A ₹10 lakh budget provides more flexibility for establishing a sustainable business. You can invest in better equipment, set up a more professional workspace, and even expand your marketing efforts. Whether you're considering manufacturing or service-based businesses, ₹10 lakh can help you establish a strong brand presence and scale your business faster.
Target Audience: Entrepreneurs looking to invest ₹10 lakh in product or service-based business ideas.
This guide includes:
Practical product & service ideas
Feasibility across Indian regions
Growth strategies
Product-Based Businesses (₹10 Lakh & Under)
1. Affordable Clothing Brand (Online or Retail)
Investment: ₹6–8 lakh (inventory, branding, marketing, rental space)
Products: T-shirts, ethnic wear, or fashion accessories
How to Start:
Choose a niche (casual wear, ethnic wear, sustainable fashion)
Work with manufacturers to create quality clothing
Build an e-commerce website or sell through online marketplaces
Revenue Potential: ₹50k–₹1 lakh/month
Location Fit: Tier 1 cities and popular Tier 2 cities like Pune, Ahmedabad, Surat
2. Furniture Manufacturing or Retail
Investment: ₹7–9 lakh (tools, raw materials, retail space, transport)
Product Ideas: Custom furniture, modular furniture, small home décor items
Market Demand: Increasing trend towards home offices, modular kitchens, and home décor
Setup:
Start with a small workshop or tie up with manufacturers
Offer delivery and assembly services for larger furniture
Revenue Potential: ₹1 lakh–₹3 lakh/month
Location Fit: Metropolitan areas and Tier 1 cities where residential and office spaces are booming
3. Herbal or Ayurvedic Product Line
Investment: ₹6–8 lakh (raw materials, equipment, packaging, certifications)
Products: Herbal face packs, oils, shampoos, Ayurvedic teas
Market Trend: The growing demand for organic, natural beauty and wellness products
How to Start:
Partner with certified Ayurvedic manufacturers
Set up an e-commerce platform, including social media for targeted promotions
Revenue Potential: ₹50k–₹1.5 lakh/month
Location Fit: Urban centers (Bengaluru, Pune, Delhi NCR) with health-conscious consumers
4. Solar Product Manufacturing
Investment: ₹8–10 lakh (solar panels, raw materials, tools)
Products: Solar lamps, panels, chargers, or home solar kits
Growth Potential: The rising focus on renewable energy, government schemes, and environmental awareness
How to Start:
Partner with solar component suppliers or set up your own manufacturing
Sell through government tenders, e-commerce, and partnerships with local businesses
Revenue Potential: ₹1 lakh–₹2 lakh/month
Location Fit: Tier 1 cities like Delhi, Bengaluru, Pune, and metro cities with a focus on sustainability
5. Pet Care Products
Investment: ₹6–8 lakh (product development, packaging, marketing)
Products: Organic pet food, grooming kits, accessories, toys
Market Demand: Growing pet ownership, especially in urban areas
How to Start:
Launch an e-commerce platform for pet care products
Partner with veterinarians and pet stores for product promotions
Revenue Potential: ₹50k–₹1 lakh/month
Location Fit: Tier 1 cities like Mumbai, Delhi NCR, Bengaluru, Chennai
Service-Based Businesses (₹10 Lakh & Under)
1. Digital Marketing Agency
Investment: ₹5–8 lakh (website, employee salaries, advertising, tools)
Market Demand: The demand for digital marketing services is growing, especially for small businesses looking to establish their online presence
How to Start:
Build a small team of digital marketers (content creators, SEO experts, social media managers)
Offer services like SEO, social media marketing, content marketing, PPC, and branding
Revenue Potential: ₹1 lakh–₹5 lakh/month
Location Fit: Pan-India, especially in Tier 1 cities like Bengaluru, Delhi NCR, Mumbai
2. Photography or Videography Business
Investment: ₹6–8 lakh (camera equipment, editing software, website, marketing)
Market Niche: Weddings, corporate events, personal branding, influencer marketing
Revenue Potential: ₹1 lakh–₹2 lakh/month (depending on events)
How to Start:
Invest in professional-grade cameras, editing software, and accessories
Build a website showcasing portfolios, offer packages for businesses and individuals
Location Fit: Major metros like Delhi, Mumbai, Bengaluru, Chennai
3. Mobile App Development
Investment: ₹7–9 lakh (development tools, initial app design and development, marketing)
Target Audience: Small businesses, local service providers, education, or lifestyle apps
Revenue Potential: ₹2 lakh–₹5 lakh/month (with app subscriptions or one-time purchases)
How to Start:
Hire or partner with experienced app developers and designers
Focus on simple yet highly demanded apps like business directories, delivery, or online learning platforms
Location Fit: Tier 1 cities like Bengaluru, Hyderabad, Pune (tech hubs)
4. Fitness Studio or Gym
Investment: ₹8–10 lakh (rent, equipment, interior design, marketing)
Target Audience: Fitness enthusiasts, professionals, and health-conscious individuals
Revenue Potential: ₹1 lakh–₹3 lakh/month depending on clientele
How to Start:
Choose a niche (e.g., yoga, HIIT, weight training, cardio)
Partner with fitness influencers for brand awareness
Offer monthly subscriptions, fitness packages, and health consultations
Location Fit: Metro cities and Tier 1 cities with young, health-conscious populations
5. Home Cleaning & Maintenance Services
Investment: ₹4–6 lakh (equipment, cleaning supplies, marketing)
Market Niche: Residential cleaning, office cleaning, deep cleaning services
How to Start:
Build a network of professional cleaners
Offer subscription packages for regular cleaning services
Promote services via local advertisements, social media, and apps like UrbanClap
Revenue Potential: ₹50k–₹2 lakh/month
Location Fit: Tier 1 cities, metro areas where busy professionals demand cleaning services
Government Schemes You Can Apply For
Mudra Loan (Tarun): ₹50,000–₹10 lakh, collateral-free
Pradhan Mantri Employment Generation Programme (PMEGP): Subsidy for manufacturing & service units
Stand-Up India Scheme: Upto ₹1 crore for women and SC/ST entrepreneurs
Atmanirbhar Bharat Scheme: Offers incentives for local manufacturing and services
Licensing, Tax & Registrations
Digital Tools You Can Use
Accounting: QuickBooks, Zoho Books, Tally
Marketing: Google My Business, Instagram Ads, WhatsApp for Business
E-commerce: Shopify, WooCommerce, Flipkart, Amazon Seller Central
Delivery & Logistics: Shiprocket, Dunzo, Swiggy Genie
Project Management: Trello, Asana, Zoho Projects
City/State-Specific Examples
Delhi NCR: Digital marketing agency, mobile app development, fitness studio
Bengaluru: Furniture retail, solar product manufacturing, personalized products
Pune: Herbal skincare, event planning, photography services
Chennai: Fitness services, home cleaning, gym startups
Hyderabad: Digital marketing, fitness, mobile app development
Jaipur: Customized products, event management, photography
Action Plan
Market Research – Identify local demand by checking online trends, talking to potential customers, and evaluating competition
Build a Brand – Use online and offline channels to create brand awareness
Launch Strategically – Offer introductory discounts, create promotional campaigns, and build a strong online presence
Customer Engagement – Focus on providing quality service, and maintaining relationships with clients through social media and follow-ups
Scale Up – Reinvent and re-invest profits into growing the business with additional products, services, and marketing efforts
Disclaimer
The business ideas and budget estimates provided in this guide are intended as general guidelines. The actual costs of starting and running a business may vary based on various factors such as location, local market conditions, government regulations, resource availability, and other on-ground challenges. It is recommended to conduct thorough market research and consult with industry experts or financial advisors before making any investments.