Job insecurity is rising these days, and with inflation increasing living costs, many people are exploring new ways to earn money. Starting a business has become an attractive option.
However, some people hesitate because they see it as risky and believe it requires a large investment.
The good news is that with proper planning and business knowledge, you can earn substantial profits even with a small amount of capital. If you have ₹1 lakh, you can start a small business that could help you become financially independent.
The Indian government is also encouraging startups and promoting self-employment through various schemes and initiatives.
Profitable Business Ideas Under ₹1 Lakh
Tiffin Service
You can start a tiffin service with an investment of ₹50,000 to ₹1 lakh. You’ll need gas, utensils, packaging materials, and possibly a delivery person.
Promoting your business on social media can help attract customers. If managed well, this business can earn you ₹30,000 to ₹60,000 per month.
Mobile Covers and Accessories Shop
Starting a mobile accessories shop requires around ₹80,000 to ₹1 lakh. You’ll need a small shop or stall (about 50–100 sq. ft.) and a stock of mobile covers, chargers, earphones, and other accessories.
This business offers a profit margin of 30–60%, and since mobile accessories are always in demand, it can generate a steady and significant income.
Juice Shop
You can open a juice shop with an investment of ₹70,000 to ₹1 lakh. You’ll need a suitable location—preferably near colleges, offices, or gyms—
and basic equipment like a mixer, juicer, and fresh fruits. A successful juice shop can earn you ₹2,000 to ₹4,000 per day in profit.