If you’re looking for manufacturing company ideas under 15 lakhs as a way to increase your business’s growth and earn more money in the future, but don’t know what some of the top best manufacturing business to start with 15 lakhs are, here are a few ideas to get you started.
best manufacturing business to start with 15 lakhs
1. Snacks Manufacturing Business
Many people have adopted snacking as a way of life.
In various countries, the typical eating frequency ranges between 6 and 7 times per day. Companies like Haldirams began as a tiny bakeries. They are now making a lot of money selling Indian traditional foods all over the world.
Right now, there is very little competition for this business, so you may easily start it on your own. It is one of the best manufacturing business ideas under 15 Lakh investment.
2. Hand Sanitizer Manufacturing Business
Hand sanitizers are now commonly utilized in public places.
As a result, you can make your sanitizing liquid and sell it in a plastic container. It is the best business to start with 15 Lakhs in India.
3. Pharma Capsule Manufacturing company
The need for gelatin capsules is constantly high in the pharmaceutical industry. The empty gelatin capsule is typically purchased straight from the manufacturer by all pharmaceutical production companies. As a result, you have the finest possibility to start this business and make a lot of money. It is the best manufacturing business to start in 15 Lakhs.
4. Corrugated Box Manufacturing business
The items are packaged in corrugated boxes. As a result, corrugated boxes are widely employed in a variety of industries. Logistics firms, in particular, make use of this.
If you can construct this corrugated box, you will be able to easily sell it and earn money. If you are looking for the best business to start with 15 Lakhs in India, then this is a perfect venture.
5. Balloon manufacturing business
Balloons are used for a range of occasions, including Christmas, celebrations, weddings, birthdays, get-togethers, and farewell parties. You may easily build this business and utilize your funds to sell balloons to all of the shops in your state because there is no competition. It is lucrative and the best business to start with 15 Lakhs in India.
6. Bandage Manufacturing business
Every hospital uses bandages daily, and they are a must-have item in all first-aid kits and hospitals. You can start manufacturing this bandage and selling it directly to medical supply stores and hospitals. It is the best manufacturing business to start under 15 Lakh investment.
7. Tissue Paper Manufacturing business
Tissue paper is widely utilized in a variety of settings, including hotels, lodges, restaurants, toilets, offices, and homes. It is a vast market with few brand competitors. So you may start in this field and break into this large market. If you establish this business, you will surely make a profit as it is one of the best manufacturing ideas.
8. Face Mask Manufacturing Business
Nurses and doctors frequently put on face masks… Polluted cities such as New Delhi have begun to use this face mask to protect themselves from pollution. So, if you start manufacturing this face mask business to sell it throughout the country, you should have no trouble finding a market. It is the best manufacturing business to start with 15 Lakhs.
9. PET plastic bottle manufacturing business
Plastic bottles are by far the most common type of bottle on the planet. These plastic bottles are used for several things, such as face lotion cream bottles, perfume bottles, and distilled water. So, it is one of the best manufacturing to start with 15 Lakhs.
10. Brick Manufacturing Business
Civil construction is a lucrative and perennial business. As a result, if you’re looking for a city-related business, you should consider this one, because brick is needed for building and construction projects. It is the best manufacturing business to start under 15 Lakh investment.
11. Screw manufacturing business
A screw is a necessary component in the construction of any machine or industrial product. Tens of thousands of screws are required by a single organization in a single year. As a result, you can machine-manufacture this screw and distribute it to all hardware stores and businesses right away. There is a sizable market for you to flourish in if you can communicate and talk well. It is one of the best manufacturing business ideas under 15 Lakh investment.
12. Toys manufacturing company
Customers nowadays prefer new and inventive toys.
People purchase miniature circus and play items for their children. Every playschool should include toys and other educational products to keep their students entertained. In a nutshell, it has a large market; if you can manage this firm through all of the problems in the first three years, you will undoubtedly make a lot of money as it is the best business to start with 15 Lakh in India.
13. Egg or Apple tray Manufacturing business
This equipment costs 16 lakhs, and you’ll also need to buy the raw materials for the egg tray or apple tray. In grocery stores and supermarkets, egg platters and apple trays are ubiquitous. As a result, you can launch this venture and benefit handsomely. It is the best business to start with 15 Lakhs in India.
14. LED light bulb manufacturing business
LED lighting is now used in almost every home since it has become a need and is one of the best manufacturing business to start with 15 lakhs. However, if you are concerned about branded competitors, such as Philips, then sure, there is a lot of competition in this sector, but if you can sell a portion of your production, you will be able to earn a lot of money. This business is successful because it can be done quickly with 4 to 5 individuals and the production costs are very minimal. You may make it for 15 rupees and sell it for 50 rupees. It is the best manufacturing business to start under 15 Lakh investment.