The cost of a manufacturing business generally is very low, and these businesses promise high profits, which makes them a good choice.
Here are some manufacturing business ideas with low investment that can give high profits:
1. Candle making
This is one of the most popular small manufacturing businesses as fancy candles, and fragrant candles are always in demand.
This business requires wax, perfume, molds, dyes, and the equipment for holding wax. All of this is at an affordable price of as less as Rs. 25,000.
2. Soap and Detergent
Soaps and detergents are products which are always in demand. But if you want to start with this business, you should know the process first so that you come to know how to mix the right ingredients in the correct quantity.
3. Sports items like a bat
Sports items like bats can be started with less investment along with other sports items like a ball, badminton racket, carrom board, etc.
Paper manufacturing business in India has good potential since it is in high demand.It is a low-cost business which has the tendency to give high profits.
Some necessary materials required of the business are the equipment, chemicals, and other raw materials.
5. Manufacturing stationary items
Manufacturing stationery items like envelopes and folder files are in high demand. You can go for making them by hand or the usual machine process. But it is advisable to go for machine process as the production will be high and there will be fewer chances of errors since no human will be involved.
Some materials required for this business are mixers, weighing scale, etc.
6. Manufacturing cookies or biscuits
If you are looking for a manufacturing idea for home, this is a good option. The ingredients are only basic, and they include flour, sugar, mixture, and grinder.
For starting this business, you should know about the process.
7. Hair oil
Another profitable business is manufacturing hair oils. Hair oil is an item which is used by everyone.
The materials include oil, herbs, bottles, etc.
If you want a loan for your manufacturing business, contact Gromor Finance for a loan at an attractive interest rate!