In this article we are going to discuss 10 Small Business Ideas in India under 10 Lakh. Starting a small business in India with a budget under 10 lakh rupees is achievable and offers a wide array of opportunities for aspiring entrepreneurs. With careful planning and strategic investments, you can build a business that has the potential to grow and generate significant revenue.
10 Small Business Ideas in India under 10 Lakh
Below are ten small business ideas that can be established within this budget, offering diverse options depending on your interests and market conditions.
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 stands at the forefront of precision manufacturing, leveraging cutting-edge technology and premium raw materials to create robust, high-performance PVC pipe bends. Dedicated to adhering to industry standards, the company specializes in offering customized solutions for construction, plumbing, and agricultural industries. Renowned for its dependability and technical expertise, Airson Machines has earned a solid reputation as a trusted provider of personalized PVC piping solutions in the marketplace.
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Visit: PVC Pipe Bending Machine
2. Tiffin Service
Given the fast-paced lifestyle of many working professionals and students, there’s an increasing demand for homemade food. Starting a tiffin service can be a profitable business with a minimal setup cost. With an investment under 10 lakh, you can set up a kitchen, hire a few helpers, and buy quality packaging materials. The focus should be on providing healthy, tasty meals that can be delivered directly to customers. With effective marketing and a focus on customer satisfaction, this business has the potential to grow consistently.
3. Beauty Salon or Spa
Beauty and personal grooming services are evergreen business ideas. Setting up a beauty salon or a spa can be done within a 10 lakh budget, especially in a small to mid-sized city. This budget will cover equipment, furnishings, products, and marketing costs. Targeting a specific niche like organic treatments, luxury services, or bridal makeovers can help differentiate your business from competitors. Hiring skilled professionals and offering excellent customer service will ensure long-term success.
4. Bakery
The bakery business has gained popularity in recent years, driven by a growing demand for cakes, cookies, and artisanal bread. With an investment under 10 lakh, you can either set up a physical bakery or start an online bakery from home. The key to success in this business is offering unique and high-quality baked goods. A combination of traditional bakery items along with innovative products like gluten-free or vegan options can attract a diverse customer base. The packaging and branding are essential in building your bakery’s reputation, as they help create a lasting impression and distinguish your products in a competitive market.
5. Event Planning
Event planning is an exciting business venture, especially in India, where festivals, weddings, and corporate events are celebrated with great enthusiasm. With 10 lakh rupees, you can start a small-scale event planning business. At the beginning, you can concentrate on specialized niches such as birthday parties, intimate weddings, or small-scale corporate events. The investment will go towards marketing, hiring freelancers, and purchasing necessary supplies for decorations and event execution. As you gain more clients and experience, you can expand your services to larger events.
6. Boutique or Clothing Store
Fashion is a thriving industry in India, and setting up a boutique or clothing store is a business idea that can be executed under 10 lakh. You can start by renting a small shop, stocking a range of clothing, and hiring skilled tailors if you plan to offer customized designs. Alternatively, you can create an online store or sell through social media platforms, saving costs on renting space. Focus on a specific target audience, such as ethnic wear, casual fashion, or kids’ clothing, and grow your brand by offering trendy, affordable fashion.
7. Mobile Repair and Accessories Shop
With the exponential increase in smartphone users, a mobile repair and accessories shop is a lucrative business opportunity. This business can be started with an investment under 10 lakh, covering the cost of shop rent, tools, spare parts, and a stock of accessories like phone cases, chargers, and screen protectors. Offering prompt and reliable repair services will ensure repeat customers, while selling high-quality accessories will help increase your profits. Providing doorstep repair services can also be a unique selling point.
Also Check: 10 Small Business Ideas in India under 10 Lakhs
8. Fitness Center or Gym
As people become more health-conscious, the demand for fitness centers and gyms continues to rise. Opening a small gym or fitness center within a budget of 10 lakh is possible in cities or towns where there is growing interest in physical fitness. You can start with basic equipment such as treadmills, dumbbells, and exercise bikes, and rent a medium-sized space for the facility. Offering specialized fitness classes like yoga, Zumba, or personal training sessions can also attract a wider audience. As your business expands, you can allocate resources towards upgrading equipment and broadening your range of services.
9. Digital Marketing Agency
The digital marketing industry is booming, and starting a digital marketing agency is a low-cost yet profitable business idea. With an investment under 10 lakh, you can set up a small office or work remotely, providing services such as SEO, social media marketing, content creation, and website design. As more businesses shift online, the demand for digital marketing services will only grow. Building a strong portfolio and delivering measurable results will help you build credibility and attract clients. With time, you can expand your services and hire additional experts in the field.
10. Homemade Handicrafts Business
India is known for its rich heritage of handicrafts, and starting a business that offers handmade products is both creative and profitable. With an investment under 10 lakh, you can begin by sourcing materials locally and creating products such as pottery, textiles, jewelry, or home decor. You can sell your handicrafts through online platforms like Etsy, Amazon, or even your own website. Participating in local markets and exhibitions can also help build your brand presence. Focusing on authentic, high-quality craftsmanship will attract customers who appreciate handmade products.
Conclusion
Starting a small business in India under 10 lakh offers numerous opportunities for entrepreneurs willing to put in hard work and dedication. Whether it’s in the food industry, retail, services, or digital spaces, each of the business ideas mentioned can be highly profitable with the right strategies. Identifying a market need, understanding customer preferences, and delivering quality products or services will help you succeed in any venture you choose to pursue. So, I hope now you have understood 10 Small Business Ideas in India under 10 Lakh.
