Airson Machine

10 Best Business to Start in India under 10 Lakh

Uncategorized Sep 27, 2024
Best Business to start in India under 10 Lakh

In this article we are going to discuss 10 Best Business to Start in India under 10 Lakh.

Starting a business in India with a budget under ₹10 lakh offers numerous opportunities across diverse industries. With the Indian economy growing and entrepreneurial spirit thriving, several sectors have emerged as profitable with relatively low initial investments.

10 Best Business to Start in India under 10 Lakh

Here are the ten best businesses you can start in India under ₹10 lakh:

1. PVC Pipe Bend Manufacturing Business

Airson Machine is the best PVC Pipe Bend Machines Manufacturer in India. In Airson, you can start your business with approx 1 lakh rupees. Airson’s PVC Pipe Bend Manufacturing Business specializes in producing high-quality PVC pipe bends for various plumbing, construction, and irrigation needs. With advanced manufacturing techniques, the company ensures durability, precision, and reliability in its products, catering to both residential and industrial sectors. Airson’s commitment to using premium raw materials and maintaining strict quality standards has established its reputation as a trusted name in the industry. The business is focused on delivering cost-effective solutions while adhering to environmental and safety regulations, making Airson’s a preferred choice for PVC pipe fittings and bend manufacturing.

Mobile No.: 9509319057

Visit: PVC Pipe Bending Machine

Best business ideas under 10 lakh in India

2. Food Truck Business

Food trucks have become a popular business model in India due to their low overhead costs and flexibility. With an initial investment in a fully equipped food truck, necessary licenses, and ingredients, you can launch a mobile restaurant offering delicious street food or specialty cuisines. The appeal of food trucks is their mobility, allowing owners to reach multiple locations and tap into different customer bases. Moreover, this business provides flexibility in terms of menu, location, and hours of operation.

3. Coffee Shop or Café

Cafés are trendy in urban areas, attracting customers who enjoy coffee, tea, and light meals in a relaxed atmosphere. Opening a small coffee shop requires investment in a prime location, coffee-making equipment, and furnishings. Many entrepreneurs opt for a unique theme or specialty coffee to stand out in a competitive market. With the growing coffee culture in India, a well-designed café in a good location can quickly become a community hotspot and generate substantial revenue.

4. E-Commerce Business

The growth of e-commerce has unlocked countless opportunities for aspiring entrepreneurs. You can start an e-commerce business selling anything from fashion and electronics to handmade crafts or specialty products. Setting up an online store through platforms like Shopify or WooCommerce requires minimal investment compared to physical stores. Focus on finding a niche product with high demand, marketing your products effectively, and delivering excellent customer service. With a good business model and a well-optimized website, you can scale this business to significant heights.

5. Educational Coaching or Training Center

India’s education sector is vast, and starting an educational coaching center can be a rewarding business. Whether it’s academic tutoring, competitive exam preparation, or professional skill development, education is always in demand. With an investment in renting space, hiring qualified teachers, and procuring teaching materials, you can launch a successful coaching center. The key to thriving in this industry is offering high-quality instruction and catering to the specific needs of students or professionals.

6. Fitness Center or Gym

With the growing awareness of health and fitness in India, opening a fitness center or gym can be a lucrative business opportunity. Investing in fitness equipment, leasing a space, and hiring certified trainers can help you establish a local gym that attracts health-conscious individuals. Offering personalized workout plans, group fitness classes, or yoga sessions can differentiate your gym from competitors. The fitness industry in India is rapidly growing, and a well-managed fitness center has the potential for steady income.

Also Check: 10 Best Business to Start in India with Low Investment

7. Interior Design Consultancy

The demand for interior designers is growing as more people invest in their homes and office spaces. If you have a flair for design and creativity, starting an interior design consultancy is an ideal business under ₹10 lakh. This business involves offering design advice, space planning, and sourcing materials for clients. You can start with a small team or as a freelancer, and scale up as your portfolio grows. With a solid online presence and a well-curated portfolio, you can attract high-end clients and major design projects.

Low investment business ideas in India

8. Franchise Business

Investing in a franchise of an established brand allows you to start a business with a ready-made customer base. Many popular brands in sectors like food and beverage, retail, or education offer franchise opportunities under ₹10 lakh. Opting for a franchise reduces the risk associated with starting a new business, as you benefit from the parent company’s branding, marketing, and operational support. Be sure to thoroughly research the franchise terms and conditions before committing to ensure the business model is sustainable.

9. Mobile Repair and Accessories Business

With the increasing use of smartphones in India, there is a massive market for mobile repairs and accessories. Starting a mobile repair shop requires minimal investment in equipment, spare parts, and tools. You can offer services like screen repairs, software updates, and battery replacements. Additionally, selling mobile accessories such as phone cases, chargers, and earphones can boost your revenue. This business model offers high margins and consistent demand, making it a profitable venture under ₹10 lakh.

10. Event Planning and Management

The event management industry in India is booming, with weddings, corporate events, and private parties creating demand for professional event planners. Starting an event planning business involves offering services like venue selection, décor, catering, and entertainment arrangements. You can specialize in wedding planning, corporate events, or party planning, depending on your expertise. With an initial investment in marketing, hiring staff, and building vendor relationships, this business can be highly profitable, especially during the wedding and festival seasons.

Conclusion

In conclusion, starting a business in India under ₹10 lakh is entirely feasible, with many profitable opportunities available. Whether you’re interested in the digital landscape, food, education, or fitness, choosing the right business based on your skills and market demand is crucial. While initial investment is important, building a strong business plan, understanding your target audience, and maintaining a focus on customer satisfaction will significantly enhance your chances of success. Each of these ten businesses offers immense potential for growth and profitability if managed effectively and with a long-term vision. So, I hope now you have understood 10 Best Business to Start in India under 10 Lakh.

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