Looking for new manufacturing business ideas with medium investment in India? Then you came to the right place. Here in this article, we will find the best manufacturing business ideas in India that will generate huge profits and your business will grow and prosper.
20 new manufacturing business ideas with medium investment in India
If you are interested in manufacturing business ideas then check out the below-mentioned ideas.
Production of baby diapers and wet wipes
Baby diapers and wet wipes are indispensable for parents; because they use the products in question for their babies from the day they are first born until the age of 2 and a half. Parents who have children within the mentioned ages have no choice but to buy diapers or wet wipes.
If you have an idea of going into manufacturing, it’s not a bad idea to start by producing diapers or wet wipes. In addition to being a constantly developing sector, it is also an extremely open field for new entrepreneurs. Although there are leading companies in the sector, what is clear is that if your products are of high quality and reasonable in price, it will not be difficult to create your own market.
Of course, no building is complete without a door; this makes doors an important component for buildings. If you want to enter the manufacturing sector, but cannot decide on the product you will produce, you should consider entering the door production business. Besides the production of ordinary doors, you can also specialize in the production of security doors. There is serious market potential in the production of security doors and this is a very profitable business.
Production of aluminum products
There are various products to be obtained from aluminum; windows, doors, roof, pans, etc. Many products can be produced from aluminum. If you are researching to go into manufacturing, you might consider aluminum product manufacturing. Extremely successful and profitable business.
Of course, there are things we would suggest you do before embarking on this kind of work. Conducting complete market research and feasibility study is one of them. In this way, you will be able to identify aluminum products with high sales rates. This will make the job of your marketing team easier. You can also choose the production of aluminum foil, do not forget what a large market share this product has.
Furniture is another basic need needed in offices, homes, schools, and even in almost every building. Suitable for chairs, tables, cabinets, beds, wardrobes, shelves, etc. All furniture products have extremely high marketing potential. If you want to get into the manufacturing sector and make your product appeal to everyone, regardless of the rich or the poor; you should consider starting furniture production.
Furniture production is indeed a profitable business, if your furniture is of high quality and beautiful, you can have a chance to increase your brand value, so you can attract customers both from within the borders of your own country and from the international market.
Another profitable and successful business is to open a textile production factory. Textile products have a global market.
As with most manufacturing industry jobs, opening a textile manufacturing plant is a capital-intensive business. If you’re going to start this type of venture, you should prepare a viable business plan so you can penetrate the textile market.
Production of roofing materials
Another business related to the construction industry is the production of roofing materials. This job is really worth a try. A building is not complete without a roof. This situation clearly reveals the potential that will arise from the production of roofing materials.
Roofing materials are also a capital-intensive business, but with the appropriate market research and feasibility study you will perform before your investment, you can make sound decisions and come to a level where you can compete with your competitors in a short time.
Another option for entrepreneurs who are considering going into the manufacturing sector is jewelry production. It is possible to enter this sector with a large, medium, or small-sized company. You also have the opportunity to choose the jewelry you want to produce.
It is a fact that there is an extremely wide market potential for jewelry; this is the case because women never get tired of buying jewelry made from different materials. Also, keep this in mind, if you are planning to establish a jewelry manufacturing company, the jewelry you will produce does not have to be made of gold or silver; You can also start mass production for jewelry made of plastic, copper material, and gold-plated.
Production of room fragrance
Another product you can start mass production with is room fragrances. If you want to start a low-budget manufacturing business, air freshener production may be the right choice for you.
With a little capital, you can manage to set up your own room fragrance production factory. There is considerable market potential in this field as well, and air fresheners can be produced in liquid, gaseous, or solid form. If you want to compete in the industry, you have to make sure you find unique, pleasant scents and pack your products properly.
Production of folders, files, and envelopes
Another low-budget manufacturing job is the production of folders, folders, or envelopes. This business, especially school, post office, etc. a highly thriving business if set up near buildings. If you want to have a place in the sector and make a profit, and the work you will do does not require too much capital, the production of folders, files, and envelopes in different shapes and sizes may be a suitable option for you.
Don’t worry that the buttons are small, producing buttons in different sizes, shapes, or colors can make you rich! Buttons have a market potential that cannot be underestimated because almost every garment has buttons. So, if you have the idea of going into the manufacturing industry, consider starting a button factory.
The way to grow this type of business is to connect with factories that produce clothes or uniforms; Remember, they will form the basis of your market. It is your responsibility to make sure that you do thorough market research and feasibility study; you should not attempt this kind of work using the trial and error method.
There is no place in the world where yarn is not used. However, it would not be an exaggeration to say that yarn production is a money-making business. There are different types of yarn you can produce: twine, rope, cord, Escalera, etc. You have to take into account the fact that you are or not because this job is also considered a type of job that we can consider capital intensive.
Soap and detergent production
Soap and detergents are household items bought every second around the world. If there were no soap or detergents to clean the place, you can imagine how things would go wrong! You ask why? Because, thanks to soap and detergents, we can destroy the dirt and rust around. If you think you have the necessary qualifications to succeed in this job, we say to get started right away.
Production of oil and olive oil
We are aware that there will be many people who will not be willing to cook with different kinds of oils. Most people prefer to cook their meals with olive or sunflower oil. When this is the case, a person who undertakes the production of such oils can have a considerable fortune.
Starting this business is of course not a piece of cake. If you want to make a good start and lay a solid foundation that will contribute to the development of your business, you need to take into account many factors. Other points that we consider useful to point out are that you need to determine the location of your business and where you will source your raw materials from.
Production of locks and keys
There has been an explosion in the manufacturing sector recently. The reason is the richness of the information we can reach, because of this abundance of information, every Ahmet, Mehmet, and Ali wants to get into this business.
If you want to get into business just like these people, you can choose the field of lock or key production. This business requires a lot of capital, but the truth is that the return on the capital you spend is spectacular. So, the profit return of this kind of business is quite high.
Production of wigs, braids, and hairpieces
Do you think looking good is a good business? If your answer is yes, maybe you want to try to understand why women always want to look beautiful. The idea of looking beautiful with different hairstyles appeals to women. Exactly for this reason; it would be a very logical undertaking for you to start the production of wigs, braids, or hairpieces. We can’t think of anything that makes more money than this commercial breakthrough, because of the abundance of consumers.
Water tank and bucket production
Rubber for making water tanks or plastic products is a quick way to get rich. The reason for this is the abundance of people who supply the products in question daily. This business area has a wide market, and you can also benefit from the blessings of the industry. Of course, for all these, you need to have extremely low capital, but your profit is guaranteed in the long run. Another issue you have to deal with is to find out where to get the raw material.
The market potential in ball production is quite large. Apart from those who are interested in a certain sport and will buy balls from your business, heaps of people may want to buy the balls you produce. If you are determined to enter the manufacturing industry, this is one of the good jobs you should hold on to.
Production of the hearth with oven
Throughout the world, even in the countries with the richest economies, groups of people who can be defined as a middle or low class live. We can say that they are the people who use the stoves the most. For example, the rate of oven use in Africa is quite high and this high rate can only be related to the state of the economy. You may think that you have taken the first step towards becoming rich by starting a bakery production business.
Starting springboard production can also be another option. One of the problems that springboard production solves in the market is the insurance coverage it provides. Ever since springboards started to be produced, people have needed a simple level of assurance. We can count people who have a party or want protection from the sun among those who will need this product you produce.
Ink and cartridge production
Ink and cartridge manufacturing are also lucrative business ideas. The reason is that they are an indispensable need for some machines such as printers and computers.
Embarking on this type of business requires a substantial expenditure of money. However, if you are competent and put forth great effort, you can soon take your business to the top.