Bihar is one of the most populous states of India with a population of nearly 10 crores and the GDP of Bihar was around ₹6,79,473 crores ($90 billion) till the year 2021, which is opening up many business opportunities here.
If you want to know Small Scale Manufacturing Business ideas in Bihar then you have come to the right place because in this post I am going to answer these questions in a very easy way.
Although agriculture is one of the biggest businesses in Bihar, apart from this there are many other manufacturing business ideas that you are going to know about in this blog post.
So let’s know without delay what are the profitable small-scale manufacturing business ideas in Bihar.
Table of Contents
Small Scale Manufacturing Business Ideas in Bihar
So let us know which manufacturing business you can start easily in Bihar and earn a good profit.
Agarbatti Manufacturing Business
You all know that incense sticks are used in crores of homes in India and their demand is increasing continuously. You can easily open an Agarbatti manufacturing business in Bihar.
Agarbatti is an aromatic powder that people burn in their house in front of the deity and during festivals and it gives a good smell which makes the atmosphere of that place fragrant.
Investment : INR 80,000 – INR 1.5 Lakhs
Production : 100 kg/per day
Manufacturing Cost : 1 Lakh/month
Revenue: 3 lakhs/month
Gross Profit: 2 Lakhs
Banana Wafers Manufacturing Business
Banana wafers are all time trending snack in Bihar and their demand is always there in Bihar, so it can prove to be a good small-scale manufacturing business for you.
In this, initially, you have to invest in the machine that makes Banana Wafers, after that, all you have to do is make and sell the wafers. You can export Banana Wafers to the local market as well.
Initial Investment : 6 – 8 Lakhs
Manufacturing Cost : 1 Lakh/month
Revenue: 3-4 lakhs/month
Gross Profit: 2-3 Lakhs
Candle Manufacturing Business
The candle business is also a great small-scale manufacturing business idea that you can easily start in Bihar. Candles are used extensively in religious places as well as festivals.
There is always a demand for candles, so it will not be difficult for you to grow this business. You can start it with low investment also and earn a good profit.
Initial Investment: 5 Lakhs
Production : 500 kg/day
Manufacturing Cost : 1 Lakh/month
Revenue: 3 lakhs/month
Gross Profit: 2 Lakhs
Cashew Processing Business
People in India like to eat cashew very much because it has nutritious properties inside it. If you start this business in Bihar then it can prove to be a profitable business for you.
The cashew processing business involves processes like cell cooking, peeling, cashew kernel drawing, cutting, and packing.
Initial Investment: 10 Lakhs
Production : 350kg/hr
Manufacturing Cost : 2.5 Lakhs/month
Revenue: 3 lakhs/month
Gross Profit: 1.5 Lakhs
Coconut Milk Powder Making Business
India is the third largest producer of coconut in the world. Coconut powder is used more in Bihar along with other states of India.
There are many advantages of starting a coconut milk powder business such as it is cheap to produce, does not require any particular place to store it, and has a long shelf life.
Initial Investment: 10 Lakhs
Manufacturing Cost : 3 Lakhsmonth
Revenue: 2 lakhs/month
Gross Profit: 1 Lakhs
Cotton Buds Manufacturing Business
In today’s time, the demand for cotton buds is also very high and you can start it easily in Bihar. Cotton buds are cotton spindles with cotton on both ends.
It is mainly used to remove the dirt present inside the ear.
Initial Investment: 2 Lakhs
Manufacturing Cost : 1 Lakh/month
Revenue: 1.50 lakhs/month
Gross Profit: 50 Thousand
Dalia Manufacturing Business
In today’s time, as people are becoming aware of their health, people are eating more healthy foods like Dalia. This is could be the best small-scale manufacturing business in Bihar.
Dalia is made up of wheat and husk, so you don’t need a lot of equipment to make it. And it doesn’t even require a lot of licensing.
Initial Investment: 5 Lakhs
Manufacturing Cost : 2 Lakhs/month
Revenue: 3 lakhs/month
Gross Profit: 1 Lakh
Eraser Manufacturing Business
Generally, rubber is always in demand, it is used by many people like students, typists, artists, bookkeepers, and many others to correct their pencil written mistakes.
Its demand is even more in states like Bihar because the number of people studying there is also more, so it can prove to be a profitable small-scale business for you.
Initial Investment: 5-8 Lakhs
Manufacturing Cost : 2 Lakhs/month
Revenue: 3 lakhs/month
Gross Profit: 1 Lakh
Flour Manufacturing Business
Flour is such a food item whose demand will never be less, especially in states like Bihar because people there always use flour in the form of roti in their food.
Different types of flours are used for cooking such as wheat flours, brown flours, wholemeal flours, etc. Its production process is also very easy.
Initial Investment: 3-4 Lakhs
Manufacturing Cost : 1.5 Lakhs/month
Revenue: 2.5 lakhs/month
Gross Profit: 1 Lakh
Fruit Juice Production Business
Everyone likes to drink fruit juice, especially in the summer season. If you want to open a small-scale manufacturing business in Bihar then a fruit juice production business is one of the best options for you.
In this you should have a juice-making machine and raw materials of the fruit, using which you will make fruit juice.
Initial Investment: 4 Lakhs
Manufacturing Cost : 2 Lakhs/month
Revenue: 2.5 lakhs/month
Gross Profit: 1 Lakh
Ginger Garlic Paste Processing
Earlier people used to make ginger and garlic paste separately but now people prefer to buy ginger and garlic paste from the shop itself. It is in great demand in Bihar and you can easily expand this business.
Along with the use of ginger and garlic in food, it is also used in medicine as a gastric stimulant.
Initial Investment: 2 Lakhs
Manufacturing Cost : 1 Lakh/month
Revenue: 1.5 lakhs/month
Gross Profit: 50 Thousand
If you start any of the above-mentioned small-scale manufacturing businesses in Bihar, then you can easily get success in it but for that, you have to do market research well.
Essential reads:
What Business to Start with 50k in Canada: Profitable Business
We hope that after reading this blog post, you have got the answer about profitable small-scale manufacturing business ideas in Bihar.
So what are you waiting for, you should analyze the market need & start one of your favorite business.