These are the best business under 5 lakhs in India in 2023

Business in today’s world is such a thing that if it is implemented properly then you can earn a lot of money. The most important thing in business is your business idea and your capital investment. Although many people come up with different business ideas, they usually have low-capital businesses, which is why this is the primary reason for starting or developing a successful business.

Apart from this, if you want to start a business in India with a capital investment of Rs 500,000, then read this article completely. Today I will tell you about some such profitable businesses which you can start now with an investment of ₹ 500000.

1 Import Accessories from China and Sell Online

Chinese products are really very cheap, so you can start your online business by bringing products from China with an offline shop of your own buying and selling. You can import accessories such as mobile, car, electronic, and electric, not only this, but you can also import jewelry and make a good income by selling them online and offline.

You can start by taking a shop on rent to sell offline and you can also sell the product on Amazon, Flipkart, and Snapdeal in an e-commerce online platform to sell online. You can start this business even up to ₹ 500000. If you get products from China at a very low rate and you send them to India at a cheap rate, then you get more and more customers.

2 Pest Control Business

We all know that there is a lot of pest problem in every house like cockroaches, bed bugs, and other ants, insects, etc. So these pests occupy many living spaces in the house and spoil our house, garden, fruits, and vegetables. Because of this, many people see the company of pest control services to control pests.

It takes less investment to start this business. In this, the primary resources are chemical sprays, to eradicate pests like this. You can earn well from this business. And can take this business to a bigger level. Potential customers of this business are restaurants, bars, and housing societies.

3 Printing Business

Every business needs traditional media printing to do its marketing. And there is a lot of demand for this business in the market. Every business needs printing cards, banners, newspapers, leaflets, all these things for marketing.

With printing, you also get work like flex printing and xerox, and in this way, you can increase this business even more. This business gives you a very good return on investment. For example, every business has to print a business card and the charges for printing this business card are very high and in high quantity. From which you can earn a lot of profit.

4 Clothing Store

Clothing is the basic need of every people in their life due to which this business is in great demand. Clothing material and readymade cloth this every one sees its shop customer. Because of this, you can earn well by doing the business of a clothing store, you can start this business in India with an investment of 500000. You can open business clothing stores like male, female, kids, general cloth, etc.

5 Wedding equipment rental

This business gives you a chance to earn a lot of money, especially during the wedding season. For this, you should have wedding equipment which you can give on rent to different parties. In wedding equipment, you can find chairs, tables, decorative lamps and lights, cloth for decoration, bamboo, wire, etc.

You can buy this material at a cheap rate and sell it to the customer at a higher price or give it for rent. This business is a one-time investment business that you can keep reusing. Because of this, this business gives a very good income. And you can start it with a budget investment of up to ₹500000.

6 Disposable Cups and Plates Manufacturing

Disposal cups and plates are used in almost all functions whether it is weddings or birthday parties, or corporate events there is a requirement for disposable cups and plates everywhere. That’s why this business is a good business to do up to ₹ 500000 investment.

For this, you will have to purchase raw materials and setup machinery as well as manpower will be required, with this you will be able to generate a good income. Or the business depends on the customer and what is the quality of your product, on which paper and plastic cups are in high demand these days. You can start this business even with a machine.

6 Import Export

Import-export is definitely a profitable business. You can start with exporting food materials. For this, you have to fulfill the legal obligation. Some custom charges you for this. You can start this business with some initial capital investment. By giving the service quality of import-export, you can increase this business on a big level.

7 Food & Restaurant

Food restaurant is a good profitable business. There is a lot of demand for this business in India. You can start this business even from a small place and make a decorative restaurant. You have to make an attractive restaurant where more customers can come. Once you start a business with an initial investment, then after the customers start coming, you can increase this business and earn well. You can make a good restaurant up to 500000 rupees.

8 Food Trucks

The food truck is a new concept in the restaurant business. And in this business, you get a good income. You will have to purchase a vehicle and you can sell whatever food you want to sell on it. Food like Biryani, South Indian Dish, North Indian Dish, Chinese, etc. It is very easy to start this business and you can earn well from this business. Your good business starts up to ₹ 500000.

9 Departmental Store

A departmental store is such a place where you can send multiple things. For example, you can put newspaper, branded food, daily use stuff, groceries, etc. Because of this, these stores are becoming popular day by day. You get a good income from this. To start this business, you need an investment of up to ₹ 500000. With which you can start a good business.

10 Wedding Planning & Wedding Photography

This business idea is very profitable. This business is related to weddings which you can start with minimum investment. You have to purchase the equipment required for the wedding. You can give this wedding equipment on rent. Or you can take a contract for wedding planning. You can also do wedding photography along with wedding planning, there is a lot of income in wedding photography.

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