As a newspaper vendor, your role will be to collect newspapers from a depot early in the morning by paying cash upfront. If you want more than 4000 copies, you have to pay in advance.

You need two things.

  • Delivery Boys – salary for a bunch of delivery boys.
  • Transportation – Bicycle and Motorcycles.

8. Florist Shop

Florist Shop

Another excellent business Idea is opening a Florist shop. Here in India, flowers are used to present or gift someone on special occasions and used for religious purposes.

Every home or office needs flowers to adorn its small temple inside.

You can procure all kinds of flowers from farmers/wholesale markets for a lower price and sell them at a higher price to customers with a decent profit margin.

9. Office Repair Services – Computer, Chair and Other Furniture

Office repair services are in great need by various offices located in corporate hubs, business centers, and small malls in any given city. Computer Repair service requires expertise in both hardware and software both.

To start a computer repair shop, you need

  • Licensed System Software – Operating System, Device Drivers
  • We have licensed Application Software like MS Office, Antivirus Software, etc.

That’s it. You can get started now.

You can also start office chair repair services with a meager investment. You need essential tools like needle nose pliers, pipe wrench, pry bar, mallet, etc.

10. Pest Control Services

Growing demand for Pest Controllers from homes and commercial buildings has made Pest control service a very lucrative business. If you are able to establish a client base, then your business can thrive in a short period.

Here are the following prerequisites.

  • Business Registration:  You have to register your business as any other business.
  • License Required:  A License for Restricted Insecticides for Commercial Operators from Central Insecticides Board.
  • Tools:  All you need is chemicals, cages, and a net.
  • Workforce:  You need to hire a few certified individuals.
  • Advertisement:  In starting, you got to advertise your business in local newspapers.

11. Real Estate Broker

Real Estate Broker

If you live in Metropolitan cities with good contacts, you can start your Real Estate Brokerage agency.

You earn money by charging each side, the landlord and the tenant. You set them up. You arrange a meeting with the landlord and the tenant; if they agree, the deal is finalized.

As a brokerage for rental, you get the rent for one month, and if it is outright (sale or the property), you get 1% of the amount from both buyers and sellers.

You need an office space and one or two staff for assistance to get started.

12. Marriage Bureau

A marriage Bureau or agency is just like a Real Estate agency. Instead of dealing with landlords and tenants, you deal with people seeking either a bride or a groom.

You fix them up. Your contacts will help people to find their dream partners. And for that, you charge a fee. Although online matrimonial sites are the first choice for partner seekers, offline marriage bureaus have carved out their niche.

13. Day Childcare

Nowadays in cities, both parents, are too busy and can’t look after their child on their own during day time. Hence, they need someone to take care of their child while they are out and educate them.

So Daycare is the best option for them.

For starting a daycare you need following things

  • A license – You have to attend classes and get a certification for clearing the final inspection.
  • Adequate Space (you can even begin from your home)
  • Basic Facilities like fenced and protected area, Play yard, kitchen for snacks, clean bathrooms
  • A little bit of Advertising

14. Tuition and Hobby Classes

Tuition classes, also known as coaching centers, are prevalent all around the country. It's an excellent home business idea for women. You can start taking classes for students studying in 10 th through 10+2 classes.

You also prepare them for various competitive exams in your coaching center. Apart from regular courses, you can also teach students music, coding, guitar, dance, acting, painting, etc.

Starting a tuition or hobby class requires office space for 20 to 30 students, but you can start this from your home if you have good space. You can also take online tuition using various online teaching tools . Later on, you can scale your business and look out for a much bigger space.

15. Cricket Coaching Center

Cricket Coaching Center

A cricket coaching center can be a very lucrative business. However, it is somewhat different than hobby classes. For many, cricket is not just a hobby but a passion.

If you live in a city like Mumbai or Delhi, you can think of starting a cricket coaching center where you can attract a lot of young cricketers from upper-class backgrounds.

However, to start a cricket coaching center, you will need some cricketing background and a significant ground for playing. Money that you can earn is much greater than Tuition or hobby classes.

16. Party Planning Services

You help people to organize their birthday parties and get-togethers smoothly.

You arrive before the event and organize everything from arranging tables to decorating the walls with streamers to handling caterers and photographers.

You need an office and advertising to get started with this business.

17. Dietary Consultation Services

Dietary Consultation

If you come from a health and fitness background, you can offer dietary consultation to clients offline and online. This is a perfect home business for women.

However, you have to establish yourself first and find new clients for your business. You consult them for the proper diet and nutrition needed to stay in great shape.

The best part of this business is consulting your clients online through Zoom, Google Meet or Skype without meeting them.

18. HR Services

If you have worked for MNCs, you would know the importance of hiring the right kind of employees. As an HR (Human Resource) firm, you can tie up with various MNC’s and help them recruit the right kind of employees with the necessary skill sets.

You get a commission upon each hiring done by the company. To start an HR business, you don’t need much office space and a budget for advertising in various newspapers.

19. Freelance Services – Writing, Designing, Developing etc

In this article, business Ideas are not just offline but online also. If you want to start an online business with an investment of Rs 1 Lakh, then you can start freelance services.

The best one is freelance writing for others. Similarly, you can design a website or create a logo or fix someone’s problem online. You don’t require any other type of investment except a computer with an Internet.

20. SEO Services

SEO (Search Engine Optimization) services are the most popular and profitable business to start if you come from an online marketing background.

Digital marketers can offer SEO services to their clients by helping them to rank their website high on the Google Search page and earn a considerable amount of money quickly.

However, a good SEO expert has to know every aspect of the SEO techniques for delivering desired services to their clients.

So these are 20 business ideas you can start with a low investment of Rs. 1 lakh. Once again, I’m reiterating that you should do a business according to your skills, knowledge, and experience in a given line of work.

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7 Profitable Business Ideas under 1 Lakh in India

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Surabhi Guleria

  • May 11, 2023

7 Profitable Business Ideas under 1 Lakh in India

Wondering what are the best business ideas under 1 lakh that you can start? Let us read the article to know about it.

Starting a business is a dream for many, but the high cost of setting up and running a business can often be a barrier. However, it is possible to start a successful business with a budget of just 1 lakh. There are various low-investment business ideas that can be started with this budget and can provide a good return on investment. In this blog, we will discuss 7 profitable business ideas that can be started under 1 lakh in India.

Reasons Why To Start A Business Under 1 Lakh In India

business plan for 1 lakh investment

There are several reasons why starting a business under 1 lakh in India can be a great opportunity:

  • Low start-up cost : One of the main advantages of starting a business with a budget of 1 lakh is that the start-up cost is relatively low, making it easier for first-time entrepreneurs and those with limited financial resources to start a business.
  • Flexibility : Many of the business ideas that can be started under 1 lakh in India offer a great deal of flexibility, allowing entrepreneurs to work from home and set their own schedules.
  • High demand : Many of the businesses that can be started under 1 lakh in India are in high demand, including online tutoring, home-based bakery, and pet care services, to name a few.
  • Room for growth : These businesses have the potential for growth and expansion in the future, as demand for their services continues to grow.
  • Government support : The government of India provides various resources and support systems for small businesses, including funding programs, business incubators, and support from local business organizations.
  • Potential for profitability : With careful planning, effective marketing, and cost management, these businesses have the potential to be highly profitable.

Starting a business under 1 lakh in India is a great opportunity for those looking to turn their passion into a profitable venture, and for those who want to be their own boss and have the freedom and flexibility to work on their own terms.

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Profitable Business Ideas Under 1 Lakh

Let us look at some of the best business ideas under 1 lakh that can be started in India in detail.

Food Delivery Business

Food Delivery Business

With the rise in food delivery services, starting a food delivery business can be a profitable option. You can start by partnering with local restaurants and delivering food to customers in your area.

The total cost of starting a food delivery business, including purchasing a vehicle and the cost of setting up a website, can be around 50,000 to 1 lakh.

Home-Based Bakery

The second one on the list of business ideas under 1 lakh is a home-based bakery. If you have a passion for baking, starting a home-based bakery can be a lucrative option. You can start by baking and selling cakes, cookies, and other baked goods from your home. The cost of starting a home-based bakery, including ingredients and equipment, can be around 50,000 to 1 lakh.

Event Planning

Event Planning

Event planning is a profitable business idea that can be started with a budget of 1 lakh. You can start by planning and organizing small events like birthday parties, anniversaries, and corporate events. The cost of starting an event planning business, including marketing and advertising, can be around 50,000 to 1 lakh.

Online Tutoring

This list of business ideas under 1 lakh is incomplete without this. Online tutoring is another business idea that can be started with a budget of 1 lakh.

You can start by offering tutoring services in subjects you are knowledgeable in. The cost of starting an online tutoring business, including marketing and setting up a website, can be around 50,000 to 1 lakh.

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Personal Fitness Trainer

If you are passionate about fitness, starting a personal fitness trainer business can be a profitable option. You can start by offering personal training services to clients in your area. The cost of starting a personal fitness trainer business, including equipment and marketing, can be around 50,000 to 1 lakh.

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Home cleaning services.

Home Cleaning Services

Home cleaning services are a business idea that is in high demand and can be started with a budget of 1 lakh. You can start by offering cleaning services to homes in your area. The cost of starting a home cleaning business, including equipment and marketing, can be around 50,000 to 1 lakh.

Pet Care Services

Pet Care Services

The last one on the list of business ideas under 1 lakh is related to our furry best friends. Pet care services is another business idea that can be started with a budget of 1 lakh. You can start by offering pet care services like pet grooming, pet sitting, and pet walking. The cost of starting a pet care business, including equipment and marketing, can be around 50,000 to 1 lakh.

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How can lio help with your business ideas under 1 lakh.

To make your dreams come true of having a business of your own and managing it nicely, Lio App can help you big time. The app lets you keep all sorts of data together in a more organized manner. You can keep records, and create tables and lists while working solo or with a team.

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The many features of Lio would help you with your retail business as you would be able to maintain all data on a track that you can use at any time. If you want to upload a document, then you can do that. Know the money transactions, cash inflow, profit and loss you are making, Udhaar, list of product s, services, and even the teammates and clients that you have all in one place. 

Your retail business ideas will certainly become successful businesses if you go on this journey of managing your business with Lio.

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In conclusion, starting a business with a budget of 1 lakh in India is a feasible and achievable goal. With careful planning and research, it is possible to start a successful business that can grow and expand in the future.

There are several business ideas that can be started with a budget of 1 lakh, including a home-based bakery, online tutoring, and pet care services, to name a few. It is important to consider market demand, competition, and legal requirements when starting a business, and to take advantage of available resources and support systems.

Whether you are a first-time entrepreneur or looking to start a new venture, starting a business under 1 lakh in India can be a great opportunity to turn your passion into a profitable venture.

Frequently Asked Questions (FAQs)

Are there any legal requirements to start these businesses in india.

Yes, there are various legal requirements that need to be fulfilled when starting a business in India. This includes obtaining necessary licenses and permits, registering the business, and adhering to local regulations and laws. It is important to research and understands the legal requirements in your area before starting a business.

Is it possible to expand these businesses in the future?

Yes, it is possible to expand these businesses in the future. The success and growth potential of these businesses depend on various factors such as market demand, competition, and effective management.

Can I start these businesses from home?

Yes, many of the business ideas discussed in this blog can be started from home, including home-based bakery, online tutoring, and pet care services.

What kind of support and resources are available for businesses started under 1 lakh in India?

There are various resources and support systems available for businesses started under 1 lakh in India. This includes government grants and funding programs, business incubators, and support from local business organizations.

How much can I expect to earn from these businesses?

The earning potential of these businesses depends on several factors the size of the business, location, marketing efforts, and competition. On average, these businesses can provide a good return on investment, with the potential to earn a profit of 2 to 5 lakhs per year.

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Home » Earn Online » Small Capital, Big Opportunities: 30 Low Investment Business Ideas

Small Capital, Big Opportunities: 30 Low Investment Business Ideas

low investment business ideas

Table of Contents

Many individuals dream of establishing a successful business. However, the idea of investing their life savings in one shot deters them from pursuing their dreams. The idea of starting a small investment business is great option, provided they have a solid strategy to make their business work.

As per Statista, there are already 186 million businesses worldwide. Therefore, one must have a unique and practical business idea to succeed in the industry. Today, we will look at 30 small investment businesses to help businesses to grow without investing huge capital.

List of Low Investment Business Ideas

Here are the top 30 low-investment business ideas that don’t require a massive investment:

Food & Beverages Business

Cakes and other bakery items are always in great demand. Many small entrepreneurs sell cakes, pastries, and other baked goods from their homes and make good earnings with this low investment business ideas.

Most of the items required to bake cakes and other baked products can be ordered fresh from the market. Therefore, there is no need to stock up on any raw materials.

2. Food Truck

Food trucks are trendy as people love to eat snacks, fast food, and pizzas. To start a food truck business, one can purchase an old truck. Fresh supplies of veggies, pizza bases, mayonnaise, etc., would be required to keep the orders rolling.

The funds required to execute this low-investment business idea might be slightly above Rs. 1 lakh, but an intelligent entrepreneur might even be able to manage everything within this budget.

Related: 41 Best Food Business Ideas in India

3. Selling Homemade Food Items

Homemade items are in high demand nowadays because people want to eat healthy food. Therefore, one can start selling homemade pickles, jams, chocolates, and snacks without investing a huge sum of money.

Entrepreneurs can sell homemade food items via social media groups and channels or even launch an app to receive online orders. Its initial investment is less than Rs. 1 Lakh and would be sufficient to start this low-investment business idea.

4. Cloud Kitchens

In India, homemakers have been successfully running the tiffin system in most cities. With time, they are losing the edge due to the food delivery companies like Zomato and Swiggy. Still, they can revive such businesses using social media connections and platforms.

Cloud kitchens are commercial kitchens that accept food orders via online portals and calls. Food delivery companies deliver the food prepared in these kitchens. With sharp business acumen, one can manage all these expenses within Rs. 1 lakh.

5. Food Delivery Business

Starting a food delivery business on a small scale is possible. Many caterers and restaurants require delivery partners who can deliver their orders. Investing in a second-hand vehicle can help one start a food delivery business with a minimum investment.

Purchasing a van would cost up to Rs. 1,00,000. If this low-cost business ideas works, one can handle multiple consignments simultaneously.

6. Vegetable Business

The vegetable business is one of the high-profit business ideas that requires an initial investment of less than Rs 1 lakh. In today’s world where everyone is health conscious, they are looking for suppliers of fresh vegetables.

Looking at the demand of consumers for home delivery service, instead of opening a vegetable shop, you can start selling vegetables from door to door, which will be more profitable.

Education Business Ideas

7. tutoring.

Online classes have seen a boom since the pandemic and many students are seen taking online classes. Spoken English, essay writing, drawing, or any other online class can be a good business idea to earn passive income.

There is no need of huge investment to start this low investment business ideas. You can also take online tuition where you just need to invest in good PC and Wi-Fi.

Related: Easy Steps to Start an Online Tutoring Business

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8. Sell Courses

Selling courses is one of the most profitable business ideas, as one can start it with minimum investment. You must have enough knowledge about a specific domain or anything that gets enough audience onboard.

For instance, a trading expert can create online courses for intraday or F&O trading. Homemakers who can cook well can create an online cooking course. They can set a price for subscribing to or downloading the course online.

9. Career Counselling

Someone with excellent academic credentials or an academician by profession can start an online career counselling business. Career counselling means guiding young students to choose the right career and playing a mentor to shape their careers.

No initial investment is required to start the innovative low-investment business ideas. You can also take online career counselling and charge based on class level.

Health & Fitness Business

10. yoga instructor.

Most people are passionate about health and fitness. Hence, a person having proper knowledge of yoga and meditation can start taking yoga classes.

The best thing about starting a yoga class is that it requires no initial investment. They can use the basement of a building, an open terrace, or a living room to provide yoga training. Therefore, there is no need to purchase or rent any space for this low-investment business.

11. Fitness Classes

Starting a fitness class can be a lucrative low-investment business idea as one doesn’t need to purchase a space to start this business. They can use a lawn, terrace, or even a playground for conducting regular fitness classes.

They can then reach out to more people interested in joining such classes through social media channels and fitness communities. The fitness classes can include Zumba dance sessions and many other physical activities to keep the fit.

12. Dietitian

Nowadays people are health conscious and like to stay fit. That’s why the demand for dietitians increased. A nutritionist business can flourish even with low investment. You can suggest different diets based on people’s health conditions, dietary preferences and fitness goals. Later, on you can expand your business by manufacturing dietary products, giving consultation, arranging health clubs and seminars.

Designing & Apparels Business

13. jewellery business.

The jewellery rental business does not require a huge investment and can be easily managed under an investment of Rs 1 lakh.

You can keep a stock of artificial jewellery and sell or rent them as required. This is one of the excellent small investment business ideas that does not require huge investment. Along with artificial jewellery, you can also sell or rent draperies like sarees, sherwanis, coats and other apparel and accessories.

14. Fashion Designing

Fashion designing can be a business if a fashion designer thinks like an entrepreneur. The global apparel market is growing every day. Hence, there is a vast scope for fashion designers who can design kids’ wear, bridal wear, luxury wear, men’s wear, etc.

You can tie up with leading clothing brands and charge a reasonable fee per design. The initial investment will go into procuring the graphic design solutions needed to showcase the designed products.

Also Read: Fashion Designing Course

15. Footwear Designing

There are many people who are only likely to invest in good shoes that not only give them comfort but also look good. Hence, if you have a passion for shoes, then you can start a shoe-designing business. Research your competitors and understand the market and build your business strategy on it.

You can deal with a variety of customers or find a specific niche in kids’ shoes, women’s or men’s shoes, sports shoes, casual or formal shoes etc. Alternatively, you can start a footwear business from scratch or buy an already existing franchise to run.

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16. Clothing Business

The t-shirt printing business is a lucrative business idea for those who want to start a company with a budget of Rs. 1 lakh. Smaller printing machines that cost a few thousand are available in the market.

One can even start a clothing business online by designing clothes. Those who create their designs can contact a c lothing manufacturer that accepts a minimum MOQ (Minimum Order Quantity) for startups. Or else, it is possible to purchase readymade clothes from the wholesale market, fix a label, and sell them at your price on an online site or mobile app.

17. Boutique

Anyone can start a boutique with minimum investment. People, especially women, love shopping from fashion boutiques instead of purchasing clothes online or in malls. It would be even better if an entrepreneur sold hand-designed clothes. Social media platforms can tap into the local demand that increases during festivals and the wedding season.

A small collection of dresses and apparel would come within Rs 1 lakh. If the entrepreneur does not have a commercial space, they can set up the boutique in their own house.

Media Business

18. graphic designer.

Graphic designers can start an online business by taking orders for social media posts, logo designs, and other designs required for marketing and other purposes.

If a person does not have the required graphic designing skills, then they need to make a small investment in professional designing courses or invest in hiring professional designers.

Related: How to be a Successful Freelance Graphic Designer?

19. Digital Marketing Agency

Starting a digital marketing agency is one of the high-profit business ideas because it requires minimum investment. An entrepreneur can start this agency with solo or with partners who have a fair knowledge of digital marketing, content creation, and graphic design.

The initial investment can be in software, marketing tools, and other setup required to promote a business online. Small investment would go into purchasing licensed editing software, paid marketing tools, and a laptop.

20. Affiliate Marketing

Affiliate marketing is one of the lucrative businesses as one needs to promote products of popular brands on their website. However, those who don’t have a blog or website can also start affiliate marketing by signing up for an affiliate marketing program like the one offered by Amazon.

The affiliate marketer earns a commission each time a customer purchases through one of these links. An entrepreneur can on creating a website or blog that receives enough traffic daily.

21. Website Designing

Website designing can be one of the best low-investment business ideas if you are dedicated to helping businesses provide the best website design. It is a profitable business as every organization has an online presence and needs a good web design to attract their customers.

Before starting a website design business make sure your company have a proper business objective, provide a unique design niche to attract customers, and set valuable rates for your services.

22. Photography / Videography Business

Nowadays people like to document their happiest moments which eventually increases the need for a good videographer. Along with taking assignments to parties and functions, you can also click product photos for the business.

The photography/videography business does not require much investment. All you need is a good budget camera and editing software to get started.

Other Low Budget Business Ideas

23. real estate business.

Real estate broker is a low-investment business idea as the broker does not have to invest in anything except for his knowledge of the local residential and commercial properties.

Generally, brokers rely on their contacts, but new-age brokers also use social media and the internet to locate earning opportunities. A broker license is necessary for managing this business smoothly, which aspiring brokers might need to spend some money on. Besides that, they do not need an initial investment to fund this low-investment business ideas.

24. Ghostwriting

Another low-cost business idea is writing. Those who can write well can start ghostwriting. Clients and businesses pay more money to ghostwriters. No initial investment is necessary for these low-investment business ideas if the person already has enough writing experience.

As you earn a good income from this business, you can also start a website and hire some writers who can work under you. This low-investment business ideas can be very profitable in the long run.

After completing a beauty parlour and makeup course, you can start a beauty parlour/ salon in your locality. Men who have completed a professional hair-cutting course can also start a men’s salon. Even unisex salons are popular these days.

You will have to invest a small amount in arranging the equipment or can also take a helping hand, space is not necessary for the salon. Alternatively, you can also provide the service at the customer’s home or even in your home.

26. Start a Driving School

There always will be people who wish to get driving lessons from a professional. You can open a driving class and teach others how to drive and get paid for the same.

Driving classes can be expensive for most people. However, if one starts a driving school with minimum investment, they can only accept the requests of people who already have their vehicles. In this way, one can execute this low-investment business idea without an initial investment.

27. Event Management Company

Event management companies typically manage major events, such as weddings, concerts, and other large events. However, an entrepreneur can start this as a low-investment business by accepting orders for small parties or school and college functions.

You can expand their business and pump more money into it. An initial investment of a few thousand can help you know the market before investing more to manage bigger orders.

28. Reseller

In India, OLX and Quikr are famous for selling used products online. Some people also use social media platforms to sell their old furniture, vehicles, etc.

It could be a great online business if one finds a regular source for refurbished items and used products. This low-investment business idea does not need any initial investment. However, as the business grows, the seller can invest to develop a website to sell these products easily.

Related: How to Start an Online Reseller Business

29. Digital Publishing

Online publishing or publishing is gaining popularity today as most writers are moving towards self-publishing. If you are a book enthusiast then a small investment business of book publishing can be a lucrative business for you.

Initially, you will need to invest in marketing and website building and also work on branding your company. You can start with marketing eBooks, which do not require any printing cost and later expand to paperback printing.

30. Dropshipping

Dropshipping is a successful business with high growth potential. It is a retail business that can operate as an online business and does not require inventory. Hence, this is one of the best low-investment business ideas for which you don’t need to stock products.

Dropshipping business does not require much initial investment so you do not need to worry about purchasing or storing goods. You can sell products directly to customers ordering from multiple suppliers.

Suggested Read: 40 Trending Startup Business Ideas in India 30 Profitable Side Business Ideas Profitable Low Investment Franchise Business Latest Home Business Ideas in 2023

benefits of low budget business

Factors Affecting Expenses in Business

If you have started thinking about the low investment business idea, then you must also know what are the factors that make the business low investment.

Here are some factors that help you keep your business running with less investment.

  • Your business expenses come down with no inventory to manage. You can stock the product and ship it which ultimately reduces your investment and other operational costs.
  • Investing in technology improves your business efficiency which will ultimately reduce costs and increase productivity.
  • You can also start a business which requires selling services like business consultancy, graphic & web designing, content writing etc. As a product, the business needs stocking, manufacturing, shipping etc which adds up to the business expenditure.
  • Focus on your business niche. Focusing your attention on a specific business not only reduces costs but also improves the quality of your service.

Dos & Don’ts of Starting Low Investment Business

Here are some dos and don’ts for a small investment business that you must follow to make your business a success.

Low Budget Business – Summary

Here we come to an end of the low-investment business ideas. You must get information about all the potential businesses where you can invest. Whether the business is small or big, it needs investment as well as dedication to make it successful. You can also gain insight and business ideas through case studies of different successful business owners.

If you are looking to make money online without any investment then Chegg provides you with a great opportunity to become a Q&A expert . You have to answer various questions related to the subject and get paid for each correct answer. This is a part-time job with no prior experience required that will allow you to work comfortably from your home with good pay.

In our Business guide , discover unique business ideas, how to build a successful business from scratch, and learn effective business growth strategies.

Frequently Asked Questions

Businesses related to food, cleaning products or services, t-shirt printing, graphic designing, content writing, etc., can be started with a minimum investment. These low-investment business ideas are profitable because beginners can expand their services easily once their business starts churning a profit. There are some profitable business ideas that can be started online. Such as freelancing business or online tuition classes.

Tea vendors, painters, garages, driving schools, food trucks, etc., are India’s most profitable low-investment business ideas. This is because these low-investment business ideas don’t require a substantial upfront investment. Some of these low-investment business ideas can also be commenced without any investment. You can also start low budget business online which requires less money and will be more profitable.

Here are the top five low-investment business ideas that one can start in India: 1. Selling second-hand vehicles 2. Starting a makeup Parlor or salon 3. Selling vegetables or fruits 4. Daycare services 5. Online tutoring You can also start a freelance business, online publishing house, etc. Besides these, beginners can also try the low-investment business ideas that are mentioned in this article.

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100% Success Rate Business Ideas that Can be Started with 1 Lakh in 2024

  • Post author: Kanakkupillai
  • Post published: December 7, 2022
  • Post category: Business Tips / Smart Skills

Profitable Business Ideas with Low Budget

Choosing a good manufacturing business idea with less than 1 lakh in 2023 – 2024 is the main key to acquiring success in your small business. That too, if that business idea demands a low amount of investment, then there is no better time than this. There are various business ideas that can be started with 1 lakh and have a 100% success rate worldwide. A business idea is a concept that can be used for financial gain that is usually centred on a product or service that can be offered for money. An idea is the first milestone in building a successful business.

The easiest business to start is a service business, especially for a beginner. A service business is any business where you sell services. In other words, you sell your skill, labour or expertise instead of products or goods. If you don’t have any startup capital, plenty of business opportunities remain there. Most of them are ways to make money online by offering digital services. The businesses with the best chances of success tend to be service-based, not product-based. With a service-based business, such as lawn care or dog walking, your focus is generally local instead of national, which means less competition.

A business plan with a low amount of investment is not only enough to start a business. You may have a cluster of business ideas, but making those ideas happen is all business demands. And sometimes, those ideas make you switch to a different decision; this usually happens due to a lack of proper direction. This is the stage where most aspiring businessmen struggle to catch up with a balance to reach their success. You might have heard many aspiring businessmen’s stories filled with struggles at the beginning of the business, especially with investments and ideas. They reach the fruit of success because of their hard work, confidence and innovative ideas. To run a business successfully, you need the utmost determination and confidence, and you have to be very clear about the business plan before you land in an entrepreneurial arena. To make the hustle easier, here are some business ideas that can be started with less than 1 lakh investment and has a 100% success rate.

  • Handmade candles
  • Incense sticks (Agarbatti)
  • Buttons and Designer lace and Shoelaces
  • Ice cream cones
  • Handmade chocolates
  • Disposable plates and cups
  • Organic soap
  • Coconut hair oil
  • Tempered glass for smartphones
  • Event management services
  • Home Tutoring
  • Online Advertising
  • Paper Bag, Cloth Bag, or Jute Bag Making
  • Chocolate Making
  • Marriage Bureau
  • Beauty Parlour
  • Consulting Business
  • Web Maintenance Service
  • Freelancing
  • Cosmetic Production
  • Gym Business
  • Life Coaching
  • Laundry services
  • Tailoring business
  • Baby Sitting

1. Handmade Candles

100% success rate Business ideas that can be started with 1 lakh in 2021

Making Pickles are also another traditional small business idea, and it is extremely popular in India. You cannot find any home without at least one variant of a pickle. Therefore, a pickle business is an easy and safe option if you want to start with a low investment. Not only in the Indian market, but the demand for Indian pickles is high abroad also. Approximately Rs 20,000-Rs 25,000 of capital is enough to start the business, and with your innovative ideas, you can make it BIG in future.

3. Incense Sticks (Agarbatti)

India’s incense sticks business is growing due to the large demand abroad. The exporting business of incense sticks has also grown due to the rising popularity of meditation in many countries worldwide. The cost of automatic and semi-automatic agarbatti-making machines starts from Rs 50,000 and can be used for bulk production.

4. Buttons and Designer Lace and Shoelaces

Buttons and designer lace are the essential fixings and trimmings used in the garment industry. With emerging fashion trends, they have huge market potential.  Laces and buttons are always in demand and exported to different countries; this is a good option for individuals who want to start a business with low investment. You need a small space to start this business with a low investment of about Rs 25,000-Rs 50,000.

5. Ice cream cones

100% success rate Business ideas that can be started with 1 lakh in 2021

6. Handmade Chocolates

Chocolate is not only a mood lifter but also a stress buster, and when it comes to chocolate, India is on top of the consumption chart. As per Mintel , the selling of chocolate confectionery in retail markets has gone to a 13 percent hike between 2015 and 2016 in India. An approximate investment of Rs 40,000-Rs 50,000  is needed to purchase the raw materials and packaging materials. However, if you want to start it bigger, the cost may rise to Rs 2 lakh-Rs 3 lakhs approx. This business is also one of the best options who want to start a business with low investment, and this particular business holds a good range of success rates and profits.

The manufacturing process of noodles is simple and requires basic ingredients like wheat flour, spices, salt, starch, sugar, vegetable oils, etc. You can find semi-automatic and fully automatic noodle-making machines in the market. Making noodles is not that tough, and the demand for noodles is always stable. With innovative and creative ideas, you can make the noodle production differently to attract customers as the noodles are cut into any shape and size. Basic low-capacity noodle-making machines cost about Rs 40,000, and the premium ones cost about Rs 1.5 lakh.

8. Disposable Plates and Cups

There are no events, picnics, functions etc., without disposable food-grade plates and cups. They are used extensively by street vendors and hawkers.  Due to the inexpensive cost and rising demand, the market for disposable food-grade plates and cups has matured. They are the first option in many places, and the investment needed to start this business is about Rs.50,000. The major part of the investment is to purchase disposable plate-making machines.

9. Jute Bags

With the world moving to a ‘no plastic’ earth, this is the right stage for a jute bag manufacturing business. Usage of these biodegradable and reusable “golden fibre” products is increasing daily.  The jute bag and jute production-making process are easy and simple. And to start up this business, a low capital investment of around Rs 50,000-Rs 1 lakh is enough. You can start this jute bags and products business in a small area of about 500 sq ft.

10. Organic Soap

100% success rate Business ideas that can be started with 1 lakh in 2021

11. Coconut Hair Oil

People are more conscious of using oil, and most prefer to use natural products. And they don’t have second thoughts about paying a premium for quality natural products regarding their beauty and health. Therefore, starting a small business making coconut hair oil is a good idea, as its investment is also low at about Rs 1 lakh.

12. Tempered Glass for Smartphones

India’s Smartphone market is rising despite the global market coming inside the hand. According to International Data Corporation (IDC) , the Indian market saw a shipment of 32 million units in 2019. Among many Smartphone accessories, tempered glass is in big demand; these are made in high-temperature machines and must be passed in tests like breaking hardness and dimension checks. Being one of the essential components for smartphones, starting a Tempered glass manufacturing business is a good option, and the cost to start this business is around Rs 75,000 and Rs 1.5 lakh for high capacity.

13. Event Management Services

The event management service business is one of the booming businesses in this present busy lifestyle. To start this business, all you need is good contact with members who can help you in arranging the event; for example, if you need to arrange a marriage event, you should have good contact with a catering service person, decoration business owner, DJ person and so on who always available for you to make all the arrangements on time. By organizing parties, you will get event handling fees in which you need to keep the event with appropriate décor, arrange catering, call photographers and so on. Small office space and good contacts to coordinate arrangements to organize the event smoothly are enough to start this business. In that way, it is easy to start this type of business within 50 thousand to 1 lakh of investment

14. Home Tutoring

Home tutoring services are one of the best ways to start your business with little investment. You can provide online courses to the students at convenient evening hours. Just a small space with reading furniture is enough to start this business, or you can also do this business online by recruiting the subject teachers for online tutoring through your online medium or a website. Starting with online or in-house tuitions with young ones can help you find the right path and platform to flourish. A negligible investment is required to start this business for setting up the working space and some advertisements.

100% success rate Business ideas that can be started with 1 lakh in 2021

16. Online Advertising

Online advertising is one of the best of many businesses to opt-in these days, as this online medium will help reach a wide audience range. In that way, starting your own online advertising business is certainly a profitable option, as you can also provide various online services such as website designing, PPC advertising, SEO service, Social media marketing, e-mail marketing and content marketing. The investment needed to start this type of business won’t exceed 1 lakh.

17. Paper Bag, Cloth Bag, or Jute Bag Making

With the bang around the danger of plastic usage, fabricating or manufacturing cloth bags, paper bags, and jute bags is an eco-friendly business. With proper advertisements and the fabrication of reliable bags, you will land up with a pretty profitable business.

18. Chocolate Making

Chocolate Making is a small-scale home-based business that will help apt business for women. You only need raw materials such as chocolate cream, mould, and packing material to start this chocolate-making business. This is one of the sweet businesses which can be started with less than 1 lakh of investment. However, at the initial stage, you must spend on advertising and marketing.

19. Marriage Bureau

Marriage Bureau is another low-investment business idea that can be done from home. A soft-spoken person with good social contacts can make this business a great success . The only important thing needed to start this business is a database of prospective candidates.

20. Beauty Parlour

Starting a beauty parlour is another home-based business idea for women. You can start this business from home, but a proper course is needed before starting this business. The investment needed to start this business is very low.

21. Blogging

If you love writing, blogging is an interesting and profitable business that you can start with minimal investment. All you need to spend is a domain and a good hosting plan. So just, with an investment of INR 5000-6000, you are all set for a blogging business. Blogging lets you make money in many ways. You can sign up with Google AdSense to show ads on your website, do affiliate marketing, write sponsored posts, sell e-books and much more through blogging. Video marketing is also one of the top-growing businesses nowadays. To learn about the power of video marketing, check out Best Video Marketing Tips – Blog, Website, or Business to the next level .

22. Consulting Business

Consulting services can be offered in various fields, such as accounting, auditing, insurance, career, taxes, business, etc. You need to spot your area of expertise and start your consultancy accordingly. Try to get initial customers from your acquaintances and give them the best services so that you can benefit from word of mouth publicity

23. Web Maintenance Service

100% success rate Business ideas that can be started with 1 lakh in 2021

24. YouTuber

Not just money, YouTube can turn you into a celebrity. You can make money through various streams if you choose to be a YouTuber. You can earn money by becoming a YouTube partner, selling merchandise through your YouTube Channel, or creating sponsored content. There are options where your fans can pay you directly. If you are a viral content creator, you can make money by letting media houses use your content and get paid.

25. Freelancing

Freelancing means working from anywhere as self-employed. No long terms bond. This business needs Zero rupees Investment. This business requires a laptop, internet connection, and English language ( for the foreign project).

26. Bookkeeping Services

Nowadays, most companies use accounting outsourcing, which is much cheaper and of higher quality. Moreover, it does not overload its employees. Therefore, if you have a couple of competent financiers and accountants and the opportunity to prove the quality of your work, then you can provide such services.

27. Event Planning

In this area, emotions, openness, imagination, and the ability to improvise are important. And if you have many unrealized ideas for the events in your head, then it’s even perfect. For a start, you can organize events for relatives, friends, and acquaintances, giving you experience and providing advertising.

28. Cosmetic Production

In the era of skincare, people want their skin to remain flawless. For a start, you might spend a huge amount of money trying to learn it, but a while after, it pays because you will never run out of lucrative business ideas. And if in turn, you produce perfect skincare, your customer will continue returning.

29. Gym Business

We are in the era of self-care, where people want to stay fit for their own purpose and for superficial social media beauty standards. The gym is a good lucrative business idea, but you need a huge capital to set up the business, and government loans can come in handy.

30. Life Coaching

If you successfully navigated through lives against all odds, many people need advice on navigating through their own lives. Your help with life coaching might come in handy.

31. Laundry Services

Laundry businesses in India easily make around 35,000 to 50,000 Rupees every month. In small towns and cities, the profit remains close to between 17,000 to 45,000 Rupees. Hence, laundry business investment is a good business opportunity.

32. Tailoring Business

A tailoring business, like the food business, is one business that will always be profitable. This is because tailoring is essential – we will always clothe ourselves regardless of the economy. However, profit on tailoring is highly dependent on many factors, especially brand equity.

33. Baby Sitting

People fond of children and like to have leisure time in lots may start a babysitting business. It is to take care of other kids in their parent’s absence. This business is a home-based business offering the clients peace of mind. At the same time, you can look after the little ones and earn good money.

34. E-commerce Reselling

Start an online reselling business by purchasing products at wholesale prices and selling them through popular e-commerce platforms. Identify profitable niches or focus on specific product categories to cater to a target audience.

35. Homemade Food Delivery

Capitalize on the growing demand for healthy and homemade food. Offer a menu of delicious and nutritious meals, snacks, or speciality items and deliver them to customers’ doorsteps. Build your customer base through word-of-mouth and social media marketing.

36. Handmade Products

If you have creative skills, consider producing and selling handmade products. This could include jewelry, accessories, home decor, or personalized gifts. Establish an online store or collaborate with local boutiques to reach a wider audience.

37. Content Writing and Copywriting

If you have excellent writing skills, offer businesses content writing or copywriting services. Create engaging and persuasive content for websites, blogs, social media, or marketing materials. Build a portfolio and market your services through online platforms and professional networks.

38. Social Media Management

Many businesses struggle with managing their social media presence. Offer social media management services, including content creation, scheduling, engagement, and analytics. Develop expertise in popular platforms and stay updated with the latest trends and algorithms.

39. Fitness or Yoga Instruction

If you have a background in fitness or yoga, consider starting your own instruction business. Conduct personalized or group training sessions, either in-person or online. Offer specialized programs like weight loss, strength training, or mindfulness.

40. Mobile Phone Repair

With the increasing use of smartphones, offering mobile phone repair services can be a profitable venture. Learn the necessary repair skills or hire technicians to handle repairs. Establish a physical location or provide on-site repair services.

41. Graphic Design

If you have design skills, offer graphic design services to businesses and individuals. Create logos, brochures, posters, social media graphics, or website designs. Develop a portfolio and market your services through online platforms and professional networks.

Apart from the above business ideas that can be started with 1 lakh and has a 100% success rate, below is the other business idea that can be started with low investment.

  • Sweets and Snacks Shop – Investment cost Rs. 1,00,000
  • Cement Sheet Shop – Basic investment cost – Rs. 1,00,000
  • Event Management Business – Investment cost Rs. 1,00,000
  • Plastic Sheet Shop – Basic investment Cost – Rs. 1,00,000
  • Battery and Inverter Shop – Investment cost Rs. 1,00,000 – 1,50,000
  • Computer Hardware Shop – Basic investment cost Rs. 1,00,000
  • Hardware (Bathroom fitting/pipes/taps etc.) Shop – Investment cost Rs. 1,00,000
  • Fertilizer and Seeds Shop (License Required) –Basic investment cost Rs. Rs. 1,00,000
  • Children Garment Shop – Starting business cost Rs. 1,00,000
  • Seeds and Pesticide Shop(License Required) – Basic investment cost Rs. Rs. 1,00,000
  • Ladies Garment Shop – Basic investment cost Rs. 1,00,000
  • Auto Parts Shop – Basic investment cost Rs. 1,00,000
  • Pick Up Van Hiring Business – Investment cost Rs. 1,00,000
  • Lightning Decoration Business – Investment cost Rs. 1,00,000
  • Computer Shop – Basic investment cost Rs. 3,00,000 – 4,00,000
  • Video Editing and Mixing Business – Basic investment cost Rs. 1,00,000
  • Tiles and Marble Shop – Basic investment cost Rs. 1,00,000

There are several business ideas that can be started with a budget of 1 lakh in 2023, each with its unique opportunities and challenges. With the right strategy and execution, any of these business ideas can achieve a 100% success rate. However, it’s important to carefully consider market demand, competition, and profitability before starting any business venture.

Factors to Consider Before Starting a Business

In the dynamic world of business, finding a venture with a guaranteed 100% success rate is a challenging task. However, by considering certain factors and identifying promising opportunities, you can increase your chances of building a successful business in 2023.

  • Market Research and Analysis: Thorough market research is essential before diving into any business idea. Analyze market trends, consumer demands, and competition to identify gaps and opportunities. Look for emerging industries, changing consumer preferences, and untapped niches that align with your skills and interests.
  • Feasibility Assessment: Evaluate the feasibility of your chosen business ideas. Consider factors such as initial investment requirements, resource availability, scalability, and market saturation. Conduct a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis to assess the viability and sustainability of the proposed venture.
  • Target Audience Identification: Identify your target audience and understand their needs, preferences, and pain points. Tailor your business idea to provide unique value and solve specific problems for your target market. Conduct surveys, gather feedback, and engage with potential customers to refine your offerings and maximize market appeal.
  • Execution and Differentiation: Successful businesses thrive on effective execution and differentiation. Develop a well-defined business plan that outlines your goals, strategies, and operational processes. Emphasize your unique selling proposition (USP) to differentiate yourself from competitors and create a distinct brand identity.
  • Technology Integration: Embrace technology as a catalyst for growth and efficiency. Consider how technology can enhance your business operations, marketing efforts, customer experience, and overall competitiveness. Explore opportunities in e-commerce, digital marketing, automation, data analytics, and other emerging tech trends.
  • Adaptability and Flexibility: In an ever-changing business landscape, adaptability is crucial. Stay agile and open to market shifts, evolving consumer behaviour, and emerging trends. Be prepared to pivot or refine your business strategy based on market feedback and changing circumstances to maintain a competitive edge.
  • Continuous Learning and Networking: Invest in your personal and professional growth by continuously learning and expanding your knowledge. Attend industry events, seminars, and workshops, and connect with like-minded entrepreneurs to gain insights, build relationships, and stay updated with industry best practices.

It’s Time To Be Your Own Boss: Ultimate Guide

Becoming your own boss is an exciting and rewarding journey that allows you to take control of your professional life. While it requires dedication, hard work, and careful planning, being your boss offers the freedom to pursue your passion and create your business success. Here is an ultimate guide to help you embark on the path of being your own boss:

  • Identify Your Passion and Skills: Start by identifying your passions and skills. What are you truly interested in, and what are you good at? Consider your hobbies, talents, and areas of expertise. Being passionate about your work will fuel your motivation and drive your success.
  • Set Clear Goals: Define your long-term and short-term goals. Where do you see yourself in the next five years? What milestones do you want to achieve along the way? Having clear goals will provide you with direction and purpose.
  • Develop a Business Idea: Brainstorm and develop a business idea based on your passions and skills. Research the market to understand its demand and competition. Consider how your idea can solve a problem or meet a need. Refine your concept until it’s viable and unique.
  • Create a Solid Business Plan: Draft a comprehensive business plan that outlines your vision, mission, target market, competition, marketing strategies, financial projections, and operational details. A well-structured business plan will serve as your roadmap and help you secure funding if needed.
  • Build a Professional Network: Networking is crucial for success. Attend industry events, join professional associations, and connect with like-minded individuals. Build relationships with potential clients, partners, mentors, and advisors who can support and guide you.
  • Assess Financial Resources: Evaluate your financial situation and determine the resources you’ll need to start and sustain your business. Consider your personal savings, loans, grants, or potential investors. Create a budget covering all aspects of your business, including operating, marketing, and personal living expenses.
  • Acquire the Necessary Skills: Being your own boss often requires a diverse skill set. Identify the skills you need to succeed in your chosen field and invest in acquiring them. Take courses, attend workshops, or seek mentorship to enhance your knowledge and expertise.
  • Take Care of Legal and Administrative Aspects: Ensure you comply with all legal requirements and obtain the necessary licenses and permits. Register your business with the appropriate government agencies and understand the tax obligations. Consider consulting with a lawyer or accountant to guide you through these processes.
  • Establish Your Brand: Develop a strong brand identity that reflects your values, mission, and unique selling proposition. Design a compelling logo, create a professional website, and establish a consistent brand voice across all communication channels. Build a strong online presence through social media platforms and content marketing.
  • Start Small and Scale Gradually: Take small steps to test your business idea. Launch a pilot project or offer your products/services on a limited scale. Gather feedback, evaluate results, and make necessary adjustments. As you gain traction and confidence, gradually expand your operations and reach.
  • Prioritize Time Management: Being your own boss requires excellent time management skills. Create a schedule and stick to it. Set realistic deadlines and goals. Delegate tasks whenever possible and leverage technology to streamline your processes. Prioritize your most important tasks and avoid procrastination.
  • Embrace Continuous Learning: The entrepreneurial journey is a continuous learning process. Stay updated with industry trends, consumer behavior, and emerging technologies. Seek feedback from customers and adapt accordingly. Attend workshops, conferences, or online courses to stay ahead of the curve.
  • Build a Support System: Surround yourself with a supportive network of friends, family, mentors, or fellow entrepreneurs who can offer guidance, encouragement, and accountability. Join entrepreneurial communities or mastermind groups to connect with like-minded individuals and share experiences.
  • Embrace Failure and Learn from It: Failure is inevitable in entrepreneurship. Embrace it as a learning opportunity rather than a setback. Analyze your failures, identify the lessons, and use them to improve your business strategies. Persistence and resilience are key qualities of successful entrepreneurs.
  • Maintain a Healthy Work-Life Balance: As your own boss, it’s easy to get consumed by work. However, it’s crucial to maintain a healthy work-life balance. Set boundaries, take breaks, and make time for family, hobbies, and self-care. Remember that your well-being is essential for long-term success.

Startup Registration in India: Your Path to Entrepreneurial Success

India has emerged as a thriving startup ecosystem with numerous opportunities and support systems. Registering your startup in India offers several advantages, including legal recognition, access to government initiatives, financial benefits, and enhanced credibility.

Business registration india

  • Legal Recognition and Protection: Registering a company provides legal recognition as a separate entity from its founders. This separation safeguards personal assets and limits liabilities to the business entity, offering protection and minimizing risks for entrepreneurs. It establishes a clear framework for business operations, contracts, and intellectual property rights.
  • Access to Government Initiatives: The Indian government has introduced various initiatives and schemes to support startups. Registering your startup makes you eligible to benefit from these programs, such as the Startup India Scheme, which provides financial incentives, tax benefits, and easier access to funding sources. Additionally, startups can participate in government tenders and procurement processes, opening avenues for business growth.
  • Financial Benefits and Funding Opportunities: Registered startups gain access to numerous funding opportunities, including angel investors, venture capitalists, and government-backed schemes. Investors and financial institutions often prefer to invest in registered entities due to the transparency and credibility offered by the registration process. Furthermore, startups can avail themselves of tax exemptions for a specified period, boosting their financial viability.
  • Intellectual Property Protection: Registering your startup facilitates the protection of intellectual property assets. It enables you to secure patents, trademarks, copyrights, and other proprietary rights, safeguarding your innovative ideas, brand identity, and creations. Intellectual property protection strengthens your market position, deters competitors, and enhances the value of your startup.
  • Business Credibility and Investor Confidence: Startup registration enhances your business credibility and instils confidence in potential investors, partners, and customers. It signifies your commitment to compliance, transparency, and professional conduct. Registered startups often find it easier to attract investments, forge partnerships, and establish trust-based relationships, accelerating their growth trajectory.
  • Network and Collaboration Opportunities: Registering as a startup opens doors to networking opportunities and collaboration with other entrepreneurs, industry experts, and established businesses. You can connect with incubators, accelerators, and industry-specific associations, gaining access to mentorship, resources, and valuable insights. Collaborative efforts can lead to partnerships, knowledge-sharing, and collective growth.
  • Ease of Doing Business: India has significantly improved the ease of doing business for startups. The registration process has been streamlined with online portals and simplified documentation. Initiatives such as the “One Person Company” and “Fast Track Exit” options offer flexibility and ease for startups. These measures aim to reduce bureaucratic hurdles and create a favourable environment for entrepreneurial ventures.

At Kanakkupillai, we offer various services to help entrepreneurs start and grow their businesses, including company registration , one person company registration , accounting and compliance, and business consulting. Our experienced professionals can provide expert guidance and support to help you turn your business idea into a thriving enterprise.

Whether you want to start a new venture or take your existing business to the next level, Kanakkupillai is here to help. Contact us today to learn more about our services and how we can support your entrepreneurial journey.

You May Also Read: New Business Registration -A Path for Success 2022 Business challenges for Top accounting firms in India The number of people who shop online, Keeps Increasing- Unknown Facts Be a Successful Entrepreneur – Handle the Recession Best Video Marketing Tips – Blog, Website, or Business to the next level?

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7 Profitable Business That You Can Start With 1 Lakh

Starting a Coffee shop or a Travel Agency is an attractive option if you are looking for a profitable business venture. Other business ideas that are feasible to start with 1 lakh include online shopping and Online Education.

If you have a flair for creative ideas, try an Eco-friendly business like manufacturing paper or cloth bags. These businesses can help you reach a wide audience. Aside from this, you don’t need a large amount of capital to set up.

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7 Profitable Businesses That You Can Start With 1 Lakh

Coffee shop, travel agency, online shopping, online education business, cloud kitchen, drop-shipping services, e-tutor services.

Running a coffee shop can be one of the most lucrative businesses that you can start with a one-lakh-rupee investment. You can procure used books at a very low cost, but you should remember that some people prefer reading e-books while others like holding a real book in their hands. Setting up a bookstore in a crowded location will help you make profits. Besides, coffee shops have become trendy places as well.

Another thing to keep in mind while setting up a coffee shop is that the profit margins are quite low, which is common for casual food service establishments. On average, coffee shops have 5% to 8% profit margins, which means you will keep 5-8 cents of every dollar of sales. That means you can earn around Rs. 1.5 to 3 lakh a year and still support your family comfortably.

However, while opening a coffee shop, you should keep in mind that the profit margin is low, so you should be able to manage costs and maximize the appeal of your coffee shop. As with any business, you must be fully involved. You must ensure that you are a face in the coffee shop, as many customers are looking for the owner. Therefore, it is important to have a business plan.

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Travel agencies offer customers personalized services on a particular budget. During off-seasons, travel agencies can earn Rs 50k or even more. If you enjoy baking, you can start an online bakery and make between Rs 20k to Rs 80k a month. This business requires a lot of collaboration with multiple stakeholders. You can also consider franchising or a small manufacturing unit.

A travel agency collects access, luxury services, guides, and other resources to provide tourists with an experience of a lifetime. They represent these services to tourists and are considered the image builders of a country. They are responsible for all travel arrangements, travel documents, and different travel-related services. This business model can help you earn handsomely and work from home. You can earn from your travel agency even while you are traveling.

It is a proven fact that small businesses are one of the biggest drivers of the Indian economy. Small businesses in India contribute 30% of the nation’s GDP and 40% of overall exports. But people often hesitate to start a business, thinking it will cost too much. However, with the right investment plan, you can start a profitable business with a small amount of money.

You can reach out to a huge audience through online advertising. You can start an online advertising business offering website design, SEO services, PPC advertisements, social media marketing, and e-mail marketing to attract customers. The best part of this business is that it does not require a huge amount of money to get started. If you are into the environment, you can start an environmentally friendly business manufacturing and selling reliable cloth and paper bags.

A drawing school is another one of the many profitable businesses that you can start with Rs one lakh. Many children want to learn about art, and you can teach them to sketch or paint. If you have a passion for education, you can also create educational videos for children. You can create an educational video channel and post them on YouTube. You can apply for a channel partner program and place ads on your videos.

You can also start an online tutoring business. This business requires minimal investment, and you can start your school using pre-existing software or custom software. You can also hire 4 tutors for a fee of 60,000. For each one, you’ll need 20,000 to create a website and additional software and promote your business. Afterward, you’ll need another 20,000 to advertise and pay teachers for their initial payments. However, you can expand your business to offer tutoring in different subjects and earn a decent amount of money.

Starting a Cloud Kitchen requires you to invest money, equipment, and manpower. While the fixed costs are constant, the variable costs vary depending on the volume of food prepared. You can learn from other successful Cloud Kitchen entrepreneurs, and become their teachers. Using the Internet to advertise and track orders is a great way to spread the word about your business. Here are some tips to help you get started:

Marketing is the key to any business, and a Cloud Kitchen is no different. Unlike other companies, you are the sole source of order fulfillment, so you can keep some of your funds aside for marketing. Online marketing is extremely important in this industry, so register your cloud kitchen with the best review sites to ensure that potential customers will find you. You can also use social media sites like Facebook to advertise your business.

When starting a Cloud Kitchen, you should obtain the necessary licenses. You will need an FSSAI license, a GST registration, and a NOC from the fire brigade. Once you have these, you should consider joining an online food delivery platform. It will give you a competitive edge over the competition and make you money. So, why wait? Get started today!

This is a great business idea for those who do not have a lot of money to invest. You do not need a business license to start a dropshipping business. You may even operate this business from home, but you should be aware of your local laws. Moreover, it is a great way to make money while working at home. Starting a dropshipping service may require you to invest a few thousand dollars in the start-up phase.

The first step towards starting a dropshipping business is to find a product to sell. After a lot of research, you should decide on a niche that is profitable and lucrative. It can be a little tricky coming up with product ideas, but with the right strategy, you can be up and running within a month. Dropshipping services can even be profitable without a storefront.

An e-Tutor Service Organization needs a powerful teaching capacity, a huge pool of experienced teachers, and a solid educational background. In addition, it needs capital of approximately 11,000 INR to begin. This figure does not include a small amount for website maintenance and resources. The startup capital also includes the cost of online marketing, materials, and a computer and internet connection.

Although many people are intimidated by the thought of starting their own business, entrepreneurs should be encouraged to know that their efforts will be rewarded. Small businesses contribute 30% of the national GDP and 40% of the total exports. However, many people hesitate to start a business because they think it will cost them a fortune. However, this is not the case. With a little bit of work and patience, you can start an e-Tutor Service and reap significant profits.

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20 Business Ideas That You Can Start Under 2 Lakhs Investment

businesses under 2 lakhs

Do you want to invest Rs. 2 lakhs in Business? If your answer is yes then read this article till the very end. We have crafted some very profitable businesses that you can start with very small capital in India. Some businesses that are listed below can be started with under 1 lakh investment.

Please read to see if you can find one of the businesses described here that you can start with very low investment to catch your interest.

1. Start a Small Scale Manufacturing Business

Manufacturing of eco-friendly jute bags and paper bags can catch up well, as plastic bags are being eliminated. Even using newspapers to make paper bags with minimum investment at your home can be a good start. Investment in Jute bags manufacturing is less than 50k INR. Also, automatic paper bags machine will cost you around 3 lakhs rupees.

You can sell them to shopkeepers and make enough money to start making jute bags that are fashionable and useful at the same time.

Incense sticks or Agarbatti can also be a good cottage industry. Manufacturing of incense sticks is very easy and one can do with the help of automatic machine. Profit margin is also very good. You can easily make 60k per month with only 3 automatic machine .

You can also start Pickles and Papad manufacturing business that will cost less than 1 lakh investment. Pickles and Papad making business is bringing income to many families to survive in the pandemic.

2. Start a Mobile Phone Accessories Shop

A mobile shop can be started for under two lakhs. Renting a shop as per your taste would cost one lakh deposit with around ₹10000 rent per month. Buy some tables and chairs with shelves etc to get started.

Register your business and get a GST number to issue receipts when things get going. No GST will be needed for a business in the beginning until you begin making a substantial amount of income.

Buy some Mobile phones you want to sell and accessories like covers and chargers and you are all set. Hire a repair person if you need help. You will make good profit in phone repairing business. Also, there are huge profit margin in phone accessories.

The profits are very high in this business because the selling price of accessories is twice the purchase price

3. Start a Bakery Business

You can open a small bakery if you like to make bread and biscuits. You can also hire a worker to make them on a small scale. You will need a license from the health department who will check you periodically for hygiene.

Buy an oven and some showcases to keep your products safe from flies and insects. A cash register to issue a bill may be needed if you are in an urban area.

All these essentials plus renting the shop will not cost you above 2 lakhs. You can get a loan for self employment if you don’t have enough capital. You may need one employee to begin with.

Get busy selling coffee or tea along with your bread and cakes. Sandwiches and puffs would be welcome at lunch time. You can get all the bakery items supplied to you on a daily basis along with samosas etc made fresh and on a returnable basis.

4. Become a Real Estate Agent

You can open a real estate office if you are well versed in buying and selling houses and have good people skills. Although you are concerned with getting commission only, people who want to list their properties would like to discuss their property with you.

You can look for houses listed for sale or rent around you and go in there to find out if the owner would like your help. Some owners don’t want to pay a broker. So they announce a ‘No Broker’ sign outside which doesn’t keep the brokers out!

Be a nice guy that people would like to approach to get a lot of business. Be ready to show the houses with a motorbike for a fees. You can start this business without any investment.

5. Electrical Equipment Repair Shop

If you know how to repair a mixer or an electric stove at home, you could think of opening an Electrical Equipment Repair shop.

If you know the basics, you can open up equipment like a rice cooker and see what is wrong inside. No investment above two lakhs will be needed. As you can rent a small shop with one lakh deposit and even hire a repair person if you can afford one.

6. Open a Take Away Restaurant

A small take away restaurant doesn’t need any spacious seating. If you have enough space to cook inside and to put up a table and a shelf to showcase the food you prepare outside, you can open a Take Away Restaurant which is ideal for the pandemic times.

People with big seating ave are losing a lot of money in lockdown as nobody is allowed to sit and eat anyway.

You will need a license to run the business. Get started if you have cooking skills or hire a cook who can clean and wash up too. Attach your take away restaurant with Zomato to take online orders.

7. Start Packers and Movers Business

You won’t need an office to start a Packers and Movers business as you can advertise online to get clients who need your help in moving.

You will need a truck with 3 to 4 helpers to load and unload. Helpers are usually available on daily wages to come and help you only when you have a client wanting to move.

But even a used truck will cost you around two lakhs and so that will be your major investment. You can rent a truck to start this business. You must have a driver’s licence.

8. Become a Party Organiser

If you are creative, you know how to think up new ideas for a party. Children like to be surprised. How you can surprise them with party games will increase your popularity.

Adults also like surprise parties. You will need to have balloons and flowers with chairs and tables with tablecloths etc. ready to be supplied with a van. Get caterers to work with you to provide snacks and drinks.

9. Start Tiffin Service

There are many people who don’t have the time to cook and who do not know cooking. Tiffin services are the best for them as they have dual advantage. First of all, it comes cheap as compared to hotels and restaurant and secondly, homemade food is good for health.

Home delivery of tiffin services has become popular in corona times when a lot of people are quarantined and are not allowed to get out of their houses to buy groceries etc.

You can help by supplying tiffin to their doors if you know how to cook basic meals. Have some tiffin carriers ready. You may start with your family helping you. Add north indian or south indian options to your menus as people keep calling up to customise.

10. Franchise Business

Many small franchise are there that will help you setup a business using their brand name. Search for franchise under 2 lakhs investment and sign up with them. Small scale bakery, tea point and juice lassi shop franchise are a good option to start.

11. Start Equipment Rental Business

Wedding equipment like pandals and cooking utensils big enough to cook for hundreds of people can be rented out as nobody would have such things at home.

Stoves and chairs and tables can be supplied if the event is not being held in a choultry where they have everything ready. Wedding mandap is a great addition. Link up with caterers to work together.

12. Start a Painting Business

All you need is a ladder and high stool to reach the ceiling with paint brushes to start a painting business. A helper can be hired if you know how to paint. Initial investment to start his business is around Rs. 50K.

Hire a couple of painters if you can supervise the work to get it done. Get orders and contracts who will usually give you an advance to buy paints.

You can operate from home and can take your business to next level by partnering with builders and developers.

13. Start a Recycling PickUp Business

Some recycling shops need a pickup truck to take their collections to big recycling centres. If you have a truck, you can start a pickup business which can be a regular business as the recycle shops are full of stuff in just a few days.

Buy one with loans payable in easy EMI. Banks will lend you if you have a good credit record. You will need some helpers to load and unload.

14. Start E-Rickshaw Rental

E-rickshaw business is really a profitable business as many people in the cities and towns opt for this option to travel from one place to another. Therefore, you can buy a e-rickshaw for 1 lakh rupees and rent it out to drivers on a daily rental basis. This business is very profitable for Tier 2 Indian cities.

It has two advantages that it generates income and simultaneously you give employment to another person. The profits can be moderate in this business depending on customer availability. The only investment in this business is Rupees 1 lakh for new e-rickshaw.

15. Open a Grocery Shop

You can never lose money by starting a grocery store as people always need groceries even in pandemic times.

Grocery shops are allowed to be open for a few hours at least in the mornings even when all other shops are to be closed to survive from Corona.

Buy from wholesale markets to make profits in retailing. No license is needed but GST number is a must for payment of taxes.

16. Clothing Store

People need clothing as much as they need food. You won’t suffer a loss as clothing is not a perishable item.

One lakh for renting a shop with one more lakh to buy sarees and blouse pieces with any underwear items for men and women can get you started.

Go on adding items as the demand comes for baby clothes etc.

17. Start a Digital Marketing Company

You can start a Digital Marketing company if you know the secrets of SEO and SMM.

Using keywords in your content will make your website show up at the top of the search in Google search and other search engines.

It’s a skill to add the keywords in your content writing to help companies get sales by appearing at the top of the search and hold the interest of the reader to give him valuable content to choose the company for the products he needs.

You can start a Digital Marketing company if you have a good content writer and other experts who know how to market through social media like Facebook, Twitter and Instagram etc.

You will need a well equipped office and a team of Digital Marketing experts to run your business. But during this pandemic you can start easily with home. Initial investment is under 1 lakh to setup a company and a professional website.

18. Start a Pest Control and Cleaning Service

This is an essential service needed in Corona times to destroy the virus.

You will need effective disinfecting solutions which are not harmful to humans and pet animals at the same time.

Covid hit homes and businesses will need immediate assistance to re-enter their houses and offices if someone who was there proves to be positive and ends up in a hospital.

19. Education and Training Business

If you have been a teacher or a good administrator, you can start a school or tuitions with a few students.

Training centres like bakery or tailoring classes are providing immediate employment for those who need an urgent income.

Think of computer training teaching kids skills like painting etc without using messy colours.

Adults can learn typing skills as well as emails and Office with Word or Excel spreadsheets etc.

20. Kids Focused Business

Even primary education like nurseries and play homes are gaining importance as the foundation of our children is of topmost priority.

Start a nursery equipped with a play area with slides and toys to attract mothers who want their children to have a good time when they are at work.

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Where and How to Invest One Lakh Rupees for 6 Months?

Navigating the investment landscape entails meticulous planning. You need to assess your needs, be it a financial cushion or monthly contributions for a steady life. Smart investments fortify your financial portfolio while acting as a shield against inflation.

It is critical to grasp and calculate risks, ensuring your choices align with your financial goals for a secure and thriving future.

Do you need help with how to invest 1 lakh wisely? In this article, we’ll explore various avenues and guide you through the best way to invest 1 lakh to pave the way for your financial security.

Explore: How To Invest 1 Crore for Monthly Income

Smart Investment Options with 1 Lakh

Judiciously investing your hard-earned 1 lakh contributes to financial growth and increased stability. The key is to balance risk and return based on your financial goals and time horizon.

Let’s have a look at some avenues where you can invest 1 lakh smartly and securely.

1. Recurring Deposits

Recurring deposits offer a no-fuss way to save regularly, starting as low as Rs 100. They come with a minimum period of 6 months and a maximum of 10 years , providing a stable option for those looking to cultivate a savings habit.

Banks provide a range of interest rates for recurring deposits, spanning from 2.75% to 7.50% p.a. (1 year to 5 years and above) for the general public, with additional interest benefits extended to senior citizens opening RD accounts. With interest rates akin to fixed deposits, these allow you to get a loan against your deposit should the need arise.

Explore: How to Invest 50 Lakhs for Monthly Income

FMPP 15% return

2. Money Market Account

Money Market Accounts provide a slight edge over regular savings accounts, demonstrating a track record of success, as seen by their 7.33% annual average over the last year and their 5.13% and 6.19% 3 and 5-year annualised returns, respectively. Added perks like insurance protection, debit cards, and check-writing privileges make it a convenient choice for parking funds.

Know: Monthly Interest for 1 Lakh in Fixed Deposit

3. Debt Instruments

If you prefer the predictability of fixed returns, debt instruments are ideal to invest 1 lakh. These instruments, from debentures to bonds and mortgages, offer fixed and reliable returns, potentially outshining traditional fixed deposits.

Explore: Investing 10 Lakhs to Get Monthly Income

4. Bank Fixed Deposits

Bank Fixed Deposits, with their attractive interest rates and hassle-free account openings, remain a straightforward choice. For instance, RBL Bank offers competitive FD rates ranging from 3.50% to 7.80%, while Canara Bank provides rates between 4.00% to 7.25%.

For those favouring higher returns, KVB Bank stands out with rates from 4.00% to 7.50%, and senior citizens can benefit from IDFC First Bank’s attractive rates ranging from 3.50% to 8.00%.

They offer a secure option for those not looking to play the market game, offering a seamless way to watch your savings progress.

Explore: where to invest 5 lakhs

5. Large Capital with Mutual Funds

The titans of the investing world are large-cap mutual funds, perfect for individuals looking for steadiness in the face of market turbulence. Eighty per cent of the funds are allocated to the top 100 firms , which provide steady returns with little market volatility and low risk.

6. Post-Office Time Deposits

Post-Office Time Deposits blend tradition with flexibility. With multiple lock-in periods, low minimum deposit amounts, an interest rate of 7.5% and income tax benefits, these are a stable avenue for your investments.

7. Public Provident Fund

The Public Provident Fund (PPF), with an interest rate of 7.1%, is a reliable ally for enduring financial security. Create an account with any bank, and make investments of as little as Rs. 500 or as much as Rs. 1.5 lakh a year, and enjoy consistent profits over a flexible 15-year period.

8. Deposits from Companies

As an alternative to regular bank deposits, corporate deposits provided by NBFCs and financial institutions—may offer higher interest rates on investments.

For example, Bajaj Finance Ltd leads at 8.35% , followed closely by Shriram Finance at 8.27% , Mahindra Finance at 8.1% , PNB HFL at 7.85% , and Sundaram Finance at 7.75% . 

Strategic Six-Month Investment for 1 Lakh- FMPP

Choosing where to invest 1 lakh rupees for 6 months is paramount when eyeing short-term goals or bracing for emergencies. Opting for short-term solutions safeguards long-term investments during unexpected crises. It assists in overcoming emergencies, propelling you toward achieving near-future financial goals. Make the short-term count for long-term stability.

If you are looking at a sum of 1 lakh and a short-term horizon, Lenden Club’s Fractional Matchmaking Peer-to-Peer Plan (FMPP®) can be a smart move in the investment game.

With investors scoring up to 12% returns with zero principal loss, this is your ticket to earning maximum returns with minimised risk. Much like a financial matchmaker, it connects you with borrowers for hyper-diversified investments as low as Re. 1.

FMPP® spells out a win-win: you can invest up to 50 Lakhs, enjoy returns of up to 15% p.a., and relish the security of hyper-diversification. The monthly interest right into your bank account is the cherry on top. 

How to Invest 1 Lakh

To begin, open a bank or brokerage account for investments and then allocate your funds among the investment vehicles of your choosing. Consider diversifying them to disperse risk for a consistent 1 lakh monthly income from your investments.

1 lakh Investment Monthly Income

If you seek to invest for a steady income, try dividend-paying equities, dividend-optimised mutual funds, or monthly income plans inside mutual funds. These avenues provide a reliable flow of income while letting your principal flourish over time.

Best Way to Invest 1 Lakh for Optimum Returns

Determining the optimal approach to a 1 lakh investment plan hinges on an individual’s financial goals, risk tolerance, and the timeframe for your investments. Seeking guidance from a financial advisor is prudent, as they can craft a personalised investment plan tailored to your needs.

Crucial Investment Considerations

Analyse factors like flexibility, tax benefits, and alignment with your monetary goals to ascertain the right mix of options.

  • Extensive Market Research: Carry out comprehensive market research. Recognise emerging trends and possible businesses for your 1 lakh investment plan.
  • Risk Analysis: Evaluate the hazards present in every investment. Match them to your level of risk tolerance.
  • Investment Tenure: Give your investments a time frame. Think about longer-term strategies to build up a significant corpus. Make it clear if your savings goal is more towards retirement than short-term goals.
  • Tax Implications: To foresee future tax implications, be aware of the tax laws governing various investments. Investigate strategic options and ways to save taxes.
  • Liquidity and Appreciation: Assess the investment you have selected for future flexibility in terms of its liquidity and long-term potential.
  • Volatility Assessment: Consider your risk tolerance and investing goals and evaluate the volatility of your investment.
  • Company Research: Before investing, thoroughly investigate a company’s finances, operations, and market expectations.
  • Return on Investment (ROI): Use the ROI to determine how profitable your investment is compared to the principal amount so that you may make well-informed judgments.
  • Diversification: Investing across various asset types helps to diversify investments and reduce risk.

The Bottom Line

Striking a balance between risk and reward is paramount to aligning your investments with personalised financial goals. Prudent decision-making, best aided by financial experts, ensures careful consideration.

Craft a comprehensive plan to diversify investments and witness the gradual growth of your funds. The initial stride to commencing your financial future is a strategic and purposeful approach to investing.

Frequently Asked Questions

1. Where to invest 1 lakh rupees?

One can consider options like mutual funds or an assortment of stocks for potential growth with one lakh rupees. Ensure it matches your financial goals and risk appetite. If uncertain, consulting a financial advisor can provide personalised guidance. 

business plan for 1 lakh investment

Team LenDenClub

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping investors diversify their investments beyond traditional investment instruments ever since.

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Where and how to invest 5 lakhs: a quick guide, you may also like, how to invest 15 lakhs for monthly income, how to invest 25 lakhs for monthly income.

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Where and How to Invest 1 Lakh Rupees: Top 7 Investment Options for Investing ₹1 Lakh for 6 Months in India, 2024

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business plan for 1 lakh investment

Updated on Dec 29, 2023

Where and How to Invest 1 Lakh Rupees in India for 6 Months

To lead a wholesome and steady life, you need to make your investments meticulously. Every person should choose the right financial platforms to get sufficient returns in a shorter period. But not all one time investment plans  would offer you the best return. Thus, you should thoroughly assess your needs like corpus or monthly investments before making any investments. Your investment returns will not only strengthen your financial portfolio but also will help you to combat inflation. In this article, we are going to explain where to invest 1 lakh rupees for 6 months and the best investment options for investing 1 lakh in India for short term.

7 Best Investment Options to Invest 1 Lakh for 6 Months Show

  • Recurring Deposits
  • Money Market Account
  • Debt Instruments
  • Bank Fixed Deposits
  • Post-office time deposits
  • Corporate Deposits
  • Large-cap mutual funds

What do you Understand by a Short-Term Plan of Investment?

If an investment is done for a short duration of below 5 years, it is termed a short-term investment plan. These investments are mostly done to take care of some short-term goals or emergencies. Short-term savings can be as short as 6 months or as long as 5 years.

Below are some reasons why you should consider investing in the best investment options for the short term:

  • It lets you overcome an emergency easily
  • A short-term investment can aid in avoiding breaking your investments for the long term during unforeseen situations
  • You can achieve your financial goals of the near future with short-term investments
  • Serves with decent returns

How to choose a good investment option?

When it comes to choosing a good investment plan, you can have several options to select from. However, to pick one from among them might be a difficult task. Hence, you have to analyse factors to understand the effectiveness of varied investment plans available in the market.  Here, you need to consider things like flexibility allowed by the investment plan along with the tax benefits that it allows. In addition, you also must consider the investment as per your monetary goals aligned with your future.

Below are some factors that influences the investment/savings decision of investors:

  • The investment should allow the liberty to withdraw fund anytime
  • It should allow the flexibility to initiate investment with any amount
  • The investment option should be safe with good-return scheme
  • It should have custom investment period
  • The plan should come with tax saving and other benefits

Depending on particular needs of different individuals they can decide on the significant factors that serve their purpose for a long-term investment. Also, it is important to remember that you may not get every aspect you are looking at in a single plan.  All investment plans come with certain advantages as well as some drawbacks. So, you may have to choose a plan that comes in between and fulfil your needs aptly.

Type of Investment Options

There are various investment options available for an investor to choose from. However, the selection of an investment should be done in a way that fits the needs and goals of investors.

So, considering the possible uses of investment plans, they can be broadly divided into three types, such as;

  • Investment Plans for Growth
  • Investment Plans that are Safe, and
  • Investment plans with Income Return Option

7 Best Investment Options 2024 to Invest Rs 1 Lakh F or 6 Months in India

Before investing a single penny, don’t forget to weigh your financial needs and objectives. Once your fund is decided (Like Rs. 1 lakh), then you can start looking for the best investment options in India for short term. Here is how to invest and where to invest 1 lakh for short term

1. Recurring Deposits – (interest rate 3-5 to 6.5%)

If you want the best option to invest money for 6 months, then this could be your ideal choice as this type of option offers flexibility in terms of investment. You may get a 3.50% to 5.50% average return every year. The policy tenure period could be 6 months inventment plan to 10 years.

Benefits of Recurring Deposits –

  • The minimum amount is not fixed for all banks. Your minimum investment could be Rs. 10
  • The minimum and maximum investment periods are 6 months and 10 years respectively
  • The best investment options for a salaried person due to this regular saving option
  • The rate of interest could be the same as a fixed deposit
  • You can take a loan against the deposit
  • Documents required (KYC, Identity and address proof, passport-size photographs and the duly filled application form)
  • An individual from any walk of life, be it one working in  government as well as corporate or commercial organizations can go for this investment option

Documents required

  • Aadhaar card
  • Voter ID card
  • Government ID card
  • Driving licence
  • Photo ration card
  • Senior citizen ID card

Eligibility criteria 

  • The applicant should be a resident Indian
  • The minimum deposit should be INR 500 per month and multiples of INR 100 thereafter
  • RD can range between 6 months to 10 years

Also Read: RD Interest Rate In Post Office

2. Money Market Account

These are also called Money Market Deposit accounts which are interest-bearing accounts at a bank or a credit union. By opening this type of account, you may get a higher interest amount than a normal savings account.

Benefits of Money Market Account –

  • This type of account enables you to invest money for short term
  • You will get insurance protection
  • You will get a higher rate of interest
  • You may get debit cards against your account
  • Documents Required

KYC compliance documents like PAN, Aadhaar, Passport, Driver’s license, Voter’s ID Card, and passport-size photographs

Eligibility Criteria

  • Individuals can invest through instruments like mutual funds
  • These are short-term investments ranging from 3 months to a year

Also Read: How To Save TDS on Salary

3. Debt Instruments

This type of investment option offers a fixed rate of interest to customers. It could be either paper or digital form. They offer higher returns as compared to fixed deposits. Some common debt instrument examples are,

  • Debentures: These securities are not supported by any security. They are allotted to raise medium and long-term funds.
  • Bonds: These can only be issued by the government, central bank, or big companies. They offer fixed interest rates to the moneylender. You will get the principal amount once the tenure period is completed.
  • Mortgage: You will get a loan against your residential property. If you can’t make payments, the property will be seized or sold out to repay the loan amount.
  • Treasury Bills: This is one of the best investment options in India for short term. These short-term debt instruments mature within a year and you can only claim the amount after the maturation.
  • Individuals can invest with a minimum investment amount of INR 5 lakh initially and its multiples thereafter
  • These are short-term investments ranging from one year to three years
  • All Indian residents are eligible

4. Bank Fixed Deposits – (interest rate 3-8%)

This is one of the best investment options for beginners as it will enhance your savings gradually. Since this type of investment offers security, hence they are the best investment options in India for short term. You will get a rate of interest between 3%-7% for FDs per annum.

Some Highlights and Advantages of Bank Fixed Deposits –

  • Offer lucrative interest rates to customers
  • You can easily open accounts at your nearest bank
  • This investment option is ideal for short-term periods
  • You can get more interest amount with a reinvestment deposit
  • You can comfortably transfer funds between accounts
  • Go with the tax laws
  • You may get multifarious scheme options and minimum investment options

Also Read: 1 Crore FD Interest Per Month

5. Post-office Time Deposits

This is one of the popular investment options for senior citizens. This scheme comes up with the below-mentioned features,

  • The scheme offers you various lock-in periods as per your choice
  • You are eligible for income tax benefits
  • You may get astonishing returns
  • Revision and determination of rates are also offered
  • The scheme provides you with a minimum deposit amount
  • You can select premature withdrawal in case of urgency

Advantages of Post-office Time Deposits – 

  • You may open various accounts as per your needs
  • You can transfer your one post office account to another comfortably.
  • The funds can be withdrawn prematurely
  • This type of investment offers more security as the principal and interest amounts are guaranteed by the government.
  • The scheme offers you a flexible option. You may start with Rs. 250
  • You are free to select your nominee
  • Section 80 C of the Income Tax Act, 1961 is applicable for a tax deduction if the tenure period is a minimum of 5 years

To invest in a POTD account, you would mandatorily require KYC documents like:

  • The investor has to be an Indian citizen of 18 years and above
  • Minor of 10 years and above can also open a POTD account under the supervision of parents/legal guardian

Also Read: Post Office Online Payment

6. Corporate Deposits 

These are known as company fixed deposits where you may invest your hard-earned money for a particular period at a fixed interest rate. This type of scheme is only offered by NBFCs and other financial institutions. You may get a higher interest rate than a normal bank deposit. Some examples are,

  • HDFC Ltd FD
  • Bajaj Finserv FD
  • PNB Housing FD
  • Sundaram Finance Company FD
  • Mahindra Finance FD Scheme
  • Driving Licence
  • To apply for a corporate deposit, an individual requires a valid ID approved by the government of India
  • You also require address proof such as an Aadhaar card, Passport, Voter ID, etc.

Also Read: Best policy for girl child

7. Large-cap mutual funds

This type of scheme is one of the best investment ideas in India as it invests 80% of the corpus in the eminent 100 companies by market capitalization. Some popular advantages that you may get from this investment option are,

  • These companies have unprecedented market reputations in their respective fields
  • The risks are minimal as they offer stable returns
  • These investment options are ideal for those who want to avoid extreme volatility in the stock market
  • KYC compliance documents like
  • Voter’s ID card
  • For minors, a third-party declaration is also required
  • Canceled blank cheque
  • The investor should be an Indian citizen
  • The period of a Large Cap Mutual Fund ranges between 5 to 10 years
  • Anyone who wants a diverse financial portfolio can invest in this fund

If you are thinking about where to invest Rs.1 lakh for 6 months, then the aforementioned information will help you to make a wise investment decision. But before investing any money, do thorough market research and try to enhance your knowledge of investments. To get the best results, you may consult with a professional finance person who will guide you on your investments.

Documents Required to buy Investment Plans in India

Below are the required documents – 

  • KYC documentation
  • Identity Proof
  • Address Proof
  • Passport Size photograph
  • Application form (duly filled)

Eligibility Criteria to Buy Investment Plans in India

Below are the eligibility criteria – 

  • Any Indian Citizen
  • Any government organization
  • Corporate firms, commercial organizations, etc.
  • Minors above the age of 10 years
  • Minors below the age of 10 years (under their guardian)

Also Read: Government investment schemes

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FAQs: Top Investment Options for Investing ₹1 Lakh for 6 Months India, 2024

I have 1 lakh rupees, where to invest 1 lakh.

If you have 1 lac rupees and are looking for a profitable opportunity or a best way to invest 1 lakh for faster returns, here are the top 5 avenues to consider:

1. Public Provident Fund 2. Sovereign Gold Bonds 3. Equity Mutual Funds 4. Gold Exchange-Traded Funds 5. Government Bonds

Which mutual fund is best for 1 lakh investment?

The following mutual funds are considered the best if you’re interested in investing Rs. 1 lakh:

Quant Tax Plan Growth Option Direct Plan Axis Bluechip Fund Growth SBI Technology Opportunities Fund Direct-Growth Aditya Birla Sun Life Tax Relief 96 Growth ICICI Prudential Technology Fund Growth

Which investments have the highest returns?

To earn the best returns on your investments, you may consider the following options:

Fixed Maturity Plans Saving Account Treasury Bills Short-Term and Ultra Short-Term Funds Gold Investment Liquid Funds Equity Linked Saving Schemes (ELSS)

What is the #1 safest investment?

Public Provident Funds or PPFs are by far considered the safest bet in terms of investment with high returns as well.

Name a plan that allows greater returns?

Plans like large-cap mutual funds allow highest return on investment.

How are risks and returns related?

Risks are directly related to returns. If a plan allows greater return, it also poses greater risks. So, the amount of risk increases with an increase in return.

What kind of risks come with investments?

Risks that come with investments are: Risks related to Market Liquidity risks Risk of Credit Risk of Inflation Risk of Reinvestment Risk in Foreign Investment etc.

Is gold a good investment?

Yes, gold allows safety against inflation. Hence, it is a good investment option.

What is the right time to start investing?

It is better to start investing as early as possible because you get an extended time period. Also, the longer duration you invest, the better gain you get.

Are there any benefits of short-term investment?

Yes, there are many benefits of short-term investment, such as:

# They are transparent in terms of returns # They are highly flexible investment plans # They are also highly liquid and so can be withdrawn anytime # You can get the returns within a short duration of time

Which SIP Plans are best in India for 6 months duration?

Below are some ultra-short duration SIP funds:

# SBI Magnum Ultra Short Duration fund # Kotak Savings Fund # ICICI Prudential Ultra Short-Term fund # Aditya Birla Sun Life Savings Fund

Below are short-duration SIP funds:

# ICICI Prudential Savings Fund # Axis Treasury Advantage Fund # IDFC Low duration fund # Kotak Low duration fund # Invesco India Treasury Advantage Fund

Can prepaid expenses be termed as short-term investments?

Yes, prepaid expenses are short-term investments.

Are investment returns taxed? How?

Investment risks are directly related to investment returns. So, when risk rises the rate of return also increases.

What are the steps of an investment process?

Follow the below steps for an investment process:

# Understand your monetary needs # Decide about allocating asset # Decide on the strategic allocation of the portfolio # Decide on asset allocation # Performance Evaluation

What is diversification?

In diversification, investment is divided into different assets. So, diversification is the act of distributing funds in a way that you get balanced risks and rewards. This ensures the highest rewards in diversification.

What is a SIP account?

A SIP account is one you can use the auto-debit feature to invest periodically in mutual funds.

Other Investment Products

business plan for 1 lakh investment

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15 Profitable Business Ideas under 10 Lakhs Rupees in India

amazing business ideas

Aiming to be an unbeaten entrepreneur is not about having ideas that no one has but about making them happen the way no one has. There’s no dearth of ideas, but one has to spot the right one.

The common populace’s access to the internet with an increasing requirement for services along with manufactured goods has led to a new turn in the kind of business ventures taken up today. It is no longer necessary to have a vast amount of capital or a tangible product to establish a business.

All this, along with the increasing support provided to start-ups from angel investors and venture capitalists, has made it easier to start a new business.

Zillions of people might have started their entrepreneurial story with a modest amount of Rs. 10 lakhs or even lesser . Some of them might have fallen apart, however, many of them have gone onto becoming estimable success stories. Learning from their empiricism, and following the right path, you can also create a completely different story of your own, one which is way better than all the others.

The first step in that direction is to decide what business you want to set up.We’re putting forth ahead Some Profitable Business Ideas under 10 Lakhs Rupees you get started.

Here’s The List 15 Profitable Business Ideas under 10 Lakhs Rupees in India (2022):

#1. Franchise Stores

  • Investment : 6 – 8 lakhs
  • ROI period : 6 – 8 months

There are brands in the market today which are already quite established.In addition to a pre-sold customer base, franchises offer a continuous support from the pre-opening stage to operational, training and managerial support required for proper functioning of the store.

In 10 lakhs and under, one can easily get a license to open up a franchise store for a lot of brands.

Start with carrying out some good research about possible options such as healthcare unit, a restaurant , a boutique, departmental store , salons , day-care centers , gaming zones , fitness centers , coaching centers, vocational training institutes etc. on a website such as Franchiseindia.com .

PRO TIP : Be careful when investigating your options. Evaluate them on the basis of factors like the brand reputation, the franchisor’s experience, your own abilities, and skills for the business, store location, it’s potential, the demand in the market, the competitors, future prospects etc.

Related :  Guide to Start Your Very Own Gadget

#2. Gadget Store

Gadgets on table

  • Investment : 8 lakhs

This is the internet age. There’s hardly any individual or any place without at least a couple of phones and laptops or a PC. Joining the gang are headphones , speakers , home theatre systems , gaming gadgets, VR systems, fitness trackers, cameras etc.

With the increasing demand of these electronic devices, a store with a good range of devices on retail and a well-informed sales staff can easily find its spot in the market as a customer coming to the shop will always appreciate good and helpful advice on their buy.

The store can also be taken to an e-commerce portal for enhanced convenience for consumers and profitability for the owner.

PRO TIP : A servicing and repair center can be started alongside or you can team up with a good service center nearby. Services like free home delivery, gifting options on request etc. will further add to customer loyalty.

Related :  15 Profitable and Super-Easy Retail Business Start-up Ideas 2018

#3. Cleaning Business

cleaning business

  • Investment : 2-5 lakhs
  • ROI period : 6 months

Cleaning is a necessary chore, but not everyone is a fan of it. With the right kind of approach, this seemingly boring chore can be taken to the next level and turned into a profitable business idea. The idea might sound outlandish at first but some enterprises in India like Keentoclean and Broomberg have actually done it.

Yet there is a lot of potentials to be capitalized on. Start out with a few places; one could take up cleaning of homes, commercial complexes, water tanks etc. Develop a mechanized system for each process and train your personnel well. As there’s always a requirement of such labor especially in the urban houses and offices, so if you perform well, definitely more offers will pour in.

You can also pitch for places like hospitals, temples, and shrines, apartment complexes, hotels, museums and galleries, educational institutions, restaurants etc., which assigns work contracts to professional cleaners.

PRO TIP : While time is of the essence when working in each location, it’d be useful if “clean like it’s your own” rule is followed. Any damage or a messy work will only result in bad customer relations which will eventually affect the business.

Related : How to Start Cleaning Business

#4. Catering

catering

  • Investment: 3-5 lakhs
  • ROI period : 6-8 months

In India, be it any occasion, the food has to be amazing. An event with good food and wonderful service will always be remembered warmly but bad catering can ruin the grandest of events. In this business, one can start small industry with rented equipment and on-site cooking.

This will keep the investments low and with a few stints, you’ll have enough returns to slowly expand and settle.

Also, while a passion for cooking is important, it’s essential to have a proper plan in place to take this business forward.

The idea is to provide a great culinary experience while keeping your operational costs minimal.

PRO TIP : Train your employees well, especially when it comes to interacting with the guests and providing service. A bad review from a guest can really hamper potential opportunities.

Related :  How to Start a Catering Business

#5. Delivery services  

  • Investment : 1-2 lakhs
  • ROI period : 3 months

When thinking of delivery, usually it’s food delivery that comes to mind. But one can start this service by delivering absolutely anything to customers, be it food from a restaurant, products from the supermarket, flowers, and gifts from the store, picking up and delivering their dry-cleaning etc.

FedEx, a popular logistics service provider has already been offering dedicated express delivery services across India, which is on a larger scale though. Your investment will mostly go into organizing the delivery chain.

And since there’s no manufacturing of any kind from your side, you just need to tie up with the local stores and make sure to plan your delivery system well.Of course, some places may already have their own delivery systems in place.

However, if you have a wider delivery radius, then through you more customers can reach out to these places, which may have only a limited delivery range.

PRO TIP : Immediate wish fulfillment is difficult to ignore. Although you might charge slightly higher prices than other delivery services, pitch your business as one which can help immediately  fulfill your customers’ needs. Make that your USP and maintain it.

Related :  How To Start A Small Delivery Service Business

#6. Travel-holiday Planner

Travel and Holiday planner

  • Investment : 3-5 lakhs

People today are willing to spend more and more on traveling and the travel business is definitely booming. As a holiday planner, you’ll have to research, plan and book a travel according to your customer’s needs.

You can plan good standard tour plans but sometimes a travel plan needs to be custom made to fulfill needs of the customer. Thinking out of the box and some meticulous research can help you plan an amazing travel for your customer.

Initially, you can start at home, working via the phone and the internet and creating a tour plan for your customer.You can also take up planning trips for educational organizations and offices, as bulk booking will help in getting better deals and may also help increase profit margins

PRO TIP : There are niche slots even within the holiday planning industry, from holidays aimed solely for kids, weekend getaways, family holidays, for newly-weds, for students, for those seeking adventure and exploration, educational or cultural tours, religious excursions, for senior citizens etc. You can specialize in certain type of holidays and become successful in the same.

Also Check:  10 Best Must Have Apps For Travellers in 2018

#7. Online Store

online store

  • Investment : 1-3 lakhs

Create your store physically and/or electronically and sell whatever you wish to! From lovely pieces of art, handmade gifts for various occasions, designer home decor objects, clothes, jewelry, to home-made cookies, chocolates, pickles, and sauces, you can sell it all.

All you need to do is open up your own website or enroll via an e-commerce portal and set up your store.

And you are ready to start selling anything you wish to (it has to be legal of course!). One can also take up requests and sell custom made items to their customers.

Handmade products are precious because they’re often one of a kind. Create and advertise your products in innovative ways.

PRO TIP : When sending out your products for deliveries, ensure that attention has been given to both the packaging and branding of your product. Also, another great way to grab attention on portals is to upload good hi-res photographs of the products with well-detailed descriptions. Use everything from word-of-mouth to the social media to spread your name.

#8. Spa Service

Spa Services

  • Investment : 8-10 lakhs
  • ROI period : 10-15 months

When people constantly battle with stress and exhaustion in their daily lives, places where they can experience mental and physical relaxation become immensely important. This is where spaces like spa and related natural therapy centers come in.

In India, the spa culture is on a rise. Common spa treatments include body treatments, facials, massages, aromatherapy, hair removal, hydrotherapy, manicures, and pedicures etc. Massages range from Ayurvedic to exotic massages done with herbal and aromatic oils.

Your investments will depend on the services you offer, the quality and price of products and equipment, personnel hired etc.

It is important that you have detailed plans in place for daily operations and each spa process.

Develop a brochure of services and products so that each service can be easily understood and selected by the customer.

Also, while investing in the services it is important to ensure that the spa has a good, peaceful environment and ambiance.

PRO TIP :  Initially, you can attract customers by providing discounted package deals or a free sample of an oil or any other spa product. There are various spa models ranging from destination resorts to day spas and medi-spa( a medical spa); one can also establish their expertise in any specific type and capitalize on that.

Related :  How to Start a Spa Business

# 9. Complete Home Maintance Solution

home maintenance

  • Investment : 2 lakhs
  • ROI period : 3-4 months

From individual house-owners to managers of apartment or condo complexes and small retail and commercial outlets, all require maintenance and repair services for their property. Companies that provide these services generally charge an annual fee and the customer can contact them whenever required without any hassle.

One can start by providing various services such as that of electrician, plumber, cleaner , pest control, water purifier maintenance, carpenter, mobile repair , computer/laptop repair etc. The idea is that all these services are just a phone call away, that your business is the one-stop solution for all of your customer’s maintenance needs. You can start the business from your home with just a phone, a computer, and the internet. Necessary tools and a vehicle to make house-calls might need some investment.

Additionally, it’ll be necessary to have good organizational and logistic sense to schedule jobs from day to day, especially when you’re starting by yourself and have no one to assist you with such tasks. This skill will then come handy when you expand your work and organization.

PRO TIP : Along with a good skill, you’ll need people who can communicate well with the customers as the business will rely heavily on overall customer satisfaction.

Related :  How to Start Complete Home Maintenance Solution Business

#10. Dog Breeder

Dog Breeder

  • Investment : 10 lakhs
  • ROI period : 12-15 months

This is the Best business for those who love the little canines and want to make some amazing profits at the same time. A good dog breeder with quality breeds can earn quite a neat amount of profit in this business.

Once you get some good breeds of dogs, you can then start breeding them further and then sell their pups through advertisements, via online portals and word of mouth to make a handsome profit for years to come.

You can also participate with your pawed babies in dog shows and similar contests to catch the eye of potential customers. Rs. 10 lakh investment is a sufficient amount to get few good breeds and start the process.

The investment will also go into infrastructures like access to a large farmhouse where you can house these dogs comfortably, their nourishment and upkeep of general health and hygiene.

PRO TIP : You can slowly expand your business by entering into the pet-care industry and starting salons, day crèches and vacation boarding for pets.

Related : How to Start a Fitness Center Business

#11. Fitness Center

Fitness Centre

  • Investment : 6-10 lakhs
  • ROI period : 8-12 months

It has become a need of the hour to keep people fit and in good health, along with having a great physique. People are willing to spend a good amount of money too for this much-wanted fitness. Starting a fitness centre has thus become a profitable business with high assured returns.

A fitness center requires weightlifting and cardio equipment with good trainers and managers to oversee daily functioning. One should do a proper research about the target population, local competition, market demand, and supply etc.

It is also important to promote your business, be it through printed flyers, advertisements or via the online route. You can put in attractive offers and services like diet consultations to bring in more people and increase your enrolment numbers.

PRO TIP: Other forms of workouts like aerobics, Zumba, martial arts as well as classes for power yoga, pregnancy exercises are also being offered to customers keeping in mind their various needs. Running social media page and YouTube channel to attract more clients can work wonders.

Also read  : 15 Best Business Ideas under 30 Lakhs in India That Will Work!

#12. Music and Dance Classes

Music and Dance Classes 

  • Investment : Rs 3-6 lakhs

These are the activities nearly every child and adult enjoys. If you are a skilled musician or dancer, opening a dance or music academy can be agood shot for you. With a minimal investment, you can buy or rent a space and create a small studio for people to come and learn these arts.

Of course, you can also hire some trained faculty if you are not a pro but still wish to go ahead with the idea. Have classes for classical and western as well as modern forms of dance, vocals, and music.

You’ll need good managerial skills to run the place and schedule different classes for different target age groups.

Have evening or weekend classes for those who are busy with work on weekdays. Promote your business at schools, community centers, online and through word of mouth via your students.

PRO TIP : A cultural evening can be organized to showcase to the local community what the members have learned and to promote your own business. Launch new classes and batches, especially during vacations, as part of summer camp and similar initiatives to get more enrollments.

Related : How to Start a Music and Dance Class Business

#13. Growing exotic and plants

Growing exotic plants and herbs

  • Investment : 2-4 lakhs
  • ROI period : 5-8 months

From small backyard gardens in households to towering bamboos in office receptions, plants add a much-desired splash of nature to our daily lives in the concrete jungles. If you enjoy gardening, possess the requisite know-how and understand their importance, then maybe cultivating and selling them might be a wonderful and rewarding venture for you.

You can start your own home garden in your backyard where you can grow different flowering plants, shrubs, and herbs. Slowly, you can expand to cultivating exotic plants like flowering cacti, bamboo, bonsai etc. which can be sold not just as plants but also indoor decor items for both home and commercial spaces. Some inspiration for the same can be drawn from Exotic Flora .

You can also grow vegetables and fruits organically, which will fetch a higher price as people will find the idea of eating organic and freshly harvested vegetables quite attractive.

Your investment will go into setting up your gardening space and the seeds and equipment required for the same.

PRO TIP :  Alongside working locally in your area, open an online store. This will not only bring more customers beyond your region but also spread the word of your business. You can also take custom orders for certain exotic plants and additionally, work as a consultant to help others create their own unique garden.

Related :  How to Start an Exotic Herbs and Plants Growing Business 

#14. Online Advertisements

consultancy with client

  • ROI period : 10-12 months

The internet is a booming market in India. The online advertising market brings in revenue of Rs.600 crores, which is only about 3% to 4% of the total advertising market. The business of online advertisement brings together those with advertising space on the web and those who need this space.

This business requires you to have a good understanding of the concepts of online advertising, the internet and have sharp analytical and networking skills. While these skills can be developed, few courses are also available in various marketing institutes that can help you prepare for this.

Also, as a business which can also be done from home, it’s an excellent freelancing option for those who’d prefer to work from home.

PRO TIP : It’d be good to make a directory of all the potential websites by categories and target viewers and then access owners of these sites to get the right kind of ad space for your client depending upon their needs and target group. This will also help maximize the ad’s reach and impact on the target.

#15. Water Purification Unit

pure water

  • Investment : 4-6 lakhs
  • ROI period : 7 months

The aim of this business is to ensure that clean, potable water is available to all. A business like this is actually of immense importance and quite profitable.

While there are people who still make do with boiling water or otherwise install RO filters to obtain drinkable water, many still do not have access to hygienic drinkable water.

In this business, you have to invest in setting up a water purification unit and packaging and delivery of the product.

Purified water is packaged into huge sealed bottles of minimum 20l and distributed to homes, offices, organizations like hospitals, museums, schools, convention centres etc.

PRO TIP : You can get certification for your business to ensure the water purity and attract more clients. Also, there are four verticals to the distribution: residential, commercial, industrial or government set ups. You can start with one and slowly expand to others.

Related :  Tips to Kick start Your Water Purification Business 

Of course, as with setting up of all businesses, one needs to do a fair amount of research and study the market and the target groups before developing a sound business plan.

Relevant managerial and administration systems will then need to be set up in place according to the business plan to ensure the smooth running of the same.

All the legal documents and papers for setting up a business should also be looked into and filed properly with the respective authorities.  And while a capital of Rs 10 lakh is not a vast amount, one needs to be careful in investing their money into an idea.

There’s a wide range of ideas just waiting for the right person to put their efforts to turn them into the best business in under Rs. 10 lakhs. And surely, there are much more other brilliant ideas out there.

So, what are you waiting for?

Go, brainstorm on your business idea, you could be the next big emerging star in this new age of entrepreneurship.

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Business ideas under 3 lakh: Here's how you can set up your own business

Setting up a business is not a tough nut to crack, as all you need is a business idea and dedication to build something on your own. here are the 5 business ideas under rs 3 lakh.

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30 Best Business Ideas with 5 Lakhs Investment (2024)

Best Business Ideas with 5 Lakhs Investment

Do you wish to start a business but are concerned about the funds? You always need a business idea and investment to start a business. Various people come up with a lot of plans, but usually, they lack capital. This is the main reason why people fail to establish their own businesses. What if you get to know about some of the best business ideas with 5 lakhs investment?

We are living in an era where inflation is outpacing income rapidly. The prices of everything have increased, such as housing, food, healthcare, education, and many other things. In such a scenario, people with regular or fixed income to are facing problems in running the household.

Hence, to overcome this problem, they can start their small or home-based business as a side income or just focus on it and earn good money.

30 Best Business Ideas that you can start under 5 Lakhs

Requirements to start a business

It is substantial to understand that setting up a business is always easier said than done as it requires a lot of planning, study, and hard work. Here are some of the requirements for starting your own venture:

  • Adequate money to start the business
  • Skills required in the particular sector
  • Interest in proving your product or service
  • Perseverance to face all the odds till you start earning profit from the business
  • Proper licensing from government authorities

Together with excellent planning, all these things can lead to a successful business online, from home, or with a proper structure as per your venture.

30 Best Business Ideas with 5 Lakhs Investment

If you do not have huge capital but want to start something of your own, don’t worry. You can do many businesses can by investing a small capital, but the returns are promising. Here are some of the best business ideas with 5 lakhs investment in India-

1. Franchise Stores

There might be a bunch of ideas coming to your mind, but opening a franchise store can be one of the best amongst them. There are a lot of advantages in opening a franchise store, such as:

  • The significant advantage is that you would get a pre-sold customer base. This means that people who are already aware of the brand and using it will not have to worry much about marketing the brand.
  • There are multiple franchises that can help you starting from pre-opening to complete operation.
  • They also offer free training to the staff members and managerial support.
  • Investment varies from franchise to franchise, but there are a lot of franchises that can be started under 5 lakhs.

2. Incense Sticks Manufacturing Business

Undoubtedly, India is a potential market for this business as incense sticks are used on various occasions.

The profit margins are relatively good; for example, if you manufacture 100kg of raw agarbatti in 10 hours with the help of one high-speed machine, you can earn Rs 12 per kg from it. You can start this business as it can be done within Rs.5 lakh easily because the machine costs from Rs 1 lakh to Rs 2Lakh.

3. Online Advertisements

30 Best Business Ideas with 5 Lakhs Investment

With the increased usage of the internet, online business has seen an enormous boom. Every business wants to make their name and place online to increase the customer base and profit. You can take this advantage and earn money by going on an online adventure.

As per the reports, in the year 2019, the online advertisement business made a revenue of around Rs.600 crores, and now you also have a chance to be a part of it. You can start your service-based company with an investment of 1-3 lakhs.

But, you would need a strong command of online advertisements, knowledge of how social media works, networking skills, etc. You can earn a decent amount of money in this business if you manage to make your own clients and deliver what they ask for.

4. Disposable Paper Plate and Cup Manufacturing

If you have a great business plan, then manufacturing disposable paper plates and cups can be a profitable business idea  under 5 lakhs investment. The demand for these products has increased tremendously since the ban on plastic in India.

This can be the best time to enter this business as you would be able to get the advantage because of the high demand. Disposable cups and plates are used in almost all the functions such as birthdays, weddings, anniversaries, get together, corporate events, etc.

For starting this business, you would need capital to buy material, purchase machines, and for the workforce. You can do all this for under 5 lakh with one machine. As your business grows, you can expand your business by buying more machines.

5. Food Truck

30 Best Business Ideas with 5 Lakhs Investment

This is a fancy way of opening a food outlet and is very much in trend these days. It would be best to buy an old automobile and start making and selling food on it. It can be a fantastic idea as people really like it because it is relatively hygienic to an open food stall.

The significant advantage of this business is that you can move your truck from one place to another as per your choice. You can go outside the university campus, corporate offices, tourist areas, or anywhere you think the footfall is high.

This can be one of the best business ideas with 5 lakhs investment as it is profitable, you need not pay any rent for the place and can work as per your convenience. You need to ensure quality and hygiene; if people love your taste and quality, you have a great scope in this business.

6. Pest Control Business

A couple of decades ago, this business was considered very basic and simple. But, in today’s time, it has changed completely and has become sophisticated, and requires a lot of equipment and pesticides which can effectively remove anything from mice, cockroaches, bed bugs to termites.

There are pests not only at homes but also at farms as well where they destroy the fruits and vegetables. Hence, people search for pest control services; you can start this business as it requires less investment. Initially, you would have to invest in small spray machines and chemical sprays; later, you can buy big machines as per your business requirements.

The potential customers in this business are hotels, restaurants, corporate offices, housing societies, etc . You can either approach them directly or use other market strategies to make people aware of your business.

7. Water Purification Units

It has become one of the most lucrative business ideas because of the low investment and high profits involved in this business. The primary motive behind this business is to provide clean and potable water to the customers. The investment would be required to set up the water purification plant plus packaging and delivery.

If you get certification for your business, it can help you gain more trust and confidence in your brand. As per the demand or area, you can choose your target market such as commercial setups, household, corporate offices, hotel industry, etc.

8. Mobile Accessories Business

Mobile phones have become an inevitable part of everyone’s life today. Investing in the mobile phone accessory business can be a profitable business idea under 5 lakhs investments. You can make a list of accessories that you would keep, such as phone covers, headphones, earphones, chargers, Bluetooth speakers, etc.

Once you decide on the products, you can plan if you wish to start the business online or offline. If you do it offline, choose a place for rent either in a marketplace or a kiosk in a mall. You can contact a local dealer to purchase the products so that you can get the products quickly.

You can attract more customers by giving great deals and discounts. Ensure that you do not sell low-quality products as that would lead to customer dissatisfaction.

Also Read: Schemes by the Ministry of Food Processing for NGO’s

9. Consulting Agency

There is a lot of scope in this business as these days people need professional advice before starting any business. It is an evergreen business idea as people always prefer taking advice from a consulting agency in various prospects.

This can be one of the best business ideas with 5 lakhs investment.  all you would need is to rent an office and hire a few employees. As a consulting agency, your role is to advise other people in an area of your specialty.

For example, if someone wants to become an engineer, they might ask you about its study, industry, job prospects, salary, and other such questions. You can provide consultation in any field such as education, business, career, personal development, etc .

10. Printing Business

As a startup business, it can be an excellent idea as it is in high demand. Many people need visiting cards to be printed, wedding cards, invitation cards, newspapers, etc . Furthermore, you can also start with flex printing or even xerox as well.

For starting this business, all you need is a printing machine and ink, which means it can be started with an investment of less than 5 lakhs. You might need some manpower as well to help you at work.

As work increases, you can take more machines and expand your business. The profit margin is outstanding in the printing business; all you need is marketing to get more and more clients to make more money.

11. Optical Frame Manufacturing

This business is flourishing in India for a couple of years as people not only wear shades because of the problem in eyesight, but it has also become a fashion trend now. The manufacturing process of the optical frames is very simple and straightforward.

The machinery costs around 3-4 lakh plus you would need space on rent where you can start the manufacturing and a few staff who can help you complete the process.

The raw material cost is meager as the plastic is cheap. All in all, the average price of one frame would cost around Rs.150 to Rs.200, including designing and labor charges. You can sell one frame at Rs.250 to Rs.300. It means that the profit margins are good in this business. So, this can be one of the best business ideas with 5 lakhs investment and all you would need is to maintain the frame’s quality so that its demand increases.

12. Catering

The demand for catering stays all year round as people need it for birthdays, marriages, anniversaries, weddings, and other special occasions . For starting this business, you would need kitchen equipment, a great chef, and a catering crew as well.

Serving quality food is really important in this business, and if you win the heart of people with your relishing food, then the market is all yours. Initially, you can start this business at a small level , and then you can expand as the demand or clients increase.

You can start it by taking a small room on rent or from your home and then gradually you can take it to a large scale business when required. Because of the low investment and great profit, it can be said to be the best business ideas with 5 lakhs investment.

13. Export Business

You can pick any product and export it from India to any part of the world where you have contacts. The government of India has made the export procedure pretty simple and straightforward by offering numerous incentive programs. This can be a profitable business as all you need is to buy products from a manufacturer and sell it in a different country.

You can commence export from agricultural products as they are available easily in bulk in India. This business can be easily started under 5 lakh as all you need is to procure products and send them.

A few things are required for starting this business, such as a registered company name, import-export code, and a current account in your company’s name.

14. Travel Agency

This business might sound exciting to people who love traveling or have good knowledge of various places in the world. This business is flourishing for a couple of years because numerous people have started traveling now, not just for business but also for vacation.

Various people do not prefer booking themselves but hire agencies who can make all the travel bookings. It is a straightforward and easy business; you do not require any special skills or experience to initiate it.

People would contact you via phone or visit your office to get the airplane, bus, or train booking. Once you know their traveling dates and other details, all you need to do is get the bookings done for them. You can also make the booking for hotels and taxis as well if the client wants.

All you would need for starting this business is an office space, printer, computer, and a few employees . You can surely begin this business under 5 lakh, and you can earn a decent amount of money every month.

Also Read: 30 Profit-Making Small Scale Manufacturing Business Ideas

15. Clothing Store

Clothes are not just a basic necessity of life but have become a fashion trend too. Clothing stores are high in demand these days; you can either open a store online or take a space for rent. You can either sell readymade garments or clothing material as per your knowledge or interest.

For opening a store, you would need a space for rent, clothes and a few employees. Thus, it is one of the best business ideas to start under 5 lakhs as the investment is low, demand is high, and profit margins are good.

It would be best if you made sure that the clothes that you buy should match with the demand of the people where you open the store as people have different choices some people like trendy clothes, a few like simple, while some like flashy, etc. so keep the requirements of your customer in mind to prevent the dead stock.

16. Delivery Services

You can start this business by just investing Rs.50, 000 to Rs. 1, 00, 000. Delivery services have become a part of life, and it is not just a constraint to food anymore but many other things such as groceries, gifts, flowers, and whatnot .

There is a massive demand for them today, and people outsource this from the other companies. You can either give delivery men to other companies for delivery services, or you can deliver their products and charge commission on that.

The growth prospects in this business are high because everything has become online these days, and people love getting things delivered to their homes as it saves their time and money. Hence, you can start with the delivery services business as it has high growth prospects and revenue.

17. Content Writing Agency

30 Best Business Ideas with 5 Lakhs Investment

Because of the increase in India’s online business, quality content of highly in demand, you can take this advantage by opening your content writing agency to keep writers who are creative and possess a good command of the English language.

Content is not only required for the website but also online marketing as well. People want a distinctive type of content such as educational, technical, housing-related, e-books, and much more . You can hire writers from different academic backgrounds so that they can write in distinct areas.

For starting this business, you would require to get the firm registered and complete some basic formalities. Initially, you can keep five writers and then hire more as per the requirement and work. This is a profitable business as the investment is pretty less; hence, it can be the best business ideas with 5 lakh investment.

Sound interesting, isn’t it? Cafés have become very popular today as people love going there and spending time with their friends, family, colleagues or sometimes alone. Hence, you can open a small café, and you can effortlessly start it with 5 lakh investment.

Location is significant if you plan to open a café as you should open it either at a marketplace, near offices, or close to universities where students can spend time after college. You can sell tea, coffee, sandwiches, mocktails, etc., in your café.

Another vital thing to keep in mind is the environment, ambiance, and branding of your café. The interior of the café should be different and such that people get attracted towards it. Also, decorate it well so that people feel welcomed and want to visit it again and again.

19. Wedding Equipment Rental

Are you hearing about this business for the first time? Yes, this is a profitable business, and a lot of people are already into this business. You can earn a lot of money during the wedding season. In this business, you would need to buy wedding equipment and rent them to different event organizers.

You can purchase chairs, tables, lamps and lights, wires, artificial flowers, clothes for decoration, wire, etc. You can buy these materials in bulk at a lower price and give them on rent at a higher price. You can cover your cost in just a couple of weddings, and the rest is all your profit.

20. Spa Services

30 Best Business Ideas with 5 Lakhs Investment

The spa is an excellent method to relax mentally and physically. In today’s time, people have become really busy with their tight work schedule, long traveling from work to home, balancing between work and family, etc. Because of all this stress, people these days love going to a spa as it makes them feel relaxed and at peace.

You can offer various services to your clients, such as full body massage, foot massage, head massage, facials, manicure, pedicure, hydrotherapy, aromatherapy, and much more .  It is one of the best business ideas with 5 lakhs investment as the demand for it is growing and the profits are also decent.

While opening the spa, you need to ensure that the location you choose should be good, and do not forget to create a peaceful environment and soothing ambiance for this small business.

21. Shoe Laundry Business

Have you heard about this business before? Various people are not aware of this business as this is a unique business, and there are very few people who offer these services. You can take the benefit and open a shoe laundry business that requires less investment, and its demand is growing because many shoes cannot be washed or repaired at home.

People are concerned about their hygiene and health; hence they want their shoes to get cleaned and repaired. There is a good scope for you in this business as people do not have enough time to do this, plus they are not aware of the right procedure.

To start this business, you would need a small shop on rent and equipment to clean the shoes plus manpower to help you do this. Ensure that you provide good services to your customers only then they would revisit your store.

22. Photography Business

People these days are going crazy for photography of their marriage, kids, pre-wedding, pregnancy shoot, birthdays, and much more . They want to capture every moment of their life, and for that, they are ready to spend an ample amount of money.

You need to possess professional skills to be a good photographer; not everyone can do it. You must have seen multiple photo studios where people get the photos clicked for ID, work, or personal use but professional photography is much more than this.

Wedding photography is a profitable business in India as people are ready to spend a massive amount of money on their wedding, especially in their pictures and videos. For starting this business, you would have to make a studio, and for that, you would need to make space for rent. You would also need good cameras, lenses, lights, tripods, and a few talented photographers in your team.

23. Departmental Stores

This can be a great option if you are willing to give time to your business as here you would have to spend time from 10 in the morning to till 8 in the evening. In a departmental store, people can do multiple things in one place, such as groceries, personal care products, branded food, confectionery items, and much more.

These stores have become very popular these days because people like shopping here because they get everything in one place plus all the items are on display which makes shopping easy. Owning a departmental store requires a good investment, but it has tremendous returns.

For marketing your store, initially, you can provide excellent offers and discounts so that more and more people get attracted to it. If you provide good quality products, then these customers would come back to your store again for sure.

24. Setting up Online Stores

E-commerce has become one of the most growing sectors in the 21 st Several people think that setting up an online store would require a lot of investment, but that is not right. It has various benefits, such as affordable and convenient to set up, so it is said to be the best business ideas with 5 lakh investment.

For starting this business, you would need to consult a website development company and get your website and online store created. You can select any product you are interested in, such as clothes, footwear, accessories, jewelry, home décor, furniture, etc.

The best thing about it is that you need not set any physical store, and you can work at your convenience. Ensure that you sell high-grade products and deliver them on the date mentioned so that people can totally rely on your website .

People have become fitness freak these days and have become more inclined towards healthy living and eating. These are some of the reasons why opening a gym can be a great business idea. In India, people have a diet that comprises carbohydrates and fat.

We also include a lot of oil in cooking which creates extra body fat. People have an unhealthy lifestyle because of long working hours and a stressful environment; all these factors together push people to work out and go to the gym.

You can open a small gym with an investment of 5 lakh and can expand or increase the machines as more and more people join the gym. You would require a big space plus basic exercise equipment, AC, and a music system for starting the gym.

Also Read: 25 Profitable Small Scale Manufacturing Business Ideas in India

26. Home-made Sweets and Sauces

Many people love to try different recipes and are super good at making them. India is a vast market for sweets and sauces. If you are aware of some traditional recipes for making them, you can start this business on a small scale initially, and as people like its taste, you can expand it.

This business is one of the best business ideas with 5 lakhs investment as it can be started with an investment of less than Rs. 50 000 and all you need is s ome raw material to prepare the sweets, sauces, jams, and savories. You can pick any snack, sweet, or sauce in which you are an expert.

As people have become health conscious, they like picking food that is home-made and hygienic. Ensure that you consistently provide good quality stuff so that people come back to you again, plus recommend it to their friends and family as well.

27. Home Maintenance Solution

Be it a commercial property or household, and both need maintenance and servicing after a while. You can start this business and include all sorts of services such as plumbing, repairing, cleaning, dry cleaning, electrical, pest control , and much more. People would love it when they get all the services in one place.

You can keep various offers and discounts or charge them either for one visit or take an annual fee, and they can contact you whenever required. This business needs less investment, but you can earn well as you can charge a reasonable amount from your clients for every single visit.

28. Organic Food Store

Organic food is costly; in fact, it is double the non-organic products’ price. To stay fit and eat healthily, people are changing their food habits and food products as well. Especially in big cities where people have become more aware of the chemicals used in food products, they switch to organic food.

The demand for these food items has increased for a couple of years, and it seems that it is a never-ending business. You can also open a small grocery store where you can offer all the organic stuff. You can also keep other items such as grains, pulses, pickles, sauces, etc ., which are organic.

For starting this business, you would need to take a small space on rent, contact a dealer who can supply all these products, and a refrigerator where you can store all these things as they are all perishable items.

29. Manufacturing of Toys

This business really needs creativity as you should be able to create toys that kids love. There are various kinds of toys available in the market: stuff toys made of plastic or wood. You can choose the type per your choice and knowledge or make the entire range of toys.

Making toys is an art; hence, you need to ensure that you create such toys with which children can relate and enjoy playing with them. The investment in this business would depend on the type of toys you make and how many machines you set up.

If you wish to set up a small-scale toy manufacturing business, it can be done efficiently in 5 lakh. You would need machinery, space for rent, plus a few employees working for you for this business.

30. Soap and Detergent Manufacturing

Both soap and detergent can be manufactured easily with man and machines’ help. You can also make exotic soaps as people like using different kinds of soaps. For starting a soap manufacturing business, you would need raw material, molds, and specialized vessels to boil the mixtures and a few employees.

These are daily-use items, so the demand for these products always remains constant. In fact, handmade or herbal soaps are much in demand as people prefer using them over chemical soaps. Good quality products will ensure your success, so try and use an eco-friendly formula so that a lot of customers get attracted to your products.

These were some of the best business ideas with 5 lakhs investment .  You can start with less capital at the initial stage and then expand it by doing hard work. Using these business ideas would be beneficial and supportive enough to help you set up your business at less cost. Make the most of your money by doing research and planning well.

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Good Article, as it will help to lot of people who wants to start new business with medium to low budget.

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  • 30 Best Manufacturing Business to start with 10 Lakhs or 15 lakhs

Many of us aspire to become entrepreneurs. Starting a new business involves huge investment. Some might be interested in starting a simple business and some think of starting a manufacturing business. If you are thinking of starting a Manufacturing Business with low investment, this article is for you. Which are the Top 30 Best small manufacturing business ideas that can be started under Rs 10 Lakhs investment? If you can afford some more investment, these could turn as best manufacturing business ideas to start with Rs 15 Lakhs too.

Also Read: 50+ Manufacturing Small Business Ideas to start with low investment

What is a manufacturing business?

The process of converting raw material or components into finished goods to be sold directly to the consumer or to other manufacturing units is manufacturing business. A manufacturing unit may be simple with few processes required to be done to a highly complicated one. It employs a man and machine set-up with a division of labor. The simpler manufacturing units do not demand much of the capital and can be set up a minimum of efforts. This article presents a few manufacturing business ideas that require small capital investment.

Small-Manufacturing-Business-Ideas-under-Rs-10-Lakhs

What is the future of manufacturing business?

The manufacturing business has entered into a dynamic phase. It has a high potential for growth, but one should forget the innovation factor in it. The conventional methods of manufacturing as well as marketing will not work now. Only the manufacturing units that have adapted according to the changing environment have been able to survive. Also, the degree of competition is much higher in every field now, which may pull down the profit margin.

Top 30 Best Manufacturing Business to start with 10 Lakh or 15 lakhs

Here is the list of business investment of Rs 10 Lakhs. If you can afford more you can invest upto Rs 15 Lakhs too.

1)     Packing boxes and cartons – Packaging boxes and cartons have extensive use in our daily life. Things are transported from within the country or outside the country using these cartons and boxes. The cost of its manufacturing machine is between Rs. 5 – 10 lakh. One of the good business under 10 Lakhs to start.

2)    Optical frame manufacturing – The manufacturing of optical frames for any kind of spectacle is growing at a very fast pace. Its manufacturing process is very simple. You could import machinery from China or any other country which would cost you around Rs. 3 lakh to 5 lakh. As the plastic is cheap, raw material cost is very low, screws are added manually or with the help of a machine and the final part is its designing if required. The total cost of manufacturing a plastic frame is around Rs. 150 to 200 including labour charges and its selling price is around Rs. 250 to 300.

3)     Manufacturing of scented sticks – You can initiate scented stick making business. The profit margin in this business is Rs. 10 per kg and you can easily produce 100 kg of raw agarbatti in 10 hours with the help of one high-speed machine. The machine costs around Rs. 4 lakh.

4)     Customized T-shirt printing – you might have seen people wearing T-shirts of their own names or some personalized message. Such t-shirts are much in trend these days. These are made with the help of a T-shirt printing machine. This can be another brilliant business idea.

5)     Tissue paper making – Tissue papers are demanded everywhere, be it restaurants, coffee shops, tea stalls, food centers, weddings, parties, etc. You can start a manufacturing unit of tissue paper. The cost of tissue paper making machine is under Rs. 5 lakh. The scope of growth is immense in this business. It is one of the Best Small Manufacturing Business Ideas to start with low investment.

6)     Jute bag making – Jute bags are used for packing different types of grains. For this business, you need two simple machines – one for cutting and one for sewing and with the help of two or three labors, you can easily start this business. It is a business of very low investment.

7)     Packaged drinking water – Packaged drinking water is in high demand at commercial as well as residential places. With the growing hygienic concerns of people, its demand has even raised more. You can pack drinking water in various sizes like bottles of half a litre, 1 litre or cans of 10 or 20 litres.

8)     Designer candle making – Designer scented and colorful candles are demanded throughout the year and especially near the festivities. They are extensively used as decorative in homes, birthday parties, and weddings, at restaurants, hotels, etc. The manufacturing of candles is done with the help of machines and the costing is also not much. It is one of the good manufacturing small business ideas to start with low investment.

9)     Making of cell phone cases – The drastic increase in the use of cell phones has triggered the need for cell phone cases that protect the cell phones from being scratched or broken. It is a very profitable business. The cost of manufacturing 1 simple plastic case is under Rs. 30 and the selling price is Rs. 150.

10)   Towel making – You can initiate the production of towels. They are always in demand at homes or hotels. The cost of manufacturing depends upon the machinery and the raw material used in manufacturing.  Generally, its small scale business can be set up between Rs. 5 to 7 lakh.

11)   Health and fitness Centre – It has become the need of the hour to keep ourselves fit.  People are spending good sums of money to keep themselves with good health. This is the reason; it has become such a profitable business. Initially, you can start a center with a few types of machinery and as the business expands you can bring more lately.

12)   Spa services treatment – Spa is an excellent medium to relax mentally and physically. Spa treatments include body treatments, facial massage, aromatherapy, hydrotherapy, manicure, pedicure, etc. This is one of the best business under 10 lakh to start. You need to ensure a good and peaceful environment and soothing ambiance for this business.

13)   Ball pens manufacturing – The cost of a ball pen is between Rs. 5 to 10 in the market, so just imagine how low would be its manufacturing cost. It is one small scale industry that requires very little investment and the production is in bulk. Just use good quality ink and build the required reputation. Design and appearance also matter a lot in this business. It is one of the Best Small Manufacturing Business Ideas under Rs 10 Lakhs.

14)   Soap and detergent manufacturing – Soaps and detergent can be manufactured easily with the help of man and machines. These are routine items that are used in every household, so the demand is constant. These days, herbal soaps and detergents are preferred over synthetic ones. So design a good eco-friendly formula and mint good profits out of it.

15)   Manufacturing of toys – There is a plethora of toys available, from which one can choose like plastic or wooden or stuff toys. Prepare an entire range of it. Toy-making is an art. You can use your creativity to generate a variety in it. The investment depends upon the kind of toy you have selected. It is one of the Top Manufacturing Small Business Ideas to start for high profits. This could be one of the best business to start with Rs 15 Lakhs investment

16)   Fireworks manufacturing – Fireworks are in great demand during the festival and marriage seasons. Bright and colorful crackers are demanded to celebrate the occasions. This industry has a very good margin with the raw material being very cheap.

You may like: Latest Manufacturing Business Ideas in India

17)   Women accessories – Accessories like earrings necklaces, bangles are one of the favorites of every woman. There is a wide range of designs which can be made like stonework, beadwork, silk thread, etc. The focus should be that the raw material has to be good and design has to be unique. Use your creativity and come up with the best jewelry designs to take your business to successful heights.

18)   Protective Packaging material – with the initiation of e-commerce, the demand for protective packaging material like foam sheet, thermocol sheet, bubble sheet have escalated a lot. Their manufacturing process is quite simple and the investment is around Rs. 10 lakh.

19)   Eco-friendly disposables – Keeping in view the harmful effects of plastic disposals, the demand for eco-friendly disposals have risen. They are highly demanded in weddings, parties, at mobile food vans, tea stalls, etc. You can easily initiate a business in which eco-friendly disposals are produced. The investment in this small manufacturing business is around Rs. 5-7 lakh.

20)   Garment manufacturing unit – With the increasing fashion trends, garments have been in the highest demand and it is ever-lasting. You can lay down a garment manufacturing unit with an initial investment of Rs. 8 to 10 lakh.

List of Business Ideas under 10 Lakhs

Here is the list of some business under 10 lakhs.

1) Catering business

2) Travel business

3) Fitness centre

4) Dance classes

5) Water purification business

Conclusion: It is not compulsory that a business can be initiated with huge capital only. At the initial stage, start with little capital, nurture it with hard work and dedication and later on, you can expand it to take it to the pinnacles of success.

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50 comments

Hi sir i’m viswa ,andrapradesh,from kurnool. I’will srach by 10lackhs business with good morgine. Pleade advaise me

How much will it cost to packaged drinking water,how much we have to invest

How much will it cost to start a packaged drinking water factory ( like Bisleri or Kinley) at small scale

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Hello, this is Suresh KP , the founder of this blog. I have written over 2,500 articles on this blog covering various investment options in India. I am a Certified Investment Adviser and a Certified Research Analyst. However, I am NOT a SEBI Registered Investment Advisor . The articles on this blog are created for educational purposes only. Please consult your investment adviser before making any investment decisions.

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Smartworks leases 1 lakh sq ft office space in Gurugram, opens 1,000-seater centre

The new centre, which is already operational, can accommodate up to 1,000 desks, each available to clients at a monthly rate of rs 20,000. .

Business Today Desk

  • Updated Feb 22, 2024, 3:18 PM IST

The new centre, which is already operational, can accommodate up to 1,000 desks

Smartworks, a co-working firm based in New Delhi, has leased 100,000 square feet of office space in RK Four Square, a complex in Cyber City, Gurugram. The new centre, which is already operational, can accommodate up to 1,000 desks, each available to clients at a monthly rate of Rs 20,000. 

This expansion is in response to the increasing demand for workspace from corporate entities. Smartworks, established in 2016 by Neetish Sarda and Harsh Binani, has a presence in 14 cities across India, with over 8 million square feet of space in more than 40 locations. 

In 2019, the firm secured USD 25 million in funding from Singapore's Keppel Land Ltd for its expansion plans. It is set to raise between USD 70 and 90 million in equity capital in the current fiscal year to support future growth. The company's revenue increased from Rs 394 crore in the previous fiscal year to over Rs 700 crore in the 2022-23 fiscal year.

Neetish Sarda, Founder, Smartworks, said, "Gurgaon is a key market for us, and we're excited to share our expansion with RK Four Square in the vibrant business hub of Cyber City. This follows our recent acquisition of Golf View Towers on the Golf Course Road, which is approaching maximum occupancy, highlighting the growing demand for our managed offices. With our footprint crossing over 1 million sq. ft throughout Delhi-NCR, we remain bullish and committed to further expanding our regional presence."

The co-working sector, which includes managed office space providers, leases spaces from real estate developers and sub-leases them to enterprises and individuals. According to Vestian, a real estate consultant, the portfolio of flexible office space operators is projected to increase from 55 million square feet to 81 million square feet by 2025. 

The report also outlined that there are 50 major operators in the flexible space sector, offering a range of services from dedicated desks and hot desking to co-working spaces and managed office spaces.

Also Read:  Look out notice issued against Byju Raveendran in fresh trouble for edtech firm founder

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Biden administration to forgive $1.2 billion in student debt for over 150,000 borrowers

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  • The Biden administration said on Wednesday that it would forgive $1.2 billion in student debt for 150,000 borrowers enrolled its new repayment plan.

The Biden administration said Wednesday it would forgive $1.2 billion in student debt for nearly 153,000 borrowers enrolled its new repayment program, called the Saving on a Valuable Education , or  SAVE, plan .

The relief will go to borrowers who have been in repayment for a decade or longer, and originally took out $12,000 or less.

Borrowers usually get debt forgiveness under income-driven repayment plans, including SAVE, after 20 or 25 years of payments. But under the SAVE plan, those who borrowed less can get their debt canceled after just a decade.

In January, the Biden administration said it would soon start to forgive the debt of these borrowers who had signed up for its new plan.

"With today's announcement, we are once again sending a clear message to borrowers who had low balances: if you've been paying for a decade, you've done your part, and you deserve relief," U.S. Secretary of Education Miguel Cardona said in a statement.

More from Personal Finance: New student loan payment plan may help borrowers become homeowners Renters are most exposed to climate hazards in these two states If you win a Super Bowl bet, the IRS is a 'silent partner,' expert says

Eligible borrowers will begin receiving emails from President Joe Biden on Wednesday and do not need to take any further action to receive the relief, the U.S. Department of Education said.

After the Supreme Court  blocked  Biden's sweeping student loan forgiveness plan last June, his administration has explored all of its  existing authority  to leave people with less education debt . 

It has now canceled debt for almost 3.9 million borrowers, totaling $138 billion in relief.

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Ikea to close store at Mumbai's RCity mall by mid-2024

Apart from mumbai, ikea is also present in hyderabad and bengaluru with its big-format stores. it is also set to open stores in delhi-ncr, including in gurugram in various formats..

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By CNBCTV18.com   Feb 22, 2024 2:42:50 PM IST (Published)

Ikea to close store at Mumbai's RCity mall by mid-2024

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Construction firm NCC eyeing fresh orders under Jal Jeevan Mission in FY25

Hudco aims to grow its asset base to ₹1.5 lakh crore by fy26, a brief look at telangana's ₹2.76 lakh crore budget, finance minister sitharaman says pli scheme has created 7 lakh jobs with ₹1.07 lakh crore investment.

COMMENTS

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    #3 Face Mask The face mask is in huge demand and likely to remain in demand. Face masks are of multiple types such as cloth masks, surgical masks, and N95 respirators. You can start a cloth mask and surgical mask business with a low investment of less than 1 Lakh.

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    It is an excellent return on investment, where you can make a profit of about 20% based on the items you make. 7. T-Shirt/Mug Making Business. If you want to start a business with an investment of less than Rs. 1 lakh, then a T-shirt printing or mug printing business is a great choice.

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    1. Food Truck. The most accessible and profitable business to start is a food truck. In India, the Food Truck business is over $3 billion. You, too, can tap into it. You can quickly start this business with an investment amount of Rs 1 lakh. A significant chunk of your investment will go into getting licenses and permits.

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    The funds required to execute this low-investment business idea might be slightly above Rs. 1 lakh, but an intelligent entrepreneur might even be able to manage everything within this budget. Related: 41 Best Food Business Ideas in India. 3. Selling Homemade Food Items. Homemade items are in high demand nowadays because people want to eat ...

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    There are various business ideas that can be started with 1 lakh and have a 100% success rate worldwide. A business idea is a concept that can be used for financial gain that is usually centred on a product or service that can be offered for money. An idea is the first milestone in building a successful business.

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    Running a coffee shop can be one of the most lucrative businesses that you can start with a one-lakh-rupee investment. You can procure used books at a very low cost, but you should remember that some people prefer reading e-books while others like holding a real book in their hands. ... Therefore, it is important to have a business plan ...

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    The business of honey making is associated with bee farming. It is one of the easiest business ideas that can be started with low cost. Honey is in great demand due to its remedial properties. The capital needed is Rs.25,000. People would also called this as good home manufacturing business under 1 Lakh. 9) High profit Toys manufacturing Business

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    The government also supports the papad business under the it's Entrepreneur Support Scheme and you will get a subsidy of up to Rs 1.91 lakh rupees for setting up a Papad manufacturing unit. The food item has a huge demand in the Indian market and it can be set up anywhere with limited financial resources.

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  23. Top 10 Investment Plans In India 2024

    For long-term capital gains, if the profits are less than INR 1 lakh in a financial year, the investment return is completely tax-free. If the long-term capital gains are more than INR 1 lakh, tax ...

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  26. Smartworks leases 1 lakh sq ft office space in ...

    Smartworks, a co-working firm based in New Delhi, has leased 100,000 square feet of office space in RK Four Square, a complex in Cyber City, Gurugram. The new centre, which is already operational ...

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    A brief look at Telangana's ₹2.76 lakh crore budget Feb 10, 2024 5:22 PM Finance Minister Sitharaman says PLI scheme has created 7 lakh jobs with ₹1.07 lakh crore investment

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