Top 35 Business Ideas Under 1 Crore. Starting a business is no easy task. It takes hard work, dedication, and a lot of sacrifices. But it’s also very rewarding. If you’re looking for business ideas that don’t require a huge investment, you’ve come to the right place. In this blog post, we will discuss some businesses that can be started with less than 1 crore. So if you’re ready to take the plunge, keep reading!
Are you looking for business ideas that don’t require a lot of start-up capital? If so, you’ll want to check out this list of business ideas that can be started for under 1 crore. These businesses are low-risk and have the potential to generate significant profits. So, what are you waiting for? Start planning your next business venture!!
Top 35 Business Ideas Under 1 Crore.
1. Aerospace Manufacturing
The aerospace manufacturing industry is expected to grow at a CAGR of 9.2% through 2020. The market for repair, maintenance, and overhaul (MRO) services is also expected to grow significantly over the next few years. This market currently has a volume of $37 billion and is expected to hit $45 billion by 2020, growing at a rate of 4.1%.
2. Allied Healthcare Industries
The medical equipment industry is expected to reach $98.3 billion in 2020 and the medical equipment rental market will grow from $34.9 billion in 2010 to $53.8 billion by 2016, growing at a CAGR of 9.9%. This market is expected to touch $75 billion by 2020 and grow at a CAGR of 9.5% through the end of the decade.
3. Animal Healthcare Industry
The pet care industry in India is currently worth Rs 2,500 crore (US$400 million) and is expected to reach Rs 5,000 crore (US$790 million) by 2020. The pet care industry is growing at a rate of 20% every year and is expected to be one of the fastest-growing industries in India over the next few years.
4. Automotive Parts and Accessories
The automotive parts and accessories market is expected to reach Rs 2,00,000 crore (US$31 billion) by 2020 from Rs 94,700 crore (US$15 billion) in 2015 growing at a CAGR of 11.5%. The market is driven mainly by increasing disposable income and changing lifestyle of consumers coupled with increasing vehicle ownership which has created a surge in demand for cars and other automobiles.
5. Baby Care Products
The baby care market in India is expected to reach Rs 8500 crore (US$1.3 billion) by 2020 from Rs 3600 crore (US$550 million) in 2015 growing at a CAGR of 13%. The demand for baby food, apparel, and toys has witnessed an increase over the last few years with rising in birth rate, disposable income, and awareness among consumers.
6. BPO Industry
The Indian BPO industry is expected to be $40 billion by 2020 from $26 billion in 2014 growing at a CAGR of 10%. The demand has witnessed an increase due to the large pool of English-speaking population, low operational costs, and increasing preference for outsourcing amongst corporates.
7. Building and Construction
The building and construction industry is expected to grow at a CAGR of 9% through 2020 and is expected to be worth Rs 10,00,000 crore (US$1.5 trillion). The market is driven by the growth in the real estate sector, increased investment in infrastructure, and a rise in the purchasing power of the middle class.
8. Car Rental and Leasing
The car rental and leasing market is expected to grow at a CAGR of 11% through 2020 and is expected to be worth Rs 1,50,000 crore (US$23 billion). This market is growing at a fast pace due to the growth in the tourism and hospitality industry, increase in the number of business travelers, and growth in the e-commerce sector.
9. Ceramic Tiles
The ceramic tiles market is expected to grow at a CAGR of 15% through 2020 and is expected to be worth Rs 40,000 crore (US$6.2 billion). This market is growing at a fast pace due to the growth in the real estate sector, increase in the number of nuclear families, and rising demand for affordable housing.
10. Chemicals
The chemicals market is expected to grow at a CAGR of 10% through 2020 and is expected to be worth Rs 7,50,000 crore (US$1.2 trillion). The market is growing at a fast pace due to the growth in the petrochemical sector, increase in the number of manufacturing units, and rising demand for plastics and other chemicals.
11. Commercial Vehicles
The commercial vehicles market is expected to grow at a CAGR of 11% through 2020 and is expected to be worth Rs 3,50,000 crore (US$54 billion). The market is growing at a fast pace due to the growth in the manufacturing and logistics sector, increase in the number of business travelers, and growth in the e-commerce sector.
12. Computer Hardware
The computer hardware market is expected to grow at a CAGR of 5% through 2020 and is expected to be worth Rs 260,000 crore (US$41 billion). The market is driven by the growth in demand for laptops and other computers due to an increase in the number of working professionals and students.
13. Construction Equipment
The construction equipment market is expected to grow at a CAGR of 7% through 2020 and is expected to be worth Rs 1,50,000 crore (US$23 billion). The market is driven by the growth in the real estate sector and an increase in investment in infrastructure.
14. Consumer Electronics
The consumer electronics market is expected to grow at a CAGR of 12% through 2020 and is expected to be worth Rs 4,00,000 crore (US$62 billion). The market is driven by the growth in demand for smartphones and other consumer electronics due to an increase in disposable income.
15. E-Commerce
The e-commerce market is expected to grow at a CAGR of 46% through 2020 and is expected to be worth Rs 1,200,000 crore (US$19 billion). This market is growing at a fast pace due to the increase in the number of online shoppers, the rise in internet penetration rate, and an increase in demand for the omnichannel experience.
16. Edible Oils
The edible oils market is expected to grow at a CAGR of 4% through 2020 and is expected to be worth Rs 9,00,000 crore (US$143 billion). This market is driven by a rise in demand for processed food products that use edible oils as an ingredient.
17. Electric Vehicles
The electric vehicles market is expected to grow at a CAGR of 33% through 2020 and is expected to be worth Rs 35,000 crore (US$534 million). The market is driven by the benefits offered by electric cars in addition to governmental initiatives.
18. Entertainment and Media
The entertainment and media market is expected to grow at a CAGR of 19% through 2020 and is expected to be worth Rs 3,50,000 crore (US$54 billion). This market is expected to grow at a fast pace due to the growth in internet penetration, increase in social media usage, and the rising demand for online content.
19. Fashion Retail
The fashion retail market is expected to grow at a CAGR of 17% through 2020 and is expected to be worth Rs 6,00,000 crore (US$92 billion). This market is driven by the growth in the organized retail sector, the growth in demand for branded clothes, and the rise in income levels of consumers.
20. Financial Services
The financial services market is expected to grow at a CAGR of 16% through 2020 and is expected to be worth Rs 3,00,000 crore (US$45 billion). The market is driven by the increasing penetration of smartphones and the growing population of millennials in India.
21. Food Services
The food services market is expected to grow at a CAGR of 13% through 2020 and is expected to be worth Rs 2,00,000 crore (US$30 billion). The market is expected to grow at a fast pace due to the rising disposable income and the growing working population.
22. Food Processing
The food processing market is expected to grow at a CAGR of 8% through 2020 and is expected to be worth Rs 3,50,000 crore (US$54 billion). The market is driven by the growth in demand for processed food products and the increasing preference for packaged food.
23. Healthcare
The healthcare market is expected to grow at a CAGR of 15% through 2020 and is expected to be worth Rs 10,00,000 crore (US$155 billion). The market is driven by the growth in the aging population and an increase in chronic diseases.
24. Hospitals and Diagnostic Centers
The hospitals and diagnostic centers market is expected to grow at a CAGR of 13% through 2020 and is expected to be worth Rs 1,60,000 crore (US$25 billion). This market is driven by the growth in the healthcare sector, the growth in the number of hospitals and diagnostic centers, and the increasing preference for integrated healthcare.
25. Housing
The housing market is expected to grow at a CAGR of 15% through 2020 and is expected to be worth Rs 20,00,000 crore (US$310 billion). The market is driven by the growth in the Indian economy, the increasing preference for affordable housing, and an increase in average income levels.
26. Information Technology Services
The information technology services market is expected to grow at a CAGR of 15% through 2020 and is expected to be worth Rs 1,80,000 crore (US$28 billion). The market is driven by the growth in the number of internet users, the growth in data traffic, and the increasing demand for cloud-based services.
27. Insurance
The insurance market is expected to grow at a CAGR of 16% through 2020 and is expected to be worth Rs 5,00,000 crore (US$77 billion). The market is driven by the increasing penetration of smartphones and the growth in the population of millennials in India.
28. Manufacturing
The manufacturing market is expected to grow at a CAGR of 10% through 2020 and is expected to be worth Rs 25,00,000 crore (US$385 billion). The market is driven by the growth in the domestic demand, the growth in the number of industrial corridors, and the increasing preference for Make in India products.
29. Media and Entertainment
The media and entertainment market is expected to grow at a CAGR of 20% through 2020 and is expected to be worth Rs 1,50,000 crore (US$23 billion). The market is driven by the growth in the media industry, the growth in the number of online content users, and the increasing penetration of smartphones.
30. Metals
The metals market is expected to grow at a CAGR of 9% through 2020 and is expected to be worth Rs 1,00,000 crore (US$15 billion). The market is driven by the increased demand for metals in the construction and automotive industries.
31. Mining
The mining market is expected to grow at a CAGR of 5% through 2020 and is expected to be worth Rs 1,50,000 crore (US$23 billion). The market is driven by the growth in the demand for minerals and metals in the manufacturing and construction sectors.
32. Oil and Gas
The oil and gas market is expected to grow at a CAGR of 9% through 2020 and is expected to be worth Rs 2,00,000 crore (US$30 billion). The market is driven by the increase in demand for petroleum products such as petrol, diesel, and cooking gas.
33. Pharmaceuticals
The pharmaceuticals market is expected to grow at a CAGR of 17% through 2020 and is expected to be worth Rs 2,50,000 crore (US$39 billion). The market is driven by the growth in the number of chronic diseases, the growth in the elderly population, and the increasing preference for generic drugs.
34. Power and Energy
The power and energy market is expected to grow at a CAGR of 10% through 2020 and is expected to be worth Rs 1,25,000 crore (US$19 billion). The market is driven by the increased use of renewable sources of energy such as wind, solar, and biomass fuels.
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35. Real Estate
The real estate market is expected to grow at a CAGR of 9% through 2020 and is expected to be worth Rs 15,00,000 crore (US$230 billion). The market is driven by the growth in the number of mid-income housing units, the increasing preference for private housing units, and better employment opportunities.
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Final Words:
The Pakistan economy is expected to grow at a CAGR of 7.5% through 2021 and is expected to be worth Rs 160,00,000 crore (US$2.5 trillion). The market is driven by the growth in the number of middle-class households, the growth in the Indian automotive industry, and the increasing preference for smart-phone enabled services.
Top 35 Business Ideas Under 1 Crore
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