Airson Machine

10 Best Businesses to Start in India under 20 Lakhs

Uncategorized Sep 27, 2024

In this article we are going to discuss 10 Best Businesses to Start in India under 20 Lakhs.

Launching a business in India with an investment under ₹20 lakhs is a practical and appealing opportunity for aspiring entrepreneurs. With a range of industries to choose from, from manufacturing to service-based enterprises, there’s potential to build a successful venture within this budget. 

10 Best Businesses to Start in India Under 20 Lakhs

Here are ten business ideas that can be started in India with an investment under ₹20 lakhs.

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 Machines specializes in the manufacturing of PVC pipe bends, offering high-quality machinery designed for efficient production. Their advanced technology ensures precision and durability, making the PVC Pipe Bend Manufacturing Business a profitable venture with consistent demand across various industries, including plumbing and construction.

Mobile No.: 9509319057

Visit: PVC Pipe Bending Machine

Top businesses under 20 lakh in India

2. Cloud Kitchen  

A cloud kitchen, also known as a ghost kitchen, focuses on takeaway and delivery services rather than dine-in options. This model has grown exponentially in India, especially with the rise of online food delivery platforms like Swiggy and Zomato. Setting up a cloud kitchen requires a smaller space and lower overheads compared to a traditional restaurant. With a well-planned menu and efficient marketing, this business can thrive within a ₹15-20 lakh investment.

3. Salon or Spa

With increasing disposable incomes and a growing demand for personal care services, opening a salon or spa can be a profitable venture. The initial investment would include rent, interior setup, furniture, and beauty equipment. While high-end salons may exceed the ₹20 lakh budget, a well-planned unisex salon offering basic beauty and grooming services can be established with less capital in high-demand areas.

4. Fitness Center or Gym 

Health and fitness awareness is at an all-time high in India, making it an ideal time to invest in a fitness center or gym. A small to medium-sized fitness center equipped with essential machines such as treadmills, dumbbells, and strength training equipment can be set up under ₹20 lakhs. It’s important to select a location with a high concentration of health-conscious individuals and market it through social media and fitness campaigns.

5. Pre-School or Daycare  

With urbanization and an increasing number of working parents, the demand for quality pre-schools and daycare centers is on the rise. Starting a pre-school or daycare center requires an initial investment in infrastructure, educational materials, safety equipment, and staff training. With a proper curriculum and child-friendly environment, a pre-school can generate steady income while providing a valuable service to the community.

6. Small-Scale Manufacturing Unit 

Setting up a small-scale manufacturing unit can be a rewarding business under ₹20 lakhs. Depending on your skills and the demand in the local market, you could manufacture products like handmade soaps, garments, plastic products, or packaging materials. This business requires investment in equipment, raw materials, and a skilled workforce. Government schemes supporting small industries can also provide subsidies and incentives to entrepreneurs in this sector.

Business ideas under 20 lakh

7. Event Planning and Management

Event planning is an ever-growing business in India, especially with the increasing trend of extravagant weddings, corporate events, and social gatherings. An event planning company can be started with a modest investment by collaborating with vendors like florists, caterers, decorators, and entertainers. To succeed in this business, it is essential to establish a network of dependable vendors, deliver innovative event ideas, and consistently provide top-notch service to clients.

Also Check: 10 Best Businesses to Start in India under 5 Lakh

8. Digital Marketing Agenc  

As businesses increasingly shift to online platforms, the demand for digital marketing services is rapidly growing. Starting a digital marketing agency requires minimal capital investment, as most of the work is done remotely with the help of a small team or freelancers. You can offer services such as social media marketing, search engine optimization (SEO), pay-per-click (PPC) campaigns, and content marketing. A good laptop, high-speed internet, and basic office setup will suffice to get this business off the ground.

9. Home Bakery or Catering Service 

If you have a passion for cooking or baking, starting a home bakery or catering service can be a profitable business. With low overhead costs and the ability to scale as demand increases, this business is ideal for those who want to turn their culinary skills into profit. The growing popularity of custom cakes, gourmet desserts, and home-cooked meals for special occasions can help you build a loyal customer base. An initial investment in kitchen equipment and ingredients is needed, but this business can easily be started within a ₹5-10 lakh range.

10. Organic Farming or Organic Product Retail

As awareness of health and wellness increases, so does the demand for organic products. Starting an organic farm or selling organic food and personal care products presents a highly promising business opportunity. For organic farming, a small plot of land and investment in organic seeds, fertilizers, and irrigation systems are required. Alternatively, you can set up an online or physical store selling certified organic products, including groceries, skincare, and supplements. With the rising trend of conscious consumerism, this business can thrive with a well-developed marketing strategy.

Conclusion

Starting a business in India under ₹20 lakhs is possible across a wide range of industries, from food and wellness to education and manufacturing. The key to success lies in selecting a business that aligns with your skills, market demand, and long-term goals. Proper planning, efficient execution, and strategic marketing can help your business grow and achieve profitability, even with limited capital investment. As the Indian economy continues to evolve, opportunities for small businesses will only increase, providing aspiring entrepreneurs with ample potential to thrive. So, I hope now you have understood 10 Best Businesses to Start in India Under 20 Lakhs.

Leave a Reply

Your email address will not be published. Required fields are marked *