Profitable Manufacturing Business Ideas: In the last decade, manufacturing industries are grown in considerable amount as the demand of the different products has increased drastically.
According to the experts, the pace of the growth will remain in coming years. If you have any intention and have potential to start your own business, then you can think to do so.
In manufacturing industries, you need to produce goods deliver it to the market through transport. According to your financial condition, your business may be of large, medium or small scale.
If your intention is to start large or medium scale, then you have to invest lots of money. Other than this, you need to store it carefully otherwise you will face a huge loss. It is suggested that, at first, you should start small scale manufacturing business and then make it large by expanding it in nearby areas.
Government of India, initiate a number of schemes for beginners to support them financially. To start your own manufacturing business is a very risky matter but once become successful then you will earn a decent profit from it.
To become a successful in manufacturing industry be it small or medium or large, you need to keep some points in your mind as:
- The raw materials or ingredients to be used should be of the best quality.
- Select the trustworthy person to whom you can deal with though it may cause low earning.
- Be sure that the products to be deliver should be in good condition.
- Customers should be satisfied with quality as well as quantity.
- Whatever you have done mistake, try to learn from it.
- Don’t think about small-term, think about long-term and give cent percent to achieve your goal.
Here, we have discussed about top 20 manufacturing business ideas in India that help you to select any one of them that suits your condition.
Also Read: How to Start a Business in India 2023?
Best Manufacturing Business Ideas
1. Bakery Products
In India, it is one of the largest industry in the field of food processing. The popularity of Bakery products is huge across the country. This manufacturing unit is easy to start and a very lucrative business.
In every locality, a large number of people prefers to take fresh bakery products. The consumption of this products is very high as the price of this items is low.
In revenue generating sector, this is in the third position in the food processing industry. Among various items, biscuits are consumed over 50% and, West Bengal and Maharashtra is at top position.
To start this business, you have to resister your business at the Register of Companies & apply for Food Business Operating License from FSSAI.
Before starting your business, you should evaluate your financial statement. If you have a good credit situation, then it will be easy for you to get loans from any reputed banks. You must always keep all the necessary documents updated.
Research and select an area where demand of the bakery products is high along with good transportation facilities. Maintain quality of your bakery products at standard level.
2. Organic Farming
This is one of the popular manufacturing business in India. This profession is one of the oldest that was started by human.
In recent years, organic farming emerges as good source of profit making with low investment. Country like India as population is vast so demand of feed is higher. That is why need to produce more food.
Location of this business plays vital role. You should select a place where clean water source is available as it is very important for crop growth and health.
Growing crop is a lengthy process so you have to take care of the plants regularly. You have to learn have some techniques such as watering, necessary nutrients needed for different plants.
You need to create a chain of people to sell the produced products. You must be aware of some unwanted and unexpected scenarios that may arise during farming.
To get success in this area, you have to work hard, have patient, persistence and manage huge work load. Once you get success, it will be easy for you to continue this business.
Also Read: Best profitable agricultural business ideas in 2023
3. Fashion Jewellery
There are manufacturing business ideas in India but this is one of the most profitable among them. Among women it is now very popular and prefer to wear light jewellery in different events, work, parties and celebrations. Fashion jewellery perfectly match with your fashion.
There are lots of brands which do their marketing in digital platform such as in Facebook and Instagram. You can take help of influencer marketing to get attraction.
In India culture, jewellery takes an important part hence, the demand of jewellery in Indian market is huge. According to recent survey, the demand of artificial or imitation jewellery has increased by 90%.
4. Women’s Footwear
From day to day choices are becoming versatile. Different types of footwear are used by women for different purposes. So you can plan for business of ladies’ footwear. It requires comparatively less investment than other industries.
The machinery and tools required is simple and easily available like Cutting Clicking Press and Cutting Board, GP 4 Machine, Skiving Machine, Upper Stitching Flat Bed Machine, Upper Stitching Post Bed Machine, Cylindrical Bed / Bending Machine, Sole Attaching Press, Grinder / Scoring Machine, Sole Activator, Zigzag Machine, Scoring Machine, Finishing Machine, Generator – 50 KVA.
Plan and execution must be good for a successful business. Built a strong network with suppliers at a comfortable price. Research on the field and get knowledge about recent market demand. Quality of products must be as per standard.
Choose the area where the demand of this products is high. Recruit skilled and semi-skilled staffs. You must be updated with market condition which changing continuously.
5. Eco-friendly Cutlery and Kitchen Items
Recently, India is facing a major problem plastic crisis. In most of the successful business in India because they ease their customer’s lives. In recent few year eco-friendly cutlery is doing the same thing. It emerges as alternative to plastic and saves us from irreversible impact to our environment.
Nowadays, people become more conscious about environment and they prefer to use eco-friendlier products. This type of response from customers added an extra encouragement to launch this type of business.
This business is very simple and only major investment is in cutlery making machines that takes around ₹ 50,000.
There is some example of this kind of business that may be your inspiration and one of them is Narayana Peesapaty’s Hyderabad-based Bakeys that manufacture edible cutlery with the help of nutritious food materials.
This company doesn’t use chemicals, additives, or preservatives. They assure that life of this are long as it doesn’t contain moisture and fat.
6. Environment friendly bags
In last few year plastics is replaced by sustainable alternatives such as encompasses Jute, canvas cloth, and paper bags. This type of business is evergreen as we all will not stop these bags. Most of the supermarkets, pharmacies and retailers uses these paper bags and envelops.
Raw material needed to manufacture these items are easily available and inexpensive. Biodegradable and reusable “golden fibre” is used at higher amount, and it is very simple to manufacture. We can use these for multiple purposes.
Most of the college students uses canvas cloth bags which results high demand of this products.
7. Smartphone accessories
There are many manufacturing business ideas in India, obviously this is one of them. If you have smartphone in your pocket literally means you are carrying our world in it.
No doubt, the demand of smartphones and its’ accessories is increasing regularly. People who are using smartphones, they also need tempered glass, phone cases/covers, selfie sticks, and other accessories.
Through this business, you are able to a good profit. If we speak about investment, you can have a low capacity tempered glass making machines which costs around ₹ 75,000 and on the other hand high capacity tempered glass making machines is approximately ₹ 1.5 lakh.
8. Personal Care Range
Compare to few year ago, people now are become aware of their personal care. For this reason, they are using various natural/organic products such as facewash, face creams, lotions, lip balms and scrubs.
At the starting of business, you can start with single or different types of products. It is sure that you will get a good return from it.
As an example, we can see the success story of Mumbai-based Shabia Walia’s Wild Earth. It delivers sulphates and parabens free products of natural beauty products.
At the beginning, they only deliver one products but now it has 17 categories of products for different purposes.
9. Recyclable Apparels
Did you ever think what should be done with the heaps of garbage? So now you can think of something and earn money from it by recycling to produce edgy apparels.
It is surely an innovative idea to start a business with this. There are many profitable organizations that are dealing with this sector with unique ideas.
RawPressery is inspiration of such kind of Mumbai-business on food and beverage which is an eco-friendly initiative known as RawCycle.
In this manufacturing business, at first, bottles were washed converted into flakes. After that these are melted and transformed this to chips. Then it is used to prepare t-shirt.
10. Nut Oil Manufacturing
Uses of different kinds of oils is popular among people of India. If anyone wants to start their own business in, then this is one of the best idea. There was a time when we used oil for cooking, skin and hair care.
But nowadays, use of oils has been extended to massage oil, treatment and for various therapies. As the demand of oils has increased, now we started using other types of oils such as coconut, groundnuts or sunflower.
Today, other verities of seed and grains are used to produce oil. A number of various dry fruits are used for extraction of oil such as almonds, walnuts, cashews nuts, brazil nuts, chestnuts and pine nuts. For different health benefits, doctors also refer to use these oils.
As the demand of this kind of oil is very high in India, it is one of the top manufacturing ideas in India. First of all, you have to research which kind of seeds, grains and dry fruit will be profitable and demanded most. The self-life and health benefits are different, so keep it in your mind before launching.
If you want to manufacturing business of brazil nuts and pine nuts, then you have to import it from that will increase your production cost. In this case, you should choose the right place for marketing where gourmet stores, health and beauty institutes, spas, salons etc. are available.
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11. Hand Made Soaps
Soap is a regularly used products in our daily life. So, starting a manufacturing business of soap is a good idea. Now, people prefer to use soaps of different color, aromas, textures, and shapes. Most of the companies produce different types of soaps using various healthy ingredients. Other than this, they have also launch different design and gift packs of soaps.
In the last few year market of soaps has undergone through a revolution. There are many alternatives such as soap strips and hand and body washes that are available in the market. As a manufacturer of soap, your main focus should be on the production of different types of soaps. To make it more attractive, you can add several natural ingredients.
When you will research in-depth, you will get to know how these ingredients are beneficial for us in different aspects such as acne-prone, oily, dry or sensitive skin. Avoid to use any kind of sulfates and parabens in your manufactures products.
12. Chocolate Making
Chocolate is one of the best manufacturing idea in India. Chocolate serves as symbolic of love, affection, friendship, a new relationship, new beginnings and it can also be used as a congratulatory token, for occasions, festivities, wedding gift etc.
It is rare that someone doesn’t like chocolate. When we are thinking about gifting and celebration, the first preferable thing is chocolate.
Currently, India produce many varieties of chocolate, even a lot of varieties are imported from foreign countries. It also plays a key role in restaurants, pastry shops, grocery and as a part of gourmet stores.
To become a manufacturer, you have to learn the various process that is involved in the manufacturing of chocolate such as tempering, molding, finishing, decorating etc.
Definitely, there is no limit of choices as you can make different types and flavours of chocolates by combining it with other unusual flavours of different shapes.
Be aware of different events and corporate meetings where you can deliver huge amount of chocolate.
13. Card Printing
Day by day digitalization make an impact on our lives. Though, we use digital platform to send any kind of messages but in case of invitation, we prefer homemade card to as it contains a lot of emotion attached with it.
To start a card printing manufacturing unit, your start may be with different papers for weddings, birthdays and party invitations having some meaningful simple words.
Though it may cause slight expensive, with homemade papers you can make unique themes and shapes paring with envelopes. You can also do beautiful calligraphy which makes your card more attractive.
This is one of the popular manufacturing ideas in India. Customized and personalized cards are in more demanded than other.
14. Dairy-free Milk Production
Milk is an important dairy product of our daily diet. Milk is considered as the source of calcium, protein, also provides nutrition, strengthen to bones and teeth and is important for our physical growth. In modern days, most of the people face problem with lactose which is a disaccharide sugar naturally available in milk. In this condition, intake of milk can cause bloating, nausea and even cramps.
So, they found other way to take this dairy product, specially the milk obtained from nuts and seeds. It is also reveal in research that you will be healthier and nutritious than regular milk consumer which make people to switch.
The above reason creates an opportunity for manufacturer to do production of non-daily milk and deliver it to the market to cater to lactose-intolerant person. It is one of the best manufacturing idea in India.
As the production cost is high so it may be available in higher price than ordinary milk. It may be used for different purpose such as cooking and other things as self-life is longer.
There are other alternative from which you get non-dairy milk such as soy, almonds, coconuts, cashew nuts, etc.
To attract more people, you can introduce different types of flavours. You can supply this non-dairy milk to the different gourmet food stores, hotels, cafes, restaurants, etc.
15. Crockery and Cutlery
In India there are many celebration and festivals, so in every home crockery and cutlery sets are one of the most treasured assets. People also prefer to give it as gifts in various occasions such as in wedding reception, anniversary and festivals.
Recent days, you can get crockery and cutlery items within a comfortable range with different layouts and colors.
You have to get all the details before launching a manufacturing business of crockery and cutlery. You should also learn about the metal used and usage, advantages and disadvantages. There are many manufacturing businesses in India and this is one of the best business idea.
In the beginning of your business, you should focus on a certain type of crockery and cutlery set such as glass, crystal or melamine to your popularity on that certain type.
Try to prepare unique beautiful design that are not available in the market and also focus on to keep them trendy as well as light-weighted. You can supply them to different shops and malls in your locality and other region.
16. Designing Clothes
Most of the film star, television personalities and celebrities hire best cloth designer but nowadays every individual are also prefer to use clothes from a good quality designer.
In current situation, many designers work on their design and improve, and these available at the door of the people before they reach malls or stores.
Before involving in this field, you have to make a good understanding how you can create attractive designs.
To do this, you may work under an established designer who is well experienced and popular in this field. Incorporate unique design to make it trendier and newer that looks stand out among them.
Do experiments by using different colors, textures, styles, patterns, and prints. Target those areas where demand of this type of clothes are high to make your market.
So, as a manufacturing business in India it is one of the preferable choice.
17. Furniture Making
Furniture Making business also known as woodwork or Woodworking Business that is related to making of various items from wood such as furniture, carpentry, carving, and wood-turning.
In India it is one of the best manufacturing business in India. There are certain states such as Gujarat, Kashmir, Punjab, Uttar Pradesh, and Kerala that are famous for this type of industry.
There are many types of woods that are used in the woodworking industries are Walnut, Sandalwood, Teak, Sheesham, Deodar, Ebony, Redwood, Rosewood, Cedar, Sal etc.
According to recent survey, it is one of the fastest-growing sector in India which contribute a considerable amount in the India’s economy.
It is an inexpensive and simple to launch this business. In this business, you have a lot of scope to improve your production quantity as well as quality. Indian geographical situation is suitable for the growth of this sector as it is one of the key factor for this industry.
18. Manufacturing of Plastic bottle and Toys
Manufacturing of Plastic bottle and Toys is most demanded and one of the popular manufacturing business in India. There are various types and size of bottles available in the market.
You can start by choosing any one size of them. You can manufacture different sizes of bottles as well as other products in the same machine by changing mould only.
To manufacture toys, you don’t need to use other machine. With the same machine, you can make various types of toys by adding additives and colorants which is required in the products.
Plastic bottles are most demanded in the industrial areas so try to launch your business there and the toys are popular among the little children so try to sell these products in local shops and malls.
19. Eye Glass or Frame Manufacturing
Before starting any business, planning is the most important step. Prepare a structure of your business that include location, size, dealers, warehouse and other things. Research customers requirements in the market and the latest trends. To compete with other, you have to be according to the current trends.
Find at least 4 – 6 dealers who will buy your products from you and sell it to the needy customers. To know whether the dealer is good or not research their products and previous track record.
Prepare a list of equipment, products, marketing, the website cost, staff etc. and estimate your budget. It is one of the most important part of your business plan where you are investing your money and how much.
To do marketing, you can use newspapers or channels or websites. You can offer them some discounts or give some cashback to attract more people. In India demand of this item is very high so it is one of the most demanding manufacturing idea in India.
20. Jam/Jelly/Pickle Making
For every successful business, you should have a clear planning. When you have proper planning, then you can specify some unknown part of your business. This business is considered as one of the most successful business plan in India.
People prefer to take jams/jellies with toast or sandwich. Most of the time when people are travelling outstation, then they prefer to take this items with different combination.
The main key point of this business is, you have to preserve the food items in different ways. As a manufacturer, you have to get knowledge about the process how foods are preserved and increase their self-life that contain high moisture contain etc. you may start business according to the seasons when the products are available.
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Conclusion
We have mention top 20 manufacturing business in India but you have to keep in mind that in all the business you have do registration and complete other required legal documents.
If you want to launch a manufacturing business that is a good idea. After starting business, you have work hard on your plan to execute it properly with firm determination. Try to consider all the points before launching any kind of manufacturing in India.
We think that the business ideas mention above will help you a lot to select business according to your budget, skills, ability and knowledge about the subject.