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The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the INR 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) to develop 100 plug-and-play industrial parks across the country. The scheme, announced by Ashwini Vaishnaw, is expected to generate around 15 lakh direct jobs and will run from FY27 to 2031-32. It focuses on pre-built industrial ecosystems with core and value-added infrastructure, external connectivity support, and state-private partnerships. The initiative aims to strengthen manufacturing, attract investment, and improve ease of doing business.
The Union Cabinet, chaired by Narendra Modi, has approved the Bharat Audyogik Vikas Yojna (BHAVYA), a scheme with an outlay of INR 33,660 crore aimed at developing 100 plug-and-play industrial parks across the country to strengthen the manufacturing ecosystem. Advertisement
Announcing the decision during a briefing on Cabinet approvals, Ashwini Vaishnaw stated that the scheme is designed to create world-class industrial infrastructure that can support India's long-term manufacturing growth and competitiveness. The initiative is also expected to generate approximately 15 lakh direct employment opportunities.
According to information shared by Amardeep Singh Bhatia, the scheme will be implemented over a period of six years, from FY27 through 2031-32. In the first phase, 50 industrial parks are planned for development. The central government will provide financial support of up to INR 1 crore per acre for these projects.
Under BHAVYA, industrial parks will be developed in the range of 100 to 1,000 acres. These parks will include essential core infrastructure such as internal roads, underground utility networks, drainage systems, common treatment facilities, ICT systems, and administrative buildings. In addition, value-added facilities will be incorporated, including ready-built factory sheds, built-to-suit units, testing laboratories, warehousing spaces, and social infrastructure such as worker housing and related amenities.
The scheme will also extend support for external infrastructure up to 25 per cent of the project cost to ensure smooth connectivity with surrounding transport and logistics networks. Project selection will follow a challenge-based approach, allowing only high-quality, reform-oriented, and investment-ready proposals to move forward.
Building on earlier industrial initiatives such as Industrial Smart Cities under the National Industrial Corridor Development Programme, the scheme will be implemented in collaboration with state governments and private sector participants. The framework has been designed to encourage deregulation, simplify approvals, and strengthen single-window clearance systems led by states.
The Department for Promotion of Industry and Internal Trade (DPIIT) Department for Promotion of Industry and Internal Trade will play a key role in driving the scheme. The initiative is aligned with the broader objective of enabling faster movement from project intent to actual production by providing pre-approved land and ready infrastructure.
The proposed parks will follow principles of multimodal connectivity and integrated planning, in line with the PM GatiShakti framework. Sustainability features such as green energy adoption and efficient resource utilisation will be incorporated, along with underground utility corridors designed to support maintenance without disrupting operations.
The scheme is expected to benefit a wide range of stakeholders, including manufacturing units, MSMEs, startups, global investors, logistics providers, and service sector enterprises. By encouraging cluster-based development, it aims to bring together industries, suppliers, and service providers within the same ecosystem, thereby strengthening domestic supply chains and promoting regional industrialisation.
The National Industrial Corridor Development Corporation Limited (NICDC) National Industrial Corridor Development Corporation Limited, operating under the National Industrial Corridor Development Programme National Industrial Corridor Development Programme, is already working on multiple greenfield industrial smart city projects across several states. These initiatives are based on plug-and-play infrastructure models, where land, utilities, approvals, and basic facilities are pre-developed to enable quicker operational readiness for industries.
Source PTI
FAQ
Q1: What is the BHAVYA scheme approved by the Union Cabinet?
A1: The Bharat Audyogik Vikas Yojna (BHAVYA) is a INR 33,660 crore initiative approved by the Union Cabinet to develop 100 plug-and-play industrial parks across India. The scheme aims to strengthen the manufacturing ecosystem by providing ready infrastructure to industries for faster setup and operations.
Q2: What is the main objective of the BHAVYA scheme?
A2: The primary objective is to boost domestic manufacturing, attract investment, and improve ease of doing business by creating world-class industrial infrastructure. The scheme focuses on reducing project setup time through pre-developed land and integrated facilities that support immediate industrial use.
Q3: How many jobs are expected to be created under this scheme?
A3: The BHAVYA scheme is expected to generate approximately 15 lakh direct employment opportunities. These jobs will span across manufacturing units, logistics, services, and allied industries that operate within the industrial parks and surrounding ecosystems.
Q4: Over what period will the scheme be implemented?
A4: The scheme will be implemented over six years, from FY27 to 2031-32. In the first phase, 50 industrial parks are planned, followed by the remaining parks in subsequent phases based on project selection and readiness.
Q5: What kind of infrastructure will these industrial parks include?
A5: The parks will feature core infrastructure such as internal roads, drainage systems, utility networks, ICT systems, and administrative buildings. They will also include value-added facilities like ready-built factory sheds, warehouses, testing labs, built-to-suit units, and worker housing, enabling plug-and-play operations.
Q6: How will these industrial parks be funded and developed?
A6: The central government will provide financial support of up to INR 1 crore per acre. Additionally, up to 25% of project cost may be allocated for external infrastructure to ensure connectivity. The scheme will be implemented through collaboration between the central government, state governments, and private sector participants using a challenge-based selection approach.
Q7: How does BHAVYA align with other government initiatives?
A7: The scheme aligns with initiatives like PM GatiShakti and the National Industrial Corridor Development Programme. It promotes multimodal connectivity, integrated planning, sustainability, and cluster-based industrial development, helping industries operate efficiently while improving regional industrialisation and supply chain integration.
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