Most Profitable Manufacturing Business In India

By Author: FranchiseBazar
Total Articles: 28
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The
manufacturing sector in India has an upward growth rate of reaching $1 trillion
by 2025.  The implementation of GST will
make India a common market with a GDP of $ 2.5 trillion, which will be a big
draw for investors in the country. 

Nonetheless,
India has the potential to become the next global manufacturing ...
... hub.  The manufacturing business is undergoing a
paradigm shift and the industry is approaching the next wave of technology
transformation.

some of the
growing profitable manufacturing
businesses in India.

1. Ethanol
Manufacturing

 Did you know
that ethanol can be manufactured from sugarcane, corn, and other food
grains?  Yes, Ethanol.  This is one of the trending ideas in the manufacturing
business in India.  With the increase in
environmental pollution, the government is planning to blend 20% ethanol with
petrol by 2024. This is one of the reasons for the increase in the prices of
ethanol.

2. Essential Oil
Manufacturing

 An idea that can
guarantee huge profits is the manufacturing of essential oils.  Essential oils are used in many types of
consumer products like cosmetics, and medicinal purposes.  Furthermore, these oils are extracted from
plants through the distillation process. 
Not to forget, this is one of the few products which have a great
demand, no matter what time of the year it is.

3. Sustainable
Packaging

The government
has banned the usage of single-use plastic due to the increase in environmental
pollution. Hence there is a growing demand for sustainable packaging, like paper
packaging, bagasse packaging, banana leaves packaging, and more.  Nevertheless, it is one of the most viable
business ideas for MSMEs’.

4. Toy
Manufacturing

India is one of
the major markets for toys, but since the toy manufacturing industry is too
small to meet the domestic demands, hence India imports toys from foreign
markets.  The government is boosting toy
manufacturing in India, which is beneficial for the domestic market and will cater to the huge export opportunities in the international market.

5. Rice
Fortification

Rice with extra
added essential micronutrients to increase its nutritional value is referred to
as Fortified Rice.  The government
recently announced that the rice which is distributed throughout the country
via various government schemes will be fortified on a note to address
malnutrition in the country.  However,
the current fortified rice production is not enough to meet the demand.  So, this is a great manufacturing idea.

Having
considered some growing profitable manufacturing businesses in India, let us now
look at some of the best manufacturing franchises in India.

1. RCP Craftzone

Founded and franchising
since 2007, this is a modern handicraft brand which brings contrasting effects
to modern homes, with its unique range of wooden handicraft home décor.  Using skilled artisans and the latest
technologies, they ensure quality, durability, and class to customers’
delight. 

2. Spardha
HandicraftsFounded and franchising
since 2013, this is a niche segment which targets upper-middle-class people who
have a taste for unique products.  They
are manufacturers of traditional board games played across India. 

3. Kevin Candle

Founded in 2012
and franchising since 2014, this designer candle range includes different
varieties of candles in different shapes, scents, styles, sizes, textures, and
finishes.  The benefits of franchising
this business, are the tested business model to follow, marketing, advertising
assistance, high returns on investments and opportunities in the industry which
is highly growing.

4. Sharma
Furniture

Founded in 2007
and franchising since 2016, they are a sole proprietorship-based firm, engaged
as wholesalers of modular kitchens, modular furniture, office furniture, 3d
wallpaper and many more.  Their products
are in high demand because of their premium quality, seamless finish, pattern
range and affordable prices.

5. Stellar

Founded in 1996
and franchising since 2018, they are a pioneer in the elite furniture and
furnishing category in India.  It has
always stood out in the market for its noticeable quality and finesse in
designs.

 Now that we have
got a view of the Best Manufacturing Business in India followed by some
of the Best Manufacturing Franchises in India, let us further understand
some Manufacturing Business Ideas in India which can guarantee you profitwith a low investment of under Rs. 10 Lakhs.

 1. Handmade
Organic & Exotic Soaps

Handmade organic
and exotic soaps are more chemical-free products, which can be started with a
low investment of around Rs. 1.5-2 lakhs with pretty exciting returns.  The benefit of this is you won’t need to
spend time convincing people to buy it because it’s organic and today people
are switching to an organic lifestyle.

2. Fashion
Jewellery

One of the most
profitable manufacturing businesses in India with an investment under Rs. 10
lakhs.  Modern-day women prefer light and
pleasant jewellery which they can use to work, events, and celebrations.  This purpose is sorted by fashion jewellery.

3. Women’s
Footwear

The demand for
non-leather, cruelty-free, fashionable yet comfortable footwear for women is
growing demand.  So, this is the best
time to leap into franchising such a type of business.

4. Eco-friendly
Cutlery and Kitchen Items

Another growing
manufacturing business is catering to making customers' lives easy.  This not only saves us the hassle of maintenance
but also replaces the option of plastic. 
The best part of this business is your machine investment cost is not
too high.

5.
Environment-Friendly Bags

This encompasses
jute, canvas cloth, and paper bags, which are sustainable options for plastic
bags.  Not to forget, this business will
never run short of customers, because we will not stop using bags anytime
soon.  So think about it and consider
this as a franchise option.

The Bottom Line

This article has
taken us through the best manufacturing business ideas in India, the best
manufacturing franchises in India followed by Manufacturing businesses in India which can guarantee a profit with a low investment of under Rs. 10 lakhs. 

Nonetheless, you
can reach out to our experts who can guide you on the further details of what
more is required to know about a franchise. 
So, hurry, visit us soon.

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here today or Call us now: 098444 43200