Not one or two, many businesses can be started in India with an investment of 1 crore rupees, and you will make remarkable profits from them. Among them are:
Pharmaceutical Businesses;
According to reports, India is now the world’s largest exporter of generic drugs. There is no doubt that the Indian pharmaceutical market is one of the world’s fastest-growing and most competitive markets. In 2020, the domain’s revenue reached $55 million, demonstrating its profit potential. Over the last few months, the pandemic has increased drug purchases even more. Starting a business in this sector is also an option.
Visit this Page for More Information: Lucrative Business Opportunities for Startups Upto 1 Crore (Plant and Machinery)
Manufacturing facility for Plastics;
Buckets, tumblers, cups, and other plastic items commonly used in homes and offices are always in high demand. You can start a plastic moulding business and make these items.
Manufacturing of Tyres;
India is the world’s third-largest automobile market. The trend will likely continue, and the country will become the world’s largest vehicle market. As a result, there will be a higher demand for tyres of all sizes. This is an excellent time to start a tyre manufacturing business.
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Business of Ceramic Tiles;
Open a ceramic tile factory to capitalise on India’s housing boom. This business is reliant on machinery and your creativeness. Ceramic tiles can be found in various settings, including homes, offices, hospitals, and hotels. There are plenty of customers.
Marine Paints;
This type of paint is used for anything that comes into prolonged contact with seawater or freshwater. They are used to paint a variety of boats, including dhows, ships, trawlers, quays and harbour installations. Start making these paints.
Manufacturing of Furniture;
Custom-made furniture is in high demand among both residential and corporate customers. You could start a factory that creates such high-end, customised furniture.
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Solar Power Plant:
Solar farms are taking the place of croplands that aren’t generating enough revenue from traditional farming. Solar farms use solar panels to create large amounts of renewable energy that individuals can use for commercial and residential purposes. Building a solar farm is a capital-intensive endeavour, but the long-term returns on investment (ROI) are well worth it.
Toy Manufacturing:
The toy manufacturing industry in India is one of the most rapidly growing industries in the country. It is very profitable to start a new Toy Manufacturing company. Before establishing the business unit, conduct thorough research on the prototype and raw materials required for toy manufacturing. There are many types of machinery to help you produce many toys.
Manufacturing Fragrant and Regular Candles;
Candles are used for interior decoration in restaurants, showrooms, offices, homes, weddings, and other events, in addition to lighting houses during power outages or religious centres.
You can make fragrant candles of various sizes, shapes, and colours with some training and experience, as well as the use of scented oils. Scented candles are commonly used for meditation and relaxation in religious and spiritual retreats.
Detergent Powder Making;
Many large companies and brands exist today. The detergent powder business generates a great deal of profit for all companies.
You can make a good profit by starting a washing powder business because there will always be a demand for it. Selling detergent powder is also not a difficult task, and it is a lucrative business.
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Business of Spices;
In India, spices are a big business, with demand coming from all over the country. We used to, and still do, use fresh spices that we prepared at home. Many spices are in high demand, including garam masala, jeera masala, parantha masala, and others. This is a large-scale business that you can start.
Unit for Processing Coconut Oil-Based Foods:
Coconut oil-based food production is a lucrative business. One of the best businesses to start in Kerala is making coconut goods at home and selling them. Rava Ladoos, Banana Halwa, various types of chips, Sweet, Jaggery Stuffed Pancake, pudding, Kerala spicy mixtures, roasted cashews, and other snacks can be made and sold both online and through local retailers. Coconut is loved by Indians and people worldwide for its flavour and health benefits, which is why this business could be a massive success for you.
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I hope that helped.
