10 Low Cost Business Ideas

Not everyone who wishes to launch a business has lakhs of rupees to invest. You can still become your own boss, though. You're in luck if you've been hoping to start a modest, successful, and doable business. In India, you may start a lot of low-cost business ventures with little capital and still make a healthy profit. You don't necessarily need a lot of money to start your own business. You can start a successful business from the beginning with the correct idea, a small initial investment, and perseverance. Here are 10 affordable business ideas you could begin in India if you've always wanted to start your own business but have a tight budget.

Low Cost Business Ideas

Low Investment business ideas are the sweet spot for investors, first time business buyers and safe players. Here are some of the business ideas that are low cost and risk free business ideas that promises a quick break even and high RoI.

1.Preschool & Daycare

The reason it works is that the need for secure, caring childcare and preschool facilities is growing in urban and semi-urban areas due to the increase in nuclear families and working parents.

How to Start:

• Pick a place that is kid-safe, ideally one that is open and on the first floor.
• Employ caretakers or qualified personnel.
• Purchase simple toys, educational resources, and necessities for hygiene.
• If necessary, register your company with the daycare boards and the local municipality.

Total Investment: ₹1.5–3 lakhs

2.Flourist Shop 

A florist Shop another low cost business opportunity which can be opened in an area of 200-300 sq.ft. India has a huge market as far as traditional flower industry is concerned. With changing taste and lifestyle trends cut flowers industry has also picked up fairly well in the country. The fact that we don’t see a flower shop at every turn of the road indicated towards the immense potential that this segment has. Wedding seasons, round the year festivals and American events such as Valentine’s Day, Friendship Day are some of the reasons that makes this business a viable option.

Total Investment: ₹50,000–₹1.2 lakh

3. Nail Art

Nail Art kiosks have become very popular these days. With rising awareness about grooming and well-being among the youth, this segment has immense business potential. One of the most popular trends in the rapidly expanding beauty business, particularly among urban women, is nail art. You can even set up a tiny nail salon at home.

How to Start: 

• Enroll in a quick course on manicure and nail art services.
• Convert a room at home or rent a tiny apartment.
• Promote through local women's organizations or Instagram.

Total Investment: ₹70,000–₹1 lakh

4.Shoe Mending and Laundry services

An incredibly fresh concept in the service industry, Shoe mending and laundry services are much in demand. People desire clean garments and prompt, reasonably priced repair services! Particularly in urban and college regions, a shoe repair and laundry service can serve both needs in one location.

How to Start: 

• Hire a skilled laundry or cobbler.
• Rent a modest store close to a hostel or residential area.
• For convenience, provide delivery and pickup.

Total Investment: ₹1.5–2.5 lakhs

5.Food Kiosks  

A food kiosk is the most potent business opportunity in a young food-loving nation like India. After the country has enjoyed the international brands like KFC, Pizza Hut, and Domino's, it is time for the Indian street food to get its share in the sun. Of late, brands like Goli, Bittu Tikkiwala, Joost, The Original Shawarma are proving to be crowd pullers through the kiosk formats.  Everyone enjoys street cuisine and quick snacks. Food kiosks that are situated in busy places like markets, IT parks, or campuses can be quite profitable.

How to Start:

• Select your meal (South Indian, sandwiches, momos, chaat, etc.).
• Get a cart or stall.
• Obtain the required licenses for food safety.

Total Investment: ₹60,000–₹1 lakh

6.Dropshipping Business

You sell goods online, but suppliers take care of delivery and inventory. Just a strong online presence and specialized products would do; no stock is required.

What You Need:

• Shopify/WooCommerce store
• Niche product selection
• Marketing budget (Instagram/Facebook ads)

Total Investment: ₹7,000 – ₹12,000

7.Pet Care

The rising trend of pet humanisation, backed by the higher disposable incomes of Indian consumers, will further boost growth in pet care. The working couples need some safe and hygienic place for their pets when they go out for work. As more people own pets, there is a greater need for services like pet sitting, walking, and grooming. If you have the space, you can even work from home.

How to Start: 

• Hire a licensed groomer or receive instruction in basic pet care.
• Work from home or provide home services.
• Promote on social media.

Total Investment: ₹50,000–₹80,000

8.Organic Store

The rising demand for organic food makes organic food store a viable business to invest in. Consumers are turning toward chemical-free, healthful food. Starting a small organic business that sells veggies, oils, pulses, and spices can draw in a specialized but loyal customer base.

How to Start:

• Purchase goods from certified suppliers or organic farms.
• Make use of environmentally friendly packaging.
• Place yourself close to yoga studios or wellness facilities, or in residential neighborhoods.

Total Investment: ₹1–1.5 lakh

9.Car Detailing

With the rise in the demand for cars, upwardly moving lifestyle and time crunch, car washing and detailing segment is getting into demand. Detailing involves comprehensive cleaning, polishing, and protection, in contrast to regular automobile washing. It's becoming more popular among city people and car enthusiasts.

How to Start:

• Enroll in a detailing course.
• Invest in appliances such as steamers, polishers, and vacuums.
• Provide home delivery services or collaborate with parking lots.

Total Investment: ₹1–1.5 lakh

10.Freelance Graphic Design

The need for graphic designers has increased dramatically due to the rise in digital marketing, content production, and branding. There is little setup required for freelancers to work from home.

What You Need:

• Laptop or PC
• Graphic design software (Canva, Adobe Suite)
• Portfolio or sample work

Total Investment: ₹5,000 – ₹30,000

Related: Top 10 small business ideas

In India, you don't need to start a profitable business with millions of rupees. These affordable business concepts can help you make money, become financially independent, or eventually create an empire with a little preparation and work. This list has something for everyone, whether you're a homemaker, student, or trying to change careers.