Business ideas under 5 lakhs

1. Best Business Ideas Under 5 Lakhs in 2022 Are you also looking forward to starting your own business? But lacking those ideas that come under your estimated set of investments. So don't get confused over the thought of what business or industry sector shall be chosen in your budget. There are multiple such business opportunities that can be started with the investment of 5 lacs or even less. Creating a business model requires deep analysis and it requires focusing on market needs. By starting your entrepreneurial journey in a niche that has profit potential up to your expectation and revolves around something you want. Here are those 5 businesses that can be started with the investment of 5 Lacs 1. Bakery Business Along with rising demand, the bakery is one of the most popular food processing industries in India. There are many ways one can start a bakery business like a home bakery, cloud kitchen, etc. Based on the total requirement, one can start a small-scale bakery business in India with an overall investment in the range of 3 to 5 Lacs.

2. 2. Agarbatti making business The agarbatties are in use since the ancient Vedic time. Agarbatti making business from holy waste can be started with a low set of investments has a huge market potential because its demand is at an all-time high and go even higher during festivals. Overall investment required in agarbatti making business is up to 1 to 3 Lacs 3. Rooftop Farming Rooftop farming can be a viable option for urban agriculture on account of decreasing agricultural land space, especially in Indian cities. The Rooftop farming business has a good scope and can be started with the initial investment in your budget. 4. Soya Milk Processing As people are getting more conscious about their health, soya milk that is high in protein and calcium accounting the increase in demand. Soya milk processing business on a small scale can bestarted with the estimated investments of up to 4 to 5 lacs. The business has the potential to return a high revenue. 5. Disposable Plate Making Business Paper plates are conveniently used in serving eatables. These are biodegradable products and have a high demand in the market. One can start this business from an estimated amount of 2-5 Lacs. Project Report Required To Start a Business For starting any small-scale business, a project report is required to understand the necessities of the business to make it lucrative and long-lasting. You can connect with Institute for Industrial Development at www.iid.org.in or the youtube channel “Entrepreneur India Tv" which provides you with entrepreneur training, certificate, and the right

3. business directions. It is an incubator with the Govt. of India, working towards nurturing aspiring entrepreneurs to become successful entrepreneurs.