If you’re looking for a way to expand your business and make more money in the future, but aren’t sure what are the best manufacturing business options that can be started with 15 lakhs, here are some ideas to get started.
You may like to read: Top 60 Small Scale Manufacturing Business Ideas
Table of Contents
What is the best manufacturing business to start with 15 lakhs?
- Snacks Manufacturing Business
- Hand Sanitizer Manufacturing Business
- Pharma Capsule Manufacturing Company
- Corrugated Box Manufacturing business
- Balloon manufacturing business
- Bandage Manufacturing business
- Tissue Paper Manufacturing business
- Face Mask Manufacturing Business
- Starting up a business to make PET plastic bottles
- Brick Manufacturing Business
- Screw manufacturing business
- Toys manufacturing company
- Starting a business that manufactures egg or apple trays
- Manufacturing LED light bulbs as a business
best manufacturing business to start with 15 lakhs
1. Snacks Manufacturing Business
Snacking has become a lifestyle for many individuals.
Commonly, people eat between 6-7 times a day across different countries. Businesses such as Haldirams started out small but are now earning large profits by selling Indian traditional meals in the global market.
With currently low competition in this business, you can easily start it with 15 Lakhs or less, making it one of the best small manufacturing businesses out there.
2. Hand Sanitizer Manufacturing Business
Hand sanitizers are now widely used in public.
With this, you can produce sanitizing liquid and sell it in plastic containers. This is the best business to start with 15 Lakhs in India.
3. Pharma Capsule Manufacturing Company
The demand for gelatin capsules is forever increasing in the pharmaceutical industry. Pharmaceutical production companies generally buy their empty gelatin capsules straight from the manufacturer.
Thereby, this presents an excellent opportunity to begin this business and earn a great deal of money. This is the optimal manufacturing venture to initiate with 15 Lakhs.
4. Corrugated Box Manufacturing business
Since the items are wrapped in corrugated boxes, this material is used in numerous industries. Logistics companies make especially use of it.
Making money will be easy if you can assemble a corrugated box, making it the ideal venture for anyone looking to start a business in India with 15 Lakhs.
5. Balloon manufacturing business
Balloons are used for a wide variety of events, such as Christmas, celebrations, weddings, birthdays, gatherings, and farewells. You can capitalize on this opportunity with your 15 Lakhs to
6. Bandage Manufacturing business
Making bandages, a necessity for all first-aid kits and hospitals is the best manufacturing business to start with an investment of up to 15 Lakh. You can sell them directly to medical supply stores and hospitals.
7. Tissue Paper Manufacturing business
Since it comes in handy for everything from places of lodging, eateries, washrooms, workplaces, and homes, tissue paper is widely used in a number of settings.
Since there are few competitors on the market and it is very profitable to begin this activity, breaking into the large industry by launching this endeavor will certainly bring you gains.
A business established in this sector would make good money due to being one of the most lucrative manufacturing ideas.
8. Face Mask Manufacturing Business
As nurses and doctors often wear face masks, people living in polluted cities like New Delhi have started using them as a form of protection.
Thus, if you set up a face mask manufacturing business and sell it all over the country, you won’t be lacking customers. This is the best business to start with 15 Lakhs.
9. PET plastic bottle manufacturing business
Plastic bottles are everywhere, used for a variety of purposes like lotion and perfume containers or distilled water containers. That’s why starting a plastic bottle manufacturing business with 15 Lakhs is an excellent option.
10. Brick Manufacturing Business
Civil construction is a profitable and everlasting business. If you’re thinking of venturing into a metropolitan-related venture, this might be it: brick is necessary for building and construction projects. This can be the ideal manufacturing business to start with under 15 Lakhs of investment.
11. Screw manufacturing business
If a machine or industrial product is to be built, a screw is an essential part. One company will often require tens of thousands of screws in one year. For this reason, it would be possible to create these screws via machinery and then distribute them to any hardware retailers and businesses immediately.
If the communication skills are impressive enough, there’s a considerable market you can prosper from with less than 15 Lakhs of investment; it’s one of the top manufacturing business ideas today.
12. Toys manufacturing company
Customers now favor creative and novel toys.
Mini circus and play items are popular purchases for children. TO properly equip a playschool, toys and other educational products must be included in the school to keep kids
13. Egg or Apple tray Manufacturing business
The cost of this equipment totals up to 16 lakhs, with the additional need to purchase raw materials for egg and apple trays. These trays are a common sight in grocery stores and supermarkets, so you can utilize this business to gain plentiful rewards. Starting a business with 15 lakhs in India is an opportune investment.
14. LED light bulb manufacturing business
LED lighting is a necessity for most households nowadays, and it is one of the greatest manufacturing businesses to open with an initial investment of 15 lakhs.
Although if you’re worried about brand rivals like Philips, certainly there is a great deal of competition in this industry, however, if you can market part of your production, you would gain plenty of profits.
This business has succeeded for the reason that it can be accomplished rapidly by four to five individuals and the production costs are extremely low. You may manufacture it for 15 rupees and then sell it for 50 rupees.
It is possibly the most superior manufacturing business to commence operating at an expense of 15 Lakhs.
You may like to read: The Best Profitable Small Business Ideas in South Korea
