8 Amazing Small Business Ideas Under ₹1 lakh in India

Starting your own business doesn't have to involve a huge investment. You can establish a profitable venture with a modest budget and some creativity. India's growing economy and changing consumer preferences have opened up numerous opportunities for low-cost business ideas with high-profit potential. Here, we'll explore 8 small business ideas under Rs. 1 lakh, each tailored to fit the Indian market and lifestyle.

1. Home Tiffin Services

With the increasing demand for homemade food, especially among students and working professionals, a tiffin service business is one of the most popular small business ideas. This venture doesn't require much capital and thrives on providing fresh, tasty, and healthy meals.

• Investment: ₹30,000–50,000 for utensils, groceries, and packaging materials.
• Profit Potential: High, as regular customers bring consistent revenue.
• How to Start: Focus on areas near offices, colleges, or hostels. Create a menu with affordable options. Use platforms like WhatsApp to manage orders.

2. Handmade Candles or Soaps

Handmade candles and soaps are trending, with many customers seeking eco-friendly, chemical-free products. This is a creative business idea that requires minimal investment and offers significant profits, especially during festive seasons and weddings.

• Investment: ₹20,000–40,000 for raw materials like wax, moulds, essential oils, and fragrances
• Profit Potential: High, particularly if you create unique designs and fragrances.
• How to Market: Use social media to showcase your products. Platforms like Instagram and Etsy can help you reach a broader audience.

Also Read: 10 Best Small Business Ideas Under ₹50,000 to Start

3. Mobile Repair and Accessories Shop

With the widespread use of smartphones in India, mobile repair services and accessories like cases, chargers, and headphones are always in demand. This business combines low investment with high returns, making it an ideal low-cost business idea.

• Investment: ₹50,000–1,00,000 for tools, basic training, and initial inventory.
• Profit Potential: High due to minimal operational costs.
• How to Grow: Offer quick service, use quality spare parts, and expand to selling refurbished phones as your business grows.

4. Organic Vegetables or Microgreens Farming

As health-conscious eating becomes mainstream, organic vegetables and microgreens are gaining popularity. This business not only requires low investment but can also be operated from your backyard or balcony.

• Investment: ₹20,000–50,000 for seeds, soil, trays, and basic tools.
• Profit Potential: Moderate to high, especially with direct-to-consumer sales.
• How to Start: Begin with fast-growing microgreens like wheatgrass or fenugreek. Partner with local health food stores or deliver directly to consumers.

5. Freelance Graphic Designing or Writing Services

If you have creative skills, offering freelance services like graphic design or content writing can be a lucrative new business idea. These ventures don't require significant infrastructure and have almost no overhead costs.

• Investment: ₹30,000–40,000 for good laptop and software subscriptions.
• Profit Potential: High, depending on your skill set and client base.
• How to Market: Build a strong online portfolio and use Fiverr, Upwork, and LinkedIn platforms to attract clients.

6. Fitness Trainer or Yoga Classes

Fitness is a booming industry in India, with more people turning to yoga and personal training to improve their health and wellness. This business is particularly rewarding for those passionate about fitness.

• Investment: ₹40,000–70,000 for professional certifications, yoga mats, and basic equipment.
• Profit Potential: High, especially with personalised or group sessions.
• How to Grow: Offer both in-person and online classes to reach a wider audience. Partner with local gyms or wellness centres for better visibility.

7. Custom Apparel Printing Business

Custom apparel, such as t-shirts, hoodies, and tote bags, is in high demand for personal use, events, and corporate branding. This business has great profit margins and allows you to showcase your creativity.

• Investment: ₹60,000–1,00,000 for a heat press machine, plain apparel, and printing supplies.
• Profit Potential: High, especially if you secure bulk orders from colleges or businesses.
• How to Scale: Start small with individual orders, then market to schools, event organisers and corporate clients for larger profits.

8. Pet Grooming Services

Pet ownership is rising in India, and there is an increasing demand for grooming services. If you enjoy working with animals, this is a unique and fulfilling low-cost business idea.

• Investment: ₹50,000–80,000 for grooming kits, shampoos, and training.
• Profit Potential: High, especially in urban areas with a growing pet population.
• How to Operate: Start by offering home services, which saves on rent and attracts pet owners with busy schedules.

Note: The numerical data provided in this blog, including investment estimates and profit potential, are approximate and may vary based on location, market conditions, and individual business circumstances.

Final Word

These small business ideas under ₹1 lakh cater to a wide range of interests and skills. Whether you're passionate about cooking, designing, or farming, there's an idea here for you. By choosing a venture that aligns with your strengths and the market's needs, you can build a profitable business and take the first step toward financial independence.