Top 10 Business Ideas From 5 Lakhs To 10 Lakhs

Looking to start a business but don’t have a huge budget? Don’t worry! With a budget ranging from 5 to 10 lakhs, there are many business ideas that you can explore. In this article, we’ll take a look at the Top 10 best business ideas in India under 10 lakhs that you can start within this budget range, covering a range of industries and potential opportunities for entrepreneurs. With careful planning and implementation, you can start a successful venture without breaking the bank. Whether you’re a first-time business owner or an experienced professional, these business ideas can help you achieve your financial goals.

List of Best Business Ideas For Entrepreneurs With Investment Below 10 Lakhs

The freedom of being your own boss is a great motivator for people to start their own businesses. The freedom that comes with entrepreneurship provides a unique level of flexibility, allowing for the creation of custom schedules and the ability to make important decisions without outside interference. These are some of the typical reasons why people are attracted to the idea of starting a business. However, starting a new business involves a lot of hard work and planning. Despite the effort and risks involved in being an entrepreneur, the potential rewards can be worth it. With a clear vision, strategy, and perseverance, anyone can make their entrepreneurial dreams a reality. If you are a first-time entrepreneur and hesitant to invest a lot of money in your business, don’t worry! There are plenty of business ideas that can be started with a smaller investment. 

I Have 10 Lakhs To Invest In Business. What Can I Start?

Many people aspire to become entrepreneurs. They possess the required capital but are unsure of what business to start. If you’re asking yourself, “What can I start with 10 lakhs to invest in a business?” you’re not alone. We have curated a list of the top 10 business ideas that can be started with an investment of between Rs. 5 lakh and Rs. 10 lakh. 

List of Top 10 Business Ideas From 5 Lakhs to 10 Lakhs

Trendsetting start-ups and small businesses are currently in high demand because they have a track record of generating higher returns and profits with investment capital ranging from 5 to 10 lakhs INR. Our list of the top 10 business ideas for entrepreneurs consists of such businesses. However, please bear in mind that the amount of capital needed for these business ideas may vary depending on the location of the business. Hence, these business ideas could go a bit above 10 lakh, especially if you are located in large cities with a higher cost of living.

Here are the Top 10 Best Business Ideas In India With Investment Between 5 To 10 Lakhs.

1. Office Cleaning Business

If you are someone who likes to keep their house and surroundings clean, then an office cleaning business is a great choice. The Covid-19 pandemic has wreaked havoc on people’s lives, but it has also brought attention to the importance of hygiene and cleanliness. Companies small, medium, or large need help cleaning their property. So office cleaning businesses are in huge demand in both big and tier-2 cities. What’s more, it is a perfect choice for those who want to keep their investment low and still get enough profits. 

Capital Allocations

An office cleaning business is one of the top 10 best business ideas in India, with an investment between 5 to 10 lakhs that depend on your business plan and the kind of services you provide. Setting up a commercial cleaning business may cost you more than the base price of Rs 5 lakh if you provide lucrative services like window washing, floor waxing, etc. Another consideration to make is whether you want to rent or buy the equipment. Renting it can result in recurring costs as opposed to the fixed cost of purchasing equipment. However, buying cleaning equipment may increase startup investment. 

Equipment Required

The most common equipment typically needed for office cleaning are brooms, mops, buckets, vacuum cleaners, disinfectant equipment, etc. The kind of services you offer dictates the types of equipment you should have. Also, when buying cleaning products, ensure that you use safe, chemical-free and environmentally-friendly products, as they are what people expect in their cleaning solutions. 


This business needs a lot of manpower, as you may have to work in large offices. You will also need to hire a supervisor to oversee the cleaning process. The quality of work depends on the skill of your employees, and hence they should be properly trained on the usage of equipment and cleaning solutions. 

Choosing A Location

A cleaning business can be created with an online business structure. However, you should have some space allocated for storing equipment and cleaning solutions. Also, you must be clear about the locations where you provide your services. If your business is located in a big city, it makes more sense to give clients a physical address of your business, as this increases trustworthiness. 

Registration And Licences

Before you start an office cleaning business, there are many licences and registration processes that need to be followed to ensure everything is legal. Some of the registrations and licences needed are:

  • Trademark registration
  • GST registration
  • Company formation through Private Limited Company Registration
  • ISO registration 

A cleaning service is a great idea with huge potential. You can earn good profits if you can provide good quality service and establish a name for yourself. 

2. Manual Car Wash Company

Vehicles have become a necessity in India, and you’ll hardly find a household that doesn’t have a four- or two-wheeler parked outside. Furthermore, the number of new vehicles launched in India is increasing. All this has resulted in the manual car wash business becoming lucrative in the past couple of years. 

Capital Allocations

A manual car wash business is one of the best 5 to 10 lakh investment business ideas. The investment includes the purchase of equipment, chemicals, obtaining licences, and also other expenses like renting the location, marketing, hiring manpower, etc. There will also be ongoing expenses like labour charges, rent, water and electricity bills, the purchase of cleaning detergents, etc. 

Equipment And Machines Required

Some of the machines and equipment required are a vacuum cleaner, polisher, hydraulic car wash lifter, blower, steam cleaner and such. There are several cleaning detergents required, depending on whether the interior or exterior of the car is being cleaned. 

Permits And Licences Needed

There are several permits and licences required from local authorities to set up a car wash business. It includes 

  • Trade licence from the municipal authority
  • Business registration
  • Plan approval from Pollution Control Board
  • Land licence
  • Water licence
  • GST and other business tax liabilities

Choosing A Location

Choosing the perfect location is important for starting a manual car wash business. The ideal location is near petrol bunks, shopping areas, cinemas, high-traffic areas, or residential areas. Ensure that the shop is visible. Also, check the competition for your business in this location and try to provide services that are not being provided by them. 


To make this venture successful, you should have a decent staff that is diligent and competent. Apart from the cleaning crew, you will also need to recruit supervisors. Hire people who have the expertise, knowledge, and know-how to manage clients. You can also hire freshers and train them. Initially, you may need at least 2 or 3 people and expand as the business improves. 

A manual car wash business can become profitable depending on the business model, services offered, and location. Also, the margins vary depending on whether you rent it and also work at the station. 

3. Mobile Phone Repair Shop

Mobile phones and smartphones have reached almost every Indian city and town and even the most remote rural areas. No wonder India is one of the countries with the highest number of people with smartphones. Despite the launch of a huge number of smartphones on a daily basis, people still prefer to repair a broken mobile rather than buy a new one. That makes a mobile repair shop a favourable business where the focus is on fixing the hardware and software issues of a damaged or broken mobile. 

Capital Allocations

If you want to start a venture with an investment below 10 lakhs business in India, then a mobile repair shop is a great idea. Depending on the service you provide, the majority of the investment will be in repair equipment and tools, as well as stocking a few spare parts. But if you choose to open a shop rather than work from your home, then you will need Rs 5 lakhs to 10 lakhs depending on the neighbourhood. It includes equipment, furniture, spare parts, staff salaries, electricity bills, marketing, etc. If you want to open a store in a mall or a business centre, the money spent may be more, as the premises will be taken on rent.

Raw Materials And Equipment Required

When you have a mobile phone repair shop, it is essential to have basic replacement parts handy. When spares are readily available, you can provide speedy service. Some of the tools required are precision screwdrivers, a soldering station, a PCB stand, a mobile phone opener, a battery tester, tweezers, and more. 

Registrations And Licences Required

To run a mobile shop in India, you should have the necessary licences and permits. It includes:

  • Company registration
  • Trademark if you want to brand your business
  • GST registration
  • A bank account

Choosing A Location

The location is an important aspect of the success of your mobile repair shop. It has to be someplace where it attracts customers easily. It should be in a place where it is easy to get to and accessible. While malls and business centres are great locations, it means an increase in the initial investment. You can also open it in a residential area and offer good service. Word of mouth that is positive helps in business growth. 


While you may be tempted to be a one-man army, especially if you possess the necessary skill set, setting up a proper facility needs a few technicians. Ensure that you hire a skilled person who has prior experience in this domain. Start with one or two employees, and then, as your business gets established, add more staff. 

Other Business Requirements

It is always good to have earned a diploma course or a mobile repair certificate from a reputed company as proof of your skills. This gives customers peace of mind that their phone is in good hands. 

The profit you earn depends on how competent you are and how well you attract a customer base. There are various ways to promote your business, but quality service is imperative for profits and business success. 

4. Professional Photography Business

Despite the selfies that we take on our smartphones, getting clicked by a photographer is still an exciting thought. There is no denying that professional photographers are in great demand as everyone wants beautiful, blemish-free photos of their special occasions. So if you are a photographer by hobby, you can set up a professional photography business. With so many events and occasions in India, you’re bound to get a lot of work. 

Capital Allocations

The investment needed for a professional photography business can be anywhere from Rs 50,000 to Rs 10 lakhs. It is one of the top business ideas with a budget of 5-10 lakhs as you can cater to a variety of events. The major cost involved is purchasing the equipment you use to click, develop, and create photos. 

Equipment And Machines Required

Irrespective of whether you cater to niche events like auto shows, company parties, concerts, etc. Some of the equipment required for your shop are listed below.

  • A high-quality camera
  • Flashlights
  • Lenses
  • External drives and memory cards
  • Laptop
  • Photoshop subscription
  • Lightroom
  • Editing Software

Licence Requirements 

The following are some of the licence requirements for a photography business:

  • Trademark registration
  • GST registration
  • Certificate in Photography

Target Customers

Target consumers for your business can be corporate companies, restaurants, the fashion industry, the sports industry, entertainment events, advertising companies, etc. 


The number of people that are needed to run this business is about 3 to 5 people, depending on how huge the event is. If you don’t want to hire permanent staff, you can always hire freelancers as per the project requirements. 

The disposable income of people is on the rise, and that means consumer spending on weddings and other events will be higher. The value proposition of this business is less investment and higher profit margins, provided you can give high-quality clicks. 

5. Ice Cream Manufacturing Business

Ice creams, which were once consumed at get-togethers and gatherings, have now become a daily consumable. Be it any season, people love to eat ice cream, so there is a huge demand for it all throughout the year. It is not just the famous brands but even startups that are performing well. So you see an ever-increasing number of ice cream manufacturing businesses, and this is one of the best under 10 lakhs business ideas to make money in India.

Capital Allocations

You can start an ice cream manufacturing business with a nominal investment. Equipment and marketing would consume the majority of your budget. To start a medium-scale ice cream manufacturing business, you may need about 5 to 10 lakhs to make multiple flavours of ice cream. The major recurring costs include rent, electricity bills, and labour salaries.  

Raw Materials And Equipment Required

The final product depends on the raw material used, so care should be taken when selecting it. It’s best to opt for good quality products. Some of the materials required are:

  • Cream
  • Milk and milk powder
  • Sugar
  • Eggs
  • Fat
  • Fruit purees
  • Ice cream flavours
  • Approved additives, colours and preservatives

The equipment needed to manufacture ice creams are:

  • Saucepans
  • Mixing bowls
  • Whiskers
  • Ice cream maker
  • Freezer
  • Refrigerator
  • Packaging materials

Licences Required

  • Trademark registration
  • Trade License
  • FSSAI licence
  • GST registration
  • Company registration
  • Registration of sales tax


The staff that you employ in your ice manufacturing plant should be experienced and skilled in making it. The same thing goes with packing, as the ice cream tends to melt easily. So the manpower required will be around 2 to 4 people for a small-scale business and about 5 to 7 for a medium-level ice-cream business. Also, the staff must be trained in food-safety measures. 

Target Customers

Ice cream stores, shopping malls, local shops, supermarkets, and dairies are some of the target customers for your ice cream manufacturing business. 

The food production sector is booming, and consequently, ventures like these are among the best 10 business ideas for investing 5 -10 lakhs. When you have put money into a business, it is natural to have expectations of earning good profits. Remember that the profit margins vary depending on the flavours and the packaging sizes. Both small and medium ice cream businesses can earn good margins when they have a good reputation in the market. So, make sure good, tasty, and, above all, high-quality ice creams are produced at your manufacturing unit.

6. Aromatherapy Business

Aromatherapy is a holistic treatment that aims to heal the body as well as the mind. The aromatherapy business has great potential as a business and has started to flourish in India over the past few years. Globally, this business has a turnover of USD $20 billion, and with the demand that is being seen, one can expect it to grow further in the coming years. 

Capital Allocations

There are many types of aromatherapy products that you can manufacture or sell. This is one of the top 10 best businesses to start with 5 lakhs to 10 lakhs Indian rupees. There will be other recurring costs like rent, water and electricity bills, labour charges, and other such expenses.  

Licences Required

  • Trademark registration
  • Company registration
  • Drug licence
  • Cosmetics licence
  • Trade licence
  • Approval from the pollution board

Raw Materials And Equipment Needed

The raw materials needed for making aromatherapy products include

  • Plant materials
  • Essential and carrier oils
  • Bottles and other packaging materials
  • Propane source
  • Fragrance
  • Fillers

Equipment needed for making the products includes:

  • Pulveriser
  • Distiller
  • Natural extracts
  • Chemical-free manufacturing plant
  • Perfumer


Since this is a niche market, there is a need for skilled labourers. To set up a small-scale business, there is a need for at least 2 to 3 workers. It increases to 4 to 7 if it is a medium-scale business dealing with many products. 

Target Customers

The target customers are local shops, spas, retailers, supermarkets, distributors, and online retail stores. 

The profit margins for this business depend on the quality you provide and the orders you receive. It is one of the best profitable business ideas within 5–10 lakhs, as you can earn a decent profit in the initial period, and then when the business is in full swing, you can hope to earn handsomely. 

7. Disposable Gloves Manufacturing Unit

The disposable glove business has experienced a surge in demand due to the COVID-19 pandemic. Disposable gloves are worn as a safeguard against disease-causing germs and as a means to keep the infection from spreading. Once used, these cannot be reused and have to be dumped. Since the start of the pandemic, there has been a need for such items to prevent infections. The increased need for disposable gloves is not just in India but across the world. So it makes for a great case to take up the disposable gloves business. The disposable gloves industry manufactures a wide range of gloves, including latex, nitrile, and vinyl, used in various settings such as healthcare, food service, and janitorial work.

Capital Allocations

The investment needed for it varies depending on the size, but it is one of the top 10 business ideas within 10 lakhs. A capital of Rs 5 lakh is enough to set up the business. The area needed to set this up is about 500 to 600 sq ft. There will be recurring costs for rent, water and power bills, labour wages, packing and distributing, etc. 

Raw Materials And Equipment Required

There are many raw materials required for making disposable gloves. It includes

  • Calcium carbonate
  • Polyethene, vinyl, latex and nitrile.
  • Water
  • Packaging material
  • Chlorination liquid 

The equipment needed is

  • Cooler
  • Coagular machine
  • Glove making machine
  • Material feeder

Licences Required

  • GST registration
  • Trademark registration
  • NOC by Pollution Control Board
  • Certification for the passing of sterility test
  • Standard compliance
  • Certificate of conformance and irradiation
  • Acceptable quality limit of 2.5%


The disposable glove business needs a minimum of two skilled workers and about four unskilled workers. 

Target Customers

  • Healthcare workers at hospitals, clinics, and testing labs 
  • Staff employed at restaurants and hotels
  • Hairdressers
  • Mechanics
  • Beauticians, etc. 

Since there is a great demand for disposable gloves, you can expect a good profit margin. Also, the investment for this business is minimal, and there is a wider market for this product. 

8. Candle-Making Business

A candle is not only used for illumination but also for fragrance. It is used as a part of the home’s decor and is often given as gifts for memorable occasions like Valentine’s Day. So there is a huge potential for candles in the market. There are so many applications for it in decor, beauty, etc., that even high-end companies are getting into making them. So it is one of the great businesses to start. 

Capital Allocations

With 5 to 10 lakhs, you can start a business. Then there are the recurring costs of rent, electricity bills, and salary, like in other businesses. 

Raw Materials And Equipment Needed

  • Paraffin, beeswax, gel and ay
  • Jars, tins, etc
  • Essential oils
  • Colouring agents
  • Labels
  • Wicks
  • Packaging supplies

Equipment needed is:

  • Mixer/grinder
  • Wax heater
  • Candle thread cutter
  • Moulding machine
  • Candle making machine

Licences Needed

  • Trade licence
  • GST registration
  • MSME registration
  • NOC by Pollution Control Board


At least two skilled labourers are needed to run a candle business. These workers should be provided with training to safely handle the machines and equipment. 

Target Customers

Home decor shops, antique stores, beauty stores, religious places, and aromatherapy centres are some of the target customers. 

The candle-making business is one of the best business ideas for a 5-10 lakhs investment that has great growth prospects, especially as the demand is rising in many countries in Asia and the Pacific. So you can expect good profit margins when the business is run effectively. 

9. Clothing Brand Line

The clothing business is a profitable one in India, as everyone loves to buy clothes for various festivals and occasions. Depending on the garments you want to make, you can start your clothing brand line by choosing your target customers. It can be challenging and time-consuming, but it’s also profitable. 

Capital Allocations

It is one of the top small business ideas under 10 lakh rupees. The investment needed for this business depends on the type of clothing brand and the target audience. If you want to start a clothing line brand for special occasions, the initial investment is higher because the cost of production is higher and the fabric used is more expensive. The amount required may increase if you plan to manufacture the materials for this niche market. On the other hand, if you are into making everyday garments, then the investment amount will be different. 

Raw Materials And Equipment Needed

The raw materials required for a clothing business include:

  • Threads
  • Needles, hooks and buttons
  • Fabric
  • Colours or dyes

The main equipment required are knitting machines, sewing machines, cutting and ironing machines, etc. 

Licences And Registrations

To establish a clothing line business, the licences needed are

  • Trademark registration
  • MSME registration
  • GST registration 


Depending on the scale of your business, you may need two skilled workers and one unskilled worker. As the business grows, you can add more skilled workers. 

Target Consumers

Small businesses, online retail stores, exhibitions, fashion bloggers, and social media influencers are some of the target consumers. 

The fashion market is growing in India and is worth over $70 billion. In this, only 25% of it is retail, so you can cater to a large segment, giving you enough scope to market your clothing line. It is among the good entrepreneurial ideas with 5-10 lakhs investment where you can expect a good profit margin from this small-scale business. 

10. Lending Library For Books And Toys

While public libraries are money savers for those who love to read books, where do you go if you have a sophisticated reading interest or prefer to read in the comfort of your own home? This is where lending a library for books comes in handy. Aside from books, you can also lend toys, where parents and grandparents can borrow puzzles, games, or toys in the same way that they would in a regular book library. Here’s how to start a lending library of books and toys. 

Capital Allocations

It is one of the low-investment business ideas from 5 to 10 lakhs. Even if you are a bibliophile and have a huge collection of books to lend, the library business needs ongoing funding. If you start a franchise library, the initial investment is around Rs. 5 lakh. As for ongoing costs, there will be expenses related to the renting of storage space for the items, the purchase of new books, electricity bills and employee salaries. 

Equipment Required

Such libraries need to have computerised mechanisms to track the books as well as receive order requests. Furthermore, books of various categories are required to run the library, which is the most important raw material. 


You can run the show yourself or hire an assistant to help you with arranging and finding books for customers. 

Target Customers

For a toy library, the target customer is kids, parents, grandparents and caregivers. For a book library, it can be people in your neighbourhood, kids, teens and elders who love reading books and magazines. 


You can operate this either from your home, rent a place in your neighbourhood, or share a space with another business. It is best to choose a residential area with young families and elders, as they are more likely to choose such a library. Plus, courier charges can be kept at a minimum if the clients live nearby.

If you want to start your own business but don’t have enough money to invest, the above Start with this investment and expand it once you get enough profits. But do thorough research, plan and execute well to get promising returns. 

To summarise, launching a business with a capital of 5-10 lakhs is an excellent way to become an entrepreneur and achieve financial independence. With the right idea and execution, a business in this range can be profitable and sustainable. It’s essential to conduct thorough research, create a solid business plan, and continuously adapt to changing market trends. The ten business ideas we discussed here are some of the best promising business ideas for a 5 to 10 lakhs investment. Alternatively, if you’re looking for top businesses under 5 lakhs, you can check out our content on that too!

With hard work, dedication, and a bit of luck, anyone can turn their business idea into a successful venture, even with a limited budget.

Let us know in the comments which of these ideas piqued your entrepreneurial interest the most!

Frequently Asked Questions About Business Ideas from 5 Lakhs to 10 Lakhs

1. Which business is best for beginners?

The best business for beginners depends on their interests, skills, and resources. The top 10 businesses listed on this page, such as candle-making businesses, mobile repair shops, disposable glove manufacturing units, ice cream factories, etc., are great options for those starting with a limited budget. Check out these and other lists of businesses with an investment of 10 lakhs on this page for more inspiration and guidance.

2. What is the best business I can start with 10 lakhs in India?

With a capital of Rs 10 lakh, you can start various businesses such as a professional photography business, an office cleaning company, a manual car wash business, etc. However, it’s essential to research and develop a solid business plan to succeed. Check out the article on this page to see the specifics of each of these businesses and others startup ideas under (or within) the 10 lakh budget.

3. How to earn money with a 10 lakh investment? 

To earn money with a 10 lakh investment, planning and research are crucial. It’s essential to identify a viable business idea and create a solid business plan. Conducting market research, identifying target customers, and assessing competitors are also crucial steps. Additionally, it’s important to carefully manage finances, maintain a strong online presence, and continuously adapt to changing market trends. With dedication and hard work, well-planned businesses under 10 lakhs in India can generate a significant return on investment.

4. Which product is easy to manufacture with a maximum of 10 lakh budget?

There are many products that can be manufactured with a budget of Rs 10 lakh, depending on the industry and market demand. Generally speaking, it is best to start with a product that is simple to manufacture, has low raw material costs, and has a high demand in the market. Additionally, it’s important to assess the competition and identify ways to differentiate your product. Some examples of products that could be manufactured within a 10 lakh budget include handmade soaps, candles, small household appliances, clothing accessories, and packaging materials. 

5. Which are the best businesses in India to start with low investment?

India has a thriving business ecosystem, and there are numerous low-investment options for aspiring entrepreneurs. There are several low-investment businesses in India that can be started with careful planning and research. Aromatherapy businesses, clothing brand lines, candlemaking businesses, and mobile phone repair shops are just a few examples. It’s important to keep location in mind as a potential cost factor, as starting a business in a tier-1 city may be more expensive than in a tier-2 or tier-3 city. With dedication and hard work, a low-investment business can become profitable over time.

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