A bare-bones puncture setup needs an air compressor (Rs 15,000-30,000) and hand tools/consumables (Rs 10,000-20,000) per IIFL Finance's component cost breakdown - so a basic start is achievable well under Rs 50,000. Scaling into a full tyre shop with a tyre changer and wheel balancer pushes total investment to roughly Rs 3.5-8 lakh. PMEGP can subsidise 15-35% of eligible project cost for new service-sector units.
No independently verified per-shop earnings figure was found for this trade in India, so treat any specific daily/monthly income claim online with suspicion - income depends heavily on footfall at your chosen spot and local pricing norms.
Figures are quoted from the sources listed under Useful resources on this page. Check them against current local prices before you rely on them.