Till about two decades ago, every person in India dreamed of getting a job, at that time people used to avoid taking risks in business. But in the last few years there has been a change in this thinking. Behind this, government schemes like Startup India for new startups and shows like Shark Tank have given new hope to the youth to fulfill their dreams.
If any person today wants to start his own business, he can avail many facilities like investment, government schemes etc.
In today’s article, we are going to tell you how you can earn good profits by starting with an investment of Rs 3 lakh.
Business ideas starting with investment of Rs 3 lakh
Bakery Store
Bakery store is a good idea, which any person can start with low investment and earn huge profits. If you know baking, you can start your business within Rs 3 lakh. In this, you bring different varieties like bread, cakes, pastries and cookies and use unique recipes along with quality to attract customers. Apart from this, you can make customized cakes and cookies on special occasions to increase your customer base.
Soft Toy Manufacturing
The market of soft toys is continuously growing due to personalized and unique gifts. Toys can also be for small children and can be in the form of toys like teddy for older ones. These toys are in great demand and sell very well. The toy market alone in the Indian market is worth thousands of crores. Most of the toys are made in China, which is why Prime Minister Narendra Modi had to appeal to make Made in India products. In toys, you can make soft toys, electronic gadgets, plastic toys and battery toys. You can start toy making business within Rs 3 lakh and you can talk to local retailers, gift shops and online platforms to sell your products.
LED Bulb Manufacturing
Today, more and more people are becoming aware of energy efficient bulbs and the Indian government is also promoting such bulbs, so LED manufacturing business can be very profitable. Before starting an LED manufacturing unit, it is necessary to take training in making it, for this, MSME Ministry, Institute of Industrial Development, Khadi Village Industries and many government and private NGOs keep providing training from time to time. For this business you will need an investment of up to Rs 2.5 lakh. You can build trust among customers by providing high quality bulbs at affordable prices.
Dairy Farming
India is the world’s largest consumer of milk and its products, which is why if dairy farming is done properly in India, it can be a good and profitable business. In dairy farming, you can sell milk and its products like ghee, cheese etc. along with lamps made from cow dung and other products and cow urine etc. For this you will have to open a cow shed on an empty land and buy some good breed cows. One thing to keep in mind is that you need to vaccinate your cows from time to time and get them examined by a veterinary doctor. In dairy farming, you will need some machines to construct a cow shed, buy cows and make products, for this you can start it with an investment of Rs 3 lakh.
T Shirt Printing
Today every person likes to wear printed T-shirts, apart from this many companies also make customized printed T-shirts for themselves. You can start this business from home also, for this you will need a T-shirt printing machine, a good color printer etc. You can start this business with an investment of Rs 3 lakh. For this you will have to buy some good quality plain T-shirts. After that, you can print whatever you want on it as per your choice or as per your order.
Game Parlor
With the increasing popularity of gaming culture, starting a game parlor can be a profitable venture. To start a proper game parlor, you will need a good computer with high speed internet, along with gaming consoles and controllers, latest games, etc. You can start this business with Rs 3 lakh and it is a very profitable business.
These business ideas with less than 3 lakh investment provide the perfect opportunity for aspiring entrepreneurs to become businessmen. With dedication, creativity, and strategic investment, you can turn your dream of becoming an entrepreneur into reality.
