Starting a new business is a difficult task and that to if the business to be set up is on the large scale then you will need a large amount of capital and other resources. So if these resources are not available then starting a small scale business with low investment is a viable option. There are lots of options available for the small scale manufacturer to choose the industry. Some of the options are as follows:
- Manufacturing cookies and biscuits:
Source : aasted.eu
This business is very much useful for the small businessman as there is always demand for new taste in the market. If you can maintain the quality as well as the taste then this business can be established.
- Cottage butter, Paneer and ghee:
Source : paramdairy.com
Many of the big companies are known for the salted butter they provide but the small companies are also known for their butter with the traditional taste and the market for this is also available as these are the highly consumable products.
- Manufacturing incense stick/agarbatti:
Source : albiefragrance.com
This is the business which is in high demand for the small scale industries as it has a huge market and having some religious importance also there are no big firm to compete with.
- Candles and wax products manufacturing:
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The candles are in huge demand as they are needed in the different size and shape there are many uses of it and also the wax products have the high demand for offerings in the churches and also they are used for the decorative purpose.
- Soda & flavored drinks:
Source : unlvfreepress.com
The business of manufacturing the flavored drink is very much popular in the areas where the huge soft drink companies haven’t established their market and also it is easy to start manufacturing these drinks as the raw material is available in the market very easily.
- Indian bread (chapati & paratha):
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In the growing era of small family and low purchasing power, there re families where all the members are working outside so it will be easy to sell these edible items in the market and the demand will never fall much for this product. The only thing which a manufacturer needs to see is that the quality and taste shall be according to the need of the consumers.
- Paper bags and envelopes manufacturing:
Source : q8copy.com
The paper recycling is a trend in the current period, the raw material for making the envelopes and paper bags are available at a very cheap rate and also the government is promoting the use of the paper bags instead of the use of plastic bags and the subsidies will be also provided to start such a business.
- Concrete blocks manufacturing industry:
Source : newindianexpress.com
Each and every country is developing and to develop they need to build a quality infrastructure and thus the demand for these products used for construction will be in demand and the government can also be your buyer if the quality and price are kept accordingly.
These were the key industries in which the manufacturers can enter into by keeping their investment low but there are other options also available for starting small business.