Top 101+ Profitable Manufacturing Business Ideas Under 2 Lakh (2023)

With a $3 trillion economy, India offers a lot of potential for manufacturing businesses.

Many individuals look for the Best Manufacturing Business Idea Under 2 Lakh Rupees in India; if you’re one of them and you’re wondering how to launch a manufacturing company in India for less than 2 Lakh Rupees, you’ve come to the correct place.

The most lucrative manufacturing sectors in India are those that produce pharmaceutical chemicals, food chemicals, consumer electronics, mobile accessories, renewable energy sources including solar and wind energy, and electric vehicles.

You will read about manufacturing business ideas in this blog article that you can simply launch for less than 2 lakh rupees.

Best Manufacturing Business Idea under 2 Lakh in India

Below I have given a list of the best profitable manufacturing business ideas that you can start with Rs 2 lakh or less.

Incense sticks (Agarbatti) Manufacturing

Best Manufacturing Business Idea under 2 Lakh in India

Incense sticks are always in demand in a country like India, especially during religious ceremonies or festivals, and the profit margin is also very large in this industry.

How much investment will be required: Rs 1.5 – 2 lakh 

Profit Margin : 50% – 70%

In how many days you will earn money: 3-6 months

Which raw materials are needed to make incense sticks:

  • incense stick-making machine
  • Bamboo Sticks
  • Charcoal powder
  • Fragrant oils
  • packaging material

You would require between 1.5 and 2 lakh rupees to launch this business, and you may expect to make between 50 and 60 thousand rupees per month in the beginning.

The manufacture of agarbatti can prove to be a successful business idea for you if you’re looking for the greatest manufacturing business ideas that you can launch for less than 2 lakh rupees.

Hair Rubberband

Best Manufacturing Business Idea under 2 Lakh in India

Rubber bands are frequently used by women to secure their hair, thus there is always a large demand for them.

In India, starting a rubberband manufacturing firm is simple, but you’ll need at least 1 to 2 lakh rupees to get started.

How much investment will be required: Rs 1.5 – 2 lakh 

Profit Margin : 50% – 70%

In how many days you will earn money: 3 – 6 months

The following materials are used to make rubber bands:

  • Rubber band-making machine:
  • Latex
  • Whitener
  • Chalk powder
  • Rubber chemicals
  • Titanium
  • packaging materials

In addition to being used for hair, rubberbands are also utilized for packaging things in homes, marketplaces, and shops.

Aluminum Door and Window Manufacturing

Best Manufacturing Business Idea under 2 Lakh in India

Millions of homes in the nation use aluminum windows and doors. Therefore, there is always a need for it.

You may start producing aluminum doors and windows in India for less than 2 lakh rupees.

How much investment will be taken: Rs 1.7 lakh

Profit Margin : 50% – 70%

In how many days you will earn money: 3-6 months

The following materials are used for manufacturing aluminum doors and windows:

  • Door Accessories
  • door fasteners
  • Door Viewer
  • door closer
  • Door Bells
  • Door Frames
  • door stoppers
  • Architrave

You can make a ton of money in the aluminum door and window manufacturing industry because the profit margin is likewise over 50%.

Candle Manufacturing

Best Manufacturing Business Idea under 2 Lakh in India

The demand for candles is particularly strong every year because they are used on so many different occasions in India, including worship, birthdays, festivals, and so forth.

You will require Rs 2 lakh to launch a candle manufacturing company, which you may do from your house.

How much investment will be required: Rs 2 lakh 

Profit Margin : 50% – 70%

In how many days you will earn money: 2-3 months

The following materials are used to make candles:

  • Wax ( paraffin wax, beeswax, soy wax, gel, etc.)
  • Wicks
  • Jars, containers, or tins
  • Molds
  • Fragrance oils (used in scented candles)
  • Candle dyes or coloring agent
  • packaging material

Birthday candles, tea light candles, pillar candles, taper candles, floating candles, scented candles, votive candles, and jar candles are just a few examples of the many different types of candles that can be used for various events.

Ball Pen Manufacturing

Best Manufacturing Business Idea under 2 Lakh in India

Ball pens are almost exclusively used throughout the nation and are used everywhere, including at home, college, school, office, and retail establishments.

Ball pens are always in demand, and you can launch this business for less than 2 lakh rupees.

How much investment will be required: Rs 1.5 lakh 

Profit Margin : 50% – 70%

In how many days you will earn money: 1-2 months

The following materials are used to make ball pen:

  • Ball pen-making machine
  • Ball pen barrel or plastic body of ball pen
  • Nozzles of ball pen
  • Ink
  • Ball pen caps
  • packaging material

You can make your own ballpoint pen and sell it at the nearby stationery store or the neighborhood market.

You can start off with a monthly income of Rs. 60k-70k from this business. In India, launching this business is quite simple.

Slippers Manufacturing

Everybody in the world wears slippers at least once a day, and in a populous nation like India, there is a huge demand for them.

With a small investment of approximately Rs 2 lakh, you may start a business in India making slippers for seniors and kids.

How much investment will be required: Rs 1.5 – 2 lakh 

Profit Margin : 30% – 35%

In how many days will you earn money: As soon as you start selling slippers

The following materials are used to make slippers:

  • Slipper manufacturing machine
  • Rubber sheets
  • Straps
  • packaging materials

From large to tiny sizes, slippers can be produced and sold on the wholesale market.

You can start off with a monthly income of Rs. 60k-70k from this business. This business may be started in India quite easily.

Noodles Manufacturing

Everyone enjoys eating noodles, which is why they are a popular cuisine in India.

Noodles Manufacturing Business may be a successful business venture for you if you’re looking for the Best Manufacturing Business Idea Under 2 Lakh.

How much investment will be required: Rs 1 – 2 lakh 

Profit Margin : 30% – 35%

In how many days you will earn money: As soon as you start selling noodles

The following materials are used to make noodles:

  • wheat flour
  • palm oil
  • water
  • sodium chloride at a 2-3% level

You can sell homemade noodles in a variety of grocery stores, eateries, and motels. You can start off with a monthly income of Rs. 70k-80k from this business.

Spice Manufacturing

India is very famous for its spices all over the world and different types of spices are used here in different states.

To start this business, you have to register your brand name and complete the legal formalities.

How much investment will be required: Rs 80 thousand – 2 lakh 

Profit Margin : 60% – 70%

In how many days you will earn money: 2-3 months

The following materials are used to manufacture the spice:

  • Chilly
  • Coriander
  • Corrugated cardboard box
  • Cumin
  • Fennel seed
  • Methi leaves
  • Mixed powder
  • Mustard
  • Pepper
  • Food coloring and preservatives
  • Poppy seed
  • Packaging Materials

Initially, you can start this business on a small scale, after that by investing more money in it, you can take it to a big scale.

Furniture Manufacturing

In every house, people use furniture in some form or the other such as tables, chairs, sofas, beds, wardrobes, etc.

Furniture is one such product whose demand remains every year. You can easily start a furniture manufacturing business in India for Rs 2 lakh or less.

How much investment will be required: Rs 1 – 2 lakh 

Profit Margin : 40% – 60%

In how many days you will earn money: 2-3 months (as soon as you start selling furniture)

The following materials are used for the manufacture of furniture:

  • Wood
  • Brick
  • Metal
  • Wood
  • Fabric
  • Leather

The profit margin in the furniture manufacturing business is around 40% – 60% so you can earn good money in this business.

To start a furniture manufacturing business in India, you have to complete the necessary work like Company Registration, GST Registration, and No Objection Certificate.

Stationery Item Manufacturing

Stationery items are mostly used by school and college children, along with stationery items are also used in the office.

You can start manufacturing a variety of stationery items such as Highlighter Pen, Notepads, Pencil Sharpener, Pencil Case, Eraser, and Stapler as low as Rs.2 Lakh.

How much investment will be required: Rs 2 lakh

Profit Margin : 30% – 40%

In how many days you will earn money : 3-5 months (as soon as you start selling stationery items)

Stationery item manufacturing is a low-investment business idea for you that you can easily start in India.

Water Filter Manufacturing

There is a little problem with clean water in India, so people use water filters to drink more water.

You can easily start a water filter manufacturing business in India in just 2 lakhs.

How much investment will be required: Rs 2 lakh

Profit Margin: 15% to 35%

In how many days you will earn money : 3-5 months (as soon as you start selling water filters)

The following materials are used to manufacture the water filter:

  • 1-2 empty water bottles
  • Scissors
  • paper towels
  • fine wire mesh
  • rubberband
  • cotton balls
  • sand etc.

You have to keep in mind that manufacturing a quality product, only then you can earn a good profit in this business.

Paper Manufacturing

Paper is used in many places such as printing, packaging, decorating, writing, cleaning, filter paper, wallpaper, book endpaper, conservation paper, laminated worktops, toilet tissue, currency, and security paper.

You can easily start a paper manufacturing business in India with 2 lakh rupees and can earn a lot of profit from it.

How much investment will be required: Rs 2 lakh

Profit Margin: 20% to 30%

In how many days you will earn money : 3-5 months (as soon as you start selling paper)

The following materials are used to manufacture paper:

  • wood pulp
  • Paper Pulp
  • Non-Wood Pulp
  • Filler Agents
  • Coloring Agents

You have to pay attention to the quality of your paper so that your paper can run ahead of the competition in the market.

Bakery Item Manufacturing

If you like to make biscuits, cakes, cookies, and muffins, then the bakery item manufacturing business can prove to be a profitable business idea for you.

The demand for bakery items remains in almost all the households in India and its demand remains very high every year.

How much investment will be required: Rs 50 thousand – 2 lakh 

Profit Margin : 30% – 35%

In how many days you will earn money: As soon as you start selling bakery items

The following materials are used to make bakery items:

  • Flour
  • Sugar
  • yeast
  • salt
  • mixed fruit
  • baking powder
  • caramel color
  • Vanilla

You can easily start the manufacturing business of bakery items with an investment of 50 thousand to 2 lakh rupees.

Craft Manufacturing

Creative crafts are in high demand in India such as wood carving, stone masonry, paintings, pottery, carpet weaving, etc.

If you have creative skills then you can easily start a manufacturing business of creative craft in less than Rs 2 lakh investment.

How much investment will be required: Rs 1 – 2 lakh 

Profit Margin : 50% – 60%

In how many days will you earn money: as soon as you start selling crafts

You have to create a lot of unique craft art so that you can sell more products than your competitors.

Carpet Manufacturing

Carpets are widely used in homes, offices, and hotels and are always in demand.

You can easily start the business of carpet manufacturing with 2 lakh rupees.

How much investment will be required: Rs 2 lakh

Profit Margin : 20% – 30%

In how many days will you earn money: As soon as you start selling carpets

The following materials are used to make the carpet:

  • nylon
  • acrylics
  • polyester
  • polypropylene

Carpets can be made both by hand and by machine, you can choose one of the two methods according to your budget.

Kitchen Utensils manufacturing

Kitchen items are used in all homes like embroidery, Jhara, tongs, cooker, glass, bowl, etc.

You can easily start the manufacturing of kitchen utensils for Rs. 2 lakhs.

How much investment will be required: Rs 2 lakh

Profit Margin : 20% – 30%

In how many days you will earn money: As soon as you start selling kitchen items

Below you can see the list of more manufacturing business ideas that you can start with an investment of under 2 lakh.

17) Flour production

18) Biscuit or chocolate making

19) Automotive parts manufacturing

20) Ceramic tiles manufacturing

21) Toys manufacturing unit.

22) Ice cream cone manufacturing

23) Chocolate manufacturing

24) Bread products making unit

25) Jam manufacturing unit

26) Organic products manufacturing

27) Cashew processing unit

28) Textile Manufacturing

29) Pickle making

30) Bio-diesel production

31) Tea Business

32) Food Park

33) Cement Plant

34) Bio-diesel Production

35) Rice Mill

36) Detergent Powder Manufacturing

37) Toothpaste Production

38) Sugar Manufacturing

39) Shampoo & Body Wash Manufacturing

40) Sanitary Napkin Production

41) Dal Milling

42) Woodworking

43) Toys Making

44) Tomato 

45) Tissue Paper Making

46) Sunflower Oil 

47) Sugar Candy Manufacturing

48) Staple Pin Making

49) Soya Chunks 

50) Soap Manufacturing Business

51) Rubber Stamp Making Business

52) Rubber Floor Mats Manufacturing

53) Potato Powder Making

54) Potato Chips Making Manufacturing Business

55) Pollution Mask Manufacturing

56) Plastic Product Manufacturing

57) Pasta Making

58) Paper Cup Making

59) Paper Bag Making

60) Papad Making

61) Palm Oil 

62) Packaged Drinking Water Production

63) Milling Business

64) Liquid Soap Making

65) Lemonade Making

66) Bag Making

67) Latex Rubber Thread

68) Jute Bag Making

69) Jam Jelly Making

70) Iodized Salt Production

71) Invitation Card Making

72) Ice Block Manufacturing

73) Hing Making

74) Health Supplement

75) Hand Made Paper Making

76) Hand Sanitizer Manufacturing

77) Groundnut Oil

78) Green Shed Net Making

79) Ginger Oil

80) Ginger Garlic Paste

81) Gem Clip Making

82) Garment Manufacturing

83) Fruit Juice Production

84) Fly Ash Brick Making

85) File Manufacturing

86) Exercise Book Manufacturing

87) Eraser Making

88) Envelope Making

89) Energy Drink

90) Drinking Straw 

91) Designer Lace 

92) Dalia

93) Custard Powder Production

94) Cotton Buds Manufacturing Business

95) Conveyor Belt Manufacturing

96) Concrete Block Manufacturing

97) Coconut Oil Manufacturing

98)  Coconut Milk Powder Production

99) Chalk-Making Manufacturing Business

100) Carton Crates Manufacturing 

101) Bindi Making Manufacturing Business

102) Cashew Processing Business

Well, it is easy to start a manufacturing business under Rs 2 lakh in India, you just need to have the necessary skills and business plan.

Essential reads:

Top 21+ Best New Business Ideas in India: Profitable

Top 21+ Best Unique Business Ideas in India

Before starting any business, it is important that you do good research about its market demand.

We hope that after reading this blog post, all your questions will be answered easily.

FAQ

Q: Which manufacturing business is most profitable?

Ans: The manufacturing business mentioned below are the most profitable.
1) Manufacturing of Kitchenware
2) Carpet Manufacturing
3) Bakery Item Manufacturing
4) Craft Manufacturing

Q: Which manufacturing business can I start from home?

Ans: You can start agarbatti manufacturing business from home.