Start These Small Manufacturing Businesses in 2021
- BY Jaspreet Kaur
Feature Writer, BusinessEx
- Feb 12,2021
- 13 Mins Read
In the changing times, customers are inclined to buy products of small emerging brands. An unceasing shift is determined amongst consumers’ group, from buying famously branded products to procuring low-priced good quality products. The changing behaviour of customers is arising opportunities for small entrepreneurs.
The present health crisis has jostled the business landscape, diminishing companies’ pace and simultaneously, inducing them to act and think differently. Owing to which, an array of new opportunities have surfaced. In addition to this, the Indian government had begun a ‘vocal for local’ campaign. The Prime Minister had urged the country’s population to procure localised products rather than internationally branded products. This has also stimulated small and medium-sized enterprises (SMEs) in adversity.
Similar to other sectors, Indian manufacturing industry also received a boost from the private as well as government sector. The crisis enabled entrepreneurs to manufacture essential items to cater to the needs of the people. From manufacturing usable face masks to hand sanitizers, there are a wide variety of small manufacturing business ideas that you can start. It is the apt time to step into the country’s manufacturing sector, here are a list of manufacturing businesses that you can kick start:
The ongoing crisis has surged the demand for face masks. Face masks are basically used to reduce transmission of infection from one individual to another. There are an enormous range of face masks that are available in the market-- surgical masks, disposable masks, and reusable face masks, and bespoke face masks, to name a few.
If you know how to sew, then use your skill and prepare fabric face masks. You can establish this business from minimal investment. To create surgical and other types of face masks, you have to possess knowledge and practice for it. In the present time, this business is prospering and getting thrust in the market. By opting for it, you can amass a considerable amount of profit, contemplating the preventive steps taken by customers.
With the passing time, consumption of electricity has increased exponentially. Now, a large chunk of gadgets and machines are used to ease the work. While using these machines, it is important to ensure that they do not get affected by fluctuation. To avert it, voltage stabilizers are immensely needed.
Voltage stabilizers are primarily employed for heavy machinery such as air conditioners, refrigerators, washing machines, and television. Some of the types of voltage stabilizers--manual voltage stabilizers, automatic voltage stabilizers, and voltage stabilizers.
If you can engineer stabilizers and allied things, then you can initiate the business. For starting this business, you need a moderate amount of investment, skilled workforce, space, and business plan. You may also need a mentor if you have to digitize the business or enter in the online marketplace.
Whether you have to move goods or send gifts to customers, packaging plays a crucial role. Good packaging impresses others and showcases efforts made in creating products. In the digital age, online shopping has tremendously increased thereby, surging demand for packaging boxes.
If you know how to package professionally, you can initiate this business. To start this small manufacturing business, you would require low investment. You can also use packaging machinery to accelerate the business. Employing technology into the packaging process ease work, reduces dependency on the work force and saves time. To add the technology, you would have to do massive research and ascertain a machinery that fits in your budget.
You can start these manufacturing businesses with a small amount of investment. Apart from these business ideas, there are various other viable ideas in the market. If you know any, share with us in the comment section below.
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