If you are looking for new manufacturing business ideas to start in India for 2020, then you are on the right page. Here we’ll provide you the top 10 Manufacturing Business ideas that are easier, doable, within low investment and can have a big potential.
1. Bakery Products
Over the decades, bakery products had played a major significance role in our day-to-day life, whether it’s a tea time or a breakfast, people love to taste delicious new bakery products.
If you are a good cook, then you have a great ability to succeed in this manufacturing business idea. The bakery products, such as pastries or cakes, are always needed on birthdays, weddings, festivals, or to devour it at home.
You only need a low initial investment. You can start making these products with just an oven and the ingredients of the bakery product, which are easily available in the market. But you need to maintain the quality of the products that you are providing, which will help you to succeed in the business.
2. Luxury Candle Making
The rise in the demand of LEDs and bulbs has reduced the usage of candles. But the demand of luxury candles has been continuously increasing. Nowadays, you will notice their use at restaurants, weddings, and any other romantic settings. During festivals and wedding seasons, the demand is extremely high.
Since candle making is easy process and not too time-consuming, you can experiment with different types of shapes, colors, and aromas for fancy candles.
For a business in candle manufacturing, the raw materials required are wax, molds, wick, thread, aroma oils, and more. In addition, you also need to have some candle-making equipment. To get a good start, ensure you target event management specialists, salon, spas, restaurants, wedding planners, and hotels.
3. Disposable Plates and Cups
Disposable food-grade plates and cups are used on a large scale in India during parties, events, functions, picnics, etc. They are also used extensively by street vendors and hawkers. Therefore, this business is one of the most great manufacturing business ideas in India.
You will need some patience and planning to start with this business. These plates and cups come in different shapes, sizes, and designs. You will need to clarify on your plans to have your niche. The raw material required for manufacturing disposable papers and cups are very cheap. But you need to be confident that your products are convenient and appealing at the same time. The investment required to setup this business will range from low to medium, depending on your production target.
4. Organic Soaps Manufacturer
Nowadays, more and more people go for chemical-free alternatives, it is the perfect time to fall into the organic soap business. The soaps business is growing day by day as the hotels and restaurants have started to give small sachets to their customers daily. Currently, the market is not saturated yet, there are only few suppliers of the same. So you will have plenty of favorable circumstances to succeed in the business.
To start organic soap business you will need raw materials like essential oils, glycerin, herbs, moulds, microwave, and more. An initial investment of about Rs 1.5 lakh to Rs 2 lakh is required and you can expect pretty exciting returns.
5. Incense Sticks Manufacturer
Incense sticks, popularly known as agarbatti is in large demand in India as well as overseas and the market is continuously growing. The neighboring countries such as Bhutan, Nepal, Burma, or Sri Lanka are also using these sticks from old age.
You can start making incense sticks in your home and the material required to make Incense sticks are bamboo sticks and essential oils with fragrances such as rose, champa, sandalwood, jasmine, rose, etc.
6. Jam and Jelly Making
Jams and Jellies are a great option to have when you are traveling or staying alone, as they make your food more delicious. If you want to start a small, manufacturing preserved food items is a safe and easy option.
As a manufacturer of preserved foods, study details about the shelf life of ingredients, various ways of preserving food, ways to increase the shelf life of products with high moisture content, etc. Start with seasonal ingredients which are cheap and easily available.
Pickles are a classical food item in India and are quite popular. In every Indian household, you will find at least one variant of pickle. So, if you want to start small, a pickle business is a safe and easy alternative. Apart from the Indian market, requirement of Indian pickles are highly in demand abroad.
8. Fashion Jewelry
Fashion accessories such as necklaces, bangles, etc. are trendy among females. They are always in search of fashion jewelry that matches with their clothing. Thus, this business is one of the most lucrative manufacturing business ideas in India.
If you can find reasonable and reliable raw materials in addition with a retailer to sell your products, then this business will bring immense profit. Influencer marketing is a one of the great way for such brands to gain traction.
9. Crockery and Cutlery
Crockery and Cutlery sets are some of the most treasured assets in every Indian home and are usually reserved for festivals and occasions. They also make for perfect gifts for anniversaries, weddings, and festive celebrations.
To manufacture crockery and cutlery sets, you should first gain knowledge about the industry. Learn about the various metals used along with its advantages, and disadvantages. Create designs that are not very familiar in the market, come up with elegantly designed gift sets and focus on keeping them trendy.
10. Smartphone Accessories
Global smartphone market is shrinking but India’s smartphone market is growing extremely. Smartphone accessories such as phone cases/covers, selfie sticks, tempered glass, and other accessories as well are also in big demand. This high demand of smartphone accessories makes the business high in terms of profit.
Investment required to make smartphone accessories such as low capacity tempered glass making machines cost around Rs 75,000 while high capacity ones cost over Rs 1.5 lakh.
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