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10 Best Businesses to Start in India with 1 Lakh Investment

Uncategorized Sep 27, 2024
Best Businesses to Start in India with 1 Lakh

In this article we are going to discuss about 10 Best Businesses to Start in India with 1 Lakh Investment.

Starting a business with a limited budget of ₹1 lakh in India is an achievable goal if you identify the right opportunities and manage resources effectively. With the rise of technology and changing consumer preferences, several business models require minimal capital investment yet promise substantial growth potential. 

10 Best Businesses to Start in India with 1 Lakh Investment

Here are the 10 best businesses to start in India with ₹1 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. The PVC Pipe Bend Manufacturing Business by Airson Machine focuses on producing high-quality, durable pipe bends for various applications, such as plumbing, construction, and irrigation. Airson Machine provides advanced manufacturing equipment designed for precision and efficiency in creating PVC pipe bends of different sizes and angles. The business offers a cost-effective solution to meet the growing demand for PVC pipe bends in both domestic and industrial markets, ensuring high standards of performance and reliability.

Mobile No.: 9509319057

Visit: PVC Pipe Bending Machine

Start business with 1 lakh in India

2. Freelance Content Writing

If you have strong writing skills, freelance content writing can be a lucrative business to start. Websites, blogs, and social media channels need quality content to engage audiences, and there’s an increasing demand for skilled writers. You can start by offering your services on platforms like Upwork, Fiverr, or LinkedIn. The investment is minimal—primarily consisting of a laptop, internet access, and some basic marketing efforts. With time, you can build a portfolio, attract high-paying clients, and even expand to offering content marketing services.

3. Event Planning

Event planning is a thriving business in India, particularly with the growth of wedding ceremonies, corporate events, and private parties. You can start small, organizing events for local clients with a budget-friendly approach. Initially, you may not need a physical office space, and the investment goes mainly towards networking, marketing, and buying some basic event planning tools. With creativity and organizational skills, you can grow the business, cater to high-end clients, and expand into larger events.

4. Home-Based Catering Business

If you enjoy cooking and have culinary skills, a home-based catering business can be highly profitable. You can start with small events, birthday parties, or home-based food deliveries. The initial investment covers the cost of ingredients, kitchen equipment, and packaging. With ₹1 lakh, you can establish a brand, market through social media, and begin catering to corporate offices, family gatherings, and events. Over time, if successful, you can expand into a full-fledged restaurant or food delivery service.

5. Tiffin Service

As cities grow and more people move away from home for work or studies, the demand for healthy, home-cooked meals is rising. Tiffin services are a practical and scalable business model. You can start with a handful of customers, and with minimal investment in kitchen supplies and packaging, this business can quickly scale up. Marketing through word-of-mouth, local advertising, and social media will help you reach more customers. Many successful food entrepreneurs began their journey with tiffin services, proving that there’s ample scope for growth.

6. Mobile Repair and Accessories Shop

With the proliferation of smartphones, the demand for mobile repair services and accessories is higher than ever. Setting up a small shop or offering home services for mobile repairs can be a lucrative business. You will need to invest in basic tools and equipment for repairs, and stock some popular mobile accessories like chargers, earphones, and covers. A mobile repair business requires technical knowledge, but this can be acquired through short-term courses or online tutorials.

Also Check: 10 Best Business to Start in India under 10 Lakh

7. Blogging or Vlogging

With increasing internet penetration and smartphone usage in India, blogging or vlogging can be a rewarding business. If you have a passion for a niche topic—whether it’s travel, fashion, food, or tech—you can start a blog or YouTube channel. The initial investment includes a good camera, a website (if blogging), and some marketing expenses. Monetizing a blog or vlog through ads, sponsorships, and affiliate marketing can lead to substantial income if you create engaging and consistent content.

Best small business ideas India

8. Fitness Trainer

The fitness industry is booming in India, with people becoming more health-conscious and looking for personal trainers and fitness coaches. If you’re passionate about fitness, you can start offering training sessions at clients’ homes or online via video calls. A basic investment in fitness equipment, a certification course, and personal branding through social media or a personal website can help you build a client base. This business has the potential to grow through word-of-mouth and positive reviews from satisfied clients.

9. Homemade Handicrafts

India’s rich cultural heritage and love for handmade goods make a home-based handicraft business an attractive option. Whether it’s making jewelry, candles, or fabric-based products, there’s a growing market for unique, handmade items. You can start small with basic materials, work from home, and sell your products online through platforms like Etsy or social media. The investment goes mainly into raw materials and packaging. With time, you can establish a brand and expand into larger markets or tie up with local retailers.

10. Photography

If you have a passion for photography and already own a decent camera, starting a photography business is an excellent option. You can offer services for weddings, events, and product photography. With growing social media usage, businesses need professional photos for branding, creating a steady demand for photographers. While the initial investment in equipment can be high, you can begin small, gradually building a portfolio and reinvesting your profits into better gear. Marketing your work through social media or a personal website can help you grow your client base.

Conclusion

Starting a business in India with ₹1 lakh may seem challenging, but with the right approach and dedication, it’s entirely possible. Whether you choose to leverage your skills or cater to a growing consumer demand, these low-cost businesses offer a pathway to entrepreneurial success. Many of these businesses can be started from home, minimizing operational costs and allowing for greater flexibility. By focusing on building a brand, marketing effectively, and delivering quality service, you can establish a profitable business within your budget. So, I hope now you have understood 10 Best Businesses to Start in India with 1 Lakh Investment.

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