{"id":7834,"date":"2026-04-30T18:55:03","date_gmt":"2026-04-30T13:25:03","guid":{"rendered":"https:\/\/www.entrepreneurindia.co\/blogs\/?p=7834"},"modified":"2026-04-30T18:55:03","modified_gmt":"2026-04-30T13:25:03","slug":"contract-manufacturing-business-2","status":"publish","type":"post","link":"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/","title":{"rendered":"How to Start Contract Manufacturing Business in India (Low Investment + High Profit Guide)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7834\" class=\"elementor elementor-7834\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b328a5d e-flex e-con-boxed e-con e-parent\" data-id=\"b328a5d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6dca055 elementor-widget elementor-widget-text-editor\" data-id=\"6dca055\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em><strong>Contract Manufacturing Business<\/strong><\/em><\/p><p>Most people think the key to success is to build a brand. Yet, some of the most lucrative businesses are backroom operations. One of these is contract manufacturing.<\/p><p>Thousands of small factories in industrial cities such as Pune, Chennai and Ahmedabad make products for big brands without stamping their own labels. These companies invest nothing in advertising but many make regular monthly profits.<\/p><p>The contract manufacturing industry in India is valued at more than \u20b94.2 lakh crore and growing fast. Big businesses are outsourcing more to save costs and be agile. This represents a major opportunity for small manufacturers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bd9a51 elementor-widget elementor-widget-text-editor\" data-id=\"5bd9a51\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Get_Detailed_Insights_from_This_Book_Select_Start_Your_Own_Industry_4th_Revised_Edition\" >Get Detailed Insights from This Book: Select &amp; Start Your Own Industry (4th Revised Edition)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Why_This_Is_the_Right_Time_to_Start\" >Why This Is the Right Time to Start<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#The_main_growth_factors_are\" >The main growth factors are:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Understanding_the_Business_Model\" >Understanding the Business Model<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Access_Complete_Business_Plan_Project_Reports_Profiles\" >Access Complete Business Plan: Project Reports &amp; Profiles<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Choosing_the_Right_Sector\" >Choosing the Right Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Secure_a_Client_Before_You_Invest\" >Secure a Client Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Registration_and_Compliance\" >Registration and Compliance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Setting_Up_Your_Manufacturing_Unit\" >Setting Up Your Manufacturing Unit<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#The_team_structure_will_be\" >The team structure will be:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Turn_your_budget_into_a_successful_business_plan\" >Turn your budget into a successful business plan<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Investment_and_Profit_Potential\" >Investment and Profit Potential<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#At_full_capacity\" >At full capacity:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#How_to_Get_Clients_Quickly\" >How to Get Clients Quickly<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Here_are_some_effective_avenues_to_find_clients\" >Here are some effective avenues to find clients:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Government_Schemes_You_Should_Use\" >Government Schemes You Should Use<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Some_key_schemes\" >Some key schemes:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Related_Article_Contract_Manufacturing_in_India_A_Profitable_Manufacturing_Business_Opportunity_for_MSMEs\" >Related Article: Contract Manufacturing in India: A Profitable Manufacturing Business Opportunity for MSMEs<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Why_Proper_Planning_Is_Critical\" >Why Proper Planning Is Critical<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Common_Mistakes_to_Avoid\" >Common Mistakes to Avoid<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Some_key_mistake_are_made\" >Some key mistake are made:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#Final_Thoughts\" >Final Thoughts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business-2\/#FAQs\" >FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Get_Detailed_Insights_from_This_Book_Select_Start_Your_Own_Industry_4th_Revised_Edition\"><\/span>Get Detailed Insights from This Book: <a href=\"https:\/\/www.niir.org\/books\/book\/select-start-your-own-industry-4th-revised-edition\/isbn-9789381039151\/zb,,1d,a,0,0,a\/index.html\" rel=\"nofollow noopener\" target=\"_blank\">Select &amp; Start Your Own Industry (4th Revised Edition)<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8e2082e e-flex e-con-boxed e-con e-parent\" data-id=\"8e2082e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-11efa42 elementor-widget elementor-widget-heading\" data-id=\"11efa42\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Why_This_Is_the_Right_Time_to_Start\"><\/span>Why This Is the Right Time to Start<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4b29280 elementor-widget elementor-widget-text-editor\" data-id=\"4b29280\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This is an opportune time to start a business. The world is moving offshoring and India is quickly emerging as a manufacturing hub. Meanwhile, there is growing local demand in the FMCG, food and apparel industries.<\/p><p>The government is also more favourable, enabling new entrepreneurs to set up their own manufacturing ventures.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-90d2cd5 elementor-widget elementor-widget-heading\" data-id=\"90d2cd5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"The_main_growth_factors_are\"><\/span>The main growth factors are:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98269b2 elementor-widget elementor-widget-text-editor\" data-id=\"98269b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>China+1 strategy increasing global demand<\/li><li>India&#8217;s strong consumption growth<\/li><li>Programs to assist MSME&#8217;s subsidies and loans<\/li><\/ul><p>These reasons have made contract manufacturing more cost-effective.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8d2ee1e e-con-full e-flex e-con e-parent\" data-id=\"8d2ee1e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e4cd5f8 elementor-widget elementor-widget-heading\" data-id=\"e4cd5f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Understanding_the_Business_Model\"><\/span>Understanding the Business Model<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dfe95a3 elementor-widget elementor-widget-text-editor\" data-id=\"dfe95a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Contract manufacturing is a form of manufacturing where you manufacture other company\u2019s products and they brand them as their own. You are only responsible for the production, quality assurance and shipping.<\/p><p>This approach is low risk &#8211; you don&#8217;t have to worry about branding and marketing. You simply focus on efficiency.<\/p><p>For instance, you might produce packaged food, plastics or textiles for another company. They sell the product, and you get paid per unit produced.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fba420b elementor-widget elementor-widget-text-editor\" data-id=\"fba420b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Access_Complete_Business_Plan_Project_Reports_Profiles\"><\/span>Access Complete Business Plan: <a href=\"https:\/\/www.niir.org\/profile-project\" rel=\"nofollow noopener\" target=\"_blank\">Project Reports &amp; Profiles<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb7edee elementor-widget elementor-widget-image\" data-id=\"eb7edee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"687\" height=\"1024\" src=\"https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_yyt3kxyyt3kxyyt3-687x1024.png\" class=\"attachment-large size-large wp-image-7837\" alt=\"Contract Manufacturing Business\" srcset=\"https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_yyt3kxyyt3kxyyt3-687x1024.png 687w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_yyt3kxyyt3kxyyt3-201x300.png 201w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_yyt3kxyyt3kxyyt3-768x1145.png 768w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_yyt3kxyyt3kxyyt3-150x224.png 150w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_yyt3kxyyt3kxyyt3-750x1118.png 750w, https:\/\/www.entrepreneurindia.co\/blogs\/wp-content\/uploads\/2026\/04\/Gemini_Generated_Image_yyt3kxyyt3kxyyt3.png 848w\" sizes=\"(max-width: 687px) 100vw, 687px\" data-full-width=\"848\" data-full-height=\"1264\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f61f415 e-flex e-con-boxed e-con e-parent\" data-id=\"f61f415\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9217143 elementor-widget elementor-widget-heading\" data-id=\"9217143\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Choosing_the_Right_Sector\"><\/span>Choosing the Right Sector<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4008113 elementor-widget elementor-widget-text-editor\" data-id=\"4008113\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It&#8217;s important to find the right sector. New entrepreneurs should look for industries that are less competitive and have medium levels of investment.<\/p><p>Good starting sectors include:<\/p><ul><li>Food (spices, snacks, packaging)<\/li><li>Garments and textiles<\/li><li>FMCG packaging<\/li><li>Plastic and simple engineering<\/li><\/ul><p>The more lucrative but more complicated industries are pharmaceuticals and electronics.<\/p><p>Ideally, you should consider a sector in which you have some prior experience or advantage.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f32ffb0 e-flex e-con-boxed e-con e-parent\" data-id=\"f32ffb0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a5804cf elementor-widget elementor-widget-heading\" data-id=\"a5804cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Secure_a_Client_Before_You_Invest\"><\/span>Secure a Client Before You Invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e4748c elementor-widget elementor-widget-text-editor\" data-id=\"9e4748c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This is the key and often overlooked.<\/p><p>Don&#8217;t establish a factory before identifying customers. Talk to companies, suppliers, distributors. Attempt to obtain a Letter of Intent (LOI) or start-up order.<\/p><p>This will minimise your risk and increase your likelihood of securing a loan.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-51bb756 e-flex e-con-boxed e-con e-parent\" data-id=\"51bb756\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ed3e1e8 elementor-widget elementor-widget-heading\" data-id=\"ed3e1e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Registration_and_Compliance\"><\/span>Registration and Compliance<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-06b1e9e elementor-widget elementor-widget-text-editor\" data-id=\"06b1e9e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>All manufacturing businesses need to undertake basic registrations. It may seem overwhelming, but it can now be done online.<\/p><p>Essential registrations include:<\/p><ul><li>Udyam Registration (for MSME benefits)<\/li><li>GST Registration<\/li><\/ul><p>For some businesses you may need:<\/p><ul><li>FSSAI license (food business)<\/li><li>Drug license (pharmaceuticals)<\/li><li>Pollution control approval<\/li><li>Factory license<\/li><\/ul><p>Compliance allows the company to run efficiently and also obtain big contracts from large corporations.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1b00de1 e-flex e-con-boxed e-con e-parent\" data-id=\"1b00de1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4378b56 elementor-widget elementor-widget-heading\" data-id=\"4378b56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Setting_Up_Your_Manufacturing_Unit\"><\/span>Setting Up Your Manufacturing Unit<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c4479ad elementor-widget elementor-widget-text-editor\" data-id=\"c4479ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Keep it small and simple. It&#8217;s common for manufacturers to start in rented facilities to minimise overheads.<\/p><p>The typical equipment includes machinery, utilities and a couple of employees.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46b4da6 elementor-widget elementor-widget-heading\" data-id=\"46b4da6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"The_team_structure_will_be\"><\/span>The team structure will be:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66015eb elementor-widget elementor-widget-text-editor\" data-id=\"66015eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>1 production supervisor<\/li><li>4\u20136 machine operators<\/li><li>1 quality control staff<\/li><li>1 admin\/logistics person<\/li><\/ul><p>This is sufficient to run a micro or small unit initially.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e14d8d8 e-flex e-con-boxed e-con e-parent\" data-id=\"e14d8d8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f031202 elementor-widget elementor-widget-text-editor\" data-id=\"f031202\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Turn_your_budget_into_a_successful_business_plan\"><\/span><a href=\"https:\/\/www.niir.org\/startup-selector\" rel=\"nofollow noopener\" target=\"_blank\">Turn your budget into a successful business plan<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9867e22 elementor-widget elementor-widget-heading\" data-id=\"9867e22\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Investment_and_Profit_Potential\"><\/span>Investment and Profit Potential<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e28ae64 elementor-widget elementor-widget-text-editor\" data-id=\"e28ae64\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Start-up costs vary with size and sector. A micro unit would cost about \u20b915-20 lakh to start, while a small unit would cost about \u20b945-60 lakh.<\/p><p>The business is financially appealing.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4359e41 elementor-widget elementor-widget-heading\" data-id=\"4359e41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"At_full_capacity\"><\/span>At full capacity:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d177391 elementor-widget elementor-widget-text-editor\" data-id=\"d177391\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Monthly revenue: \u20b915\u201320 lakh<\/li><li>Net profit margin: 16\u201322%<\/li><li>Monthly profit: \u20b92.5\u20134 lakh<\/li><\/ul><p>Investment generally recoups within 24-36 months, this varies depending on the efficiency and output of the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-96884e3 e-flex e-con-boxed e-con e-parent\" data-id=\"96884e3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-194c2da elementor-widget elementor-widget-heading\" data-id=\"194c2da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"How_to_Get_Clients_Quickly\"><\/span>How to Get Clients Quickly<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3dd8541 elementor-widget elementor-widget-text-editor\" data-id=\"3dd8541\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Acquiring your first client can be most difficult, but also the most rewarding. There is a lot of demand for manufacturers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f85d7f5 elementor-widget elementor-widget-heading\" data-id=\"f85d7f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Here_are_some_effective_avenues_to_find_clients\"><\/span>Here are some effective avenues to find clients:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a442e9e elementor-widget elementor-widget-text-editor\" data-id=\"a442e9e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Attend MSME buyer-seller meets<\/li><li>Email or LinkedIn companies directly<\/li><li>Join industry associations<\/li><li>Work with an export or distribution company<\/li><\/ul><p>The ability to fill small orders with high-quality products can set you apart.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6b96b7e e-flex e-con-boxed e-con e-parent\" data-id=\"6b96b7e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-812eea2 elementor-widget elementor-widget-heading\" data-id=\"812eea2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Government_Schemes_You_Should_Use\"><\/span>Government Schemes You Should Use<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b65d4cc elementor-widget elementor-widget-text-editor\" data-id=\"b65d4cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Indian government has schemes to help manufacturing businesses, particularly startups.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e80022e elementor-widget elementor-widget-heading\" data-id=\"e80022e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Some_key_schemes\"><\/span>Some key schemes:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3751421 elementor-widget elementor-widget-text-editor\" data-id=\"3751421\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>PMEGP (subsidy for capital up to 35%)<\/li><li>CGTMSE (collateral-free loans up to \u20b92 crore)<\/li><li>MUDRA loans (working capital support)<\/li><li>PLI scheme (subsidies for output growth)<\/li><\/ul><p>These schemes could save a lot of financial pressure on your part.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f46541f elementor-widget elementor-widget-text-editor\" data-id=\"f46541f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"Related_Article_Contract_Manufacturing_in_India_A_Profitable_Manufacturing_Business_Opportunity_for_MSMEs\"><\/span>Related Article: <a href=\"https:\/\/www.niir.org\/blog\/contract-manufacturing-business-in-india\/\" rel=\"nofollow noopener\" target=\"_blank\">Contract Manufacturing in India: A Profitable Manufacturing Business Opportunity for MSMEs<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-17873a5 e-flex e-con-boxed e-con e-parent\" data-id=\"17873a5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-50d043c elementor-widget elementor-widget-heading\" data-id=\"50d043c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Why_Proper_Planning_Is_Critical\"><\/span>Why Proper Planning Is Critical<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b1f7cec elementor-widget elementor-widget-text-editor\" data-id=\"b1f7cec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Many new manufacturing facilities don&#8217;t make money, not because of a lack of orders but because of poor planning. Choices of machinery, plant design and financial resources need to be made wisely.<\/p><p>That&#8217;s where the experts can help. Companies that provide these kind of reports are NIIR Project Consultancy Services. The reports cover everything such as technically set up, analysis of finance and law etc.<\/p><p>They are also useful in obtaining bank finance, with reports providing reliable information.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-553cbfe e-flex e-con-boxed e-con e-parent\" data-id=\"553cbfe\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1d0909e elementor-widget elementor-widget-heading\" data-id=\"1d0909e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Common_Mistakes_to_Avoid\"><\/span>Common Mistakes to Avoid<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5e2b20 elementor-widget elementor-widget-text-editor\" data-id=\"c5e2b20\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The opportunity is great, but errors can be fatal if not caught quickly.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f425d66 elementor-widget elementor-widget-heading\" data-id=\"f425d66\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Some_key_mistake_are_made\"><\/span>Some key mistake are made:<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa354dd elementor-widget elementor-widget-text-editor\" data-id=\"aa354dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Starting without confirmed clients<\/li><li>Overspending on machinery<\/li><li>Ignoring quality standards<\/li><li>Relying on one supplier or purchaser<\/li><\/ul><p>The slow approach and the patience is needed to grow and prosper.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d15e23 elementor-widget elementor-widget-video\" data-id=\"7d15e23\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/zr61Oyqn11U?si=ywUoMMv2_qC7KUFK&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ebb1f07 e-flex e-con-boxed e-con e-parent\" data-id=\"ebb1f07\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-534ac0c elementor-widget elementor-widget-heading\" data-id=\"534ac0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"Final_Thoughts\"><\/span>Final Thoughts<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ea5bbaf elementor-widget elementor-widget-text-editor\" data-id=\"ea5bbaf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><a href=\"https:\/\/www.entrepreneurindia.co\/blogs\/contract-manufacturing-business\/\">Contract manufacturing<\/a> is not about marketing. It is about predictability, reliability and process. You are not in a growth business &#8211; you are serving an existing market.<\/p><p>With quality, reliability and efficiency, this business can build sustainable and scalable revenues.<\/p><p>The market is there. It&#8217;s your turn.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-39fa783 e-flex e-con-boxed e-con e-parent\" data-id=\"39fa783\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cc6cbb0 elementor-widget elementor-widget-heading\" data-id=\"cc6cbb0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e1d0557 elementor-widget elementor-widget-text-editor\" data-id=\"e1d0557\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>How much money is needed for this business?<\/strong><\/p><p>You could start with a small unit of investment of around 15-20 Lakh and with investments ranging to about 45-60 Lakh in every industry respectively to get stability.<\/p><p><strong>Is contract manufacturing profitable?<\/strong><\/p><p>Yes, it&#8217;s a good source of steady 16-22% returns. In some industries (such as pharmaceuticals), it can be higher.<\/p><p><strong>How do I get my first client?<\/strong><\/p><p>By reaching out, attending industry events, and MSME networks. All you need is a small trial order.<\/p><p><strong>What industry is good to start in?<\/strong><\/p><p>Food processing, garments and packaging are relatively easy to start due to low investment and easy compliance.<\/p><p><strong>Must I have prior experience?<\/strong><\/p><p>Not necessarily. If planning and technical advice is sought early, this business can be taken up by novices.<\/p><p><strong>How can NPCS help me?<\/strong><\/p><p>NIIR Project Consultancy Services offers project reports, plant layouts and financial planning assistance for establishing and obtaining loans.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Contract Manufacturing Business Most people think the key to success is to build a brand. Yet, some of the most lucrative businesses are backroom operations. One of these is contract manufacturing. Thousands of small factories in industrial cities such as Pune, Chennai and Ahmedabad make products for big brands without stamping their own labels. These [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":7835,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","override":[{"template":"2","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"topbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"0","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_paywall_metabox":{"paragraph_limit":"2","enable_premium_post":"0","enable_free_post":"0","override_paragraph_limit":"0","enable_preview_post":"0","enable_preview_video":"0"},"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[1081,1231],"tags":[1788,1837,1836,1838],"class_list":["post-7834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing-business-ideas","category-msme-small-scale-industries","tag-contract-manufacturing-business-in-india","tag-contract-manufacturing-business-plan-india","tag-contract-manufacturing-profit-margin","tag-manufacturing-startup-india"],"_links":{"self":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts\/7834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/comments?post=7834"}],"version-history":[{"count":6,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts\/7834\/revisions"}],"predecessor-version":[{"id":7842,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/posts\/7834\/revisions\/7842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/media\/7835"}],"wp:attachment":[{"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/media?parent=7834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/categories?post=7834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.entrepreneurindia.co\/blogs\/wp-json\/wp\/v2\/tags?post=7834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}