Best Business ideas under 5 lakhs 

1. Agarbatti Industry :

India is the world's highest Incense(Agarbatti) producing country. About 60% of Agarbatti is made up of low-quality charcoal powder, sandalwood powder & cheap perfume sprinkles on top. For a superior variety of Agarbatti's, they used essential oils, purified resins, and natural perfumes to sprinkle them a top note. The main manufacturing centers are placed in Mysore & Bangalore.

Implementation :

The unit can be set up within the shortest time as basically, it is a cottage industry.

Investment :

  • Warehouse
  • Incense stick machine
  • Incense sticks raw material
  • Workers for incense stick production, distribution, and marketing 
  • Manufacturing unit

Machinery : 

Automatic Agarbatti-making machine: 1.5 Lac
Dhoopbatti making machine: 1.2 Lac
Powder and other mixing: 0.4 Lac
Accessories, Tools, and Investment: 2.0 Lac
Packing and others: 0.5 Lac

Total: 5.6 Lacs

2. Candle Business :

Nowadays people use candles mainly for religious or ritual purposes, Romantic ambiance, light and to illuminate celebrations and add a pleasant warmth to home. Candles are made with candle wax or paraffin wax which is a by-product of petroleum refining. some candles are made with honey wax, some of them with plant wax. Soy wax and coconut wax are some of the best non-toxic. In India "Nainital" tourists from across India even abroad would visit Nainital to buy its famous candles which are hand-made.

Investment :

  • Warehouse
  • Candle Mold's
  • Candlewick
  • Pouring pot
  • Double Boiler's 
  • Automatic Candle making machine
  • Candle Sharpener

Total - 4-5 Lacs

Registrations :

GST Registration, Company Registration, Trade License, and NOC from state pollution this license were required to run a making Business.

Marketing :

These days Marketing is the main Pillar of Business  

Offline Marketing :

Offline Marketing like Billboards, Flyers, and Hoardings which would be helpful for advertising.

Online Marketing:

Digital Marketing like website, Google Ads, Social Media, Email Marketing, and Digital promotions are required to advertise our product worldwide.

3. Pest Control Business :

Pest Control is Managing and preventing pests such as insects and other animals from our Houses, by using pest control we can prevent damage to physical assets caused by pests. 

Investment :

  • Pesticides and Chemicals 
  • Sprayers
  • UV Light Traps 
  • Safety Kit
  • Pest control software


Business Growth : 

Mainly after COVID people maintain hygiene and they want to protect their properties and crops from pests and incests. The pest control Business has grown unpredictably, The main growth of the pest control business is mainly in urban areas the construction activity is rapidly increasing day-to-day life.

Total Investment: 5-6 Lacs