Business To Start With 2 Lakh Rupees Of Investment In India?

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The fashion world is indeed tangled with history, self-presentation, and innovative leadership. Instead, the Indian fashion industry is characterized by historical inspirations combined with modern development. But what if you wanted to be a part of this fantastic reality but your starting amount was 2 lakhs? Do not worry, future fashion business owner, this blog assists you on how to start a profitable fashion business in India with little money.

Finding Gaps:

1. ESSENCE OF PRELOVED CLOTHING

What is it about: As the awareness of sustainable fashion increases, it makes sense to start a business selling pre owned luxury clothes, second hand clothes, or vintage items.
How to go about it: Focus on marketing and acquisition. Local marketplaces like Poshmark, Depop or an Instagram shop account would do fine as an online storefront.
Benefits: It is a cost-effective way to attract an environmentally friendly audience, and it does not require a big starting stock to be purchased in the beginning.

2. A STEP TOWARDS THE SUSTAINABLE SIDE – HAND-CRAFTED CUSTOM JEWELLERY AND ACCESSORIES

What is it about: Utilize the talents of the locals to produce intricately crafted jewelry and ornaments, employing techniques such as embroidery, beadwork, or metal.
Investment: Emphasise the materials, packaging, and presentation of your collection.
Advantage: Sheds light to local creators, sells quirk and customised pieces and is relatively cheaper to produce than a fashion line.

For Franchisee Inquiry, Call: +9163521 77288

3. The Customization Canvas:

Concept: Deal with custom-made clothing or accessories. This could be in the form of embroidered clothing with patterns of a specific one's liking, turning up outwear, or creating one from the ground up.
Investment: Look at boosting your marketing and seek collaborations with local tailors or local manufacturers. You can start small by doing little alterations while expanding your way up into the customization services.
Advantage: It serves a uniquely focused demographic who look for custom made pieces, requires little investment at the start so as stock solutions and gives an excellent return on the customizations.

4. Harness the Digital Marketplace:

Concept: Register yourself to sell on previously established e-commerce websites on for example Ajio, Myntra or Flipkart. Buy from wholesalers or manufacturers stylish clothing and accessories that people are interested in.
Investment: Prioritise having an optimal stock level and establishing a strong grip in the internet forums.
Advantage: Makes use of already existing sites having clientele, reduces the marketing efforts required and the selections of products were quite flexible.

5. The Power of Storytelling:

Concept: Start a fashion blog or a social media channel targeting even more niche areas between within fashion, like sustainable clothing, ethical clothing production, menswear, etc.
Investment: Concentrate on the growth of the audience core, strive for higher standards in content creation, and look for potential sponsorship from such brands.
Advantage: It is a business that demands very little start up funds, offers lots of scope for creativity, and can be monetized through ads or sponsorships.

Ajmera Fashion- A Perfect Fashion Partner

At Ajmera Fashion, we appreciate the zeal and the obstacles an aspiring fashion business manager goes through. Although we do not have a magic formula that allows you to create your own label for under 2 lakhs, we can be your business partner in this venture!

This is how Ajmera Fashion will assist you:

Inspiration and Trends: Understand the latest trends in fashion and target markets by viewing selected pieces from our collection.
Sourcing Strategies: Leverage our expertise in sourcing top-notch fashion products. This experience will be helpful even if you are concentrating on pre-owned fashion or handcrafted items.
Building Your Brand: Our brand narrative and our digital handles provide opportunities to learn how to strategize about building a strong online identity and reaching out to your target customers.

Remember, success in the fashion industry rests on a strong foundation of passion, creativity, and a keen understanding of your target market. With careful planning, smart resource allocation, and a dash of entrepreneurial spirit, you can turn your dream fashion business into a thriving reality, even with a limited initial investment.

For Wholsale Inquiry, Call: +916358907210

Also read: Why is Clothing Franchise Business Popular In India.

FAQs about Starting a Small Business in India:

Q: Is 2 lakhs enough to start a fashion business in India?

A: There are policies that cater towards small-scale fashion retailing given that you specialize in the online aspect with a pre-loved fashion focus or hand-made equities. Therefore the amount of two lakh is adequate considering strategic management is astutely conducted.

Q: What are the basic legal requirements for starting a business in India?

A: The requirement for a small business would be in the form of business registration (which comprises either a sole proprietorship, a partnership, an LLP, etc.), also a GST registration is required, and relevant local statutes. It is advisable to seek guidance from business or chartered accountant advisors.

Q: How do I manage finances for a small business?

A: It is vital to ensure proper details of income and expenses are kept, at the same time schedules are created and accounting software or Excel can be utilized to monitor these finances.

Q: How important is the online presence in the case of a fashion business in the current era?

A: The presence has to be strong and if it is weak, then make sure to use the tools at one's disposal effectively. A web page, social accounts, and even profiles on markets can greatly widen the market outreach.