5 Business Under 10 Lakhs- IID

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Best 5 Business Ideas Under 10 Lakh

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OUTLINE

• Overview
• Bee Keeping Processing Business
• Agarbatti Making Business
• Rooftop Farming
• Disposable Cup Glass
• Bakery Business
• Conclusion

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Overview

• India has the highest number of small, medium,
  and large business owners. In this blog, we will
  talk about the best 5 business ideas under 10
  lakh in India. As investment is a big concern
  when we talk about starting a business, we have
  accumulated the best 5 businesses below.

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Bee Keeping Processing Business
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Bee Keeping Processing Business

• The market for honey is rapidly growing, as
  people are switching from sugar to honey because
  of its various benefits. The trend for healthy
  eating is rising, which makes it an ideal
  business to start.
• The Honey export business is one of the most
  lucrative businesses as well. It has a lot of
  potentials to grow in the coming times. Now that
  honey is replacing sugar at homes, coffee houses,
  and restaurants, you can also dip your fingers in
  this sweet business and get fruitful profits.

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Agarbatti Making Business
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Agarbatti Making Business

• The market for flower incense sticks, agarbatti,
  and doopbatti is very vast, as these are used in
  almost every house daily. It is specially used at
  holy places to offer spiritual offerings.
• They are also used in aromatic therapy, which has
  been going on since medieval times. Also, people
  light them up to bring a positive aura to the
  living place. You can start this business on a
  small scale, and the machines required are
  available easily in the market.

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Rooftop Farming
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Rooftop Farming

• Urban agriculture, farming, or gardening is a way
  of cultivating, processing, and distributing food
  in or urban areas. Rooftop Farming or Urban
  Agriculture can also involve animal husbandry,
  aquaculture, agroforestry, urban beekeeping, and
  horticulture. These activities occur in pre-urban
  lands as well, and peri-urban agriculture may
  have different characteristics.
• The Urban Rooftop farming system is a simple "do
  it yourself" farming system that can directly
  place on the rooftop/kitchen garden/empty
  plot/farmhouse to grow fresh organic vegetables.
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Disposable Cup Glass
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Disposable Cup Glass

• Whether it is a small function, gathering, or a
  juice or tea stall, you will always find
  disposable cups and glasses.
• Looking at the current scenario, people have
  started avoiding used glass cups and glasses at
  the juices and tea stalls. This makes the demand
  for disposable cups and glasses high in the
  market.

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Bakery Business
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Bakery Business

• There are various types by which you can start
  your bakery business, like Online bakery
  (currently in trend), counter service bakery
  shop, food truck bakery shop, and wholesale
  bakery. According to the interest, once can
  choose the type of bakery they want to start.
• The demand for bakery goods is increasing among
  the consumers at a steady rate. Globalization has
  attracted the interest of people to try new
  things, making the demand for bakery items very
  high. You can find a bakery shop on every street
  flooded by buyers.

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Conclusion

• So, if you were confused about 'how to start a
  small business under 10 lakh', then here are few
  ideas for you. But, these are just a few of many!
  You can visit Institute For Industrial
  Development (IID) at www.iid.org.in and get more
  such kinds of business that can fall under your
  budget. Sharing a secret, there is also much
  business that you can start under 1 lakh. To know
  more, visit IID and become a member to get
  business project reports, plant and machine
  suppliers, expert connect, etc.

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