[7 best ]manufacturing business ideas with high profit.

Manufacturing business ideas-Many of us have money to invest, have the intention to run a business but they can’t find the right ideas to start.

Right ideas can grow your business well if you are smart and hard-working.

So, if you are searching for some best manufacturing business ideas with high profit then this is your ultimate destination.

Here you will get the 7 best ideas to start a manufacturing business that will give you a really good profit.

Most Profitable Manufacturing Business To Start-

The business ideas are-

  1. Paper Manufacturing Business.
  2. Toy Manufacturing Business.
  3. Gym Equipment Manufacturing Business.
  4. Electric Switch Board Manufacturing Business.
  5. Sanitary Fitting Manufacturing Business.
  6. Biodegradable Plates Manufacturing Business.
  7. Wall Putty Manufacturing Business.
manufacturing business ideas
manufacturing business ideas

Why did we choose these Businesses?-

Keeping in mind every need and the pros and cons of the businesses, it can be said that these business ideas are the best.

The business ideas I will discuss here are individual evergreen businesses.

These businesses are very demandable comparatively easy to start.

If you start these businesses and if you have a proper strategy then that will be very good.

Before starting any business keep three things in mind, that are-

  1. Is that the product is a problem-solving product?

2. What is the demand for that product?

3. What can be the future of the product?

These three points will help you to be rich.

If you want to know 15 low-budget business ideas in India then make sure you visit here.

Paper Manufacturing Business-

You will get all the details you need to start this business here.

You will get all the details you need to start this business here.

  • Raw- Materials-

The raw materials you need are-

  1. Scrap paper.

2. Pulping Chemicals.

3. Make-up fillers ( Like- calcium and Talcum powder )

  • Land and Building-

To start this unit you need to have approx 40,000 square feet area.

It must have 30-35 thousand area covered in that 40,000 square feet area.

  • Plant and Machinery-

You need a fully or semi-automatic plant for this business.

As well as you need to have core plant and machinery miscellaneous tools and equipment.

  • Electricity-

Here approx 300 KW electricity will be needed.

  • Manpower-

You can start this business with 30-35 professionals.

  • Cost-

To start this business the approx cost will be 8.5 crores + GST.

But it is depending on automatic and semi-automatic plants.

  • Turnover and Profit-

If the workers are working with 100 percent capacity ( 8 hours in a day ) then you can generate 50-55 lacs per month.

And except all the expenses the profit will be approx 10-12 lac rupees per month.

  • License

To start this business you need 4 licenses. That is-

  1. GST.

2. UDYAM.

3. FACTORY LICENSE.

4. NOC FROM FIRE POLLUTION BOARD.

  • How to sell?-

You can contact the big dealers of papers in your area first. If you give them an attractive price then you can get success very early.

Toy Manufacturing Business-

Here I will discuss the plastic toy manufacturing business.

  • Raw-Materials-
  1. Food-grade ABS plastic Granules/ PVC Granules.

2. Additives.

3. Paint and packaging Material.

Machine-

The machines you need for this business are-

1. Mixer.

2. Injection Moulding Machine.

3. Blow Moulding Machine.

4. CNC painting Machine.

5. Ultrasonic Welding Machine.

6. Pad printing Machine.

7. Paint Gun Apparatus.

8. Torque Gun.

9. Packaging Machine.

  • Manpower-

To set up this business you should have at least 2-3 toys mold designer

3-4 skilled machine operators and 3-4 unskilled workers.

  • Area-

You need to have at least 4000-5000 square feet area to start this business on a large scale.

Or you can start with this business in a small place also.

  • Electricity-

For this project, electricity will depend upon, the specification and the capacity of your machines.

If you set up this business on a medium scale you would need approx 40-45 KW electricity connection.

  • Cost-

The cost of the machines you need to start this business on a medium scale is – 20 to 25 lacs.

You can start this business initially from 10-12 lac rupees also.

Including working capital, you need almost 40-50 lac rupees investment.

But if you want then you can start this business on a small scale also.

  • Profit-

You know it is a very profitable business.

Usually, you can earn a 25 to 30 percent margin on each of the pieces.

  • How to sell?-

You can contact the toy dealer or you can start online also ( Like- Amazon, Flipkart E.T.C.).

Today Facebook is also a very big market.

At the initial stage, you can try on Facebook also.

manufacturing business ideas
manufacturing business ideas

Gym Equipment Manufacturing Business-

This also can be a very idea.

  • Raw-Materials-
  1. Electricity Resistance.

2. Welded Tube. (Like- HRC and CRC )

3. Seamless Pipes ( Width within 5mm to 14 mm )

4. IS2062 Grade Ms plates.

5. Pulleys.

6. Wire Pipes.

7. Hydraulic Mechanism.

8. Rubber.

9. Aluminum parts.

10. Consumables. ( Like- LPG, Organ Gas )

11. Powder for coating.

12. Lubricants.

13. Rexine.

14. Rebounded and Moulded Foam.

  • Machines-
  1. Laser cutting Machine.

2. CNC Hydraulic Bending Machine.

3. Lathe Machine.

4.CO2 Welding Machine.

5. Drilling.

6. Milling Machine.

  • Area-

If you want to start this business on a large scale then you need 60,000-70,000 square feet.

But if you want to start this on a small scale then you should have 10,000-15,000 square feet.

  • Manpower-

If you are starting this on a large scale then you need 100-150 workers.

But if you are starting this on a small scale then you need 15-18 workers.

  • Electricity-

If you are starting this business on a large scale then you need 320-500 KW power and if you are starting on a small scale then the requirement will be 80-100 KW.

  • Cost-

For a large-scale business, you need almost 15-20 crore rupees. But for a small-scale business, you need approx 3-5 crore rupees.

  • Profit-

You can earn 20-30 percent profit from here.

  • License-

The licenses you need are-

  1. GST.
  2. Factory License.
  3. NOC from fire, safety, and pollution board.

Electric Switch Board Manufacturing Business-

This business idea is one of the most profitable business ideas.

  • Raw-Materials-
  1. Plastic Granules.

2. Brass and Iron Electrical Components.

3. Corrugated Box and poly film. ( For Packaging )

  • Machines-
  1. Injection Moulding Machine.

2. Testing Machine.

3. Ceramic Inserts.

4. Profile Dies.

5. Hand Tools ( Like- Taster, Screw Driver, Knife ).

  • Electricity-

For this business, you need approx 20-25 KW power connection.

  • Manpower-

Here you need almost 15-20 manpower initially, where 1-2 will be the machine operator, 4-5 helper, 1 supervisor, 1 technical staff and an accountant is also needed.

  • Area-

To set up this business you need almost 1200-1500 square feet area including all spaces.

  • Cost-

You need almost 80-90 lac rupees to start this business.

  • Profit-

You can earn approx 10-12 percent annual profit from this business.

  • Licenses-
  1. GST.
  2. BIS ( Bureau of Indian Standards ).
  3. NOC from Fire and Pollution Control Board.

Sanitary Fitting Manufacturing Business-

Due to economic progress, changing lifestyle, and rapid urbanization the demand for these products is increasing very fast.

Whether it is a bathroom or modular kitchen, modern sanitary fittings are being used everywhere.

  • Raw-Materials-
  1. Brass Metal Ingots.

2. Stainless Steel Ingots.

3. Electro-plating Chemicals.

4. Packaging Materials.

  • Machines-
  1. Furnace.

2. Lathe Machine.

3. Drilling Machine.

4. Buffing Machine.

5. Belt Grinder.

6. Electro-plating plant.

7. Lazer Marking Machine.

8. Casting Die.

9. Foundry Tools.

  • Electricity-

You need almost a 25-30 KW power connection.

  • Area-

You can start this business with a 2000-2500 square feet area.

  • Manpower-

Here you need almost 15-20 workers to start this business.

  • Cost-

To start this business You will need about 15-20 lac rupees.

  • Profit-

Here you can earn a gross profit of 8-10 percent.

But just remember that all these figures are depending on the product, plant size, plant scale, supply chain E.T.C.

manufacturing business ideas
manufacturing business ideas

Biodegradable plates Manufacturing Business-

The importance of bio-degradable products has become very high today.

Now, instead of Plastic and Thermocol plates, the Areca leaf plate ( Plate made of areca leaves ) is being liked very much as a new option.

  • Raw-Materials-
  1. Areca leaves.
  • Where to get Areca Leaves?-

You can contact a local supplier or you can contact a brand like Indiamart.

Except for these, there are many more suppliers you can find on the internet.

You can visit Indiamart here.

  • Machines-
  1. Hydraulic Areca Plates Making Machine.
  2. Shrink Wrapping Machine.
  3. Water Jet Spray Gun.
  4. Water Gun.
  5. Pump.
  6. Profile Dies.
  • Area-

If you are starting this business on a small scale then you need approx 800-1500 square feet area.

  • Electricity-

For a small-scale business, you need approx 10-15 KW power connection.

  • Cost-

You need almost 5-8 lac rupees to start up a small-scale business. You can start with 4-5 lacs also.

  • Manpower-

You should have at least 3-5 workers.

  • Profit-

From here you can earn a profit margin of approx 10-15 percent.

But just remember that all the above figures are depending on the size of the business.

  • License-
  1. GST.
  2. UDYAM.

Wall Putty Manufacturing Business-

We are in a developing country. So, every day many buildings are being built somewhere.

That is why the demand for this product is highly growing.

  • Raw-Materials-
  1. White Cement.
  2. Dolomite.
  3. Cement Polymers.
  • Machines-
  1. Ribbon Mixer.
  2. Bucket Elevator.
  3. Vibratory sieve.
  4. Packaging Machine.

This industry has various sections. The machines also have various types with various capacities. Choose whatever you want.

  • Equipments-

Here you need some types of equipment also. Like-

  1. Hopper.
  2. Screw Conveyor.
  3. Storage Silos.
  • Manpower-

You need approx 15-20 workers initially.

  • Electricity-

Here you need approx 25-30 KW power connection.

  • Area-

For a small-scale business, you need approx 2500-3000 square feet area.

To set up this business on a large scale you need approx 8000-10,000 square feet area.

Here the production area will be 2500-3000 square feet.

Raw-Material storage 3000 square feet.

Administrative area 1000 square feet and finished product area you need almost 3000 square feet.

  • Cost-

You can start this business with 10-15 lac rupees.

  • Profit-

You can earn a profit margin of approx 7-10 percent.

These figures are depending on plant size, capacity E.T.C.

manufacturing business ideas
manufacturing business ideas

FAQ-

What is a good manufacturing business to start?

1. Wall Putty Manufacturing business.
2. Toy Manufacturing Business.
3. Sanitary Fitting Manufacturing Business.

How do I start a small manufacturing company?

First, select in which sector you want to work.
2. Set a business plan.
3. Arrange your funds.
4. Decide how you are going to sell your product?
5. Start making products.

What products are easy to manufacture?

You should select a business idea according to your budget and the demand for the product in the market.
Not by it is easy to make.
Here is some easy to manufacture products-
1. Soap.
2. Ice cream.
3. Cotton buds.

Small manufacturing business ideas in India under 10 lakhs-

1. Wall Putty manufacturing business.
2. Toy Manufacturing Business.
3. Mobile charger manufacturing Business.
4. Electric switchboard-making business.

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